The Amana Income Fund Institutional Class (AMINX) is a mutual fund that primarily invests in a diversified portfolio of income-generating securities, such as stocks and bonds. It is designed for institutional investors and aims to provide long-term capital appreciation and regular income. The fund follows the principles of Islamic finance, avoiding investments in companies involved in activities such as gambling, alcohol, and tobacco. With a focus on income and risk management, the Amana Income Fund Institutional Class offers a conservative approach to investing for those seeking a halal investment option.
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