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Texas Capital Government Money Market ETF MMKT

Is Texas Capital Government Money Market ETF Halal?

Shariah Compliance Analysis of MMKT ETF

No. As of October 2026, Texas Capital Government Money Market ETF (MMKT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MMKT was created on 2024-09-24 by Texas Capital. The fund's investment portfolio concentrates primarily on investment grade fixed income. MMKT is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation.

MMKT Shariah Compliance

As of October 2026, Texas Capital Government Money Market ETF is classified as not halal.

NOT HALAL

Texas Capital Government Money Market ETF (MMKT) Chart

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