Azzad Asset Management specializes in socially responsible Islamic investing, building portfolios that align with ethical core values by avoiding companies involved in industries like alcohol, tobacco, gambling, and conventional banking, while also screening for excessive debt. Azzad Asset Management offers its services primarily through an ethical wrap program that bundles investment management, brokerage, custody, and financial planning for a single fee based on the value of your portfolio. Your assets are allocated across models managed by internal teams or independent managers, ranging from conservative to aggressive growth. Azzad Asset Management serves individuals, high-net-worth clients, retirement plans, and institutions, requiring a minimum investment of $500,000 for its wrap program, though lower minimums apply to its proprietary mutual funds.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $2.0M | 1.50% |
| $2.0M - $4.0M | 1.40% |
| $4.0M - $10.0M | 1.30% |
| $10M+ | 1.20% |
Fees are negotiable based on unique circumstances or household assets. Wrap fees are waived on assets invested in affiliated Azzad Funds.
