Special Comment | Azzad Asset Management Halal Investment

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September 5, 2019
Impact investing , Shareholder advocacy , Special Comment
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Business is changing; responsible investors are part of the reason

Last month the Business Roundtable, which represents some of the largest companies in the United States, released a new statement of corporate purpose. The old one, which came out in 1997 and put shareholders above all other corporate stakeholders, was the product of a new outmoded way of thinking a...

October 10, 2018
Market Commentary , Market Volatility , Personal Finance , Special Comment
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Pop quiz: When did the Dow last drop as much as it did today?

Short answer: Who cares? You’re not selling today, so don’t fret. Longer answer: The last time was eight months ago, but let’s put things in context. The Dow dropped by more than 800 points today — an amount that definitely catches attention. But in the grand scheme of things, it’s just a ...

October 8, 2018
Banking Industry , Investing , Market Commentary , Market Volatility , Special Comment
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Is it time for a reckoning in stocks?

Is it time for stocks to sell off? In light of the 10th anniversary of the collapse of Lehman Brothers last month, we should remember that it’s a mistake to be complacent about what could happen in markets. Extreme economic and financial events are far more likely to occur than we like to believe....

Fatima Iqbal: Reflecting on 10 years with Azzad

Ten years ago, Fatima Iqbal joined Azzad as a financial advisor and the company’s first CERTIFIED FINANCIAL PLANNER™. She joined while the Global Financial Crisis was unfolding, just a few weeks before Lehman Brothers declared bankruptcy and a couple of months before President Bush signed into l...

September 8, 2018
Special Comment , Tax
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U.S. fiscal issues loom: How larger deficits can hurt the economy

According to the most recent Congressional Budget Office (CBO) projection, the federal budget deficit for fiscal year 2018 (which ends on September 30) will reach $793 billion, or 3.9% of gross domestic product (GDP). This figure is $230 billion more than the CBO had previously estimated in June 201...