NEW YORKNov. 13, 2019 /PRNewswire/ — Imam Edin Gjoni and the Albanian-American Cultural Center of Queens (http://www.aaic-of-queens.com/) recently announced that it had named Zaim Hajdari to its advisory board. A devout Muslim, Zaim Hajdari is the founder and President of The Hajdari Group, a boutique wealth-management firm that is acclaimed for innovating one of the only Sharia-compliant financial programs in the United States. Hajdari’s unwavering support and commitment to uplifting his community were cited as key factors in naming him to the post.

“I am deeply moved and honored to be included on this board,” said Hajdari. “As the child of Albanian immigrants, it is extremely gratifying and humbling to be asked to help lead the next generation of Albanian-Americans into the future. I have profound respect for all of our local Muslim leadership, especially those who work so hard to ensure our mosque is a place of sanctity and refuge for those who seek it. I look forward to working with Imam Gjoni and my fellow board members to continue that important tradition.”

Imam Gjoni spoke of Zaim Hajdari’s prominence as a community influencer:

“The first, most basic requirement for those on the board are that they be involved, active practitioners of faith. But besides religiosity, board members must have strong community ethics. They must be present and available when needed. And although that seems a modest requirement, there are many who find it difficult to balance work and family with the necessary time spent in required faith-based practices. Zaim makes time for all three, and has always done so, just like his father. We can rely upon Zaim to be present at all of the most important events: baby blessings, funerals, marriages and community gatherings. Many of us come from small, close-knit communities in Montenegro, and we continue to value the ties that bind us together. We are second generation immigrants — sometimes we struggle to connect our pasts through our present lives, and into our futures. But Zaim and his family are a sterling example of those who are a bridge between where we came from and where we are: an Albanian-American Muslim legacy with a foot rooted firmly in both cultures.”

Of the various duties and responsibilities of board members, Imam Gjoni said:

“It is an advisory role of course, but it is also so much more. Board members work closely with other community leaders and Imams to ensure that the mosque and its outreach are performing the duties necessary to support our community. Members are an example of civic responsibility and duty. Their roles and responsibilities can vary with circumstances though, and never has this been more-true than now. After the devastating fire of 2017, we have struggled to replace much of what was lost to our Center. I’m sure you can imagine what a costly and onerous burden a fire can be for anyone, but it is especially difficult for a non-profit, Muslim religious sanctuary. More than just a place of worship, the Center is a gathering place for the entire community; it represents a safe place for discussions, education and outreach that serves an entire multifaceted population. Zaim will serve as a financial professional, negotiator and strategist throughout this complicated rebuilding process.”

Speaking of the Albanian-American Center’s long-term goals, Imam Gjoni remarked:

“Serving as a generational bridge is very important, as I’ve said, but that position cannot be overstressed. Newer generations need a role model, an ambassador they can believe in because that ambassador has already walked a similar road. Zaim teaches the core virtue of service-to-others in the best way possible: by modeling the behavior himself. He is a humble servant of the community, as we must all be. We are all part of communities: one spirit, one people. And we bring our histories with us.”

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.

Media Contact:

Zaim Hajdari, President,
212-381-0050
228625@email4pr.com

SOURCE The Hajdari Group

NEW YORKOct. 28, 2019 /PRNewswire/ — With its main office in Manhattan, The Hajdari Group (https://www.thehajdarigroup.com/) recently announced the official opening of its first branch location at 1491 Richmond Road, on Staten Island. The new branch location is open to all Staten Islanders and their families who wish to explore the multitude of options available for financial planning. Hajdari Group President Zaim Hajdari, a native Staten Islander, also extended a special personal invitation to the local Albanian community, of which he is a member.

“The opening of this branch on Staten Island is the actualization of an important dream for me,” said Zaim Hajdari. “I was born and raised here on the island, a child of hardworking immigrant parents. I understand those struggles. And although I trained on Wall Street, working with some of the wealthiest and most influential financial institutions in the country, I have always had my roots here. I wanted to bring back what I’ve learned, my wealth management experience, and offer it to families who are trying to navigate their financial futures.”

