Press Releases
Azzad Wise Capital Fund wins 2024 Lipper Fund Award
FALLS CHURCH, Va., March 14, 2024 — The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first halal fixed-income mutual fund, has won a Lipper Fund Award in the 3-Year and 5-Year International Income categories for the period ending 12/31/23. The LSEG Lipper Fund Awards are based on return calculation periods over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or 10 years. This is the Azzad Wise Capital Fund’s third Lipper Fund Award overall and the second year in a row
Azzad Portfolios Achieve ‘Top Guns’ Designation from Informa Investment Solutions
FOR IMMEDIATE RELEASE Azzad Portfolios Achieve ‘Top Guns’ Designation from Informa Investment Solutions Four strategies excel across multiple categories and reporting periods Falls Church, Va., 2/28/24– Azzad Asset Management announced today that four of its investment strategies have been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in ascending classes from 1-6 stars, indicating time period. Achieving “Top Guns” status means that the Azzad portfolios were among
Thermo Fisher Scientific commits to end sales of DNA test kits for use by Chinese police in occupied Tibet
Announcement comes after investors join Tibet activists in expressing concern about Thermo Fisher human ID products being used in human rights violations committed by Chinese authorities Tibet rights campaigners are pleased to learn that Boston-based biotech giant Thermo Fisher Scientific has committed to ensuring its DNA kits (human Identification – “HID” – products) will not be sold in occupied Tibet, as of 31 December 2023. For the past year, activists have been challenging the company for selling its DNA testing and analysis devices to the government of China, which is subjecting people in Tibet – including young children – to
Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions
FOR IMMEDIATE RELEASE Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions Three strategies excel across multiple categories and reporting periods Falls Church, Va., 11/30/23 – Azzad Asset Management announced today that three of its investment strategies have again been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in ascending classes from 1-6 stars, indicating