Saturna Capital and HANetf launch active Islamic compliant ETF

News Team, 26/11/2021

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.

The fund aims to achieve long-term capital appreciation. The ETF complies with the principles of Islamic investing and will integrate ESG scoring into its evaluation of the investments it makes.

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.

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