The Hajdari Group: A Financial Planning Spectrum for Everyone

Advisors within The Hajdari Group offer a multi-pronged approach to wealth planning and allocation. First, advisors offer strategies to help individuals manage and invest their wealth. Secondly, clients are given assistance with preserving the wealth they have already accumulated. Third, a variety of wealth distribution strategies are explored. And finally, clients are guided in the planning needed to successfully distribute their estate to their designated heirs.

Some specific services offered include:

  • Asset Allocation: Advisors help clients work through the complicated and often confusing ways in which one’s wealth can be allocated to achieve greater financial returns rather than simply storing such wealth. Depending on a client’s needs, these allocations can include U.S. equities, foreign equities, cash, real estate and other investments.
  • Financial Planning: Financial markets are complex, fluid and ever evolving. Advisors keep a trained eye on these markets, while helping guide clients through their individual, customized financial planning needs.
  • College Planning: The high cost of college is a regrettable fact that parents must face. Good savings plans from a variety of family members can help younger generations meet the financial burdens of tuition costs.
  • 401(k) Rollover: Many successful small businesses have a difficult time understanding and meeting the 401(k) needs of their employees. Hajdari advisors are adept at 401(k) education and guidance for both employers and employees.
  • Tax Planning: Tax compliance and reduction is a crucial element to a successful financial plan. This is relevant regardless of one’s income level, but is especially compelling for families and small businesses that rely on every dollar saved. Navigating tax rates, credits, deductions and other items, in light of overall financial goals, can be a daunting task without professional guidance.

“Financial planning is not just an exclusive concern of the rich: it’s important for anyone who seeks to secure the future of their family’s legacy,” said Zaim Hajdari. “And that takes time. It also takes getting to know people as individuals, not just their portfolios and their accounts. What do my clients really want out of life? The answer to that question is just as important to me as each client’s financial goals.”

The Hajdari Group has always offered no-obligation free consultations, to ensure that their services are a perfect fit for each client. The Staten Island branch is taking appointments for free consultations now.

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, President
212-381-0050
226301@email4pr.com

SOURCE Hajdari Group

NEW YORK, Sept. 3, 2019 /PRNewswire/ — The Hajdari Group (https://www.thehajdarigroup.com/) recently announced that it had established an in-house team of scriptural experts to serve as advisors for its new InvestHalal program, and have secured the services of Imam Edin Gjoni as the board’s founding member. Imam Gjoni is a noted Koranic interpreter and has served New York and the borough of Queens with distinction as a spiritual leader and trusted liaison to the NYPD.

“I am absolutely thrilled to welcome Imam Gjoni as the inaugural advisor for InvestHalal,” said Hajdari Group President, Zaim Hajdari. “He is a meticulous and thoughtful scholar, and one of the most compassionate and caring human beings I have ever known. By lending us his considerable expertise, InvestHalal will continue to set the standard as the preeminent Sharia-compliant investment program in the country.”

Of his background, education and dedication to scholarship, Imam Gjoni said:

“I come from a hardworking family with a strong academic background. I give credit to my grandfather whose legacy left an imprint on my upbringing. He was the Head Mufti of Montenegro and one of the only few Hafiz of the whole Qur’an of his time. My late father was an Economist by profession. For a long time, he was a director of Yugo bank, up until his retirement. My mother played an active role in politics for most of her career. She is now the Vice President of the municipality of Ulqin.”

“Much of my early life was dedicated to studying. I tried to intertwine both religious and – so called – secular disciplines. I enjoyed studying Qur’an, Hadith, Kalam, Jurisprudence and History of Islam; learning Arabic morphology and syntax, as I also enjoyed learning foreign languages. I have also met and had discussions with well-renowned professors and scholars, like Enes Karic, Adnan Silajdzic, Resid Hafizovic, Fikret Karcic, but also Abdul Hakim Murad (Tim Winter), Abdulkarim Soroush, Tariq Ramadan and others.”

