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Northern Trust 2035 Tax-Exempt Distributing Ladder ETF MUNB

Is Northern Trust 2035 Tax-Exempt Distributing Ladder ETF Halal?

Shariah Compliance Analysis of MUNB ETF

No. As of October 2026, Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

MUNB was created on 2025-08-18 by Northern Funds. The fund's investment portfolio concentrates primarily on investment grade fixed income. MUNB seeks to provide regular cash distributions consisting of tax-exempt income and/or principal through an actively managed, laddered portfolio of US investment grade municipal bonds with various maturity dates through the year 2035.

MUNB Shariah Compliance

As of October 2026, Northern Trust 2035 Tax-Exempt Distributing Ladder ETF is classified as not halal.

NOT HALAL

Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) Chart

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