for more information: http://www2.standardandpoors.com/spf/pdf/index/
Shariah_factsheet.pdf?vregion=us&vlang=en.
- Amana Mutual Funds Trust is designed to provide investment alternatives that
are consistent with Islamic principles. Generally, Islamic principles require that
investors share in profit and loss, that they receive no usury or interest, and that
they do not invest in a business that is not permitted by Islamic principles. Some
of the businesses not permitted are liquor, wine, casinos, pornography, insur-
ance, gambling, pork processing, and interest-based banks or finance associa-
tions. The Funds do not make any investments that pay interest. In accordance
with Islamic principles, the Funds shall not purchase bonds, debentures, or
other interest paying obligations of indebtedness. See the Web site for further
information: http://www.amanafunds.com/amanx.html.
370 THE ART OF ISLAMIC BANKING AND FINANCE