<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000766285</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000026568</seriesId>
        <classId>C000131515</classId>
        <classId>C000079787</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Amana Mutual Funds Trust</regName>
      <regFileNumber>811-04276</regFileNumber>
      <regCik>0000766285</regCik>
      <regLei>549300XBCMMU088YXT31</regLei>
      <regStreet1>1300 North State Street</regStreet1>
      <regCity>Bellingham</regCity>
      <regStateConditional regCountry="US" regState="US-WA"/>
      <regZipOrPostalCode>982254730</regZipOrPostalCode>
      <regPhone>3607349900</regPhone>
      <seriesName>Amana Developing World Fund</seriesName>
      <seriesId>S000026568</seriesId>
      <seriesLei>549300KIS1TDJBZ0X078</seriesLei>
      <repPdEnd>2026-05-31</repPdEnd>
      <repPdDate>2025-08-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>144191517.700000000000</totAssets>
      <totLiabs>303114.950000000000</totLiabs>
      <netAssets>143888402.750000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.000000000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.000000000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.000000000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.000000000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.000000000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.000000000000</amtPayAftOneYrOther>
      <delayDeliv>0.000000000000</delayDeliv>
      <standByCommit>0.000000000000</standByCommit>
      <liquidPref>0.000000000000</liquidPref>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000079787" rtn1="4.44" rtn2="-0.07" rtn3="3.23"/>
          <monthlyTotReturn classId="C000131515" rtn1="4.5" rtn2="-0.07" rtn3="3.29"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="364008.36" netUnrealizedAppr="5507294.79"/>
        <othMon2 netRealizedGain="-1661380.25" netUnrealizedAppr="1436549.82"/>
        <othMon3 netRealizedGain="570122.39" netUnrealizedAppr="2522594.12"/>
      </returnInfo>
      <mon1Flow redemption="2157443.33" reinvestment="0" sales="2385910.92"/>
      <mon2Flow redemption="4001721.6399999997" reinvestment="0" sales="3203202.88"/>
      <mon3Flow redemption="3334650.8899999997" reinvestment="0" sales="2211259.02"/>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Barrick Mining Corporation</name>
        <lei>N/A</lei>
        <title>Barrick Mining Corporation</title>
        <cusip>06849F108</cusip>
        <identifiers>
          <isin value="CA06849F1080"/>
          <ticker value="B"/>
        </identifiers>
        <balance>210000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1"/>
        <valUSD>5592300</valUSD>
        <pctVal>3.8865536715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infosys ADS</name>
        <lei>N/A</lei>
        <title>Infosys ADS</title>
        <cusip>456788108</cusip>
        <identifiers>
          <isin value="US4567881085"/>
          <ticker value="INFY"/>
        </identifiers>
        <balance>210000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3532200</valUSD>
        <pctVal>2.4548191046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jabil Inc</name>
        <lei>N/A</lei>
        <title>Jabil Inc</title>
        <cusip>466313103</cusip>
        <identifiers>
          <isin value="US4663131039"/>
          <ticker value="JBL"/>
        </identifiers>
        <balance>28600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5858138</valUSD>
        <pctVal>4.0713065737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monolithic Power Systems</name>
        <lei>N/A</lei>
        <title>Monolithic Power Systems</title>
        <cusip>609839105</cusip>
        <identifiers>
          <isin value="US6098391054"/>
          <ticker value="MPWR"/>
        </identifiers>
        <balance>5000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4178800</valUSD>
        <pctVal>2.9041951402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA</name>
        <lei>N/A</lei>
        <title>NVIDIA</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <isin value="US67066G1040"/>
          <ticker value="NVDA"/>
        </identifiers>
        <balance>10000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1741800</valUSD>
        <pctVal>1.2105214644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Telekomunikasi Indonesia ADS</name>
        <lei>N/A</lei>
        <title>Telekomunikasi Indonesia ADS</title>
        <cusip>715684106</cusip>
        <identifiers>
          <isin value="US7156841063"/>
          <ticker value="TLK"/>
        </identifiers>
        <balance>100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1939000</valUSD>
        <pctVal>1.3475721204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Qualcomm</name>
        <lei>N/A</lei>
        <title>Qualcomm</title>
        <cusip>747525103</cusip>
        <identifiers>
          <isin value="US7475251036"/>
          <ticker value="QCOM"/>
        </identifiers>
        <balance>24500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3937885</valUSD>
        <pctVal>2.7367633004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto ADS</name>
        <lei>N/A</lei>
        <title>Rio Tinto ADS</title>
        <cusip>767204100</cusip>
        <identifiers>
          <isin value="US7672041008"/>
          <ticker value="RIO"/>
        </identifiers>
        <balance>60000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3763200</valUSD>
        <pctVal>2.6153601875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Quimica y Minera Chile ADS</name>
        <lei>N/A</lei>
        <title>Quimica y Minera Chile ADS</title>
        <cusip>833635105</cusip>
        <identifiers>
          <isin value="US8336351056"/>
          <ticker value="SQM"/>
        </identifiers>
        <balance>90000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4095900</valUSD>
        <pctVal>2.8465810459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Copper</name>
        <lei>N/A</lei>
        <title>Southern Copper</title>
        <cusip>84265V105</cusip>