Imam Gjoni spoke about serving in New York and at the Albanian Islamic Cultural Center in Queens:

“I am currently working on the expansion project here at our center. In addition, I am actively involved as a clergy liaison with the NYPD. But my day-to-day work involves leading the five daily prayers as well as preparing for Friday sermons.”

When asked about his role on the InvestHalal board as a Koranic Interpreter, Imam Gjoni said:

“By definition, the commentator of the Qur’an (al-Mufassir) is the person who strives to understand, not only the meaning that comes from the Text, but God’s intention from the Holy Text. Because not every meaning that comes from the Text represents God’s intention. Therefore, the commentator’s task is to identify one or multiple meanings, to explore them, and through the methodology of preference (terjih) to distil one or more complementary meanings that could represent God’s intention. Although the Quran never changes, the social situation does. And it’s important to know how that text applies to the world we live in today. Considering that the Qur’an, as God’s Word, is the first and the main source of Islamic Law, then the matters of legal nature that includes the Halal/Haram domain by default become the subject of interest for any Mufessir. We can barely speak about any important legal issue without referring to Qur’an.”

“Yet, regarding the halal and haram investment, I believe that is not enough to be solely an expert in Qur’anic commentary nor in Islamic Law. The contemporary Islamic finance is a very complex multidisciplinary field that requires the attention of both religious and financial experts. And I would mention in this context the Qur’anic verse that represents my motto in the field: ‘He has not placed no hardship for you in religion’ (22:79).”

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.

Media Contact:
Zaim Hajdari
212-381-0050
217673@email4pr.com

SOURCE Hajdari Group

Thinking about what you will do in retirement is fun. And planning for it doesn’t have to be difficult.

Only 3 out of 10 Americans have a financial plan, and one third report they have no retirement savings. That could be a problem. Working with a financial adviser can help. Financial planning is not just all about assets, investments and net worth. It’s about how you feel and what you want. It’s about identifying your expectations concerns and goals. Yeah that makes sense.

It’s about making sure you achieve your goals, your needs, wants and wishes. At the end of the day isn’t that what it’s all about?

Financial advisors who use Money Guide pro can create a customized quality financial plan for you that includes your expectations, and concerns, fears, and goals. Learn more by talking to your financial professional.

Hajdari Group clients get access to Money Guide Pro as a part of our financial planning services.

Contact us for more information and a free consultation.

Watch the Money Guide Pro intro video to learn more:

Many companies now offer employer-sponsored Roth 401(k) retirement accounts alongside traditional 401(k) plans, giving employees another way to save for retirement. What’s the difference between the two accounts? And should you consider opening a Roth 401(k)?

Here we’ll take a look at how Roth 401(k) plans stack up against their traditional counterparts and what to consider before contributing to one.

Click here to read the full article
Source: Schwab.com

Rise of Islamic Finance Helps Muslim Family Offices Make Investments True To Faith

The Hajdari Group was recently mentioned in MarketCurrents article about Islamic finance. Hajdari Group President Zaim Hajdari was also quoted in the article.

Here is an excerpt:

However, the industry has yet to catch on in the United States, home to over 3.4 million Muslims. Muslim industry veterans such as The Hajdari Group’s Zaim Hajdari want to change that. The Hajdari group recently launched “InvestHalal” – a financial planning platform that screens financial assets to ensure shariah-compliance.

“Being a Muslim myself and having served many Muslim investors over my 25 years as an advisor, there has always been a high level of frustration with the lack of investment choices and guidance to Muslims in the U.S.,” says Hajdari.

According to his team’s research, a fifth of American Muslims earn more than $1 million, 81% of them are aged between 18 and 49, 65% have a college or post-graduation degree, and 69% pray at least once a day. “We feel that there is a high degree of probability that the same people who choose to live, eat and drink Halal (in compliance with shariah law)…would also choose to invest Halal given the opportunity to do so,” he said.

