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Invesco BulletShares 2028 Municipal Bond ETF BSMS

Is Invesco BulletShares 2028 Municipal Bond ETF Halal?

Shariah Compliance Analysis of BSMS ETF

No. As of October 2026, Invesco BulletShares 2028 Municipal Bond ETF (BSMS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BSMS was created on 2019-09-25 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 250.22m in AUM and 1792 holdings. BSMS tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2028.

BSMS Shariah Compliance

As of October 2026, Invesco BulletShares 2028 Municipal Bond ETF is classified as not halal.

NOT HALAL

Invesco BulletShares 2028 Municipal Bond ETF (BSMS) Chart

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