Is iShares New York Muni Bond ETF halal to invest in?

As of September 2026, iShares New York Muni Bond ETF NYF 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 iShares New York Muni 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 iShares New York Muni Bond ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for iShares New York Muni Bond ETF updated?

The Shariah compliance status of iShares New York Muni 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 iShares New York Muni 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 iShares New York Muni Bond ETF?

You can check the latest Shariah compliance status of iShares New York Muni Bond ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

iShares New York Muni Bond ETF NYF

NYF Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, iShares New York Muni Bond ETF is classified as not halal.

NOT HALAL

Is iShares New York Muni Bond ETF Halal?

Shariah Compliance Analysis of NYF ETF

US Fixed Income Investment Grade

No. As of September 2026, iShares New York Muni Bond ETF (NYF) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. iShares New York Muni Bond ETF does not pass Musaffa's business and financial screening criteria.

NYF was created on 2007-10-04 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1047.65m in AUM and 735 holdings. NYF tracks a market-value-weighted index of investment-grade debt issued by New York governments and agencies whose interest is exempt from US and New York tax.

iShares New York Muni Bond ETF (NYF) Chart

Key Statistics of iShares New York Muni Bond ETF (NYF)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for iShares New York Muni Bond ETF (NYF)

As of September 2026, iShares New York Muni Bond ETF NYF 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 iShares New York Muni Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of iShares New York Muni 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 iShares New York Muni Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.