The first income seeking mutual fund to provide income from investments that are interest-free and, we believe, are based on more equitable borrowing arrangements.
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The companies we include all meet our stringent screens for social responsibility - and, with a focus on mid-sized companies, the fund may be an excellent way to diversify your stock portfolio.
Investors seemed to take their emotional cue from a spate of mixed earnings results and economic data, waffling between enthusiasm and caution throughout the month. The Nasdaq finally recouped the losses it incurred during the technology crash 15 years ago, hitting a new record high during the third week of April.
It then gave up much of that ground to end the month less than 1% higher than where it started. The S&P 500 and Russell 2000 indexes also managed to hit new highs, only to retreat again, posting a modest gain of 0.85% and a loss of 2.61%, respectively. The benchmark 10-year Treasury yield rose past the 2% mark.
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Please consider a fund’s objectives, risks, charges and expenses carefully before you invest. The prospectus contains this and other important information. For a hard copy, please call 1-888-350-3369. Please read the prospectus carefully before investing or sending money. Nothing on this website should be considered a
solicitation to buy, an offer to sell, or a recommendation for any security in any jurisdiction where such offer, solicitation, or recommendation would be unlawful. The Azzad Funds are self distributed, Azzad Asset Management serves as the Investment Adviser.