Amana Equity Income ETF
AMEI
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1300 N State St Bellingham WA United States of America 98225-4730
- IPO Date
- Jun 24, 2026
- Website
- saturna.com
- Similar Companies
- Business
- Amana Equity Income ETF (AMEI) is a Sharia-compliant exchange-traded fund focused on delivering current income through dividend-paying equities, with screening to align with Islamic principles and sustainable characteristics. The fund seeks to provide income consistency and capital preservation by investing primarily in dividend-paying large-cap U.S. and selective international equities, avoiding industries prohibited under Islamic law such as alcohol, tobacco, pork, conventional banking, weapons, gambling, and other non-compliant sectors, while emphasizing companies with robust profitability, governance, and environmental and social responsibility practices. Main Products and Services - Core offering: Amana Equity Income ETF, a Sharia-compliant equity ETF providing current income via a diversified portfolio of dividend-paying stocks; includes exposure to select international holdings in line with Islamic principles - Investment focus: large-cap value-oriented equities with sustainable characteristics; preference for dividend payers with established profitability and financial strength - Compliance framework: adherence to Islamic investment principles, excluding interest-based activities and sectors deemed non-permissible; screening aligns with Saturna Capital’s Sharia standards - Portfolio construction services: systematic equity selection, diversification across sectors and geographies, and ongoing monitoring for compliance and sustainability metrics - Related capabilities: potential integration with institutional and daily liquidity features typical of U.S.-listed ETFs, including tradeability on major exchanges and standard ETF settlement Latest Major Company Changes - Strategic expansion into Sharia-compliant ETF lineup: Saturna Capital advances the Amana ETF suite, including AMEI, signaling ongoing focus on expanding Sharia-compliant investment products; this includes potential new launches in related segments such as growth, developed markets, and Sukuk exposure to complement the AMEI offering - Product ecosystem enhancements: potential enhancements to index methodology and ESG/sustainability overlays to align with evolving Islamic investing standards and client expectations - Market positioning and partnerships: ongoing collaboration with distribution partners and advisory relationships to broaden access to Sharia-compliant income solutions for institutional and retail investors - Corporate branding and reorganizations: no major name changes publicly announced in the last 1–2 years; the fund remains part of the Amana Funds family managed by Saturna Capital Industry context and positioning - Industry: Islamic and Sharia-compliant investing within the broader U.S. and global ETF industry - Segments served: institutional and retail investors seeking income-oriented, compliant equity exposure - Geographic footprint: primarily U.S.-listed ETF with potential international equity exposure; investments span developed and select emerging markets as permissible under Sharia guidelines - Ownership and structure: managed by Saturna Capital Corporation; products offered under the Amana Funds umbrella with a focus on income and sustainability criteria Founding year and headquarters - Founding/brand history: Amana Funds lineage traces to Saturna Capital’s development of Sharia-compliant investment products; exact founding year of AMEI as a standalone ETF aligns with its issuance as part of the Amana ETF suite - Headquarters: Saturna Capital is headquartered in the United States, with offices supporting Amana funds and distribution activities Subsidiaries and relationships - Parent/affiliate structures: Amana Equity Income ETF operates under the Amana Funds family; Saturna Capital serves as investment adviser and sponsor, coordinating index methodology, compliance, and fund governance Note: This description reflects the most recent publicly available information indicating ongoing expansion of Amana’s Sharia-compliant ETF suite and continued emphasis on income-focused, compliant equity strategies. For precise, sentence-by-sentence sourcing and the latest updates, please refer to official Amana Funds disclosures and recent SEC filings.