Amana Funds White Papers

  • Behind the Scenes: A Closer Look at the Amana Participation Fund Investment Process, 2nd Edition
    Saturna Capital, White Papers - June 2024

    In this informational article, we answer some of the more commonly asked questions about the Amana Participation Fund's investment process.

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  • GCC Sukuk: A Primer, 3rd Edition
    Saturna Capital, White Papers - March 2024

    We are delighted to release the third edition of our GCC Sukuk Primer. This white paper examines the investment landscape and characteristics of sukuk, or Islamic-compliant investment certificates.

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  • 2023 Impact Report
    White Papers, Amana Mutual Funds Trust - December 2023

    Environmental, social, and governance (ESG) analysis is a useful framework for understanding operations and informing investment decisions. However, the framework has been politicized and subjected to negative media coverage. To ignore ESG information is to turn one’s back on potentially valuable insights.

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  • 2022 Impact Report
    Amana Mutual Funds Trust, White Papers - December 2022

    In 2022, environmental, social, and governance (ESG) investing as a term became politicized, and the practice more scrutinized. We believe ESG investing provides fundamental benefits in improving our understanding of investments, while the swell in anti-ESG media demonstrates the importance that asset managers provide transparency to their investors.

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  • Actively Managing Islamic Investments
    From the Yardarm, Amana Mutual Funds Trust - June 2022

    As the largest manager of Islamic investments in the United States, we believe that in the realm of Islamic investing, a truly passive option doesn’t exist. Instead, we ask where the active decisions are being made; in the choices of which screening methods are used to design the index, or in the implementation of screening methods in the actual investment portfolio?

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  • GCC Sukuk: A Primer, 2nd Edition
    Saturna Capital, White Papers - April 2022

    This 2nd edition GCC Sukuk Primer provides an overview of the investment landscape and characteristics of Islamic-compliant investment certificates, commonly referred to as sukuk, a market niche that continues to evolve. We will cover the risk and return attributes of sukuk and explore their relationship to changes in the price of oil, since hydrocarbons largely drive sukuk issuers’ economies.

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  • 2021 Impact Report
    Amana Mutual Funds Trust, White Papers - December 2021

    Amid the turbulence of 2021 we are grateful for our clients’ support of the Amana Funds. In the spirit of continual improvement, this third annual Impact Report builds on the work we outlined in 2020. 

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  • Behind the Scenes: A Closer Look at the Amana Participation Fund Investment Process
    Saturna Capital, White Papers - November 2021

    In this informational article, we answer seven commonly asked questions about the Amana Participation Fund's investment process.

    Continue reading . . .
     
  • Islamic Investing 2.0: The Way Forward
    From the Yardarm, Amana Mutual Funds Trust - December 2020

    Traditional Islamic-compliant mutual funds have served Muslim investors well in the four decades since the first was launched in Malaysia. By fostering partnership in shared risk and reward (musharaka), and by allowing investors to diversify their assets while avoiding haram activities — typically alcohol, tobacco, gaming, financial services, pork processing, and pornography.

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  • 2020 Impact Report
    Amana Mutual Funds Trust, White Papers - December 2020

    Amid the turbulence of 2020 we are grateful for our clients’ support of the Amana Funds. In the spirit of continual improvement, this second annual Impact Report builds on the work we outlined in 2019. Specifically, we have added the Amana Developing World Fund to our coverage and included additional performance-based metrics.

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These reports should not be considered as providing investment advice or services, or any service offered by Saturna. Saturna may not have taken any steps to ensure that the securities referred to in these reports are suitable for any particular investor. Saturna will not treat recipients as its customers by virtue of their reading or receiving the reports.

Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Standardized returns current to the most recent month-end can be obtained by visiting Month-end Performance.