As of September 2026, Vanguard Tax-Exempt Bond ETF is classified as not halal.
NOT HALAL
Is Vanguard Tax-Exempt Bond ETF Halal?
Shariah Compliance Analysis of VTEB ETF
US Fixed Income Investment Grade
No. As of September 2026, Vanguard Tax-Exempt Bond ETF (VTEB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vanguard Tax-Exempt Bond ETF does not pass Musaffa's business and financial screening criteria.
VTEB was created on 2015-08-21 by Vanguard. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 42198.24m in AUM and 9914 holdings. The fund tracks a market-value-weighted index of investment grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT.
Vanguard Tax-Exempt Bond ETF (VTEB) Chart
Key Statistics of Vanguard Tax-Exempt Bond ETF (VTEB)
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FAQ's for Vanguard Tax-Exempt Bond ETF (VTEB)
As of September 2026, Vanguard Tax-Exempt Bond ETF VTEB 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 Vanguard Tax-Exempt Bond ETF using these criteria to determine its compliance status.
The Shariah compliance status of Vanguard Tax-Exempt 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 Vanguard Tax-Exempt Bond ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.