Azzad Funds > AZZAD FUNDS
Azzad Wise Capital Fund
$250.11M
Avg Monthly Net Assets
$268.06M
Total Assets
$2.11M
Total Liabilities
$265.95M
Net Assets
Azzad Wise Capital Fund is a Mutual Fund in AZZAD FUNDS
from Azzad Funds,
based in Virginia,
United States of America.
The fund has one share class
and monthly net assets of $250.11M.
On August 19th, 2024 it reported 128 holdings, the largest
being Esic Sukuk Ltd. (3.1%), IDB Trust Services Ltd. (2.3%) and Aldar Sukuk Ltd. (2.2%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| N/A | C000065234 | WISEX |
Holdings
From latest NPORT-P, filed August 19th, 2024 for period ending June 30th, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| A.O. Smith Corp. | Long | Equity-common | US | $524K | 6K | 0.20 |
| Abbott Laboratories | Long | Equity-common | US | $357K | 3K | 0.13 |
| AbbVie, Inc. | Long | Equity-common | US | $339K | 2K | 0.13 |
| ADIB Sukuk II Co. Ltd, Sr. Unsecd. Note, 5.695%, 11/15/2028 (Abu Dhabi Islamic Bank PJSC) | Long | Debt | KY | $4M | – | 1.45 |
| Air Lease Corp. Sukuk Ltd., Sr. Unsecd. Note, Series 144A, 5.850%, 04/01/2028 | Long | Debt | BH | $1M | – | 0.56 |
| Air Products & Chemicals, Inc. | Long | Equity-common | US | $388K | 2K | 0.15 |
| AL Rajhi Sukuk, Ltd., Sr. Unsecd. Note, Series REGS, 4.750%, 04/05/2028 (AL Rajhi Sukuk Ltd.) | Long | Debt | SA | $2M | – | 0.74 |
| Albemarle Corp. | Long | Equity-common | US | $299K | 3K | 0.11 |
| Aldar Sukuk (No. 2) Ltd., Sr. Unsecd. Note, Series EMTN, 3.875%, 10/22/2029 (Aldar Sukuk Ltd.) | Long | Debt | KY | $1M | – | 0.53 |
| Aldar Sukuk Ltd., 4.750%, 09/29/2025 | Long | Debt | KY | $6M | – | 2.23 |
| Aldar Sukuk Ltd., Sr. Unsecd. Note, Series REGS, 4.875%, 05/24/2033 | Long | Debt | KY | $3M | – | 1.09 |
| Arab Banking Corp., NY Branch, 5.600%, 07/25/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.22 |
| Arab Banking Corp., NY Branch, 5.690%, 11/25/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.13 |
| Arab Banking Corp., NY Branch, 5.71%, 09/06/2024 | Long | Short-term investment vehicle | BH | $2M | – | 0.77 |
| Arab Banking Corp., NY Branch, 5.73%, 12/18/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.16 |
| Arab Banking Corp., NY Branch, 5.75%, 12/12/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.15 |
| AUB Sukuk, Ltd. Unsecd. Note, Series EMTN, 2.615%, 09/09/2026 (AUB Sukuk Ltd.) | Long | Debt | KY | $2M | – | 0.88 |
| Axiata Spv2 Bhd, 4.357%, 03/24/2026 (Axiata Spv2 Berhad) | Long | Debt | KY | $6M | – | 2.07 |
| Axiata Spv2 Bhd, Series REGS, 2.163%, 08/19/2030 (Axiata Spv2 Berhad) | Long | Debt | KY | $3M | – | 1.07 |
| Banque Saudi Fransi, Sr. Unsecd. Note, 4.75%, 05/31/2028 (BSF Sukuk Co. Ltd.) | Long | Debt | SA | $2M | – | 0.74 |
| Becton, Dickinson & Co. | Long | Equity-common | US | $337K | 1K | 0.13 |
| C.H. Robinson Worldwide, Inc. | Long | Equity-common | US | $325K | 4K | 0.12 |
