Allied Asset Advisors — Iman Fund
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States
All 50
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Yes
Saturna Capital — Amana Funds
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States
All 50
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Yes
Overall Score
Sharia Compliance
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Allied Asset Advisors — Iman Fund — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Saturna Capital — Amana Funds — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Allied Asset Advisors — Iman Fund
Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in Independently rated 4.4/5 with particularly strong scores on Sharia compliance.
Saturna Capital — Amana Funds
The longest-running halal investment funds in the United States, founded 1986. Saturna Capital manages the Amana Funds — four AAOIFI-aligned halal mutual funds with approximately $ Independently rated 4.7/5 with particularly strong scores on Sharia compliance.
* Ratings based on independent editorial review. We may receive a referral fee if you apply through our links — this does not affect our ratings.
Overall winner: Saturna Capital — Amana Funds (4.7/5)
Amana Funds by Saturna Capital is our top recommendation for US Muslim investors seeking halal mutual funds. Its 40-year track record, $9B AUM, AAOIFI-aligned screening, and availability on all major brokerage platforms make it the most credible and accessible halal investing option in the US. The Amana Participation Fund is unique — the only halal sukuk income fund available in the US market.
Allied Asset Advisors — Iman Fund
Allied Asset Advisors and the Iman Fund are our recommendation for investors who value institutional Islamic credibility through the NAIT connection, mosques and Islamic institutions managing pooled assets, and long-term investors with a proven 25-year track record. The 10-year annualized return of ~12.9% is competitive. Strong choice for conservative long-term halal equity investing.
Full reviewSaturna Capital — Amana Funds
Amana Funds by Saturna Capital is our top recommendation for US Muslim investors seeking halal mutual funds. Its 40-year track record, $9B AUM, AAOIFI-aligned screening, and availability on all major brokerage platforms make it the most credible and accessible halal investing option in the US. The Amana Participation Fund is unique — the only halal sukuk income fund available in the US market.
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Based on Fair Meridian's independent ratings, Saturna Capital — Amana Funds scores higher overall with a 4.7/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.
Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.
Yes. Saturna Capital — Amana Funds is licensed in all 50 US states.
Allied Asset Advisors — Iman Fund: Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in 2015 grew to $33,951 by September 2025. Saturna Capital — Amana Funds: The longest-running halal investment funds in the United States, founded 1986. Saturna Capital manages the Amana Funds — four AAOIFI-aligned halal mutual funds with approximately $9 billion in assets under management. See the full rating breakdown and product comparison above.