Amana Funds vs Boston Trading Co
Amana Funds and Boston Trading Co both offer investing. This page lines up 19 listed data points side by side, with 13 differences, so you can see exactly where they part ways before you request quotes.
Built from each provider's listed data · provider data last verified Oct 2026
At a glance
- Both are available in all 50 states.
- Amana Funds uses Mutual Funds / Actively managed; Boston Trading Co uses Managed digital-asset fund (pooled, accredited-only).
- Shariah oversight: Amana Funds discloses Third-Party Certified; Boston Trading Co discloses No Public Review.
- HalalWallet Index: Amana Funds holds a B-; Boston Trading Co is not yet graded.
- On measurable rows, Amana Funds has the better listed value on 1 and Boston Trading Co on 0.
- They differ on 13 of the 19 data points we list for investing.
No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.
Amana Funds vs Boston Trading Co: the full side-by-side
19 data points from each provider's published materials, lined up row by row. They differ on 13.
19 of 19 rows
States covered
SameAmana Funds: All 50 statesBoston Trading Co: All 50 states
Expense ratio
Amana Funds: 1.20% (AMDWX) / 0.98% (AMIDX) (Amana Developing World Fun…) · 0.61% (Amana Growth ETF) · 0.76% (Amana Equity Income ETF) · 0.91% (Amana Developing World ETF) · 0.82% (AMAPX) / 0.59% (AMIPX) (Amana Participation Fund (…) · 0.86% (AMAGX) / 0.61% (AMIGX) (Amana Growth Fund (AMAGX)) · 1.01% (AMANX) / 0.76% (AMINX) (Amana Income Fund (AMANX))Boston Trading Co: Not listedManagement fee
Amana Funds: 0.80% (Amana Developing World Fun…) · 0.50% (Amana Participation Fund (…) · 0.58% (Amana Growth Fund (AMAGX)) · 0.73% (Amana Income Fund (AMANX))Boston Trading Co: 2% MER + performance fee above benchmark (1%-3% p.a. range across funds)Minimum investment
Amana Funds: $100 ($100,000 institutional) (Amana Developing World Fun…) · 1 share on Nasdaq (fractional at supporting brokers) (Amana Growth ETF)Boston Trading Co: US$10,000 (top-ups from US$1,000); accredited / sophisticated investors only
Structure
Amana Funds: Mutual Funds / Actively managedBoston Trading Co: Managed digital-asset fund (pooled, accredited-only)Shariah oversight
Amana Funds: Third-Party CertifiedBoston Trading Co: No Public ReviewShariah board / scholar
Amana Funds: third_party_certifiedBoston Trading Co: No Public ReviewPublished fatwa / certificate
SameAmana Funds: NoBoston Trading Co: NoScreening standard
Amana Funds: AAOIFI standards (Amana Developing World Fun…) · Saturna Capital Islamic screens, reviewed by Amanie Advisors (Amana Growth ETF)Boston Trading Co: None - not a Shariah-screened fund (Bostoncoin (BOS) Diversifi…) · Self-declared Shariah screen from the RAFAH prospectus: excludes interest-based platforms; avoids alcohol, gambling, pork and adult entertainment; favours profit/loss-sharing and ethical-finance projects. No named scholar, supervisory board or third-party certificate. (RAFAH Halal Crypto Fund) · Dharmic (Ahimsa / Sattvic) screen per the manager; not a Shariah screen (ASHIRVAD (ASHIR) Dharmic C…) · Halachic (kosher) screen per the manager; not a Shariah screen (OYSHER (OYSH) Kosher Crypt…)
Products listed
Amana Funds: Amana Developing World Fund (AMDWX), Amana Growth ETF, Amana Equity Income ETF, Amana Developing World ETF, Amana Participation Fund (AMAPX), Amana Growth Fund (AMAGX) +1 moreBoston Trading Co: Bostoncoin (BOS) Diversified Crypto Fund, DARTcoin (DART) Higher-Volatility Crypto Fund, RAFAH Halal Crypto Fund, ASHIRVAD (ASHIR) Dharmic Crypto Fund, OYSHER (OYSH) Kosher Crypto Fund, POLLYcoin AI (POLLY) Lower-Volatility Crypto FundBest for
Amana Funds: Halal emerging market exposureBoston Trading Co: Not for halal-first investors; see RAFAHProduct types
Amana Funds: Mutual Fund, ETFBoston Trading Co: Crypto FundTickers
Amana Funds: AMDWX, AMGR, AMEI, AMEM, AMAPX +2 moreBoston Trading Co: Not listedHoldings
Amana Funds: 31 (Amana Growth ETF) · 32 (Amana Equity Income ETF)Boston Trading Co: Live portfolio published at bostontrading.co/portfolio, updated hourly. (Bostoncoin (BOS) Diversifi…) · Live portfolio published at bostontrading.co/dart, updated hourly. (DARTcoin (DART) Higher-Vol…) · Sample allocation (prospectus, May 2025): HalalChain 20%, Islamic Coin 15%, Tezos 15%, Marhaba DeFi 15%, Celo 15%, SolarCoin 10%, ZakatDAO 10%. Illustrative only; no live RAFAH holdings page published. (RAFAH Halal Crypto Fund)Account types
Amana Funds: Individual, IRA, Roth IRABoston Trading Co: Individual, 401(k), Roth IRA, Trust, Company +1 moreFocus