| Cardinal Health, Inc. | Long | Equity-common | US | $154K | 2K | 0.06 |
| CBB International Sukuk Progr. Co., REGS, 6.250%, 11/14/2024 (CBB International Sukuk Programme Co. S.P.C.) | Long | Debt | BH | $1M | – | 0.56 |
| CBB International Sukuk Progr. SPC., REGS, 6.250%, 11/14/2024 (CBB International Sukuk Programme Co. S.P.C.) | Long | Debt | BH | $4M | – | 1.32 |
| CBB International Sukuk Progr. SPC., Series 144A, 3.950%, 09/16/2027 (CBB International Sukuk Programme Co. S.P.C.) | Long | Debt | BH | $1M | – | 0.53 |
| CBB International Sukuk Progr. WLL., Series 144A, 3.875%, 05/18/2029 (CBB International Sukuk Programme Co. S.P.C.) | Long | Debt | BH | $912K | – | 0.34 |
| CBB International Sukuk Progr. WLL., Sr. Unsecd., Series REGS, 3.875%, 05/18/2029 (Air Lease Corp. Sukuk Ltd.) | Long | Debt | BH | $909K | – | 0.34 |
| CBB International Sukuk Six, REGS, 5.250%, 03/20/2025 (CBB International Sukuk Programme Co. S.P.C.) | Long | Debt | BH | $2M | – | 0.75 |
| Chevron Corp. | Long | Equity-common | US | $139K | 890 | 0.05 |
| Church & Dwight Co., Inc. | Long | Equity-common | US | $435K | 4K | 0.16 |
| Cintas Corp. | Long | Equity-common | US | $486K | 694 | 0.18 |
| Colgate-Palmolive Co. | Long | Equity-common | US | $414K | 4K | 0.16 |
| DAE Sukuk DIFC Ltd., Series 144A, 3.750%, 02/15/2026 | Long | Debt | BH | $2M | – | 0.72 |
| DIB Sukuk, Ltd., Series EMTN, 5.243%, 03/04/2029 (DIB Sukuk Ltd.) | Long | Debt | KY | $3M | – | 1.12 |
| DIB Sukuk, Ltd., Sr. Unsecd. Note, 2.950%, 02/20/2025 (DIB Sukuk Ltd.) | Long | Debt | KY | $5M | – | 2.03 |
| DIFC Investments LLC, Note, Series REGS, 4.325% 11/12/2024 (DIFC Sukuk Ltd.) | Long | Debt | AE | $2M | – | 0.93 |
| Dover Corp. | Long | Equity-common | US | $467K | 3K | 0.18 |
| Ecolab, Inc. | Long | Equity-common | US | $485K | 2K | 0.18 |
| EDO Sukuk, Ltd., Sr. Unsecd. Note, Series 144A, 5.875%, 09/21/2033 (EDO Sukuk Ltd. Medium Term Notes) | Long | Debt | BH | $3M | – | 1.07 |
| Egypt Taskeek Co., Sr. Unsecd. Series REGS, 10.875%, 02/28/2026 | Long | Debt | EG | $3M | – | 0.97 |
| Emaar Sukuk Ltd., Sr. Unsecd. Note, Series EMTN, 3.700%, 07/06/2031 | Long | Debt | KY | $2M | – | 0.85 |
| Emerson Electric Co. | Long | Equity-common | US | $477K | 4K | 0.18 |
| Esic Sukuk Ltd., 3.939%, 07/30/2024 | Long | Debt | AE | $8M | – | 3.08 |
| Essex Property Trust, Inc. | Long | Equity-common | US | $379K | 1K | 0.14 |
| Expeditors International of Washington, Inc. | Long | Equity-common | US | $449K | 4K | 0.17 |
| Exxon Mobil Corp. | Long | Equity-common | US | $149K | 1K | 0.06 |
| FAB Sukuk Co. Ltd., Unsecd. Note, 1.411%, 1/14/2026 | Long | Debt | KY | $3M | – | 1.06 |
| FAB Sukuk, Ltd. Sr. Unsecd. Note, Series 144A, 2.591%, 03/02/2027 (FAB Sukuk Co. Ltd.) | Long | Debt | KY | $3M | – | 1.06 |
| Fastenal Co. | Long | Equity-common | US | $328K | 5K | 0.12 |
| Genuine Parts Co. | Long | Equity-common | US | $452K | 3K | 0.17 |
