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Invesco BulletShares 2032 Municipal Bond ETF BSMW

Is Invesco BulletShares 2032 Municipal Bond ETF Halal?

Shariah Compliance Analysis of BSMW ETF

No. As of October 2026, Invesco BulletShares 2032 Municipal Bond ETF (BSMW) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BSMW was created on 2023-03-01 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 145.27m in AUM and 1439 holdings. BSMW tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2032.

BSMW Shariah Compliance

As of October 2026, Invesco BulletShares 2032 Municipal Bond ETF is classified as not halal.

NOT HALAL

Invesco BulletShares 2032 Municipal Bond ETF (BSMW) Chart

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