As of September 2026, Amana Equity Income ETF is classified as halal.
HALAL
Is Amana Equity Income ETF Halal?
Shariah Compliance Analysis of AMEI ETF
US Equity Total Market
Yes. As of September 2026, Amana Equity Income ETF (AMEI) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Amana Equity Income ETF passes Musaffa's business and financial screening criteria.
AMEI was created on 2026-06-24 by Amana. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 5.0m in AUM and 32 holdings. AMEI is an actively managed portfolio of dividend-paying stocks globally, of companies considered to be compliant with Islamic principles. The ETF seeks to provide current income.
Amana Equity Income ETF (AMEI) Chart
Key Statistics of Amana Equity Income ETF (AMEI)
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FAQ's for Amana Equity Income ETF (AMEI)
As of September 2026, Amana Equity Income ETF AMEI is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Amana Equity Income ETF using these criteria to determine its compliance status.
The Shariah compliance status of Amana Equity Income ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Amana Equity Income ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.