Is Mairs & Power Minnesota Municipal Bond ETF halal to invest in?

As of September 2026, Mairs & Power Minnesota Municipal Bond ETF MINN 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 Mairs & Power Minnesota Municipal 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 Mairs & Power Minnesota Municipal Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Mairs & Power Minnesota Municipal Bond ETF updated?

The Shariah compliance status of Mairs & Power Minnesota Municipal 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 Mairs & Power Minnesota Municipal 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 Mairs & Power Minnesota Municipal Bond ETF?

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

Mairs & Power Minnesota Municipal Bond ETF MINN

MINN Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Mairs & Power Minnesota Municipal Bond ETF is classified as not halal.

NOT HALAL

Is Mairs & Power Minnesota Municipal Bond ETF Halal?

Shariah Compliance Analysis of MINN ETF

US Fixed Income Investment Grade

No. As of September 2026, Mairs & Power Minnesota Municipal Bond ETF (MINN) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mairs & Power Minnesota Municipal Bond ETF does not pass Musaffa's business and financial screening criteria.

MINN was created on 2021-03-11 by Mairs & Power. The fund's investment portfolio concentrates primarily on investment grade fixed income. MINN is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax.

Mairs & Power Minnesota Municipal Bond ETF (MINN) Chart

Key Statistics of Mairs & Power Minnesota Municipal Bond ETF (MINN)

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FAQ's for Mairs & Power Minnesota Municipal Bond ETF (MINN)

As of September 2026, Mairs & Power Minnesota Municipal Bond ETF MINN 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 Mairs & Power Minnesota Municipal Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Mairs & Power Minnesota 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 Mairs & Power Minnesota Municipal Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.