Socially Responsible Mutual Fund Charts: Fund Profiles

Fund Profiles: A full summary of each individual fund, including methodology, detailed screening information, general company description, proxy voting access, and financial cost to begin investment.

Financial Performance Screening & Advocacy Proxy Voting Account Minimums Fund Profiles
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Azzad Ethical Mid Cap Fund


Jump to: General Fund Information | Fund Company Information | Account Minimums | Methodology | Proxy Voting Information | Specific Screening Information by Category

General Fund Information - [Top]
Ticker: ADJEX

General Fund Category: Equity Mid-Small Cap
 
Specific Sizes or Types of Investments: Equity stocks
 
Financial Objective: Growth
 
Specific ESG Focus: We believe in ethical investing based on the concept "Human Consciousness" which refers to basic principles that we believe to be universal. For example, we avoid anything which hurts one's health, like tobacco or alcoholic beverages, unethical entertainment, like gambling or pornography, and weapons of mass destruction. Human consciousness also extends to the area of debt. Overwhelming debt is a kind of servitude. Usury was banned in ancient times because it took advantage of those most vulnerable: the poor.

To invest, call: 888-862-9923

Fund Company Information - [Top]
Azzad Asset Management

Azzad has been managing socially responsible portfolios since 1997. We sponsor a wrap program for retail clients who demand a comprehensive investment solution using asset allocation, rebalancing, socially responsible screening and a unique broker platform. Azzad also manages and is the investment advisor to the Azzad Funds. For institutional clients, Azzad manages international and real estate model portfolios.

3141 Fairview Park Dr., Ste. 460
Falls Church, Virginia 22042
United States
Phone: (703)207-7005 x101
Fax: (703)852-7478
info@azzad.net
http://www.azzad.net

Account Minimums - [Top]
Minimum Account:  $1,000
Minimum IRA:  $500

Methodology - [Top]

Primary Qualification: For this fund, we apply social screening first, then apply financial criteria.

Screening Venue: In-house

Screening Party: Azzad Asset Management

Screening Database Used: Proprietary software called ISFA

Screening Process: Using our unique proprietary software, we identify companies with material involvement in the following: Qualitative Filters: Companies with significant involvement in these areas are excluded from our portfolios. *Tobacco *Alcohol *Meat products *Conventional financial institutions *Gambling *Pornography *Weapons of mass destruction Quantitative Filters: *Debt to Asset and Debt to Market Cap (12 month trailing average) should be less than 33.33% *Interest Income to Sales Ratio should be less than or equal to 5% *Accounts Receivables to Asset Ratio should be less than or equal to 45% Our ethical investment philosophy strives to identify companies that are financially responsible. That means that companies with high debt are excluded. These are companies we believe may be in financial peril. Our ethical screening doesn't stop once a portfolio is created. We periodically rescreen our portfolios for compliance. If we find a company is no longer compliant, it will be sold.

Proxy Voting Information - [Top]


Proxy Voting guidelines or policies are available in printed form by request. Call fund company. (703)207-7005 x101
Also available online at http://www.azzad.net/new/ethical_proxy.aspx.

Proxy Voting records are available in printed form by request. Call fund company. (703)207-7005 x101
Also available online at http://www.azzad.net/new/ethical_proxy.aspx.

Specific Screening Information by Category - [Top]

  • Products/Processes > Alcohol No investment (by fund policy).
  • Products/Processes > Animal Testing Investments NOT SCREENED for this concern
  • Community Relations Investments NOT SCREENED for this concern In the process of developing positive screens
  • Products/Processes > Defense/Weapons No investment (by fund policy).
  • Social > Diversity & EEO Investments NOT SCREENED for this concern In the process of developing positive screens
  • Environment > Environment/Other Investments NOT SCREENED for this concern In the process of developing positive screens
  • Gambling No investment (by fund policy).
  • Social > Human Rights Investments NOT SCREENED for this concern In the process of developing positive screens
  • Social > Labor Relations Investments NOT SCREENED for this concern In the process of developing positive screens
  • Other No investment (by fund policy). No investment in meat products.
  • Other No investment (by fund policy). No investment in conventional financial institutions.
  • Pornography No investment (by fund policy).
  • Products/Services Investments NOT SCREENED for this concern In the process of developing positive screens
  • Products/Processes > Tobacco No investment (by fund policy).

The Azzad Funds are available through prospectus only. Please contact us for a free copy.

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