Amanah KiwiSaver

Amanah Ethical is a boutique fund management group based in Auckland. It specialises in providing ethical investment solutions.

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If you’re considering opening a KiwiSaver fund with Amanah, check out Canstar’s latest Star Ratings for its products.

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Types of Amanah KiwiSaver

Amanah KiwiSaver Plan has one KiwiSaver fund, Amanah Growth Fund, which invests in accordance with its ethical investment mandate. The mandate provides for socially responsible/ethical investment policies, and requires all investments to comply with the rules on permitted business activities and business financial requirements defined by the AAOIFI Shari’ah standards.

All of Amanah’s investments are prohibited from the following activities:

• Money lending

• Gambling and speculative investments (this excludes high-risk investment products)

• Derivatives

• Alcohol

• Tobacco

• Weapons of war

• Adult entertainment

• Pork

• Leverage (i.e. borrowing against investors’ money, not assets)

Eligibility to open a Amanah KiwiSaver account

Most New Zealanders can join KiwiSaver. Find out if you’re eligible on the government’s KiwiSaver website.

Join or transfer to a Amanah KiwiSaver account

Apply online on the Amanah website.

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Written by: Bruce Pitchers | Last updated: November 2, 2020