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Amana Mutual Funds
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Amana Mutual Funds The Amana Funds invest according to Islamic principles. Generally, these principles require that investors avoid interest (riba) and investments in businesses such as liquor, pornography, gambling, and banks. The Funds avoid bonds and other fixed-income securities. The Funds seek protection against inflation by making long-term equity investments. Of course, no mutual fund can guarantee that it will achieve its objectives. Added on February 12, 2004 and last updated 7 years ago
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