Socially responsible mutual funds and wealth management

Welcome To Azzad

Azzad Asset Management is a faith-based, socially responsible investment firm offering halal solutions including mutual funds, custom wealth management, financial planning, and retirement plans for individuals and businesses of all sizes.

Azzad is the sponsor of the Azzad Funds: the Azzad Wise Capital Fund, the first halal fixed income fund in the United States, and the Azzad Ethical Fund, a socially screened mid-cap growth stock fund.

In addition to the mutual funds, Azzad maintains eight investment portfolios in different asset classes including our award-winning real estate, large-cap growth, small-cap growth, and small-cap value strategies.

All Azzad products are managed by institutional money managers who specialize in their respective asset classes. You can use these products to save for retirement, college, hajj, and much more.

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The Case for International Investing

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Market Recap – First Quarter 2017

Riding the momentum following the presidential election, stocks surged for much of the first quarter of 2017. Buoyed by the anticipation of tax cuts and policies favorable to domestic businesses, major benchmark indexes reached historic highs throughout the quarter. At the end of January, the Dow reached the 20,000-point mark for the first time, while the tech-heavy Nasdaq gained almost 4.5% for the month. The trend continued in February, as stocks posted solid monthly gains. The Dow closed the month with a run of 12 consecutive daily closings that reached all-time highs. The S&P 500 also achieved a milestone — 50 consecutive trading sessions without a daily swing of more than 1.0%. At the close of trading in February, each of the benchmark indexes posted year-to-date gains, led by the Nasdaq, which was up over 8.0%.

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Filing shareholder resolutions and why it matters

Shareholder advocacy refers to actions taken by stockholders to ask the companies they own to change their behavior for the public good. If you invest in stocks, you can participate in shareholder advocacy. Watch our latest webinar to learn some basics.

Learn about Azzad’s ethical investing process

Azzad follows ethical investing criteria based on Islamic principles of economic and social justice. All investments are screened to exclude companies that profit from interest, alcohol, tobacco, gambling, pornography, weapons, prisons, war/international conflict, hydraulic fracturing, and other areas that cause societal or environmental harm. Companies with high debt ratios are also excluded.

Azzad’s mission is to provide investment services designed to help clients enjoy optimum performance without compromising their values.

Seven Tenets of Halal Investing

At Azzad, we abide by the Seven Tenets of Halal Investing. These seven rules serve as the foundation of our ethical philosophy, helping us to grow our clients’ wealth in a halal and responsible way

1. Screening and Filtering
2. Planning and Diversification
3. Verification and Due Diligence
4. Ongoing Screening and Filtering
5. Shareholder Advocacy
6. Purification
7. Zakah

In addition, Azzad follows investing criteria set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the global standard-setting body for the Islamic finance industry.

In 2015, Azzad became the first investment firm in the U.S. to externally verify AAOIFI compliance after we successfully completed an audit conducted by the UK-based Islamic Finance Advisory and Assurance Services (IFAAS), a leading specialist in Islamic finance. We now undertake this audit each year.