Amana Developing World ETF (AMEM)

Amana Developing World ETF (AMEM) is an exchange-traded fund in the Diversified Emerging Mkts category. It has $4.05M in assets and an expense ratio of 0.91%. Under normal circumstances, the fund invests at least 80% of total net assets in common stocks of companies with significant exposure to countries with developing economies and/or markets. 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 Islamic principles. The fund is non-diversified.