Halal Finance

AMEI: Amana Equity Income ETF

Dividend / equity income (actively managed) from Saturna Capital (Amana ETFs), 0.76% MER, bought in USD on a US exchange.

Fund facts

Figures as of November 1, 2026; fee confirmed on the provider’s own page.

Provider
Saturna Capital (Amana ETFs)
Type
Dividend / equity income (actively managed)
Listing
Nasdaq · USD
MER
0.76%
Management
Actively managed (no index to track)

What it tracks & who certifies it

Saturna's Amana Islamic screening with active stock selection (no index).

How Canadians buy AMEI

USD via a US exchange, any Canadian broker with US market access; RRSP gets the treaty withholding exemption.

Listed June 24, 2026. Fee 0.76% per Saturna and the June 2026 prospectus. Assets not yet confirmed.

Compare AMEI against every halal ETF (fees on your amount) →

Common questions

Is AMEI Shariah-compliant (halal)?

AMEI is screened as follows: Saturna's Amana Islamic screening with active stock selection (no index). Screening standards differ between index families, so verify the methodology against the standard you follow before investing.

What does AMEI cost per year?

The management expense ratio is 0.76% per year: about $76 annually on a $10,000 holding, deducted inside the fund rather than billed to you.

Can Canadians hold AMEI in a TFSA or RRSP?

Yes, in registered accounts at any Canadian broker with US-market access. In an RRSP the Canada–US treaty waives the 15% US withholding tax on distributions; a TFSA, FHSA or RESP gets no treaty relief, so 15% comes off every distribution.

Educational information, not investment advice and not a fatwa. Holdings, yields and fees are dated snapshots that change; always confirm on the official fund page and verify the Shariah screening against the standard you follow. Questions or stale numbers? [email protected].