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Daily Price (NAV)

As of 5/17/2013 Ticker Price Change
Azzad Ethical Fund ADJEX $ 12.72 $ 0.12
Azzad Wise Capital Fund WISEX $ 10.43 $ 0.01
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WISEX FactSheet

Quarterly Performance

As of 03/31/2013 TOTAL RETURNS AVERAGE ANNUALIZED RETURNS
  Quarter* YTD* 1 Year 3 Year 5 Year 10 Year Since Inception*
Azzad Ethical Fund 9.57% 9.57% 3.85% 12.10% 8.11% 8.67% 4.19%
Russell MidCap Growth Index 11.52% 11.52% 12.77% 14.24% 7.99% 11.53% 4.59%

* Returns are not annualized.

As of 3/31/2013 TOTAL RETURNS AVERAGE ANNUALIZED RETURNS
  Quarter* YTD* 1 Year Since Inception
Azzad Wise Capital Fund 1.25% 1.25% 5.50% 2.54%
BofAML US Corp&Govt 1-3 Yr Index 0.21% 0.21% 1.25% 1.71%

*Returns are not annualized. One year and since inception returns are annualized for the period ending December 31, 2012.


*Azzad Ethical Fund: Inception date 12/22/2000                Expense Ratio: Gross 1.45%; Net 0.99%

**Azzad Wise Capital Fund: Inception date 4/1/2010        Expense Ratio: Gross 1.72%; Net 1.58%

The performance data quoted represents past performance, which is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment in the Fund will fl uctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. To obtain recent month end performance, call 888- 350-3369.

Azzad Asset Management (the “Adviser”) has contractually agreed to limit the total operating expenses of the Azzad Ethical Fund to 0.99% through 6/30/2014 and Azzad Wise Capital Fund to 1.49% through 11/30/2013, excluding indirect expenses. In the absence of an expense cap agreement, the performance figures quoted above would be lower. See the prospectus for more information.