        <identifiers>
          <isin value="US84265V1052"/>
          <ticker value="SCCO"/>
        </identifiers>
        <balance>39900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3833991</valUSD>
        <pctVal>2.6645587321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Semiconductor ADS</name>
        <lei>N/A</lei>
        <title>Taiwan Semiconductor ADS</title>
        <cusip>874039100</cusip>
        <identifiers>
          <isin value="US8740391003"/>
          <ticker value="TSM"/>
        </identifiers>
        <balance>27200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6279664</valUSD>
        <pctVal>4.3642599959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unilever ADS</name>
        <lei>N/A</lei>
        <title>Unilever ADS</title>
        <cusip>904767704</cusip>
        <identifiers>
          <isin value="US9047677045"/>
          <ticker value="UL"/>
        </identifiers>
        <balance>72000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4550400</valUSD>
        <pctVal>3.1624508390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Weg S/A</name>
        <lei>N/A</lei>
        <title>Weg S/A</title>
        <cusip>ID1632408</cusip>
        <identifiers>
          <isin value="BRWEGEACNOR0"/>
          <ticker value="WEGE3 BZ"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.42185"/>
        <valUSD>4177540.79</valUSD>
        <pctVal>2.9033200106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASML Holding NY</name>
        <lei>N/A</lei>
        <title>ASML Holding NY</title>
        <cusip>N07059210</cusip>
        <identifiers>
          <isin value="USN070592100"/>
          <ticker value="ASML"/>
        </identifiers>
        <balance>5850</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4344327</valUSD>
        <pctVal>3.0192335984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimberly-Clark de Mexico, Class A</name>
        <lei>N/A</lei>
        <title>Kimberly-Clark de Mexico, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXP606941179"/>
          <ticker value="KIMBERA MM"/>
        </identifiers>
        <balance>2250000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="18.6645"/>
        <valUSD>4236117.76</valUSD>
        <pctVal>2.9440300115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Islam Malaysia Bhd</name>
        <lei>N/A</lei>
        <title>Bank Islam Malaysia Bhd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5258OO008"/>
          <ticker value="BIMB MK"/>
        </identifiers>
        <balance>1476100</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.225"/>
        <valUSD>799808.55</valUSD>
        <pctVal>0.5558533799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clicks Group</name>
        <lei>N/A</lei>
        <title>Clicks Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000134854"/>
          <ticker value="CLS SJ"/>
        </identifiers>
        <balance>205000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.64"/>
        <valUSD>4319073.46</valUSD>
        <pctVal>3.0016828163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sercomm</name>
        <lei>N/A</lei>
        <title>Sercomm</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0005388003"/>
          <ticker value="5388 TT"/>
        </identifiers>
        <balance>850000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.5695"/>
        <valUSD>2915964.95</valUSD>
        <pctVal>2.0265461943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advantech</name>
        <lei>N/A</lei>
        <title>Advantech</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002395001"/>
          <ticker value="2395 TT"/>
        </identifiers>
        <balance>328931</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.5695"/>
        <valUSD>3675589.79</valUSD>
        <pctVal>2.5544725772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delta Electronics</name>
        <lei>N/A</lei>
        <title>Delta Electronics</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002308004"/>
          <ticker value="2308 TT"/>
        </identifiers>
        <balance>320000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="30.5695"/>
        <valUSD>7372084.8</valUSD>
        <pctVal>5.1234739278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dabur India Ltd.</name>
        <lei>N/A</lei>
        <title>Dabur India Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE016A01026"/>
          <ticker value="DABUR IN"/>
        </identifiers>
        <balance>550000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="88.22315"/>
        <valUSD>3250251.4</valUSD>
        <pctVal>2.2588696086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LG Household &amp; Health Care</name>
        <lei>N/A</lei>
        <title>LG Household &amp; Health Care</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7051900009"/>
          <ticker value="051900 KS"/>
        </identifiers>
        <balance>6050</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1390.25"/>
        <valUSD>1284450.86</valUSD>
        <pctVal>0.8926715673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KPJ Healthcare</name>
        <lei>N/A</lei>
        <title>KPJ Healthcare</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5878OO003"/>
          <ticker value="KPJ MK"/>
        </identifiers>
        <balance>4825992</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.225"/>
        <valUSD>2967980.26</valUSD>
        <pctVal>2.0626959527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsung Electronics</name>
        <lei>N/A</lei>
        <title>Samsung Electronics</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7005930003"/>
          <ticker value="005930 KS"/>
        </identifiers>
        <balance>62700</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1390.25"/>
        <valUSD>3132479.27</valUSD>
        <pctVal>2.1770199753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Syarikat Takaful Malaysia Keluarga</name>
        <lei>N/A</lei>
        <title>Syarikat Takaful Malaysia Keluarga</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL6139OO009"/>
