Azzad Asset Management

The Azzad Ethical Fund (ADJEX) is the only halal-screened mid-cap mutual fund in the United States. While most halal ETFs and mutual funds focus on large-cap stocks, ADJEX specifically targets US mid-cap companies — those with market capitalizations between $2B and $10B — that pass Amanie Advisors' Sharia screening. For Muslim investors seeking mid-cap exposure in their halal portfolio, ADJEX is currently the only dedicated option available.

The Azzad Wise Capital Fund (WISEX) was the first halal fixed income fund in the United States when it launched. It invests in short-term, higher-quality sukuk (Islamic bonds), Islamic bank deposits, and trade finance securities — all structured to avoid interest. It provides income and capital preservation for investors seeking to reduce portfolio risk without using conventional interest-bearing bonds. Certified by Amanie Advisors.

Yes. Azzad offers comprehensive Islamic financial planning including halal retirement planning (IRA, 401k rollovers), Zakat calculation, halal estate planning, and guidance for mosques and Muslim nonprofit organizations seeking to manage institutional assets. This integrated planning approach distinguishes Azzad from pure investment platforms like Wahed Invest.

Yes. Azzad serves clients across the United States. Its headquarters is in Falls Church, Virginia — in the DC metro area with one of the largest Muslim communities in the US — but it serves clients in all 50 states remotely. Separately managed accounts are available for individuals with $250,000 or more to invest.

Azzad Asset Management received the 2025 Lipper Fund Award, recognizing strong risk-adjusted investment performance. Lipper Awards are considered one of the most prestigious recognition programs in the mutual fund industry. Azzad has also been consistently recognized as a Top Guns performer, demonstrating competitive investment returns relative to peers over multiple time periods.