MIY Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 16, 2025
Report Source: 2025 Annual Report
Blackrock Muniyield Michigan Quality Fund Inc. Stock Analysis MIY
Blackrock Muniyield Michigan Quality Fund Inc is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. BlackRock MuniYield Michigan Quality Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes and Michigan income taxes. Under normal market conditions, the Fund invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund may invest up to 20% of its managed assets in securities. The Fund invests in various sectors, such as education, health, state, state, utilities, transportation, housing, county/city/special district/school district, and tobacco. The Fund's investment adviser is BlackRock Advisors, LLC.
Read More Blackrock Muniyield Michigan Quality Fund Inc (MIY) Chart
Key Statistics of Blackrock Muniyield Michigan Quality Fund Inc (MIY)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$11.85Volume
71.30KP/E Ratio (TTM)
-52 Week Range
Market Cap
349.89MAvg. Volume
66.66KDividend Yield
1.51%Financial Metrics & Statements of Blackrock Muniyield Michigan Quality Fund Inc (MIY)
FAQ's for Blackrock Muniyield Michigan Quality Fund Inc (MIY)
- According to Musaffa’s Shariah screening methodology, Blackrock Muniyield Michigan Quality Fund Inc (MIY) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.