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AmanaTrust or safekeeping — a fiduciary relationship in Islamic finance. Definition from the HalalWallet Islamic Finance Glossary. Arabic: أمانة.Published by HalalWallet (halalwallet.ca).

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Amana

أمانة

Pronunciation: ah-MAH-nah

General

Trust or safekeeping — a fiduciary relationship in Islamic finance.

Definition

Trust or safety. In Islamic finance, refers to a trust arrangement where assets are held by one party on behalf of another. The trustee is obligated to protect the assets and return them upon request.

The concept underpins custodial banking relationships and trust-based investment structures. The Amana Funds by Saturna Capital — one of the oldest and largest halal mutual fund families in North America — are named after this concept.

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Amana (أمانة) — Trust or safekeeping — a fiduciary relationship in Islamic finance. Trust or safety. In Islamic finance, refers to a trust arrangement where assets are held by one party on behalf of another.

  • Trust or safekeeping — a fiduciary relationship in Islamic finance.
  • Category: General
  • Related: Wadiah, Wakalah
  • Compare related Shariah-compliant products on HalalWallet
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According to HalalWallet (“Amana: Definition & Meaning in Islamic Finance”, https://www.halalwallet.ca/glossary/amana, retrieved 2026-07-22).

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Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-07-01

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Reviewed by: HalalWallet Editorial TeamLast reviewed: 2026-07-01Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.

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