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Halal fixed income investing in a ‘higher-for-longer’ market
Recent Federal Reserve statements have hinted to investors that interest rates might not be coming down as quickly as we once thought. Persistent inflation means an interest rate policy that’s higher and lasting for a longer period than most would like. By holding steady, rates on fixed income all along the yield curve are expected to rise. How can investors take advantage of a market like this? Short answer: the Azzad Wise Capital Fund. It’s a mutual fund that deals primarily in high-quality, dollar-denominated issues. One of the main goals of the Azzad Wise Capital Fund is capital preservation, so
Azzad offers condolences on the death of renowned scholar Dr. Mohamad Adam El-Sheikh
Azzad Asset Management, a leading Islamic wealth management and financial planning firm, today offered condolences to the family and loved ones of Muslim scholar and former Shariah Advisory Board Member Dr. Mohamad Adam El-Sheikh, who passed away on April 14th. Dr. El-Sheikh was a prolific writer and lecturer, sharing his insights on legal issues facing Muslims in the West. His scholarship was marked by a profound understanding of Islamic jurisprudence, or fiqh, and a commitment to contextualizing legal rulings within the realities of today’s society. Born in Sudan, Dr. El-Sheikh’s pursuit of mastery in the disciplines of fiqh and theology
Small Business Owners: What you need to know about CTA
As a small business owner, you may be impacted by a new law called the Corporate Transparency Act (CTA). Under CTA, you are required to file a beneficial ownership information report. Understanding CTA, what beneficial ownership information is, and how your business will be impacted will help you be compliant and avoid steep penalties (up to $10,000 and 2 years in prison). What is the Corporate Transparency Act? Congress passed CTA to combat money laundering and other illegal activities. It is meant to prevent “bad actors” from hiding their identities by using shell companies. The CTA requires certain businesses to
4 Facts About Capital Gains
When you sell a capital asset, such as an investment or a piece of property, the sale can result in a capital gain or loss. The IRS defines a capital asset as “most property you own for personal use or own as an investment.” Here are four facts you should keep in mind: *This information is not intended to be a substitute for specific, individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.