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Press Releases

Azzad commends Apple shareholders for transparency vote

Azzad commends Apple shareholders for transparency vote

Investor proposal called for enhanced reporting on App Store takedowns Falls Church, Virginia, March 17, 2022 — Azzad Asset  Management, a leading socially responsible investment firm, today praised Apple shareholders for their strong vote in favor of greater transparency at the tech company’s annual meeting this month. A shareholder resolution filed by Azzad–and supported by transparency advocate Open MIC–asked the company for more information about apps removed or censored at the request of foreign governments. It was presented at the company’s annual general meeting held on March 4. Apple reported 3,042,933,417 votes in favor of the resolution in a U.S.

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Azzad Asset Management announces 1st Islamic family trust in United States

Azzad Asset Management announces 1st Islamic family trust in United States

‘Waqf’ product created in collaboration with estate planning firm Shariawiz Falls Church, Virginia, Dec. 16, 2021 — Azzad Asset Management announced today the debut of a family trust product specifically designed for American Muslims. The Shariah-compliant family trust, a first in the United States, is also known by the Arabic term waqf and is designed to help families with the distribution of assets and the care of children at the time of a spouse’s death. Shariawiz, an online estate planning service, consulted with Azzad to develop a product that respects Islamic rules for inheritance and estate planning. The jointly developed trust

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Azzad Asset Management named to CNBC FA 100

Azzad Asset Management named to CNBC FA 100

FALLS CHURCH, Virginia (October 6, 2021) – Socially responsible registered investment adviser Azzad Asset Management announced today that it has been named to the CNBC FA 100, a ranked list of advisory firms that offer the most comprehensive planning and financial services to help clients navigate their financial lives. The firm said in a statement: “Being named to the CNBC FA 100 is an important recognition of Azzad’s philosophy and mission. We help our clients navigate the complex financial industry and optimize their financial plans through our faith-based, personalized approach. We are grateful to receive such a prestigious distinction and congratulate

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Azzad Portfolios Achieve ‘Top Guns’ Status from Informa Investment Solutions

Azzad Portfolios Achieve More ‘Top Guns’ Designations from Informa Investment Solutions

A record-breaking total of eight strategies excel across multiple categories and reporting periods Azzad Asset Management announced today that eight 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. This quarterly ranking is used widely by asset managers and investors.  Eight Azzad portfolios were among the top performers within one or more peer groups reporting to PSN, a record for the firm. This was also the first time that Azzad’s disruptive innovation portfolio, launched in conjunction with ARK Invest earlier this year, made the

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