Azzad Recognized as 'Top Guns Manager' by Informa Investment Solutions

FALLS CHURCH, Va., Feb. 19, 2016 -- Azzad Asset Management today announced that it has again been recognized with one of the institutional asset management industry's highest honors. The firm's REIT (real estate investment trust) strategy was awarded "Top Guns" distinction from Informa Investment Solutions' PSN manager ranking database for the fourth quarter, 1-year, and 3-year periods ending December 31, 2015.

"The PSN Top Guns ranks products in six proprietary star categories in over 50 universes," said Leno Toich, managing director of Informa Investment Solutions. "This data-driven award recognizes elite performers on the leading investment manager database in North America and provides high-level exposure to hundreds of institutional clients and investors across our platform."

Achieving the "Top Guns" distinction means the Azzad REIT strategy is among the top 10 performers within one or more peer groups reporting to Informa, the longest running investment manager database in North America. Notably, the strategy ranked #1 out of 52 products and 41 firms in the Informa REIT universe for the quarter-end and 1-year periods.

The REIT strategy also finished in the top 10 for the U.S. equity category for the 4th quarter and 1-year periods ended December 31, 2015. PSN's U.S. equity universe comprises 3,131 products from 948 firms.

Azzad also earned similar recognition in the third quarter of 2015.

See: Azzad's Real Estate Strategy Ranked #1

A highly concentrated portfolio, Azzad's REIT portfolio generally holds fewer than 25 stocks and is managed by an internal investment team at Azzad. After screening the entire universe according to Azzad's ethical screens, the investment team employs quantitative criteria to assess a company's future earnings growth potential. The portfolio is constructed with a bias to large cap REITs and was launched in 2004.

Azzad manages eight investment portfolios and two mutual funds. All potential investments are screened in accordance with the firm's socially responsible investing (SRI) guidelines, which exclude companies whose business practices are deemed harmful to society or the environment.

PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers' performance on an objective basis. Products in the 1-Star Category were top ten performers within their respective universes, based on quarterly returns; products in the 2-Star Category were top ten performers within their respective universes, based on returns for the one-year period; and products in the 3-Star Category were top ten performers within their respective universes, based on returns for the three-year period.

Past performance does not guarantee future results. All investments carry risks, including possible loss of principal.

ABOUT AZZAD

Azzad Asset Management, investment advisor to the Azzad Funds, is committed to providing investment services designed to help people enjoy optimum performance without compromising their values. Azzad believes that companies operating in ethical lines of business offer relatively less business risk and are in a better position to thrive in the long-term. The firm's proprietary screening process allows the manager to prudently manage client assets in a manner consistent with their values.

Azzad is a member of the Forum for Sustainable and Responsible Investment, the Interfaith Center on Corporate Responsibility, and the Accounting and Auditing Organization for Islamic Financial Institutions. Based outside Washington, D.C., the firm is a registered investment advisor with the U.S. Securities and Exchange Commission.

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Contact: Azzad Investment Communications Director Joshua Brockwell, 703-207-7005, ext. 109, [email protected]; Amina Rubin, 703-207-7005, ext. 120, [email protected]

CONTACT: Azzad Investment Communications Director Joshua Brockwell, 703-207-7005, ext. 109, [email protected]; Amina Rubin, 703-207-7005, ext. 120, [email protected]