Why Iman Fund?

Iman Fund is designed to help our shareholders adhere to Islamic principles while investing to building wealth to benefit their families and communities.

Experience and Community Connection

Iman Fund is distinct among other available halal investment options because it is managed by Allied Asset Advisors (AAA), an SEC-registered investment advisor that is a wholly-owned subsidiary of the North American Islamic Trust (NAIT). NAIT is a tax exempt 501(c)3 national nonprofit organization established in 1973 as a waqf (trust/endowment) institution serving the American Muslim community. 

Our connection with NAIT has provided us with knowledge of the operational and financial intricacies within nonprofit institutions. This helps us intimately understand their goals and priorities. Our team members have considerable insight into nonprofit management and challenges through individual participation in leadership positions at various community institutions throughout America.

Strict Shariah Compliance

Iman Fund strictly adheres to Islamic principles of investments and finance. To ensure full shar’iah compliance, stocks are selected after a meticulous, thoughtful, and analytical process. Our fund manager, Dr. Bassam Osman, strives to stay well below the approved financial ratios and allowances.

Due Diligence and Rigorous Vetting

Seek to identify high quality securities with potential to have a notable positive impact on the Fund’s performance.

Conduct rigorous research and vetting, processes we’ve optimized over time.

People-Centered Investing

Measure performance not only by traditional Return on Investment, but also companys’ potential to positively impact the community.

Invest in ethical economic activity and profitable businesses that create employment and improve individuals’ lives.

Expanding Pool of Available Assets

Islamic finance is one of the fastest growing industries globally, totaling $2.2 trillion in 2021 according to S&P Global Ratings.

Number of halal assets passing our screens is expanding the opportunity to diversify your portfolio for better long-term growth. 


As an investor, you know the assets we invest in, how the portfolio is structured, and how it is performing month to month compared to our benchmarks.

Transparency is one of our highest ethical standards and we believe it is integral to establishing trust with our investors. 

Active Portfolio Management

Iman Fund is an actively-managed portfolio with a seasoned portfolio manager, Dr. Bassam Osman. Dr. Osman has a long track record in shari’ah-compliant investing. He selects halal stocks that we believe have the potential to perform well over the long term. This belief is grounded in multiple factors, including anticipated value and record of earnings growth. Active management enables the Fund to take advantage of future opportunities in the market while staying true to Islamic principles. It also enables continuous monitoring of the securities to ensure shari’ah compliance.


Iman Fund offers diversification with a portfolio of over 100 shari’ah-compliant companies in diverse business sectors. Diversification helps increase investment options as well as balance within the portfolio. 

Continuous, Hi-Tech Monitoring

Dr. Osman and the AAA team continually monitor qualified companies to ensure they maintain the status of good, ethical performance and ongoing shari’ah compliance. Formal quarterly reviews of the portfolio are also performed with the guidance of the Shari’ah Board.  

We monitor markets and client investments on a daily basis using performance monitoring software. This allows us to examine price movements, liquidity, trading events, industry trends, and overall market status to make strategic decisions for your portfolio. Furthermore, it allows us an opportunity for rebalancing to keep the portfolio in line with our investment philosophy or assess if tactical decisions are required. 

Low Expenses

Iman Fund is a no-load growth fund with a competitive fee structure to manage your investments.  

Accessibility and Flexibility

Iman Fund offers flexible options. You can manage your account, make purchases, and withdraw funds online, by mail, or phone. Our customer service team is available with prompt phone and live chat support through the website from 8 AM to 5 PM CST.

Iman Fund can be purchased directly from us or through one of our broker partners, which include Charles Schwab, TDAmeritrade, Vanguard, E-Trade, and Fidelity.

Ready to invest with us or make changes to your account?
We're glad to help.

Ready to open an account?

There are three ways you can open an account and invest in Iman Fund.

1. Directly with us by mail, see the applications below.

2. Online with one of our broker partners.

3. Through your financial advisor.