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Dimensional National Municipal Bond ETF DFNM

Is Dimensional National Municipal Bond ETF Halal?

Shariah Compliance Analysis of DFNM ETF

No. As of October 2026, Dimensional National Municipal Bond ETF (DFNM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DFNM was created on 2021-11-15 by Dimensional. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1910.36m in AUM and 1091 holdings. DFNM is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax.

DFNM Shariah Compliance

As of October 2026, Dimensional National Municipal Bond ETF is classified as not halal.

NOT HALAL

Dimensional National Municipal Bond ETF (DFNM) Chart

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