| Government of Egypt, 7.887%, 08/27/2024 DD10 | Long | Loan | EG | $25K | – | 0.01 |
| Government of Egypt, 9.048253%, 06/10/2025 DD1 | Long | Loan | EG | $3M | – | 1.21 |
| Government of Egypt, 9.048253%, 06/26/2025 DD2 | Long | Loan | EG | $1M | – | 0.54 |
| Gulf International Bank, 4.75%, 3/17/2025 | Long | Short-term investment vehicle | BH | $3M | – | 1.15 |
| Gulf International Bank, 4.85%, 12/13/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.16 |
| Gulf International Bank, 4.85%, 12/13/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.16 |
| Gulf International Bank, 4.95%, 7/29/2024 | Long | Short-term investment vehicle | BH | $3M | – | 1.15 |
| Hazine Mustesarligi Varli, Sr. Unsecd. Note, Series REGS, 5.125%, 06/22/2026 (Hazine Mustesarligi Varlik Kiralama Anonim Sirketi) | Long | Debt | TR | $4M | – | 1.43 |
| Hazine Mustesarligi Varli, Sr. Unsecd. Note, Series REGS, 9.758%, 11/13/2025 (Hazine Mustesarligi Varlik Kiralama Anonim Sirketi) | Long | Debt | TR | $2M | – | 0.59 |
| Hazine Mustesarligi, Series 144A, 5.125%, 06/22/2026 (Hazine Mustesarligi Varlik Kiralama Anonim Sirketi) | Long | Debt | TR | $974K | – | 0.37 |
| ICD Sukuk Co. Ltd., 5.000%, 02/01/2027 | Long | Debt | KY | $2M | – | 0.75 |
| IDB Trust Services, Ltd. REGS, 1.957%, 10/02/2024 (IDB Trust Services Ltd.) | Long | Debt | JE | $6M | – | 2.26 |
| IDB Trust Services, Ltd. Sr. Unsecd. Note, 1.809%, 02/26/2025 (IDB Trust Services Ltd.) | Long | Debt | JE | $684K | – | 0.26 |
| IDB Trust Services, Ltd., Sr. Unsecd. Note, 0.908%, 06/25/2025 (IDB Trust Services Ltd.) | Long | Debt | JE | $2M | – | 0.72 |
| Illinois Tool Works, Inc. (Illinois Tool Works Inc.) | Long | Equity-common | US | $420K | 2K | 0.16 |
| Intl Business Machines Corp. (International Business Machines Corp.) | Long | Equity-common | US | $149K | 863 | 0.06 |
| Johnson & Johnson | Long | Equity-common | US | $339K | 2K | 0.13 |
| Kenvue, Inc. | Long | Equity-common | US | $393K | 22K | 0.15 |
| KIB Sukuk Ltd., Sub, 2.375%, 11/30/2030 | Long | Debt | KY | $3M | – | 1.23 |
| Kimberly-Clark Corp. | Long | Equity-common | US | $382K | 3K | 0.14 |
| Linde AG plc (Linde Public Ltd. Co.) | Long | Equity-common | IE | $532K | 1K | 0.20 |
| Lowes Cos., Inc. | Long | Equity-common | US | $482K | 2K | 0.18 |
| MAF Sukuk Ltd., Sr. Unsecd. Note, 4.500%, 11/03/2025 | Long | Debt | KY | $5M | – | 1.86 |
| MayBank Islamic Bank (Malaysia), 5.270%, 09/06/2024 | Long | Short-term investment vehicle | MY | $2M | – | 0.77 |
| MayBank Islamic Bank (Malaysia), 5.300%, 07/15/2024 | Long | Short-term investment vehicle | MY | $3M | – | 1.13 |
| MayBank Islamic Bank (Malaysia), 5.300%, 07/29/2024 | Long | Short-term investment vehicle | MY | $2M | – | 0.79 |
| MayBank Islamic Bank (Malaysia), 5.420%, 09/18/2024 | Long | Short-term investment vehicle | MY | $4M | – | 1.54 |
