Amana Income
Investor Shares: AMANX
Institutional Shares: AMINX
Est. 1986
Seeks current income and preservation of capital by following an equity-income investment strategy.
Amana Growth
Investor Shares: AMAGX
Institutional Shares: AMIGX
Est. 1994
Seeks long-term capital growth by investing in common stocks and principally follows a large-cap investment style.
Amana Developing World
Investor Shares: AMDWX
Institutional Shares: AMIDX
Est. 2009
Seeks long-term capital growth by investing in common stocks of companies with significant exposure to emerging markets.
Amana Participation
Investor Shares: AMAPX
Institutional Shares: AMIPX
Est. 2015
Seeks capital preservation and current income by investing primarily in sukuk, Islamic investment certificates.
About Amana Mutual Funds 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.
Watch Amana Mutual Funds Trust founders, Nick Kaiser and Yaqub Mirza, discuss the creation and history of the Trust.
Halal Investing
Investing according to Islamic principles can offer many benefits to Muslims and non-Muslims alike. Halal investing encourages a disciplined investment process that promotes in-depth security research and monitoring. Generally, the low debt requirements of Islamic screens facilitate a conservative approach that appeals to risk-averse investors.
Investing & Zakat
Zakat is the third pillar of Islam and the cornerstone of its economic system. It represents "the first and foremost mechanism to implement economic justice," according to economist Dr. Monzer Kahf. As a religious duty and an obligation on all Muslims, it offers the donor the inner satisfaction of a duty accomplished.
Purification Calculator
You can use this form to estimate the amount to cleanse any haram income for the year from your shares. Purification factors are calculated once yearly at the Funds' fiscal year end as of May 31.
Investing For Hajj
Islam mandates that all Muslims who are financially and physically capable perform a pilgrimage to Mecca — the Hajj — once in a lifetime. Besides commanding his companions to perform it, the Prophet (Salla Allahu Alayhi wa Sallam) advised them to financially prepare for it, and delineated the specific way in which each of the rituals involved was to be performed.
Tune in to our podcast: Halal Money Matters
Join our host Monem Salam and an assortment of special guests as they discuss Halal investing, retirement, financial planning, and much, much more.
Monem Salam MBA
Director, Portfolio Manager
Quarterly Commentary
Stay informed with the latest insights from our portfolio managers and analysts.
White Papers
Take a deeper dive into topics such as what makes sukuk halal, evaluating Islamic standards, and actively managing Islamic investments.