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The Iman Fund,

721 Enterprise Drive, Oak Brook, IL 60523View on Map

Description

The Iman Fund invests in Shariah -compliant companies, in response to the needs of Muslim investors, who not only want to have a financially rewarding investment, but a Shariah compatible one as well. Since June 2000, IMANX has provided Muslims with an investment option based on Islamic principles. The Iman Fund is offered by Allied Asset Advisors. The Fund seeks growth of capital while adhering to Islamic principles. The Iman Fund comprises investments that meet Islamic principles. Under the normal circumstances, the Fund invests its net assets in domestic and foreign securities chosen by its Investment Advisor that meet Islamic principles. Islamic principles generally preclude investments in certain industries (e.g. alcohol, pornography and gambling) and investments in interest bearing debt obligations or businesses that derive a substantial amount of interest income.

Basic Details

  • Financial Planning
  • Investment Management
  • 15 - 20 Years
  • 721 Enterprise Drive
  • N/A

Location