Saturna Capital and HANetf have an launched an actively managed global equity ETF focusing on Islamic-compliant stocks with positive ESG characteristics.
Saturna Capital and HANetf launch active Islamic-compliant ETF is listed on London Stock Exchange, Borsa Italiana and XETRA.
Managing AMAL will be the team from Saturna Capital Corporation; that has managed Islamic and socially responsible investment strategies for over three decades. Saturna Capital is one of the largest managers of Islamic-compliant assets in the United States.
AMAL will follow a similar investment philosophy and approach as the US-registered Amana Growth (AMAGX), Amana Income (AMANX) and Amana Developing World (AMDWX) Funds, which also incorporate Islamic and ESG guidelines. These funds were launched in 1989, 1994 and 2009 respectively.