Read the full article here
Source: MarketCurrents

New York boutique wealth management firm targets Muslims with dedicated Shariah financial services

Despite rising anti-Muslim rhetoric in the US, a New York-based wealth management firm has begun offering Shariah compliant investment services; VINEETA TAN writes that this suggests that market players still see commercial opportunities in the niche Islamic finance industry.

Having served investors in the US over the last decade, boutique investment firm Hajdari Group has decided to cater to faith-conscious Muslim clients by launching a new financial planning platform, InvestHalal, which follows Shariah standards set by the Fiqh Council of North America and AAOIFI.

“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 US to Islamic investors,” Zaim Hajdari, the president of Hajdari Group and former JPMorgan banker, explained. “We are proud to be a Muslim-owned, New York-based investment firm that has taken the time, effort and scholarship necessary to ensure Shariah compliant investment opportunities for those who wish to pursue them.”

Click here to read the full article
Source: Islamic Finance News

Hajdari Group President Zaim Hajdari was recently interviewed by WealthManagement.com to discuss the company’s new InvestHalal faith-based investment platform.

Here is an excerpt:

A new faith-based financial planning platform offers practicing Muslims the chance to invest in ways that adhere to their faith.

The Hajdari Group announced its new InvestHalal platform this week, ensuring Shariah-compliant asset management by working with financial planners who avoid heavily indebted companies, as well as companies that derive more than 5 percent of their income from products like alcohol, weapons or tobacco. Zaim Hajdari, the firm’s president, told WealthManagement.com that tools like InvestHalal were a sorely needed benefit for Western Muslim investors.

“While there was no shortage of faith-based investing, or for that matter ESG investing, there’s been a bit of frustration due to the lack of options available specifically as it relates to the Muslim community,” he said. “We work with a variety of Islamic scholars to ensure compliance, but it takes a bit of effort to screen these products to ensure they are meeting the prerequisites set by a lot of these organizations and Islamic scholars.”

Read the full article here

Source: WealthManagement.com

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

cnbc-logoNEW YORK, Nov. 27, 2012 /PRNewswire via COMTEX/ — Zaim Hajdari, a New York City-based wealth manager, has been named one of the “2012 Best Advisers for Doctors” according to industry publication Medical Economics. Only those meeting stringent standards in experience, educational background and noteworthy achievements made the list–Hajdari is one of only 10 in New York State so honored.

“Physicians are highly intelligent people,” Hajdari told the magazine. “But they need–and want–to devote their time and energy to keeping up with clinical advances and taking care of patients.” Hajdari makes it easy for them, working collaboratively with his physician clients’ attorneys and CPAs to help them achieve their financial and life goals, “If we can take that load off their shoulders, they’ll have more time for their family and patients.”

It’s a tough time for doctors, and Hajdari is glad he can be there for them. The Medical Economics article introducing the best advisers noted such problems as declining reimbursements and reams of regulations, as well as fallout from the Affordable Care Act. Meanwhile doctors may be paying off medical school loans and hoping they’ll be able to save a few dollars to put their own children through college.

To maneuver around these problems and help doctors maintain their fiscal health, advisers have to know about the economics of a medical practice and be familiar with the investing vehicles each client needs. They also have to be able to manage risk, to guide their clients between the dangers of trying to avoid risk altogether–sacrificing portfolio performance–and taking too much risk, possibly destroying their portfolios beyond repair.

“I get a lot of satisfaction working with doctors,” said Hajdari. “Just as they must be pleased to diagnose an illness and prescribe a course of treatment that brings a patient back to optimum health, I enjoy taking care of doctors’ financial health, putting my skills to work helping to make sure their hard-earned money is not wasted and saving them from worry.”

Indeed, Hajdari has long been committed to healthcare professionals: Earlier in 2012, Dental Practice Report honored him as one of the best financial advisers for dentists, based on credentials, educational background and experience.

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 offering securities through Raymond James Financial Services, Inc., member FINRA/ SIPC. Hajdari was formerly an investment manager with JPMorgan Chase where he oversaw over $3 billion in client assets.