The Iqra Momentum Portfolio gained +21.31% YTD as of September, led by strong performers like Hims & Hers (+66.3%), Howmet Aerospace (+47.0%), and Alphabet (+38.7%). This month, we’re refreshing the portfolio by dropping Amazon and Gilead, and adding Shopify and Ulta Beauty to strengthen exposure in e-commerce and consumer sectors.

Halal Stocks in August: Earnings Season Brings Mixed Fortunes After a strong July rally, August earnings season brought both opportunities and setbacks for halal growth stocks. $HIMS, which had surged nearly +95% YTD in July, cooled to +24% as investors digested its quarterly results. Similarly, $SMCI dropped from +54% YTD to just +3.8%, showing how high-flying AI and tech names can quickly swing around earnings.

Halal Stocks Monthly: Healthcare and AI Power a +26.26% YTD Portfolio Surge Our Shariah-compliant halal stocks portfolio has seen powerful growth: HWM up 38.54%, Amazon +23.09%, and SMCI +18.91%. Even HIMS, despite a recent dip, remains our top overall gainer at +50.86%.