Azzad Asset Management is widening the distribution of one of its funds. The Falls Church, Va.-based firm said that its Wise Capital Fund (WISEX) is now available on Schwab OneSource.

The Wide Capital Fund invests in sukuk, or asset-backed Islamic bonds, as well as deposits and notes from Islamic banks that comply with specific socially responsible and halal financial guidelines. The fund was launched on April 1, 2010.

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