Azzad’s updated proxy voting guidelines

Azzad engages in shareholder advocacy on behalf of our clients including proxy voting and filing resolutions and sending investor letters. Corporations have a role to play in some of the most significant challenges in the United States – from income inequality to climate change. In pursuing a fiduciary responsibility to shareholders, they can become detached from their duties as corporate citizens. We believe that is our duty to encourage these corporations to act more responsibly in those instances where they fall short. The proxy voting process is part of this effort. We view the right to vote proxies for our clients as a responsibility to help ensure that the conditions that allowed companies to thrive in the first place continue to do so–for the benefit of shareholders and stakeholders for generations to come. Last month, our board of directors voted to update our proxy voting guidelines. We’re proud to announce this enhancement to our clients and shareholders. Azzad’s commitment to socially responsible investing remains as strong as ever. We vote proxies related to securities held by any client in a manner solely in the interest of the client and consistent with our investment philosophy. Our proxy voting guidelines focus on

September 5, 2019 No Comments

Q&A: Shareholder activism and proxy voting

Today, corporations make most decisions of consequence in our society. As the owner or shareholder of a stock or shares of a mutual fund, you are part owner of a corporation. That means you have both rights and responsibilities. You have the right to sit with management, be an insider and work for change through constructive activism—in short, to enjoin the good and forbid wrongdoing. We sat down with CCO Manal Fouz to learn more about how Azzad Asset Management pushes for positive change at the corporate level. Can you give us a brief explanation of shareholder activism and how it works at Azzad? Shareholder advocacy is essential for any socially responsible investment firm. At Azzad, it is enshrined in how we do business. It is the fifth tenet of our Seven Tenets of Halal Investing. And it helps us further our company’s goal of making investing ethical. An important part of shareholder activism is voting on shareholder resolutions through proxy ballots. Resolutions are voted on during a company’s annual meeting and often deal with issues of importance to values-conscious investors such as labor or human rights. Shareholders do not need to be present to vote. Unmarked proxy ballots are

April 9, 2015 No Comments