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