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VanEck HIP Sustainable Muni ETF SMI

Is VanEck HIP Sustainable Muni ETF Halal?

Shariah Compliance Analysis of SMI ETF

No. As of October 2026, VanEck HIP Sustainable Muni ETF (SMI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SMI was created on 2021-09-08 by VanEck. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 11.18m in AUM and 36 holdings. SMI is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development.

SMI Shariah Compliance

As of October 2026, VanEck HIP Sustainable Muni ETF is classified as not halal.

NOT HALAL

VanEck HIP Sustainable Muni ETF (SMI) Chart

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