About Amana Funds

Amana Mutual Funds are managed by Saturna Capital in Bellingham, Washington. The Amana Income Fund, launched in 1986, was the first Islamic mutual fund in the United States, making Amana one of the most established names in halal investing.

Funds

  • Amana Income Fund
  • Amana Growth Fund
  • Amana Developing World Fund
  • Amana Participation Fund (sukuk and Islamic fixed income)

Screening

Funds avoid companies involved in alcohol, tobacco, gambling, pornography and interest-based finance, and screen out companies with excessive debt. Amana funds are SEC-registered mutual funds.

Related

See more in our halal investing directory.

Important

This listing is for information only and is not financial advice. Check products, fees and eligibility directly with the provider.

How to compare Islamic finance providers

Islamic finance avoids interest (riba) and excessive uncertainty. Instead, providers use structures such as co-ownership, lease-to-own or cost-plus sale. So when you compare providers, look beyond the headline rate.

  • Check who sits on the Sharia board, and whether its rulings are published.
  • Confirm the provider is regulated in your country.
  • Compare the total cost, including fees, over the full term.
  • For investing, check how stocks are screened and how often.

Why Amana is in our directory

Many Muslims want their savings, home and investments to match their values. This provider is one of the providers people search for most. In addition, halal finance can support long-term financial wellbeing and peace of mind.

However, every product carries risk. Therefore, read the key documents carefully, and speak to a qualified adviser if you are unsure. Also, remember that past returns do not guarantee future results.

Amana: quick FAQ

Is this provider Sharia-compliant? this provider states that its products are Sharia-compliant and overseen by scholars. So review the details on its website.

Who can use this provider? Availability depends on where you live. Check eligibility on its website.

Website: amanafunds.com

Listing compiled by Halal Wellness from public information. Are you the owner? Claim or update this listing for free.

Listing details

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