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Shareholder Report
12 Months Ended
Jun. 30, 2024
USD ($)
Holdings
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name AZZAD FUNDS
Entity Central Index Key 0001031008
Entity Investment Company Type N-1A
Document Period End Date Jun. 30, 2024
Azzad Ethical Fund  
Shareholder Report [Line Items]  
Fund Name Azzad Ethical Fund
Class Name Azzad Ethical Fund
Trading Symbol ADJEX
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block]

ADDITIONAL INFORMATION

This annual shareholder report contains important information about the Azzad Ethical Fund - ADJEX for the period July 1, 2023 to June 30, 2024. You can find additional information about the Fund at https://azzadasset.com. You can also request this information by contacting us at 1-888-862-9923.

Additional Information Phone Number 1-888-862-9923
Additional Information Website https://azzadasset.com
Expenses [Text Block]

expense Information

What were the Fund costs for the past year?

(based on a hypothetical $10,000 investment)

 

Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment*
     
Azzad Ethical Fund $102 0.99%

 

*Annualized

Expenses Paid, Amount $ 102
Expense Ratio, Percent 0.99%
Factors Affecting Performance [Text Block]

How did the Fund perform last year?

 

Performance Highlights

·The Fund returned 5.66% for the 12-month period ending June 30, 2024.
·It underperformed compared to the Russell MidCap® Growth Index and the Russell 3000 Index, which returned 15.05% and 23.13%, respectively.
·Underperformance is largely attributed to the sub-adviser's allocation and stock selection.

 

Sector Positioning

·The Fund had overweights in Information Technology (IT) and Industrials, both of which contributed positively to performance.
·Allocation to the Health Care and Real Estate sectors detracted from relative performance.

 

Other factors affecting Fund performance

·The sub-adviser employs a bottom-up stock selection approach, focusing on profitable, lower-debt companies. This was not rewarded during the period.
·Market speculation around a potential recession impacted returns during the period as holdings are selected for growth throughout market cycles, not tactical advantage.

The Fund sub-adviser did not tilt toward speculative investments, opting instead to concentrate on business fundamentals

Performance Past Does Not Indicate Future [Text] Past performance is not a good predictor of future performance
Net Assets $ 146,300,000
Holdings Count | Holdings 60
Advisory Fees Paid, Amount $ 909,234
Investment Company, Portfolio Turnover 24.49%
Additional Fund Statistics [Text Block]

Fund statistics

 

NET ASSETS:

 

$146.3 MILLION

PORTFOLIO HOLDINGS:

 

60

PORTFOLIO TURNOVER:

 

24.49%

ADVISORY FEES PAID BY FUND:

 

$909,234

 

Holdings [Text Block]

top ten holdings

 

1. Cadence Design Systems, Inc. 3.86%
2. CoStar Group, Inc. 3.49%
3. Pinterest, Inc. 3.41%
4. Crowdstrike Holdings, Inc. Class A 3.10%
5. Monolithic Power Systems, Inc. 3.07%
6. DexCom, Inc. 3.00%
7. Teradyne, Inc. 2.62%
8. Quanta Services, Inc. 2.55%
9. The Trade Desk, Inc. Class A 2.42%
10. HEICO Corp. 2.37%
  Total % of Net Assets 29.89%

 

Material Fund Change [Text Block] The Fund has not had any material changes during the year ended June 30, 2024
Updated Prospectus Phone Number 1-888-862-9923
Updated Prospectus Web Address https://azzadasset.com
Azzad Wise Capital Fund  
Shareholder Report [Line Items]  
Fund Name Azzad Wise Capital Fund
Class Name Azzad Wise Capital Fund
Trading Symbol WISEX
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block]

ADDITIONAL INFORMATION

This annual shareholder report contains important information about the Azzad Wise Capital Fund - WISEX for the period July 1, 2023 to June 30, 2024. You can find additional information about the Fund at https://azzadasset.com. You can also request this information by contacting us at 1-888-862-9923.

Expenses [Text Block]

expense Information

What were the Fund costs for the past year?

(based on a hypothetical $10,000 investment)

 

Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment*
     
Azzad Wise Capital Fund $91 0.89%

 

*Annualized

Expenses Paid, Amount $ 91
Expense Ratio, Percent 0.89%
Factors Affecting Performance [Text Block]

How did the Fund perform last year?

 

Performance highlights

 

·The Fund returned 4.22% for the year ending June 30, 2024.
·It underperformed against the ICE BofAML US Corp and Govt 1-3 Yr Index, which returned 4.94% and overperformed against the Bloomberg US Aggregate Index, which returned 2.63%.

 

Sector positioning

·The sub-adviser’s allocation to the Middle East/North Africa, Gulf Cooperation Council (GCC), and Asian sukuk markets benefited from Federal Reserve interest rate projections.
·UAE real estate sukuk was a top performer due to interest rate volatility positioning by the sub-adviser.
·Security selection in Saudi Arabia and Indonesia contributed positively to performance.
·Sub-investment grade GCC sukuk from Bahrain and Oman contributed to performance in the high-yield segment.
·The Fund’s minority allocation to equities detracted from performance during the period.
·The Health Care, Real Estate, and Consumer Defensive sectors were among the top detractors from performance within equities.

 

Other factors affecting Fund performance

·U.S. Federal Reserve Chair Powell announced during the period that the central bank’s peak interest rate target had been met.
·Globally, rate cuts improved credit spreads and reduced funding risk for emerging market, high-yield, and investment-grade bonds.

 

Higher beta assets in the Fund performed well due to improved credit spreads.

Performance Past Does Not Indicate Future [Text] Past performance is not a good predictor of future performance
Net Assets $ 266,000,000.0
Holdings Count | Holdings 129
Advisory Fees Paid, Amount $ 1,808,237
Investment Company, Portfolio Turnover 36.30%
Additional Fund Statistics [Text Block]

Fund statistics

 

NET ASSETS:

 

$266.0 MILLION

PORTFOLIO HOLDINGS:

 

129

PORTFOLIO TURNOVER:

 

36.30%

ADVISORY FEES PAID BY FUND:

 

$1,808,237

 

Holdings [Text Block]

top ten holdings

1.

Esic Sukuk Ltd., 3.939%,

07/30/2024

3.08%
2.

IDB Trust Services, Ltd. REGS,

1.957%, 10/02/2024

2.26%
3.

Aldar Sukuk Ltd., 4.750%,

09/29/2025

2.23%
4.

TNB Global Ventures Cap., Sr.

Unsecd. Note, Series EMTN,

3.244%, 10/19/2026

2.15%
5.

Axiata Spv2 Bhd, 4.357%,

03/24/2026

2.07%
6.

DIB Sukuk, Ltd., Sr. Unsecd.

Note, 2.950%, 02/20/2025

2.03%
7.

MAF Sukuk Ltd., Sr. Unsecd.

Note, 4.500%, 11/03/2025

1.86%
8.

Perusahaan Penerbit SBSN

Indois Sukuk, Series 144A,

4.150%, 03/29/2027

1.83%
9.

MayBank Islamic Bank

(Malaysia), 5.420%,

09/18/2024

1.54%
10.

QIB Sukuk, Ltd., Unsecd. Note,

5.581%, 11/22/2028

1.51%
  Total % of Net Assets 20.56%

 

Material Fund Change [Text Block] The Fund has not had any material changes during the year ended June 30, 2024
Updated Prospectus Phone Number 1-888-862-9923
Updated Prospectus Web Address https://azzadasset.com