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Ameen Housing Co-operative vs Saturna Capital — Amana Funds: Islamic Finance Comparison

Ameen Housing Co-operative

4.3
VS

Saturna Capital — Amana Funds

4.7
Higher Rated

Ameen Housing Co-operative

Profit Rate

6.75% – 7.75%

Min Down

20%

States

7 states

Verified

Yes

mortgage

Saturna Capital — Amana Funds

Profit Rate

Contact for rates

Min Down

Contact

States

All 50

Verified

Yes

investinginvestinginvestinginvesting

Detailed Rating Comparison

Ameen Housing Co-operativeCategorySaturna Capital — Amana Funds
4.3

Overall Score

4.7
4.7

Sharia Compliance

4.6
4.4

Transparency

4.8
4.5

Customer Service

4.5

States Served

Ameen Housing Co-operative — 7 States

CATXWAORNVAZCO

Saturna Capital — Amana Funds — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Fair Meridian Verdict

Ameen Housing Co-operative

California-based Islamic housing cooperative founded in 1980. One of the earliest halal housing providers in the US, serving the Bay Area and West Coast Muslim community for over 4 Independently rated 4.3/5 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.

Apply at AmeenFull Review
Apply at SaturnaFull Review

Fair Meridian Verdict: Ameen Housing Co-operative vs Saturna Capital — Amana Funds

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.

Ameen Housing Co-operative

Ameen Housing is our recommendation for Bay Area Muslim buyers who value the cooperative model and community membership over transaction speed. Its 45-year history in the California Muslim community is a testament to its integrity. For buyers who need fast financing, Guidance Residential or UIF are better fits.

Full review

Saturna 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 review

Ratings based on independent editorial research. No provider pays to receive a higher score.

Who Should Choose Each Provider?

Choose Ameen Housing Co-operative if…

  • You are buying near Fremont and want in-person service
  • California-based Islamic housing cooperative founded in 1980

Choose Saturna Capital — Amana Funds if…

  • You are buying in any of the 50 US states
  • You want the highest-rated Islamic finance provider (4.7/5)
  • You are buying near Bellingham and want in-person service
  • The longest-running halal investment funds in the United States, founded 1986

State Coverage Comparison

Ameen Housing Co-operative — 7 States

CATXWAORNVAZCO

Saturna Capital — Amana Funds — All 50 States

Saturna Capital — Amana Funds is licensed in all 50 US states. See local options by state →

Frequently Asked Questions

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.

Ameen Housing Co-operative serves 7 states: CA, TX, WA, OR, NV, AZ, CO.

Yes. Saturna Capital — Amana Funds is licensed in all 50 US states.

Ameen Housing Co-operative: California-based Islamic housing cooperative founded in 1980. One of the earliest halal housing providers in the US, serving the Bay Area and West Coast Muslim community for over 45 years. 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.

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