Amana Equity Income ETF (AMEI)

Amana Equity Income ETF (AMEI) is an exchange-traded fund in the Large Value category. It has $3.65M in assets and an expense ratio of 0.76%. The fund, under normal circumstances, to invest at least 80% of its total net assets in income-producing equity securities, primarily dividend-paying common stocks. It invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance 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 prohibited by I…