| MayBank Islamic Bank (Malaysia), 5.720%, 08/06/2024 | Long | Short-term investment vehicle | MY | $2M | – | 0.80 |
| McCormick & Co. Inc./MDX | Long | Equity-common | US | $290K | 4K | 0.11 |
| Medtronic plc | Long | Equity-common | IE | $329K | 4K | 0.12 |
| Nogaholding Sukuk, Sr. Unsecd Note, Series REGS, 5.25%, 04/08/2029, (Nogaholding Sukuk Ltd.) | Long | Debt | BH | $2M | – | 0.91 |
| Nordson Corp. | Long | Equity-common | US | $260K | 1K | 0.10 |
| Nucor Corp. | Long | Equity-common | US | $356K | 2K | 0.13 |
| Oman, Government, Series 144A, 5.932%, 10/31/2025 (OMAN Sovereign Sukuk) | Long | Debt | OM | $3M | – | 0.95 |
| Oman, Government, Sr. Unsecd. Note, Series REGS, 4.875%, 06/15/2030 (OMAN Sovereign Sukuk) | Long | Debt | OM | $2M | – | 0.91 |
| Pentair plc | Long | Equity-common | IE | $511K | 7K | 0.19 |
| PepsiCo, Inc. | Long | Equity-common | US | $380K | 2K | 0.14 |
| Perusahaan Pener Indois Sukuk, Series 144A, 2.300%, 06/23/2025 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $2M | – | 0.91 |
| Perusahaan Pener Indois Sukuk, Series REGS, 2.300%, 06/23/2026 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $4M | – | 1.38 |
| Perusahaan Penerbit SBSN Indois Sukuk, Series 144A, 3.900%, 08/20/2024 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $4M | – | 1.42 |
| Perusahaan Penerbit SBSN Indois Sukuk, Series 144A, 4.150%, 03/29/2027 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $5M | – | 1.83 |
| Perusahaan Penerbit SBSN Indois Sukuk, Series 144A, 4.150%, 03/29/2027 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $2M | – | 0.62 |
| Perusahaan Penerbit SBSN Indois Sukuk, Series REGS, 3.900%, 08/20/2024 (Perusahaan Penerbit SBSN Indonesia III Trust) | Long | Debt | ID | $3M | – | 1.31 |
| PPG Industries, Inc. | Long | Equity-common | US | $314K | 2K | 0.12 |
| Qatar National Bank, 5.80%, 09/18/2024 | Long | Short-term investment vehicle | QA | $3M | – | 0.97 |
| Qatar National Bank, 5.81%, 11/22/2024 | Long | Short-term investment vehicle | QA | $3M | – | 1.13 |
| Qatar National Bank, 5.81%, 12/23/2024 | Long | Short-term investment vehicle | QA | $3M | – | 1.13 |
| Qatar National Bank, 5.84%, 5/7/2025 | Long | Short-term investment vehicle | QA | $3M | – | 1.13 |
| Qatar National Bank, 5.890%, 09/13/2024 | Long | Short-term investment vehicle | QA | $4M | – | 1.50 |
| QIB Sukuk, Ltd., Unsecd. Note, 5.581%, 11/22/2028 (QIB Sukuk Ltd.) | Long | Debt | KY | $4M | – | 1.51 |
| Ras al-Khaimah, 3.094%, 03/31/2025 (RAK Capital) | Long | Debt | KY | $2M | – | 0.92 |
| Riyad Sukuk Ltd., Sub Note, 3.174%, 02/25/2030 (Riyad Bank) | Long | Debt | SA | $588K | – | 0.22 |
| Roper Technologies, Inc. | Long | Equity-common | US | $503K | 892 | 0.19 |
| S&P Global, Inc. | Long | Equity-common | US | $322K | 723 | 0.12 |
| SA Global Sukuk, Ltd., Sr. Unsecd. Note, Series 144A, 2.694%, 06/17/2031 (SA Global Sukuk Ltd.) | Long | Debt | BH | $686K | – | 0.26 |