Amana Funds: International / Emerging Markets (Amana Developing World Fun…) · Global Large Growth (active) (Amana Growth ETF) · Global Dividend Equity (active) (Amana Equity Income ETF) · Emerging Markets (active) (Amana Developing World ETF) · Global Sukuk / Fixed Income (Amana Participation Fund (…) · US Large Growth (Amana Growth Fund (AMAGX)) · US Large Value / Income (Amana Income Fund (AMANX))Boston Trading Co: Diversified Crypto Fund (not Shariah-screened) (Bostoncoin (BOS) Diversifi…) · Higher-Volatility Crypto Fund (not Shariah-screened) (DARTcoin (DART) Higher-Vol…) · Managed Halal Crypto Fund (RAFAH Halal Crypto Fund) · Dharmic Crypto Fund (not Shariah-screened) (ASHIRVAD (ASHIR) Dharmic C…) · Kosher Crypto Fund (not Shariah-screened) (OYSHER (OYSH) Kosher Crypt…) · Lower-Volatility AI Crypto Fund (not Shariah-screened) (POLLYcoin AI (POLLY) Lower…)
HalalWallet Index grade
Amana Funds: B-Boston Trading Co: Not listedFounded
Amana Funds: 1986 EdgeBoston Trading Co: 2016Assets under management
Amana Funds: $201M (both classes, 2026-08-05) (Amana Developing World Fun…) · $7.87M (2026-10-19) (Amana Growth ETF) · $5.98M (2026-10-19) (Amana Equity Income ETF) · $6.09M (2026-10-19) (Amana Developing World ETF) · $324M (both classes, 2026-08-05) (Amana Participation Fund (…) · $6.8B (both classes, 2026-08-05) (Amana Growth Fund (AMAGX)) · $2.4B (both classes, 2026-08-05) (Amana Income Fund (AMANX))Boston Trading Co: Not listed
Edge marks the side with the better listed number on measurable rows (lower fee, wider coverage, higher grade). It is not a verdict - a provider can win more rows and still be the wrong fit for you.
Strengths and trade-offs
Amana Funds
- Dedicated halal exposure to emerging and developing markets - a rare mandate
- Reviewed and certified quarterly by Amanie Advisors
- Comes from the longest-running US Islamic fund family (since 1986)
- $100 minimum, waived in tax-sheltered accounts
- Can hold Islamic financial institutions (for example Bank Islam Malaysia) - the screen bars interest-based finance only
- 1.20% Investor-class expense ratio is the highest in the Amana family
- 10-year return of 7.76% annualized trails the MSCI Emerging Markets Index's 10.52%
- Smallest Amana fund at about $201M - scale works against costs
- Emerging markets bring higher volatility and currency risk on top of the fee drag
- 0.61% is higher than every index halal ETF (MNZL 0.40%, SPUS 0.45%, HLAL 0.50%)
Boston Trading Co
- Longest track record in the range (since January 2016) across several crypto cycles
- Radical holdings transparency: the live portfolio is public and updated hourly
- Live, hourly-updated holdings page
- Clearly labelled by the manager as the higher-risk option in the range
- The only managed crypto fund we list that publishes a written halal screen (riba, gharar and haram-industry exclusions in the prospectus)
- Not Shariah-screened; no halal claim is made for this fund
- Accredited / sophisticated investors only (US terms: Accredited Investors, Qualified Purchasers or QIBs), with a US$10,000 minimum
- Provider's own US terms state the offerings have not been reviewed or approved by the SEC or CFTC and that regulatory approval is 'in process'; an ADGM (Abu Dhabi) licence application is also pending
- 2% MER plus a performance fee above benchmark is expensive next to halal ETFs charging under 0.70%
- Explicitly higher volatility than the flagship fund
Products behind the numbers
Where a row shows more than one value, it is because the provider lists several investing products. Each is tagged.
Amana Funds (7)
Boston Trading Co (6)
- Bostoncoin (BOS) Diversified Crypto Fund
- DARTcoin (DART) Higher-Volatility Crypto Fund
- RAFAH Halal Crypto FundDetails
- ASHIRVAD (ASHIR) Dharmic Crypto Fund
- OYSHER (OYSH) Kosher Crypto Fund
- POLLYcoin AI (POLLY) Lower-Volatility Crypto Fund
Not sure which is right? Compare all investing providers.
Browse all Investing optionsEditorial comparisons
How do Amana Funds and Boston Trading Co compare for investing?
Amana Funds and Boston Trading Co both offer investing. This page lines up 19 listed data points side by side, with 13 differences, so you can see exactly where they part ways before you request quotes.
- Both are available in all 50 states.
- Amana Funds uses Mutual Funds / Actively managed; Boston Trading Co uses Managed digital-asset fund (pooled, accredited-only).
- Shariah oversight: Amana Funds discloses Third-Party Certified; Boston Trading Co discloses No Public Review.
Source: HalalWallet (halalwallet.us)
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Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-10-19
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How to use this comparison: Scholars rule; we organize the evidence. HalalWallet is an independent educational comparison platform - by design, we do not issue fatwas or provide financial, legal, or tax advice. We do the research homework so your final checks are quick and personal. Where our role ends and who takes over.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
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