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SPDR Nuveen Municipal Bond ESG ETF MBNE

Is SPDR Nuveen Municipal Bond ESG ETF Halal?

Shariah Compliance Analysis of MBNE ETF

No. As of October 2026, SPDR Nuveen Municipal Bond ESG ETF (MBNE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MBNE was created on 2022-04-04 by SPDR. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 13.17m in AUM and 34 holdings. MBNE is an actively managed fund of tax-exempt US municipal bonds that exhibit environmental, social, and governance characteristics. The portfolio holds intermediate-term bonds with varying credit quality.

MBNE Shariah Compliance

As of October 2026, SPDR Nuveen Municipal Bond ESG ETF is classified as not halal.

NOT HALAL

SPDR Nuveen Municipal Bond ESG ETF (MBNE) Chart

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