How To #Invest According To Your Religious Values: ETFs And Mutual Funds

There are investment products such as ETFs and Mutual Funds which are designed to hold investments that are compatible with religious values for Christians, Catholics, and Muslims. The Amana Growth Fund has an expense ratio of 1.10%, an SEC yield of 0.45% and a minimum investment of $250. The Amana Income Fund has an SEC yield of 1.07%, an expense ratio of 1.13% and has a minimum investment of $250. It has $1.39B in assets. There is also the Azzad Wize Capital Fund which invests in sukuk and Islamic banking deposits. It has a minimum investment of $4000 and an expense ratio of 1.29%. It has a 30-day SEC yield of 1.14% and comparable total returns to short term credit bond ETFs such as the iShares 1-3 Year Credit Bond ETF.