0001162044-12-000863 Sample Contracts

AZZAD ETHICAL FUND SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • August 31st, 2012 • Azzad Funds • Virginia

This Sub-Advisory Agreement (this “Agreement”) is dated as of [_______], 2012, between Azzad Asset Management, Inc. (the “Adviser”) and Ziegler Lotsoff Capital Management, LLC (the “Sub-Adviser”).

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