Amana Funds Review

The Amana Equity Income ETF (AMEI) is Saturna Capital's actively managed, Nasdaq-listed ETF counterpart to the Amana Income Fund. Launched June 24, 2026, it keeps at least 80% of assets in income-producing securities - primarily dividend-paying common stocks, domestic and foreign - screened to Islamic principles, with current income as the primary objective. Expense ratio 0.76%; net assets $5.98M and 32 holdings at the 2026-10-19 fund page check.

The Amana Growth ETF (AMGR) is Saturna Capital's actively managed, Nasdaq-listed ETF version of the Amana Growth Fund strategy. Launched June 24, 2026, it holds a concentrated book of 31 large-cap growth stocks - domestic and foreign - selected for earnings and revenue growth and screened to Islamic principles, at a 0.61% expense ratio. Net assets were $7.87M at the 2026-10-19 fund page check, so it is still an early-stage fund.

The Amana Developing World ETF (AMEM) is Saturna Capital's actively managed, Nasdaq-listed emerging-markets halal ETF, the counterpart to the Amana Developing World Fund. Launched June 24, 2026, it invests at least 80% of assets in companies with significant exposure (50% or more of production assets or revenues) to developing economies across Saturna's list of 34 countries, screened to Islamic principles. Expense ratio 0.91%; net assets $6.09M and 31 holdings at the 2026-10-19 fund page check.