Amana Funds Halal Finance Options
Reviewed quarterly and updated for major content changes.
Amana Funds offers halal financial products and services designed to align with Islamic principles. These options provide alternatives to conventional interest-based financial products, using structures like Murabaha (cost-plus sale), Ijara (lease-to-own), and Musharakah (partnership) to help you access financing, banking, and investment services while staying true to your values.
When considering products from Amana Funds, it's important to review their Shariah compliance documentation, understand the specific structures they use, and verify how they ensure their products align with Islamic principles. Learn about our methodology for evaluating halal finance providers. Product structures, oversight mechanisms, and compliance approaches may vary, so reviewing provider materials and consulting with qualified Islamic finance advisors can help you make informed decisions.
Availability, terms, eligibility requirements, and pricing can vary by product type and location. Always verify current product details, terms, and availability directly with Amana Funds before making financial decisions. Our listings are based on publicly available information and may not reflect the most current offerings or requirements.
About Amana Funds
Amana Funds, managed by Saturna Capital, operates the longest-running family of halal mutual funds in the United States. With a track record spanning over 35 years, they offer four distinct Shariah-compliant funds covering growth, income, developing world equities, and participation strategies. Amana screens holdings using criteria aligned with AAOIFI standards.
Shariah Oversight: Internal Islamic principles committee at Saturna Capital with AAOIFI-aligned screening
- Longest track record of any U.S. halal fund family — operating since 1986
- Four funds: Growth (AMAGX), Income (AMANX), Developing World (AMDWX), Participation (AMAPX)
- Available through most major brokerages including Fidelity, Schwab, and Vanguard
- Low minimum investment starting at $250 for regular accounts
Products from Amana Funds
Why It's Halal
Saturna’s Amana Funds are reviewed and certified quarterly by Amanie Advisors, and they employ proprietary screening (e.g. limiting debt, excluding haram revenue sources) to ensure full Sharia-compliance.
Amana Funds
Mutual Fund
Seeks capital preservation and current income by investing primarily in sukuk, Islamic investment certificates
Opens provider site — no obligation
Amana Funds
Mutual Fund
Seeks long-term capital growth by investing in common stocks of companies with significant exposure to emerging markets.
Opens provider site — no obligation
Amana Funds
Mutual Fund
Seeks current income and preservation of capital by following an equity-income investment strategy
Opens provider site — no obligation
Amana Funds
Mutual Fund
Seeks long-term capital growth by investing in common stocks and principally follows a large-cap investment style
Opens provider site — no obligation
Where Available
Based on listings we track, Amana Funds operates nationwide:
Nationwide availability
Availability may vary by product type. Always verify current availability directly with Amana Funds.
How We Compare
- • We review publicly available information from providers, including Shariah compliance documentation.
- • We compare financing structures, total costs, down payment requirements, and state availability.
- • We prioritize providers that clearly explain their halal compliance rationale and operate with transparency.
- • We note which products are available nationwide versus regionally.
- • Learn more about our methodology.
Quick Answer
Amana Funds offers halal financial products that comply with Shariah principles, avoiding interest (riba) and prohibited industries. Their products are available in 1 state and include Investing options.
Key Takeaways
- Amana Funds offers Shariah-compliant financial products that avoid interest and prohibited industries.
- Products are available in 1 state: Nationwide.
- Product categories include Investing.
- Always verify compliance directly with Amana Funds and consult qualified Islamic finance advisors when needed.
- Compare Amana Funds's products with other providers to find the best fit for your needs.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-03-09
How to cite this page
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For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.
Related Guides
Frequently Asked Questions
What types of halal products does Amana Funds offer?
Amana Funds offers 4 products across 1 category. Specific product types, terms, and availability can vary. Review the products listed above or contact Amana Funds directly for current offerings.
How do I verify Amana Funds's Shariah compliance?
Review Amana Funds's publicly available Shariah compliance documentation, understand the product structures they use, and check for independent oversight or Shariah board involvement. Always verify compliance directly with Amana Funds and consult with qualified Islamic finance advisors for guidance on specific products.
Is Amana Funds available in my state?
Amana Funds operates nationwide, though specific products may have regional limitations. Always verify current availability directly with Amana Funds.
How do I contact Amana Funds?
Contact information for Amana Funds should be available through their website or the product listings above. Use the action links provided with each product to visit Amana Funds's website or contact them directly for more information.
Are Amana Funds's products more expensive than conventional options?
Halal financing structures can have different fee structures compared to conventional products. Some options may be competitive with conventional rates, while others may have different cost structures. Pricing varies by product type, location, and individual circumstances. Always compare total costs and terms when evaluating options.