Our Team

Your interests are aligned with ours. Azzad’s investment professionals are shareholders in the Funds they manage.

Ziegler Capital Management and Federated Investment Management Company serve as sub-advisors to the Azzad Ethical Fund and the Azzad Wise Capital Fund, respectively. The Funds are also managed by a team led by Mr. Jamal Elbarmil. In addition, the Funds are overseen by an investment committee that meets regularly to discuss their portfolio characteristics, performance and risk management.


Christian GrenierChristian Greiner, CFA®, Senior Portfolio Manager

Mr. Greiner has been senior portfolio manager of the Azzad Ethical Fund since 2013 He has over ten years experience in the investment management industry. Prior to joining Ziegler, he held positions at Checkfree Investment Services and Northern Trust. He holds a B.S. in Finance from DePaul University, as well as an MBA from the University of Chicago. Mr. Greiner also holds the Chartered Financial Analyst (CFA®) designation, and is a member of the CFA® Society of Chicago.

Ihab SalibIhab Salib, Portfolio Manager

Ihab Salib serves as Senior Vice President, Senior Portfolio Manager and Head of the International Fixed-Income Group at Federated where he manages a variety of global portfolios spanning all sectors of international markets. He joined Federated’s fixed-income team in 1999 and brings more than 20 years of investment experience to the Azzad Wise Capital Fund. At Federated, he was named portfolio manager in 2002 and head of the international fixed-income group at the beginning of 2007. Prior to joining Federated, he served as a senior global analyst for fixed-income and foreign-exchange securities for UBS Asset Management where he co-managed multi-currency global bond funds for large institutional clients.

Jamal Elbarmil

Jamal Elbarmil – Vice President Azzad Asset Management & Portfolio Manager Azzad Mutual Funds

Jamal Elbarmil has served as the Vice President of Azzad Asset Management since 2000 and as portfolio manager for the Azzad Funds since 2008. He is responsible for the day to day management of the Azzad Funds’ portfolios aided by a team of equity analysts. He holds a Masters Degree in Information Systems from the American University in Washington DC.

Ahsan Raheem

Ahsan Raheem, CFA, FRM – Investment Risk Manager

Ahsan Raheem joined Azzad in June 2008 where he conducts extensive equity research, performs asset allocation, financial risk analysis and performance evaluations. Prior to joining Azzad, he worked as a senior consultant at Ernst & Young where he documented business plans, designed private placement memorandums, developed financial models and performed valuations. He holds a Master's degree in Finance from Johns Hopkins University and BSc honors in Economics from Lahore University of Management Sciences. He holds the Chartered Financial Analyst designation (CFA) and is a member of the Global Association of Risk Professionals (GARP).


Bashar Qasem

Bashar Qasem – CEO and Founder

Bashar Qasem is the founder and CEO of Azzad Asset Management, established in 1997. Mr. Qasem is one of the leaders and foremost experts on Islamic financing and socially responsible investing in the United States. Coverage of him and the Azzad Funds has appeared in the New York Times, Wall Street Journal, Washington Post, Reuters, Chicago Tribune, CBS News, Voice of America and many others. Mr. Qasem holds the designation of the Certified Shari’ah Auditor & Adviser (C.S.A.A.) from The Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) in Bahrain and holds investment advisery license series 65. Mr. Qasem has served as the Funds’ chairman since their inception, and his institutional knowledge of the Funds is an important part of Board discussions.

Manal Fouz

Manal Fouz – Chief Compliance Officer and Operations Manager

Manal Fouz serves as the Chief Compliance Officer. She has her Bachelor’s degree in Communications specialized in journalism from George Mason University, 1996. She has served as Operations Manager for Azzad since 2003 and Chief Compliance Officer since 2007. She has attended and completed numerous compliance training seminars and conferences hosted by the SEC, Investment Company Institute (ICI) and others. Ms. Fouz is a member of the NSCP (National Society of Compliance Professionals).


Azzad Asset Management is the investment adviser to the Azzad Funds. Azzad is an investment advisory firm established since 1997. The firm is committed to helping clients manage their money according to a disciplined, socially responsible investment philosophy based on faith-based values.

In addition to mutual funds, Azzad offers a wide variety of retirement plans, college savings, managed accounts for individuals and businesses and financial planning that includes charitable giving and estate planning. We are headquartered in the suburbs of Washington, DC.