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JPMorgan Ultra-Short Municipal Income ETF JMST

Is JPMorgan Ultra-Short Municipal Income ETF Halal?

Shariah Compliance Analysis of JMST ETF

No. As of October 2026, JPMorgan Ultra-Short Municipal Income ETF (JMST) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

JMST was created on 2018-10-16 by JPMorgan. The fund's investment portfolio concentrates primarily on investment grade fixed income. JMST is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less.

JMST Shariah Compliance

As of October 2026, JPMorgan Ultra-Short Municipal Income ETF is classified as not halal.

NOT HALAL

JPMorgan Ultra-Short Municipal Income ETF (JMST) Chart

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