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 – January 2017

Investors were cautious for much of the month, likely waiting to see what President Trump would do during his first few weeks in office. After a slow close to December, equities picked up the pace during the early part of January as each of the major indices closed the first full week of the month posting gains of nearly 1.0% or more. The market moved very little for much of the month until January 25, when stocks surged. The Dow reached the 20,000-point level for the first time, while both the S&P 500 and Nasdaq reached all-time highs. The stock market rally proved to be short-lived, however, as investors pulled back from stocks and moved to gold and long-term bonds. Nevertheless, each major index posted month-over-month gains, led by the Nasdaq, which closed the first month of 2017 over 4.0% ahead of its 2016 year-end value.

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Featured video: 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.