Following Principles of Islamic Finance

Investment Process

Saturna Capital, the Funds' investment adviser, screens more than 10,000 global equities monthly.

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Quarterly Commentary

Stay informed with the latest insights from our portfolio managers and analysts.

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Watch Amana Mutual Funds Trust founders, Nick Kaiser and Yaqub Mirza, discuss the creation and history of the Trust.

At Saturna Capital and the Amana Mutual Funds Trust, we endeavor to align our investments with our principles.

Our Funds favor companies with low price-to-earnings multiples, strong balance sheets, and proven businesses. They follow a value-oriented approach consistent with Islamic finance principles. Generally, these principles require that investors avoid interest and investments in businesses such as liquor, pornography, gambling, and banks. The Funds avoid bonds and other conventional fixed-income securities.

Saturna Capital selects investments in companies that to its knowledge do not violate the requirements of the Islamic faith at the time of investment. To ensure that investments continue to meet the requirements of the Islamic faith, Saturna Capital engages Amanie Advisors Sdn Bhd, a leading consultant specializing in Islamic finance.

The Amana Funds limit the securities they purchase to those consistent with Islamic principles. This limits opportunities and may affect performance.

 

Saturna White Papers: Educational Series

  • RTY December 2017 Cover

    In this white paper we explore several "CORE" criteria for an investment certificate to be considered halal.

     
  • Dancing with Correlation cover page

    We explore the correlation between Islamic investment certificates, including sukuk, and other investment asset classes as a means of better understanding the risk and return characteristics of this unique and distinct asset class.

     
  • What Makes Sukuk Halal?

    We explain what differentiates Islamic investment certificates, often called sukuk, from conventional bonds, and identifies the distinctive features that form the core of what makes sukuk Islamic-compliant, or halal.

     
  • Amana Participation Fund (AMAPX)

    Building upon our history of halal investing expertise, the Amana Participation Fund is designed to help clients meet their long-term financial needs through an investment objective of capital preservation emphasizing current income consistent with Islamic principles.