Business Details
29 Years
experience
Trusted Shariah-Compliant Financial Planning & Investment Management
Azzad Asset Management is a faith-based registered investment advisor dedicated to helping clients grow and preserve wealth through halal investing and comprehensive financial planning. Established in 1997, we serve individuals, families, and institutions seeking to align their financial lives with Islamic principles. Our approach combines rigorous ethical screening with personalized strategies, including retirement planning, tax optimization, and charitable giving. We operate as fiduciaries, prioritizing client interests through transparent governance and a multi-manager investment philosophy.Our team leverages decades of experience to deliver Shariah-compliant solutions, including proprietary screening tools and purification calculations, ensuring investments reflect both financial goals and religious values. Recognized for innovation in halal fixed-income products, we remain committed to empowering communities through financial literacy and socially responsible practices.
Services
Halal Investing
Separately Managed Accounts
Financial Planning
Tax Planning
Retirement Planning
Zakah Calculations
Shareholder Advocacy
Details
- Year established: 1997
Highlights and features
- We operate as fiduciaries, legally obligated to prioritize client interests
- Our proprietary ISFA screening tool ensures strict Shariah compliance
- Multi-manager approach diversifies investment expertise and risk
- Specialized in halal fixed-income solutions since 2010
- Comprehensive zakah and purification calculation services since 1997
Associations and certifications
- Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
- Islamic Finance Advisory and Assurance Services
Services
Halal Investing
Our halal investment solutions apply rigorous Islamic finance screens to exclude prohibited industries and practices. We utilize proprietary technology to ensure compliance with AAOIFI standards, monitoring debt ratios, interest income, and business activities. Clients receive diversified portfolios across asset classes while maintaining alignment with Islamic principles.
Separately Managed Accounts
Tailored investment management with transparent holdings and individualized tax optimization. Our SMAs offer direct ownership of halal-screened securities across seven asset classes, including international equities and REITs. Each account benefits from active risk management and regular compliance verification by independent auditors.
Financial Planning
Comprehensive planning services integrate retirement, tax, and estate strategies with Islamic financial principles. We address unique client needs through multi-generational wealth transfer planning, charitable giving frameworks, and riba-free income solutions. Our process emphasizes education and long-term financial empowerment.
Zakah Calculations
Automated zakah calculations for investment and retirement accounts using proprietary software. We determine eligible assets after purification adjustments, providing distribution guidelines while maintaining client discretion over recipient selection. Calculations follow traditional lunar calendar timelines and Islamic jurisprudence.
Shareholder Advocacy
Active ownership program promoting corporate responsibility through proxy voting and shareholder resolutions. We advocate for human rights, environmental stewardship, and financial transparency in portfolio companies, aligning advocacy efforts with Islamic ethical principles and client values.
People
Ihab Salib
Portfolio Manager
CFA charterholder with 25+ years in Islamic finance, overseeing fixed income strategies at Azzad Asset Management. Expert in Shariah-compliant portfolio construction and co-manager of the Azzad Wise Capital Fund.
Jamal Elbarmil
Portfolio Manager
Shariah governance specialist managing equity allocations. Serves on Azzad's advisory board, ensuring investment strategies align with Islamic finance principles while maintaining competitive performance metrics.
Questions
What makes Azzad's investment approach Shariah-compliant?
We apply rigorous screens based on AAOIFI standards, excluding interest-based activities, prohibited industries, and excessive debt. Independent auditors verify compliance quarterly.
Do you offer retirement planning services?
Yes, we provide comprehensive retirement strategies integrating halal investment options, tax optimization, and Shariah-compliant income solutions for retirement accounts.
How are zakah calculations handled?
We use proprietary software to calculate zakah on eligible assets annually, considering purification adjustments and following traditional lunar calendar timelines.
What investment options are available?
We offer seven asset classes through separately managed accounts, two mutual funds (WISEX and ADJEX), and specialized halal fixed-income solutions.
How does shareholder advocacy work?
We engage companies through proxy voting and shareholder resolutions to promote ethical practices aligned with Islamic principles and client values.
Videos
Reviews (1)
H. Kwaik
Jan 31, 2020
Report
Professional, trust-worthy company with regular, transparent communication. Weve been using Azzad for both our personal and business purposes for years, and wouldnt look elsewhere.
