AMEM: Amana Developing World ETF
Emerging-markets equity (actively managed) from Saturna Capital (Amana ETFs), 0.91% 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
- Emerging-markets equity (actively managed)
- Listing
- Nasdaq · USD
- MER
- 0.91%
- 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 AMEM
USD via a US exchange, any Canadian broker with US market access; RRSP gets the treaty withholding exemption.
Listed June 24, 2026. Fee 0.91% per Saturna and the June 2026 prospectus. The only US-listed dedicated halal emerging-markets ETF found. Assets not yet confirmed.
Compare AMEM against every halal ETF (fees on your amount) →
Common questions
Is AMEM Shariah-compliant (halal)?
AMEM 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 AMEM cost per year?
The management expense ratio is 0.91% per year: about $91 annually on a $10,000 holding, deducted inside the fund rather than billed to you.
Can Canadians hold AMEM 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.