AMINX

About AMINX

Amana Income Fund Institutional Shares is an open-end mutual fund designed to provide current income and preservation of capital while adhering strictly to Islamic investment principles. The fund primarily invests in a diversified portfolio of dividend-paying common stocks, including select foreign equities, with a notable emphasis on large-cap value companies. It excludes investments in industries and financial practices not permitted under Islamic law, such as those involving interest, gambling, alcohol, and other prohibited sectors. The fund typically maintains a concentrated portfolio, with over half its assets often allocated to its top holdings in sectors like healthcare, technology, and industrials. Amana Income Fund Institutional Shares is distinguished by its disciplined, lower-turnover approach and its exclusion of interest-bearing instruments, resulting in an investment process that emphasizes sustainability and ethical considerations. Institutional investors are required to meet a higher minimum investment threshold, making it suitable for larger portfolios and organizations seeking faith-based, socially responsible equity exposure in the United States and globally.