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Nuveen Municipal Income ETF NUMI

Is Nuveen Municipal Income ETF Halal?

Shariah Compliance Analysis of NUMI ETF

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

NUMI was created on 2025-01-22 by Nuveen. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 65.74m in AUM and 234 holdings. NUMI seeks to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds of any credit quality. The fund maintains an overall weighted average maturity of greater than 10 years.

NUMI Shariah Compliance

As of October 2026, Nuveen Municipal Income ETF is classified as not halal.

NOT HALAL

Nuveen Municipal Income ETF (NUMI) Chart

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