Is iShares Long-Term National Muni Bond ETF halal to invest in?

As of September 2026, iShares Long-Term National Muni Bond ETF LMUB 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 iShares Long-Term National Muni Bond 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 iShares Long-Term National Muni Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares Long-Term National Muni Bond ETF updated?

The Shariah compliance status of iShares Long-Term National Muni Bond 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 iShares Long-Term National Muni Bond 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 iShares Long-Term National Muni Bond ETF?

You can check the latest Shariah compliance status of iShares Long-Term National Muni Bond ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares Long-Term National Muni Bond ETF LMUB

LMUB Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares Long-Term National Muni Bond ETF is classified as not halal.

NOT HALAL

Is iShares Long-Term National Muni Bond ETF Halal?

Shariah Compliance Analysis of LMUB ETF

US Fixed Income Investment Grade

No. As of September 2026, iShares Long-Term National Muni Bond ETF (LMUB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares Long-Term National Muni Bond ETF does not pass Musaffa's business and financial screening criteria.

LMUB was created on 2025-03-17 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. LMUB is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration. Holdings are market-value weighted.

iShares Long-Term National Muni Bond ETF (LMUB) Chart

Key Statistics of iShares Long-Term National Muni Bond ETF (LMUB)

Today's Open

AUM

Avg. Volume

Expense Ratio

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P/B Ratio

FAQ's for iShares Long-Term National Muni Bond ETF (LMUB)

As of September 2026, iShares Long-Term National Muni Bond ETF LMUB 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 iShares Long-Term National Muni Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares Long-Term National Muni 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 iShares Long-Term National Muni Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.