Is Nuveen New York Municipal Value Fund halal to invest in?

According to Musaffa's Shariah screening methodology, Nuveen New York Municipal Value Fund (NNY) 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.

Is Nuveen New York Municipal Value Fund a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nuveen New York Municipal Value Fund using these criteria to determine its compliance status.

Can Muslims buy shares of Nuveen New York Municipal Value Fund?

Muslim investors may consider investing in Nuveen New York Municipal Value Fund if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Nuveen New York Municipal Value Fund classified as NOT HALAL?

Musaffa determines the Shariah status of Nuveen New York Municipal Value Fund by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Nuveen New York Municipal Value Fund updated?

The Shariah compliance status of Nuveen New York Municipal Value Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Nuveen New York Municipal Value Fund become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Nuveen New York Municipal Value Fund?

You can check the latest Shariah compliance status of Nuveen New York Municipal Value Fund on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NNY Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 17, 2025

Report Source: 2025 Annual Report

Nuveen New York Municipal Value Fund. Stock Analysis NNY

United States N/A Micro Cap Report: 2025 Annual

Nuveen New York Municipal Value Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. Nuveen New York Municipal Value Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide, through investment in a professionally managed portfolio of tax-exempt New York municipal obligations, current interest income exempts from both federal and New York State and New York City personal income taxes. The Fund’s secondary investment objective is to achieve enhancement of portfolio value through investments in tax-exempt New York municipal obligations. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade at the time of investment. The company may invest approximately 20% of its managed assets in municipal securities rated below investment quality or judged to be of comparable quality. The company may invest up to 20% of its managed assets in municipal securities. The Fund's investment adviser is Nuveen Fund Advisors, LLC.

Key Statistics of Nuveen New York Municipal Value Fund (NNY)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$8.37$8.52

Today's Open

$8.48

Volume

98.57K

P/E Ratio (TTM)

50.25

52 Week Range

$7.77$8.94

Market Cap

162.80M

Avg. Volume

34.70K

Dividend Yield

Financial Metrics & Statements of Nuveen New York Municipal Value Fund (NNY)

FAQ's for Nuveen New York Municipal Value Fund (NNY)

According to Musaffa’s Shariah screening methodology, Nuveen New York Municipal Value Fund (NNY) 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.