Is AB Tax-Aware Short Duration Municipal ETF halal to invest in?

As of September 2026, AB Tax-Aware Short Duration Municipal ETF TAFI 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 AB Tax-Aware Short Duration Municipal 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 AB Tax-Aware Short Duration Municipal ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for AB Tax-Aware Short Duration Municipal ETF updated?

The Shariah compliance status of AB Tax-Aware Short Duration Municipal 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 AB Tax-Aware Short Duration Municipal 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 AB Tax-Aware Short Duration Municipal ETF?

You can check the latest Shariah compliance status of AB Tax-Aware Short Duration Municipal ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

AB Tax-Aware Short Duration Municipal ETF TAFI

TAFI Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, AB Tax-Aware Short Duration Municipal ETF is classified as not halal.

NOT HALAL

Is AB Tax-Aware Short Duration Municipal ETF Halal?

Shariah Compliance Analysis of TAFI ETF

US Fixed Income Investment Grade

No. As of September 2026, AB Tax-Aware Short Duration Municipal ETF (TAFI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AB Tax-Aware Short Duration Municipal ETF does not pass Musaffa's business and financial screening criteria.

TAFI was created on 2022-09-14 by AB Funds. The fund's investment portfolio concentrates primarily on investment grade fixed income. TAFI is an actively managed ETF that primarily invests in investment-grade municipal bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than three years.

AB Tax-Aware Short Duration Municipal ETF (TAFI) Chart

Key Statistics of AB Tax-Aware Short Duration Municipal ETF (TAFI)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

FAQ's for AB Tax-Aware Short Duration Municipal ETF (TAFI)

As of September 2026, AB Tax-Aware Short Duration Municipal ETF TAFI 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 AB Tax-Aware Short Duration Municipal ETF using these criteria to determine its compliance status.
The Shariah compliance status of AB Tax-Aware Short Duration Municipal 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 AB Tax-Aware Short Duration Municipal ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.