          <ticker value="STMB MK"/>
        </identifiers>
        <balance>1500000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.225"/>
        <valUSD>1076050.46</valUSD>
        <pctVal>0.7478368231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM Prime Holdings</name>
        <lei>N/A</lei>
        <title>SM Prime Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY8076N1120"/>
          <ticker value="SMPH PM"/>
        </identifiers>
        <balance>2800000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="57.145"/>
        <valUSD>1132076.4</valUSD>
        <pctVal>0.7867739014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unicharm</name>
        <lei>N/A</lei>
        <title>Unicharm</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3951600000"/>
          <ticker value="8113 JP"/>
        </identifiers>
        <balance>300000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="146.955"/>
        <valUSD>2003753.68</valUSD>
        <pctVal>1.3925748300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bangkok Dusit Medical Services NVDR</name>
        <lei>N/A</lei>
        <title>Bangkok Dusit Medical Services NVDR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0264010R10"/>
          <ticker value="BDMS-R TB"/>
        </identifiers>
        <balance>4500000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.395"/>
        <valUSD>2876661</valUSD>
        <pctVal>1.9992306155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UltraTech Cement Ltd.</name>
        <lei>N/A</lei>
        <title>UltraTech Cement Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE481G01011"/>
          <ticker value="UTCEM IN"/>
        </identifiers>
        <balance>31000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="88.22315"/>
        <valUSD>4443558.78</valUSD>
        <pctVal>3.0881980028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Otomotiv Sanayi</name>
        <lei>N/A</lei>
        <title>Ford Otomotiv Sanayi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAOTOSN91H6"/>
          <ticker value="FROTO TI"/>
        </identifiers>
        <balance>1096000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="41.1475"/>
        <valUSD>2978424.96</valUSD>
        <pctVal>2.0699548421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIM Birlesik Magazalar A.S.</name>
        <lei>N/A</lei>
        <title>BIM Birlesik Magazalar A.S.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREBIMM00018"/>
          <ticker value="BIMAS TI"/>
        </identifiers>
        <balance>360000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="41.1475"/>
        <valUSD>4638196.45</valUSD>
        <pctVal>3.2234678830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hikma Pharmaceuticals</name>
        <lei>N/A</lei>
        <title>Hikma Pharmaceuticals</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0LCW083"/>
          <ticker value="HIK LN"/>
        </identifiers>
        <balance>150000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73986"/>
        <valUSD>3622190.91</valUSD>
        <pctVal>2.5173612611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saudi Telecom</name>
        <lei>N/A</lei>
        <title>Saudi Telecom</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA0007879543"/>
          <ticker value="STC AB"/>
        </identifiers>
        <balance>350000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.7522"/>
        <valUSD>3915406.96</valUSD>
        <pctVal>2.7211414438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Manila Electric</name>
        <lei>N/A</lei>
        <title>Manila Electric</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY5764J1483"/>
          <ticker value="MER PM"/>
        </identifiers>
        <balance>428500</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="57.145"/>
        <valUSD>4011651.72</valUSD>
        <pctVal>2.7880299199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hartalega Holdings</name>
        <lei>N/A</lei>
        <title>Hartalega Holdings</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5168OO009"/>
          <ticker value="HART MK"/>
        </identifiers>
        <balance>2750000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.225"/>
        <valUSD>766845.76</valUSD>
        <pctVal>0.5329447998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indofood CBP Sukses Makmur</name>
        <lei>N/A</lei>
        <title>Indofood CBP Sukses Makmur</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000116700"/>
          <ticker value="ICBP IJ"/>
        </identifiers>
        <balance>2500000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="16490"/>
        <valUSD>1361097.49</valUSD>
        <pctVal>0.9459396755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IHH Healthcare</name>
        <lei>N/A</lei>
        <title>IHH Healthcare</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5225OO007"/>
          <ticker value="IHH MK"/>
        </identifiers>
        <balance>2200000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.225"/>
        <valUSD>3535241.6</valUSD>
        <pctVal>2.4569329650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APL Apollo Tubes Ltd</name>
        <lei>N/A</lei>
        <title>APL Apollo Tubes Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE702C01027"/>
          <ticker value="APAT IN"/>
        </identifiers>
        <balance>90000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="88.22315"/>
        <valUSD>1638092.07</valUSD>
        <pctVal>1.1384462116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wilcon Depot</name>
        <lei>N/A</lei>
        <title>Wilcon Depot</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY9584X1055"/>
          <ticker value="WLCON PM"/>
        </identifiers>
        <balance>7000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="57.145"/>
        <valUSD>1125852</valUSD>
        <pctVal>0.7824480490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-09-30</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>
