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

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

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

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

You can check the latest Shariah compliance status of AB Tax-Aware Intermediate 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 Intermediate Municipal ETF TAFM

TAFM Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

Is AB Tax-Aware Intermediate Municipal ETF Halal?

Shariah Compliance Analysis of TAFM ETF

US Fixed Income Broad Credit

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

TAFM was created on 2023-12-13 by AB Funds. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 436.47m in AUM and 433 holdings. TAFM is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years.

AB Tax-Aware Intermediate Municipal ETF (TAFM) Chart

Key Statistics of AB Tax-Aware Intermediate Municipal ETF (TAFM)

Today's Open

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Avg. Volume

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FAQ's for AB Tax-Aware Intermediate Municipal ETF (TAFM)

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