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.
Encouraging economic news, generally positive Q2 corporate earnings reports in July, and stable Federal Reserve policy had to battle multiple geopolitical conflicts for investor attention. Both the S&P 500 and Dow industrials set fresh all-time highs early on, but the S&P managed to follow through to additional records while the Dow slipped back under 17,000.
After five straight positive months, both succumbed to profit-taking that left them under water for July. That handed the year-to-date lead to the Nasdaq (barely), while the small caps of the Russell 2000 gave up most of the previous month's gains and joined the Dow in negative territory for the year. Global conflicts and instability in some emerging markets also hurt the Global Dow.
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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.