Is WisdomTree High Income Laddered Municipal Fund halal to invest in?

As of September 2026, WisdomTree High Income Laddered Municipal Fund WTMY 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 WisdomTree High Income Laddered Municipal Fund 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 WisdomTree High Income Laddered Municipal Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for WisdomTree High Income Laddered Municipal Fund updated?

The Shariah compliance status of WisdomTree High Income Laddered Municipal Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of WisdomTree High Income Laddered Municipal Fund?

You can check the latest Shariah compliance status of WisdomTree High Income Laddered Municipal Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

WisdomTree High Income Laddered Municipal Fund WTMY

WTMY Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, WisdomTree High Income Laddered Municipal Fund is classified as not halal.

NOT HALAL

Is WisdomTree High Income Laddered Municipal Fund ETF Halal?

Shariah Compliance Analysis of WTMY ETF

US Fixed Income Broad Credit

No. As of September 2026, WisdomTree High Income Laddered Municipal Fund (WTMY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. WisdomTree High Income Laddered Municipal Fund does not pass Musaffa's business and financial screening criteria.

WTMY was created on 2025-04-03 by WisdomTree. The fund's investment portfolio concentrates primarily on broad credit fixed income. WTMY aims to provide federal tax-exempt current income through an actively managed portfolio of US municipal bonds with varying credit ratings. The fund seeks to maintain an average portfolio duration between five and ten years.

WisdomTree High Income Laddered Municipal Fund (WTMY) Chart

Key Statistics of WisdomTree High Income Laddered Municipal Fund (WTMY)

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FAQ's for WisdomTree High Income Laddered Municipal Fund (WTMY)

As of September 2026, WisdomTree High Income Laddered Municipal Fund WTMY 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 WisdomTree High Income Laddered Municipal Fund using these criteria to determine its compliance status.
The Shariah compliance status of WisdomTree High Income Laddered Municipal Fund 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 WisdomTree High Income Laddered Municipal Fund on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.