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        <invCountry>AE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHARJAH SUKUK PROGRAMME LIMITED</name>
        <lei>549300N3BQ9P6RRMVV02</lei>
        <title>SHARSK 3.854 04/03/26 EMTN</title>
        <cusip>G8110JAD3</cusip>
        <identifiers>
          <isin value="XS1969593356"/>
          <ticker value="SHARSK"/>
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        <balance>2900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3096458.04</valUSD>
        <pctVal>2.5675367420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.854000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Stc Sukuk Company Limited</name>
        <lei>549300XDIYY7XEYHTO45</lei>
        <title>STCAB 3.89 05/13/29 REGS</title>
        <cusip>G7734TAB3</cusip>
        <identifiers>
          <isin value="XS1992985694"/>
          <ticker value="STCAB"/>
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        <balance>3450000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3741732</valUSD>
        <pctVal>3.1025882685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.890000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Almarai Co</name>
        <lei>549300R2WJK99D0C8819</lei>
        <title>ALMARA 4.311 03/05/24</title>
        <cusip>G0R9ZGAA9</cusip>
        <identifiers>
          <isin value="XS1957412981"/>
          <ticker value="ALMARA"/>
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        <balance>5000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5269011.7</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.311000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAF Sukuk Ltd</name>
        <lei>549300IS9H0W5N2N4K34</lei>
        <title>MAFUAE 4.5 11/03/25</title>
        <cusip>G5765UAB6</cusip>
        <identifiers>
          <isin value="XS1308713723"/>
          <ticker value="MAFUAE"/>
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        <balance>3650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3934892.8</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saudi Electricity Global Sukuk Company 3</name>
        <lei>549300BJ6IA5S2UFVN71</lei>
        <title>SECO 4 04/08/24 144A</title>
        <cusip>80413MAA2</cusip>
        <identifiers>
          <isin value="US80413MAA27"/>
          <ticker value="SECO"/>
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        <balance>2000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2123759.28</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICD Sukuk Co. Ltd</name>
        <lei>6354009B91BDFKBMT283</lei>
        <title>INVCOR 3.508 05/21/20</title>
        <cusip>G47389AA2</cusip>
        <identifiers>
          <isin value="XS1069869839"/>
          <ticker value="INVCOR"/>
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        <balance>3225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3224741.6</valUSD>
        <pctVal>2.6739075533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.508000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EMG Sukuk Ltd.</name>
        <lei>549300ZBBW15DAXN4O07</lei>
        <title>EMAARM 4.564 06/18/24</title>
        <cusip>G31307AA2</cusip>
        <identifiers>
          <isin value="XS1075401726"/>
          <ticker value="EMAARM"/>
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        <balance>4500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4728738.06</valUSD>
        <pctVal>3.9209989464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.564000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sharjah Sukuk Ltd</name>
        <lei>549300VHQQGE2OA0DQ91</lei>
        <title>SHARSK 3.764 09/17/24</title>
        <cusip>G8110EAA0</cusip>
        <identifiers>
          <isin value="XS1106137687"/>
          <ticker value="SHARSK"/>
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        <balance>2500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2645421.78</valUSD>
        <pctVal>2.1935442143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.764000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DIFC Sukuk Limited</name>
        <lei>N/A</lei>
        <title>DIFCAE 4.325 11/12/24</title>
        <cusip>M28059AA7</cusip>
        <identifiers>
          <isin value="XS1120403313"/>
          <ticker value="DIFCAE"/>
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        <balance>5000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5262195.51</valUSD>
        <pctVal>4.3633338935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.325000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RAK CAPITAL</name>
        <lei>549300F0KUUDMGB5G459</lei>
        <title>RAKS 3.094 03/31/25 EMTN</title>
        <cusip>P30473AD7</cusip>
        <identifiers>
          <isin value="XS1210507650"/>
          <ticker value="RAKS"/>
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        <balance>1750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1780625</valUSD>
        <pctVal>1.4764676454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.094000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Noor Sukuk Company Limited</name>
        <lei>5493008H7PHKEPYBEP57</lei>
        <title>NOORBK 2.788 04/28/20 EMTN</title>
        <cusip>G6568MAA3</cusip>
        <identifiers>
          <isin value="XS1224417847"/>
          <ticker value="NOORBK"/>
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        <balance>4000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3991391.9</valUSD>
        <pctVal>3.3096025274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.788000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TNB Global Ventures Capital Berhad</name>
        <lei>5493004U8XEGPFWIBZ14</lei>
        <title>TNBMK 3.244 10/19/26 EMTN</title>
        <cusip>Y8850AAA2</cusip>
        <identifiers>
          <isin value="XS1505674918"/>
          <ticker value="TNBMK"/>
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        <balance>2790000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2948812.09</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.244000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DIB Sukuk Co Ltd</name>
        <lei>549300U3ZMUHC2JQLL56</lei>
        <title>DIBUH 2.921 06/03/20 EMTN</title>
        <cusip>G2802SAB3</cusip>
        <identifiers>
          <isin value="XS1241110300"/>
          <ticker value="DIBUH"/>
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        <balance>4500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4499663.57</valUSD>
        <pctVal>3.7310538020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.921000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SIB Sukuk Co. III Ltd.</name>
        <lei>549300VEBV0EQP2FCP08</lei>
        <title>SIB 3.084 09/08/21 EMTN</title>
        <cusip>G8118HAC1</cusip>
        <identifiers>
          <isin value="XS1477558487"/>
          <ticker value="SIB"/>
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        <balance>3000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3023884.56</valUSD>
        <pctVal>2.5073598967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.084000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Axiata SPV2 Berhad</name>
        <lei>254900P49KQFQ10AF282</lei>
        <title>AXIATA 4.357 03/24/26 EMTN</title>
        <cusip>Y0488DAC9</cusip>
        <identifiers>
          <isin value="XS1382802095"/>
          <ticker value="AXIATA"/>
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        <balance>1750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1942500</valUSD>
        <pctVal>1.6106919768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.357000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QIB Sukuk Ltd.</name>
        <lei>549300XDP1VCBZLCP049</lei>
        <title>QIBKQD 2.754 10/27/20</title>
        <cusip>G7304ZAB9</cusip>
        <identifiers>
          <isin value="XS1310192031"/>
          <ticker value="QIBKQD"/>
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        <balance>4950000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4957530.45</valUSD>
        <pctVal>4.1107101778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.754000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAF Sukuk Ltd</name>
        <lei>549300IS9H0W5N2N4K34</lei>
        <title>MAFUAE 4.5 11/03/25</title>
        <cusip>G5765UAB6</cusip>
        <identifiers>
          <isin value="XS1308713723"/>
          <ticker value="MAFUAE"/>
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        <balance>3250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3475252.39</valUSD>
        <pctVal>2.8816273574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Adding Part F" noteItem="A.1.a"/>
      <explntrNote note="Data point omitted in filing" noteItem="B.3.a"/>
      <explntrNote note="Data point omitted in filing" noteItem="B.3.b"/>
      <explntrNote note="Data point omitted in filing" noteItem="B.3.c"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-03-18</ncom:dateSigned>
      <ncom:nameOfApplicant>Amana Mutual Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Christopher Fankhauser</ncom:signature>
      <ncom:signerName>Christopher Fankhauser</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
