0001162044-23-001107 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 30th, 2023 • Azzad Funds • Virginia

THIS INVESTMENT ADVISORY AGREEMENT is made as of August 15, 2023, by and between AZZAD FUNDS, a Massachusetts business trust (the “Company”), on behalf of its series, the AZZAD ETHICAL FUND (the “Fund”), and AZZAD ASSET MANAGEMENT, INC., a Delaware corporation (the “Adviser” or “Azzad”).

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AZZAD ASSET MANAGEMENT SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • October 30th, 2023 • Azzad Funds • Delaware

This Sub-advisory Agreement (“Agreement”) is effective as of August 15, 2023, by and between Azzad Asset Management, Inc. (“Adviser”), a Delaware corporation, with its principal place of business at 3141 Fairview Park Drive, Suite 355, Falls Church, VA 22042 and Delaware Investments Fund Advisers (“Sub-Adviser”), a series of Macquarie Investment Management Business Trust, a Delaware statutory trust with its principal place of business at 100 Independence, 610 Market Street, Philadelphia, PA 19106.

SUBADVISORY AGREEMENT
Subadvisory Agreement • October 30th, 2023 • Azzad Funds • New York

This Subadvisory Agreement (as amended from time to time, this “Agreement”) is entered into as of the 15th day of August, 2023, by and between Azzad Asset Management, Inc., a Delaware corporation (the “Adviser”), and Federated Investment Management Company, a Delaware statutory trust (“Sub-Adviser”).

ADMINISTRATION AGREEMENT
Administration Agreement • October 30th, 2023 • Azzad Funds • Virginia

THIS ADMINISTRATION AGREEMENT (the “Agreement”) is made as of the 15th of August 2023, by and among AZZAD FUNDS (the “Trust”) and AZZAD ASSET MANAGEMENT, INC. (“AAM”), the

SUB-SUBADVISORY AGREEMENT
Sub-Subadvisory Agreement • October 30th, 2023 • Azzad Funds • Pennsylvania

This Sub-Subadvisory Agreement (this “Agreement”) is entered into as of August 15, 2023 among Federated Investment Management Company, a Delaware statutory trust (“Sub-Adviser”), Federated Hermes (UK) LLP, a limited liability partnership registered in the United Kingdom (“Sub-Subadviser”) and Azzad Asset Management, Inc., a Delaware Corporation (“Adviser”).

AZZAD WISE CAPITAL FUND
Expenses Agreement • October 30th, 2023 • Azzad Funds

Pursuant to an investment advisory agreement on behalf of the Azzad Wise Capital Fund (the “Fund”), a series of the Azzad Funds (the “Trust”), Azzad Asset Management, Inc. (the “Adviser”) acts as investment adviser for the Fund. In addition to the terms of that agreement, the Trust and the Adviser hereby agree as follows:

AZZAD FUNDS AZZAD ETHICAL FUND EXPENSES AGREEMENT
Expenses Agreement • October 30th, 2023 • Azzad Funds

Pursuant to an investment advisory agreement on behalf of the Azzad Ethical Fund (the “Fund”), a series of the Azzad Funds (the “Trust”), Azzad Asset Management, Inc. (the “Adviser”) acts as investment adviser for the Fund. In addition to the terms of that agreement, the Trust and the Adviser hereby agree as follows:

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