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The Iman Fund (symbol: IMANX) is an American faith based mutual fund that invests in Shariah compliant companies. The fund's 2000 inception catered to the needs of Muslim investors, who not only want to have a financially rewarding investment, but a Shariah compatible one as well.
Exchange-traded fund (ETF) SP Funds The SP Funds S&P Global REIT Sharia ETF (SPRE) Exchange-traded fund (ETF) SP Funds Global Iman Fund (IMANX) Mutual Fund: 2008 Global Growth Assets Manzil Mortgage Fund (MANZL) Mortgage Fund 2019 Manzil Manzil/ CI Direct 1.5% [22] Sukak - Term Deposit Mortgage Fund 2019 AYA Financial Moya Financial
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Money market funds earn higher base returns, starting above 1%, with some funds paying up to 4.00% or more. With a fund, you risk losing money if the market takes a severe downturn.
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The Amana Developing World Fund was created in 2009. All three funds are managed according to Islamic principles. Traditional mutual funds are off-limits to Muslims, because they typically contain securities that are forbidden by sharia law. Accordingly, the Amana Funds are managed under strict guidelines to comply with Islamic principles.
Broad market funds have historically provided steady long-term returns while spreading risk across many companies and industries. However, all investments carry risk of loss, and past performance ...
Iman Mohamed Abdulmajid (Somali: Iimaan Maxamed Cabdulmajiid; born Zara Mohamed Abdulmajid, 25 July 1955 [2]), known mononymously as Iman, is a Somali-American model and actress. A muse of the designers Gianni Versace , Thierry Mugler , Calvin Klein , Donna Karan , and Yves Saint Laurent , she is also noted for her philanthropic work.