Azzad Asset Management
Profit Rate
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States
All 50
Verified
Yes
Allied Asset Advisors — Iman Fund
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States
All 50
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Yes
Overall Score
Sharia Compliance
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Azzad Asset Management — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Allied Asset Advisors — Iman Fund — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Azzad Asset Management
Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed Independently rated 4.5/5 with particularly strong scores on Sharia compliance.
Allied Asset Advisors — Iman Fund
Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in Independently rated 4.4/5 with particularly strong scores on Sharia compliance.
* Ratings based on independent editorial review. We may receive a referral fee if you apply through our links — this does not affect our ratings.
Overall winner: Azzad Asset Management (4.5/5)
Azzad Asset Management is our top recommendation for Muslim investors seeking the only halal mid-cap fund in the US, investors needing a fixed income alternative (Azzad Wise Capital Fund), and families wanting integrated Islamic financial planning. Its 29-year track record, Amanie Advisors certification, and 2025 Lipper Fund Award make it one of the most credible halal asset managers in the country.
Azzad Asset Management
Azzad Asset Management is our top recommendation for Muslim investors seeking the only halal mid-cap fund in the US, investors needing a fixed income alternative (Azzad Wise Capital Fund), and families wanting integrated Islamic financial planning. Its 29-year track record, Amanie Advisors certification, and 2025 Lipper Fund Award make it one of the most credible halal asset managers in the country.
Full reviewAllied Asset Advisors — Iman Fund
Allied Asset Advisors and the Iman Fund are our recommendation for investors who value institutional Islamic credibility through the NAIT connection, mosques and Islamic institutions managing pooled assets, and long-term investors with a proven 25-year track record. The 10-year annualized return of ~12.9% is competitive. Strong choice for conservative long-term halal equity investing.
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Based on Fair Meridian's independent ratings, Azzad Asset Management scores higher overall with a 4.5/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.
Yes. Azzad Asset Management is licensed in all 50 US states.
Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.
Azzad Asset Management: Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed income fund in the US), plus comprehensive financial planning for Muslim families. Allied Asset Advisors — Iman Fund: Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in 2015 grew to $33,951 by September 2025. See the full rating breakdown and product comparison above.