Azzad Asset Management
- Company typePrivate
- Founded1997
- HeadquartersFalls Church, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Azzad Asset Management firmographics
Firmographics- Name
- Azzad Asset Management
- Legal name
- Azzad Asset Management
- Website
- https://azzadasset.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Azzad Asset Management industry classification
Industry- Product category
- Islamic Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Investment Management Advisory (RIA) (FSAEAAAB)
- akta.pro secondary industries
- Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa) (FSABAGAJ), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Fee-Based Advisory (FSAEAAAM)
Keywords
Where Azzad Asset Management is headquartered
LocationHeadquarters
- HQ city
- Falls Church
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Azzad Asset Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Advisory Fees: Fees charged based on assets under management (AUM) for separately managed accounts and wrap fee program. The firm serves as investment adviser to two halal mutual funds and sponsors a wrap fee program composed of twelve equity models.
- Financial Planning Services: Holistic financial planning services including tax planning, retirement planning, estate planning, zakah planning, and charitable planning integrated with investment management.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Azzad Asset Management product offering
Product offeringCore offering
Azzad Asset Management is a registered investment adviser that builds, sells, and manages Shariah-compliant (halal) investment portfolios for individual American Muslim investors and high-net-worth families. Its core products include two mutual funds (Azzad Wise Capital Fund, Azzad Ethical Fund), nine separately managed equity account portfolios, a wrap-program offering, and complementary financial planning (retirement, tax, estate, Zakah, and charitable planning). Services are delivered against AAOIFI-aligned Islamic finance standards and GIPS performance-reporting standards.
Product overview
Azzad Asset Management is an investment advisory firm specializing in halal (Islamic-compliant) wealth management. The company offers a unified platform combining Shariah-compliant investment management with comprehensive financial planning services. The product architecture consists of: (1) Proprietary mutual funds including the Azzad Wise Capital Fund and Azzad Ethical Fund; (2) Separately Managed Accounts across 9 portfolio strategies (Small/Mid/Large Cap Value and Growth, International, Dividend, and REIT) available through the Azzad Ethical Wrap Program; and (3) Financial planning services including tax planning, retirement planning, zakah, charitable planning, and estate planning. All investment strategies are screened according to Islamic investing guidelines and are available to American Muslim families across the United States.
Differentiator
Problem solved
Functional benefit
Brands
- Azzad Wise Capital Fund: One of Azzad's proprietary halal mutual funds, screened according to Islamic investing guidelines.
- Azzad Ethical Fund
- Azzad Ethical Wrap Program
Products and services
- Azzad Wise Capital Fund Shariah-compliant U.S. equity mutual fund offered to individual investors and advisers seeking halal exposure to the U.S. market.
- Azzad Ethical Fund Shariah-compliant mutual fund offering halal ethical equity exposure for individual Muslim investors and advisory accounts.
- Separately Managed Accounts (Small Cap Value) Shariah-compliant U.S. small-cap value separately managed account portfolio for clients seeking halal exposure to the U.S. small-cap value segment.
- Separately Managed Accounts (Small Cap Growth) Shariah-compliant U.S. small-cap growth SMA portfolio targeting halal exposure to U.S. small-cap growth equities.
- Separately Managed Accounts (Mid Cap Value) Shariah-compliant U.S. mid-cap value SMA portfolio for clients seeking halal exposure to U.S. mid-cap value equities.
- Separately Managed Accounts (Mid Cap Growth) Shariah-compliant U.S. mid-cap growth SMA portfolio offering halal exposure to U.S. mid-cap growth equities.
- Separately Managed Accounts (Large Cap Value) Shariah-compliant U.S. large-cap value SMA portfolio designed for halal exposure to U.S. large-cap value equities.
- Separately Managed Accounts (Large Cap Growth) Shariah-compliant U.S. large-cap growth SMA portfolio targeting halal exposure to U.S. large-cap growth equities.
- Separately Managed Accounts (International) Shariah-compliant international equity SMA portfolio providing halal exposure to global developed and/or emerging markets ex-U.S.
- Separately Managed Accounts (Dividend) Shariah-compliant dividend-oriented SMA portfolio offering halal exposure to dividend-paying U.S. equities.
- Separately Managed Accounts (REIT) Shariah-compliant real estate investment trust (REIT) SMA portfolio providing halal exposure to U.S. real estate securities.
- Azzad Ethical Wrap Program Sponsor-led wrap program that bundles Shariah-compliant portfolio management, custody, and trade execution into a single wrapped fee for individual investors and advisers.
- Financial Planning Services Comprehensive financial planning services for individual clients covering retirement planning, tax planning, estate planning, Zakah/charitable planning, and ongoing advisory engagement.
Companies that use Azzad Asset Management
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles1 record
Azzad Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature3 records
Azzad Asset Management partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- Nottingham Shareholder ServicesminorTransfer agent services for Azzad Funds shareholders, providing shareholder record-keeping and administrative services.
- Goldman SachsminorCustodian and platform provider enabling clients to access Azzad services through Goldman Sachs brokerage platform.
- Charles SchwabminorCustodian and platform provider enabling clients to access Azzad services through Charles Schwab brokerage platform.
- FidelityminorCustodian and platform provider enabling clients to access Azzad services through Fidelity brokerage platform.
- Interfaith Center on Corporate Responsibility (ICCR)coreAzzad is a member of ICCR, a coalition of institutional investors engaging companies on ESG and human rights issues. ICCR coordinates shareholder advocacy and engagement strategies among member investors.
- Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)coreAzzad follows AAOIFI guidelines as the rule book for Islamic finance compliance, ensuring investments meet Shariah standards and earnings are properly purified.
- Renaissance Charitable FoundationminorCharitable giving partner providing donor-advised fund services integrated with Azzad's charitable planning offerings.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Azzad Asset Management competitors and assessment
Company assessmentMarket position
Strengths5 records
Competitive moat3 records
Customer concentration
Azzad Asset Management social profiles
Digital presenceAzzad Asset Management compliance and trust
Trust signalCompliance2 records
Azzad Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azzad Asset Management leadership team
Management profileNumber of profiles
Profiles1 record
Azzad Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azzad Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azzad Asset Management
What does Azzad Asset Management do?
Azzad Asset Management is a registered investment adviser that builds, sells, and manages Shariah-compliant (halal) investment portfolios for individual American Muslim investors and high-net-worth families. Its core products include two mutual funds (Azzad Wise Capital Fund, Azzad Ethical Fund), nine separately managed equity account portfolios, a wrap-program offering, and complementary financial planning (retirement, tax, estate, Zakah, and charitable planning). Services are delivered against AAOIFI-aligned Islamic finance standards and GIPS performance-reporting standards.
Is Azzad Asset Management a public or private company?
Azzad Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Azzad Asset Management founded?
Azzad Asset Management was founded in 1997. It employs 11 to 50 people.
Where is Azzad Asset Management based?
Azzad Asset Management is headquartered in Falls Church, United States, in the North America region.
How does Azzad Asset Management make money?
Two revenue lines are on record. Investment Advisory Fees are the primary driver. The others are financial Planning Services.
Does Azzad Asset Management have an API?
No public API is recorded for Azzad Asset Management.
What industry is Azzad Asset Management in?
Azzad Asset Management's product category is Islamic Wealth Management. Its primary akta.pro industry code is FSAEAAAB, Investment Management Advisory (RIA), with a secondary code of FSABAGAJ, Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa). Its NAICS code is 523940 and its SIC code is 6282.