
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us

Invesco BulletShares 2029 Municipal Bond ETF BSMT
BSMT Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Invesco BulletShares 2029 Municipal Bond ETF is classified as not halal.
NOT HALAL
Is Invesco BulletShares 2029 Municipal Bond ETF Halal?
Shariah Compliance Analysis of BSMT ETF
No. As of September 2026, Invesco BulletShares 2029 Municipal Bond ETF (BSMT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Invesco BulletShares 2029 Municipal Bond ETF does not pass Musaffa's business and financial screening criteria.
BSMT was created on 2019-09-25 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 232.82m in AUM and 1517 holdings. BSMT tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2029.
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) Chart
Key Statistics of Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
- As of September 2026, Invesco BulletShares 2029 Municipal Bond ETF BSMT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Invesco BulletShares 2029 Municipal Bond ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Invesco BulletShares 2029 Municipal Bond ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
- Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
- You can check the latest Shariah compliance status of Invesco BulletShares 2029 Municipal Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
