Is JPMorgan High Yield Municipal ETF halal to invest in?

As of September 2026, JPMorgan High Yield Municipal ETF JMHI 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.

Is JPMorgan High Yield Municipal ETF a Shariah-compliant ETF?

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 JPMorgan High Yield Municipal ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for JPMorgan High Yield Municipal ETF updated?

The Shariah compliance status of JPMorgan High Yield Municipal ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like JPMorgan High Yield Municipal ETF become non-compliant?

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.

Where can I check the Shariah status of JPMorgan High Yield Municipal ETF?

You can check the latest Shariah compliance status of JPMorgan High Yield Municipal ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

JPMorgan High Yield Municipal ETF JMHI

JMHI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, JPMorgan High Yield Municipal ETF is classified as not halal.

NOT HALAL

Is JPMorgan High Yield Municipal ETF Halal?

Shariah Compliance Analysis of JMHI ETF

US Fixed Income High Yield

No. As of September 2026, JPMorgan High Yield Municipal ETF (JMHI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. JPMorgan High Yield Municipal ETF does not pass Musaffa's business and financial screening criteria.

JMHI was created on 2023-07-14 by JPMorgan. The fund's investment portfolio concentrates primarily on high yield fixed income. JMHI is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities.

JPMorgan High Yield Municipal ETF (JMHI) Chart

Key Statistics of JPMorgan High Yield Municipal ETF (JMHI)

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FAQ's for JPMorgan High Yield Municipal ETF (JMHI)

As of September 2026, JPMorgan High Yield Municipal ETF JMHI 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 JPMorgan High Yield Municipal ETF using these criteria to determine its compliance status.
The Shariah compliance status of JPMorgan High Yield Municipal 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 JPMorgan High Yield Municipal ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.