Is PIMCO Short Term Municipal Bond Active ETF halal to invest in?

As of September 2026, PIMCO Short Term Municipal Bond Active ETF SMMU 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 PIMCO Short Term Municipal Bond Active 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 PIMCO Short Term Municipal Bond Active ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for PIMCO Short Term Municipal Bond Active ETF updated?

The Shariah compliance status of PIMCO Short Term Municipal Bond Active 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 PIMCO Short Term Municipal Bond Active 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 PIMCO Short Term Municipal Bond Active ETF?

You can check the latest Shariah compliance status of PIMCO Short Term Municipal Bond Active ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

PIMCO Short Term Municipal Bond Active ETF SMMU

SMMU Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, PIMCO Short Term Municipal Bond Active ETF is classified as not halal.

NOT HALAL

Is PIMCO Short Term Municipal Bond Active ETF Halal?

Shariah Compliance Analysis of SMMU ETF

US Fixed Income Investment Grade

No. As of September 2026, PIMCO Short Term Municipal Bond Active ETF (SMMU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. PIMCO Short Term Municipal Bond Active ETF does not pass Musaffa's business and financial screening criteria.

SMMU was created on 2010-02-01 by PIMCO. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 972.44m in AUM and 332 holdings. SMMU is an actively managed fund that provides tax-exempt income through investment-grade short-term municipal bonds.

PIMCO Short Term Municipal Bond Active ETF (SMMU) Chart

Key Statistics of PIMCO Short Term Municipal Bond Active ETF (SMMU)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for PIMCO Short Term Municipal Bond Active ETF (SMMU)

As of September 2026, PIMCO Short Term Municipal Bond Active ETF SMMU 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 PIMCO Short Term Municipal Bond Active ETF using these criteria to determine its compliance status.
The Shariah compliance status of PIMCO Short Term Municipal Bond Active 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 PIMCO Short Term Municipal Bond Active ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.