Macquarie National High-Yield Municipal Bond ETF HTAX
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
HTAX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Macquarie National High-Yield Municipal Bond ETF is classified as not halal.
NOT HALAL
Is Macquarie National High-Yield Municipal Bond ETF Halal?
Shariah Compliance Analysis of HTAX ETF
US Fixed Income High Yield No. As of September 2026, Macquarie National High-Yield Municipal Bond ETF (HTAX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Macquarie National High-Yield Municipal Bond ETF does not pass Musaffa's business and financial screening criteria.
HTAX was created on 2025-03-05 by Nomura. The fund's investment portfolio concentrates primarily on high yield fixed income. HTAX seeks to provide federal tax-exempt current income through an actively managed portfolio of US high-yield municipal bonds with varying maturities. The fund maintains a dollar-weighted average maturity between 5 and 30 years.
Macquarie National High-Yield Municipal Bond ETF (HTAX) Chart
Key Statistics of Macquarie National High-Yield Municipal Bond ETF (HTAX)
Today's Open
-AUM
-Avg. Volume
-Expense Ratio
-P/E Ratio
-P/B Ratio
-FAQ's for Macquarie National High-Yield Municipal Bond ETF (HTAX)
- As of September 2026, Macquarie National High-Yield Municipal Bond ETF HTAX 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 Macquarie National High-Yield Municipal Bond ETF using these criteria to determine its compliance status.
- The Shariah compliance status of Macquarie National High-Yield 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 Macquarie National High-Yield Municipal Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.