Islamic ethics and values are the foundation of our investment philosophy. This means that we invest in high quality, clean industries that are considered ethical both in terms of the “category” of business, and the “practices” of that business. Our experts engage in ongoing, meticulous research thoroughly examining each potential asset to qualify it as “halal” or Islamically permissible and ready for investment.
During this process, we also exclude companies that generate substantial income from manufacturing, production, and sales of products or services such as alcohol, pork, adult entertainment, banking industry, gambling, weapons, and defense.
The four goals of our investment philosophy are:
1. Produce long-term equity-like returns with less volatility than equities
2. Minimize frequency and magnitude of losses
3. Maintain a consistent portfolio philosophy of broad diversification and rebalancing
4. Adhere completely to Islamic investing principles
The principle of diversification of depth and breadth is at the core of our investment decisions. We include indepth analysis of the ethical and financial standing, cash flow, and market capitalization of the companies we select. If a company earns a substantial income from interest or is under considerable debt, we remove it as a potential investment opportunity.
We seek to invest in large-cap stocks with a blend of some mid-and small-cap securities to offer a balance of company sizes. (Please note, the Fund does not include any fixed-income securities.) Under normal circumstances, we aim to fully invest the your portfolios’ assets in securities, however, in certain cases, any uninvested cash may be held in non-interest bearing deposits or invested back when appropriate.
We take a highly-disciplined approach toward selecting securities, focusing on those high-quality ones that are, in our opinion, positioned as more resilient. In our experience, companies involved in ethical businesses and business practices tend to be more sustainable and offer better potential outcomes and growth opportunities.
Among the securities that meet Islamic principles, our portfolio manager carefully determines a security’s attractiveness based on a long-term value potential and history of growth rather than following short-term trends.
On behalf of our investors, we continually and closely monitor our portfolio to ensure that every company in it maintains its halal qualification status over time, while also offering competitive market value.
The Fund invests in foreign securities, which involve greater volatility and political, economic, and currency risks and differences in accounting methods. It is possible that the Islamic Shari’ah restrictions placed on investments and reflected in the main investment strategies may result in the Fund not performing as well as mutual funds not subject to such restrictions.
Past performance is not indicative of future results.
Diversification does not assure a profit or protect against a loss in a declining market.
The Fund is not available for sale to investors residing outside the United States.
The prospectus contains more complete information, including risks, fees, and expenses related to an ongoing investment in the Fund. You may also receive the prospectus or summary prospectus by calling (877) 417-6161. Please read the prospectus carefully before you invest or send money.
While the fund is no-load, management fees and other expenses still apply. Please refer to the prospectus for further details.
Allied Asset Advisors, LLC, an SEC registered investment advisor, is advisor to Iman Fund.
Iman Fund is distributed by Quasar Distributors, LLC.
The Iman FundAllied Asset Advisors, Inc.8925 S. Kostner AvenueHometown, IL 60456
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Call: (877) 417-6161 Office: (630) 789-0453 Fax: (630) 789-9455