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Azzad Ethical Fund (ADJEX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide shareholders with long-term total returns using means that are consistent with the Adviser's ethical principles. Under normal market conditions- the fund will invest in securities of mid-capitalization companies included in the Russell Midcap- Growth Index at the time of purchase. It will invest at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in securities meeting the fund's ethical investment criteria. The fund may also invest in real estate-related securities including real estate investment trusts ("REITS") when such securities are included in the index. It is non-diversified.


1 month+3.45% 3 years+5.81%
3 months+7.89% 5 years+11.73%
1 year+19.53% Since inception+5.71%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+11.73%+12.62%
Expense ratio1.17%1.22%
Risk 5 year sharpe ratio1.011.18
Net assets$75.3M$1.5B
Average market cap$12.2B$12.1B
Average P/E25.129.4
Portfolio turnover108%108%

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Fund Management and Purchase Info

Fund familyAzzad Fund
Fund manager & tenureChristian Greiner / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00


U.S. stock95.73%
International stock1.25%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 20.13%
Hardware 18.69%
Energy 13.29%
Consumer service 9.24%
Consumer goods 7.96%
Top 10 Holdings
Portfolio weighting
VRSN Verisign Inc2.00%
LRCX Lam Research Corp1.98%
ROK Rockwell Automation Inc1.93%
PKG Packaging Corp of America1.87%
CTXS Citrix Systems Inc1.82%
MCHP Microchip Technology Inc1.77%
WAT Waters Corp1.75%
IT Gartner Inc1.72%
JBHT J B Hunt Transport Services Inc1.67%
KLAC KLA-Tencor Corp1.60%