The first income seeking mutual fund to provide income from investments that are interest-free and, we believe, are based on more equitable borrowing arrangements.
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The companies we include all meet our stringent screens for social responsibility - and, with a focus on mid-sized companies, the fund may be an excellent way to diversify your stock portfolio.
Despite a generally sluggish economy, some mundane corporate earnings reports, the Greek debt crisis, and China's stock market upheaval, stock markets posted moderate gains, for the most part. The biggest gainer for the month was the Nasdaq, up 141 points to 5128, followed by the S&P 500, which ended the month higher by almost 2%.
The apparent prevention of a major economic meltdown in Greece may have prompted foreign investors to start buying as the Global Dow finished the month up over 1%. As to the major U.S. stock market indexes, only the Dow remains in negative territory for the year, down 0.75%, with the remaining indexes in the black for the year.
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Please consider a fund’s objectives, risks, charges and expenses carefully before you invest. The prospectus contains this and other important information. For a hard copy, please call 1-888-350-3369. Please read the prospectus carefully before investing or sending money. Nothing on this website should be considered a
solicitation to buy, an offer to sell, or a recommendation for any security in any jurisdiction where such offer, solicitation, or recommendation would be unlawful. The Azzad Funds are self distributed, Azzad Asset Management serves as the Investment Adviser.