The Hajdari Group Unveils Newly Pioneered Sharia-Compliant Investment Strategies Option: ‘InvestHalal’ Wealth Management for American Muslim Investors

NEW YORK, May 14, 2019 /PRNewswire/ — The Hajdari Group (https://www.thehajdarigroup.com/) recently announced the creation of its newest, faith-based financial planning platform: InvestHalal. Utilizing the latest research in Sharia-compliant asset management, The Hajdari Group now offers completely exclusive asset-investment packages and counseling specifically tailored for Muslim investors.

InvestHalal: What is Sharia-Compliant Investing?

Until now, western discourse related to Sharia matters has focused largely on extremism and interpretation of strict penal codes. But pure Sharia is simply adherence to the Qur’an and the religious teachings of Islam. These codes can and have been applied to financial decisions and institutions, allowing Muslims to explore fiscal freedom without compromising their faith.

Assurance of Sharia-compliance includes working with financial planners who guard against heavily indebted companies, riba investments (interest), gharar transactions (chance, or insurance contracts) as well as any companies declared haram (forbidden). In financial planning, this is generally understood to be avoidance of companies that derive more than 5 percent of their total income from alcohol, weapons, gambling, tobacco, pork or other Sharia-prohibited sales.

Muslim clients, many of whom have avoided investment opportunities due to their own religious concerns, seek peace-of-mind investing. And that is what InvestHalal offers. Utilizing a strict code-of-ethics and series of standards established by prestigious global authorities like the Fiqh Council of North America (FCNA), and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) — gold standards for Islamic financial advice — Hajdari Group investment planning ensures scriptural compliance through rigorous screening.

“Faith-based and socially responsible investing is very appealing for many investors. But access to faith-based investment strategies has generally been unavailable in the United States to Islamic investors. The Hajdari Group has finally remedied this oversight. We are proud to be a Muslim-owned, New York-based investment firm that has taken the time, effort and scholarship necessary to ensure Sharia-compliant investment opportunities for those who wish to pursue them,” said President of the Hajdari Group, Zaim Hajdari.

The Hajdari Group Advantage: Leveraged for InvestHalal

  • Specific, defined financial goals by in-depth reviewing of individual positions: Income, assets and liabilities, current portfolio, risk tolerance and investment time horizon are all examined as deciding factors.
  • Flexible account options that are crafted from traditional investment accounts to meet Sharia-compliance. Fee-based alternatives feature quarterly fees, in addition to low or no transaction costs.
  • Assistance with the heavy paperwork often associated with investing, along with accessing and evaluating up-to-the-minute market data, research reports and other relevant financial information.
  • Asset allocation and investment diversification options that can enhance client portfolios, along with discussing the time-frames and dollar amounts needed to meet retirement and other goals.
  • A wide variety of investment alternatives and services structured to individual needs: retirement, education, tax and estate planning, as well as other Sharia-compliant wealth allocation.
  • Working with other professional advisors like tax specialists and attorneys to help facilitate smooth financial coordination across the spectrum.
  • Consistent, reliable financial advisor availability enables clients to evaluate the performance of their investments on a regular basis, with assurance of Sharia-compliance and steady progress toward ultimate financial goals.

And finally, because clients must trust that their advisors will maintain discretion and professionalism at all times, The Hajdari Group has always considered client confidentiality to be among its highest priorities.

About The Hajdari Group

Based in New York City, the Hajdari Group is an independent, boutique wealth-management firm founded by Zaim Hajdari — an experienced former-JPMorgan Chase investment manager who oversaw $3 billion in client assets. The Hajdari Group provides financial planning and wealth-management services to middle and high-income individuals and families. Other services include 401(k) rollover advice, retirement planning, college planning and estate planning. Most recently, the Hajdari Group has expanded its services by creating InvestHalal, a Sharia-based investment platform exclusively for Muslim investors. Learn more at: www.TheHajdariGroup.com.

The Hajdari Group (“Hajdari Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Hajdari Group and its representatives are properly licensed or exempt from licensure.

Contact:

Zaim Hajdari
212-381-0050
zaim@thehajdarigroup.com

NEW YORK, April 11, 2013 /PRNewswire/ — Zaim Hajdari, a New York City-based wealth manager, has taken a look back at first-quarter market results and is announcing a reason to celebrate while sounding a note of caution.

“Performance like this is good for an entire year, let alone a quarter,” said Hajdari. The Dow Jones Industrial Average rose more than 11%, to close out March at 14,578.54. “And the good news is that even after this big run-up, I think equities are fairly valued—they’re not overpriced.” That being said, he warned against thinking this would continue, noting such a pace was not sustainable. In fact, he said there might very well be a selloff, as investors who did well decide to take some chips off the table. But that doesn’t mean everyone should.

Even though the second quarter may not be as good, Hajdari is telling his clients who aren’t planning to use their invested money for at least five years to stay in equities. “I’m still overweight equities,” he said, advising against an over-caution that might lead investors to putting too much into fixed income. Not only would they miss out on potential future equity gains, they’d be especially vulnerable to a rise in interest rates, he said.

The Dow wasn’t the only index rising. The S&P 500 did almost as well, rising more than 10% in the same quarter. Indeed, all 10 S&P sectors were up this quarter, which seems to prove the adage that a rising tide lifts all boats. Particularly strong were health care, up about 15%, and consumer staples, up about 13%. Small cap stocks overall also did well, with the NASDAQ, generally comprising smaller companies, rising 8.21%, and the Russell 2000 index of small cap companies up 12.03%.

The main index that’s down is the CBOE Volatility Index, which is often used as a proxy for market fear. It plunged about 30%, in a sign of investor optimism, that is, a belief that there will be no huge movements in either direction.

Equities are not the only sign of a robust economy: Housing may be turning a corner. Fannie Mae posted a record $7.6 billion in quarterly earnings. Nevertheless, employment remains stubborn: In March, the economy added only 88,000 jobs, the lowest monthly gain since last June. Although that’s not enough to put a damper on what was overall a very good start to the year, it does show there is room for improvement on the economy.

Overall, however, Hajdari says he’s cautiously optimistic.

About The Hajdari Group
The Hajdari Group (www.thehajdarigroup.com) is an independent firm in New York City. President and founder Zaim Hajdari is a Chartered Retirement Planning Counselor with 18 years experience. Our advisors provide financial planning and investment management services to high-net-worth individuals and families. Other services include 401(k) rollover advice, retirement planning, college planning and estate planning.

Hajdari is also the Branch Manager, RJFS “Securities offered through Raymond James Financial Services, Inc., member FINRA/ SIPC” and was formerly an investment manager with JPMorgan Chase where he oversaw over $3 billion in client assets.

The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Any opinions are those of [FA NAME] and not necessarily those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise. Be sure to contact a qualified professional regarding your particular situation before making any investment or withdrawal decision. The Dow Jones Industrial Average (DJIA), commonly known as “The Dow”, is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal. The S&P 500 is an unmanaged index of 500 widely held stocks that’s generally considered representative of the U.S. stock market.The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system. The Russell 2000 index is an unmanaged index of small cap securities which generally involve greater risks.

Investments related to a specific sector, where companies engage in business related to a particular industry, are subject to fierce competition, the possibility of products and services being to rapid obsolescence and limited diversification. The CBOE Volatility Index® (VIX®) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Since its introduction in 1993, VIX has been considered by many to be the world’s premier barometer of investor sentiment and market volatility. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Past performance does not guarantee future results.

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