Azzad Ethical Fund ADJEX Strategy

The investment seeks to provide shareholders with long-term total returns using means that are consistent with the Adviser's ethical principles. The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that the Adviser believes are high quality and/or exhibit above-average growth potential, which, for the purposes of this fund, typically are companies with market capitalizations similar to those issuers included in the index over the last 13 months at the time of purchase. It will invest at least 80% of its assets in securities meeting the fund's ethical investment criteria.