| SA Global Sukuk, Ltd., Sr. Unsecd. Note, Series REGS, 1.602%, 06/17/2026 (SA Global Sukuk Ltd.) | Long | Debt | KY | $3M | – | 1.05 |
| Saudi Electricity Global, Sr. Unsecd. Note REGS, 1.740%, 09/17/2025 (Saudi Electricity Global Sukuk Co.) | Long | Debt | KY | $4M | – | 1.35 |
| Saudi Electricity Global, Sr. Unsecd. Note REGS, 2.413%, 09/17/2030 (Saudi Electricity Global Sukuk Co.) | Long | Debt | KY | $2M | – | 0.81 |
| Saudi Electricity Sukuk P. Sr. Unsecd. Note, 4.942%, 02/13/2029 (Saudi Electricity Global Sukuk Co.) | Long | Debt | KY | $3M | – | 1.12 |
| Saudi Telecom Co., Series 144A, 3.890%, 05/13/2029 (STC Sukuk Co. Ltd.) | Long | Debt | KY | $2M | – | 0.82 |
| Sharjah Sukuk Ltd., 3.764%, 09/17/2024 (Sharjah Sukuk Programme Ltd.) | Long | Debt | KY | $3M | – | 1.05 |
| Sharjah Sukuk Ltd., 3.854%, 04/03/2026 (Sharjah Sukuk Programme Ltd.) | Long | Debt | KY | $4M | – | 1.45 |
| Sharjah Sukuk Program, Sr. Unsecd, Note, 3.234%, 10/23/2029 (Sharjah Sukuk Programme Ltd.) | Long | Debt | KY | $1M | – | 0.50 |
| Snb Sukuk Ltd. Sr. Unsecd. Note, 5.129%, 02/27/2029 (Snb Sukuk Co. Ltd.) | Long | Debt | KY | $3M | – | 1.12 |
| Suci Secone Investment Co, Sr. Unsecd. Note, 6%, 10/25/2028 (Suci Second Investment Co.) | Long | Debt | KY | $3M | – | 1.16 |
| Sysco Corp. | Long | Equity-common | US | $384K | 5K | 0.14 |
| Target Corp. | Long | Equity-common | US | $344K | 2K | 0.13 |
| The Clorox Co. | Long | Equity-common | US | $328K | 2K | 0.12 |
| The Coca-Cola Co. | Long | Equity-common | US | $393K | 6K | 0.15 |
| The Procter Gamble Co. (The Procter & Gamble Co.) | Long | Equity-common | US | $365K | 2K | 0.14 |
| The Sherwin-Williams Co. | Long | Equity-common | US | $468K | 2K | 0.18 |
| TNB Global Ventures Cap., Sr. Unsecd. Note, Series EMTN, 3.244%, 10/19/2026 (TNB Global Ventures Capital Berhad) | Long | Debt | MY | $6M | – | 2.15 |
| Turk Eximbank, 8.728%, (12-months SOFR +3.350%) 09/17/2024 | Long | Loan | TR | $2M | – | 0.75 |
| W.W. Grainger, Inc. (W. W. Grainger, Inc.) | Long | Equity-common | US | $497K | 551 | 0.19 |
| Wakala Global Sukuk BHD, REGS, 3.043%, 04/22/2025 (Malaysia Sovereign Sukuk Berhad) | Long | Debt | MY | $3M | – | 1.29 |
| Wakala Global Sukuk BHD, REGS, 3.179%, 04/27/2026 (Malaysia Sukuk Global Berhad) | Long | Debt | MY | $3M | – | 1.09 |
| West Pharmaceutical Services, Inc. | Long | Equity-common | US | $372K | 1K | 0.14 |
Address
AZZAD FUNDS
3141 Fairview Park Drive, Suite 355
Falls Church
Virginia
22042
United States of America
Websites
Directors
Bashar Qasem
Syed K. Raheemullah
Umbereen R. Ahmed
Damani Ingram, Esq.
Transfer Agents
Mutual Shareholder Services, LLC
Pricing Services
FIS MARKETMAP ANALYTIC PLATFORM
Custodians
Huntington National Bank
Shareholder Servicing Agents
Mutual Shareholder Services, LLC
Admins
Azzad Asset Management, Inc.
Brokers
CHARLES SCHWAB & CO., INC.