What types of funds does Amana Mutual Funds Trust offer?

Amana Mutual Funds Trust offers a variety of funds that are designed to meet the diverse investment needs of its clients while adhering to Islamic principles. Among the primary types of funds provided are the equity funds, which typically focus on investing in large-cap U.S. and foreign companies. These funds generally aim for long-term capital appreciation by investing in businesses with strong growth potential. In addition to equity funds, Amana also offers fixed-income funds, which focus on generating income through investments in non-interest-bearing securities. These bonds comply with Islamic finance principles and aim to provide a steady income stream while preserving capital. Moreover, Amana Mutual Funds Trust has introduced funds that emphasize socially responsible investing. This approach not only aligns with Islamic ethics but also seeks to invest in companies that prioritize environmental and social governance. For those looking for a balanced approach, Amana provides balanced funds that invest in a mix of equities and fixed-income securities. This diversification strategy can be beneficial in mitigating risk while pursuing growth and income. For further and more specific information, it may be helpful to refer to the Amana website.