6 May 2026

Saturna Capital to Make ETF Debut with Four Actively Managed Halal Investment Strategies

News Article

Saturna Capital (“Saturna”) is entering the ETF market with the launch of four actively managed exchange-traded funds that invest in accordance with Islamic principles. They include: The Amana Equity Income ETF (Ticker: AMEI), Amana Growth ETF (AMGR), Amana Developing World ETF (AMEM), and Amana Sukuk ETF (AMSU). 

The approximately $10 billion1 Bellingham, Washington-based asset management firm is targeting a June launch for the new ETFs which will mirror existing Amana mutual fund strategies.

ETF Objectives and Strategies 

Each ETF is designed to target a distinct segment of the market while remaining aligned with Islamic investment principles. 

The Amana Equity Income ETF (AMEI) seeks current income and capital preservation, with current income its primary objective. It will invest in dividend-paying equities, including foreign companies, and will be managed by Executive Vice President Monem Salam, Quantitative Lead Bryce Fegley, and Senior Investment Analyst Levi Zurbrugg.

The Amana Growth ETF (AMGR) seeks Long-term capital growth, consistent with Islamic principles. The Fund invests in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. It will be managed by Chief Investment Officer Scott Klimo, Monem Salam, and Senior Investment Analyst Jason Mitchell.

The Amana Developing World ETF (AMEM) seeks Long-term capital growth, consistent with Islamic principles. Under normal circumstances, the Fund invests at least 80% of total net assets in common stocks of companies. It will be managed by Monem Salam, Scott Klimo, and Levi Zurbrugg. 

The Amana Sukuk ETF (AMSU) seeks Capital preservation and current income, consistent with Islamic principles. Capital preservation is its primary objective. It will be managed by Fixed Income Lead Patrick Drum and Senior Investment Analyst Elizabeth Alm.

The Amana ETF strategies favor investing in companies trading below the advisor’s assessment of intrinsic value, which is typically characterized by strong balance sheets, proven business models, and relatively low price/earnings multiples. Portfolios are actively monitored and the funds will not engage in high turnover or speculative trading.

Halal Investment Framework

Saturna’s Amana Funds have a long-standing focus on faith-based investing, and the ETFs will adhere to the same halal investment principles used throughout its existing lineup.

These guidelines prohibit interest-based income and restrict investment in industries such as alcohol, tobacco, pork products, gambling, weapons, pornography, interest-based banks and financial associations and insurers. 

Saturna Capital has approximately $10 billion in assets under management1 in the Saturna Funds and Amana Funds. Amana is the oldest and largest family of funds in the US that follow the principles of Islamic investing.  

Saturna has built its reputation on delivering disciplined, values-based strategies designed to meet the needs of investors seeking alignment with Islamic principles while pursuing long-term capital appreciation and income. 

Additional details will be available in the Fund’s prospectus upon effectiveness of the registration statement. For more information visit: www.saturna.com or contact:

Mount & Nadler
Hedda Nadler or Andrew Greene
212-759-4440
[email protected] 
[email protected]

1 As of March 31, 2026

Price/earning ratio: A company's price-to-earnings ratio (P/E ratio) looks at a stock's share price relative to the earnings of the underlying company.

The information in this prospectus is not complete and may be changed. The securities may not be sold until the registration statement filed with the Securities Exchange Commission is effective. This document is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer is not permitted.

Investing involves risks, including the possible loss of principal. The prospectus and summary prospectus contain more complete information on the investment objectives, risks, charges and expenses of the fund, and other information, which investors should read and consider carefully before investing. To obtain this and other important information about Amana Mutual Funds, Amana ETFs, or Saturna Mutual Funds in a current prospectus or summary prospectus, please visit saturna.com or call toll-free 1-800-728-8762. Please read the prospectus or summary prospectus carefully before investing.

Amana Mutual Funds and Saturna Mutual Funds are distributed by Saturna Brokerage Services, Inc. member FINRA / SIPC and a wholly-owned subsidiary of Saturna Capital. Amana ETFs are distributed by Paralel Distributors LLC, member FINRA.  Paralel is unaffiliated with Saturna Brokerage Services, Inc. and Saturna Capital.

Saturna Capital Corporation, an SEC-registered investment adviser, provides asset management services for the Amana Mutual Funds Trust and the Saturna Investment Trust.