Distributing Zakah
The amount of zakah you actually distribute
remains your decision. You may redeem shares
from an account that you specify, or transfer
shares into a charity’s account, or use any other
financial resource available to you.
To receive a copy of our Zakah
brochure and application, please fill out the following form.
You may also download the
brochure (including application)
or application which
you can fax to us at (360) 734-0755.
Note: Because we need your written signature, we cannot process a request to calculate Zakah over the
internet.
Investor will specify the account(s)
from which any zakah amount is to
be debited, along with the amount
of zakah to be distributed to Investor.
The Investor may also elect to
transfer/exchange shares in Saturna Capital-managed investment
products into existing charitable
accounts as a zakah donation. If a
charity does not have an account,
it may choose to open one in
accordance with the limitations
in the prospectus. Saturna Capital
and Amana Mutual Funds Trust will not be responsible for obtaining donation records for tax purposes from 501(c)(3) organizations that are the beneficiaries of an investor’s zakah. Saturna Capital and Amana Mutual Funds Trust do not recommend or endorse any charity.
Zakah guide compiled by M. Yaqub Mirza, Ph.D., & Saturna
Capital Corporation.
The methodology for zakah calculation discussed
herein has been reviewed and approved by the Fiqh
Council of North America, Sharia Consultants to
Amana Mutual Funds Trust. Scholarly references
available on request.
Amana Mutual Funds Trust, Saturna Capital Corporation, and Saturna Brokerage Services, respectively, do not make any warranty, express or implied, and they disclaim any warranty about (i) the results to be obtained by any person in connection with the use of the zakah calculation method outlined
above (“How We Estimate Zakah”);
(ii) the accuracy or completeness
of the zakah calculation; and (iii)
its compliance with sharia law and
other Islamic principles. Amana
Mutual Funds Trust, Saturna Capital
Corporation, and Saturna Brokerage
Services will not be liable for any
errors or omissions in the zakah calculation.
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