Azzad Ethical Fund 

This ethical fund's primary goal is met by concentrating investments in the common equity of companies with medium market valuations. The Fund's Advisor identifies these businesses as either possessing strong intrinsic quality or demonstrating significant potential for future expansion. For the purposes of this particular ethical fund, a mid-capitalization company is generally defined as one whose market value, at the time of acquisition, falls within the range of companies tracked by the benchmark index over the preceding thirteen months. A fundamental commitment of the fund is to allocate a minimum of 80% of its total assets to securities that align with its specific ethical investment principles.