RFM Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 20, 2026
Report Source: 2026 2nd Quarter Report
R
Rivernorth Flexible Municipal Income Fund Inc. Stock Analysis RFM
Rivernorth Flexible Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in West Palm Beach, Florida. The company went IPO on 2020-03-27. Rivernorth Flexible Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income exempt from regular United States federal income taxes. Its secondary investment objective is total return. The Fund’s secondary investment objective is total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing, directly or indirectly, at least 80% of its Managed Assets in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. federal income tax purposes, except that the interest may be includable in taxable income for purposes of the Federal alternative minimum tax. The Fund’s investment adviser is RiverNorth Capital Management, LLC.
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Key Statistics of Rivernorth Flexible Municipal Income Fund Inc (RFM)
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
$14.67Volume
3105.00P/E Ratio (TTM)
-52 Week Range
Market Cap
88.17MAvg. Volume
13.57KDividend Yield
7.12%Financial Metrics & Statements of Rivernorth Flexible Municipal Income Fund Inc (RFM)
FAQ's for Rivernorth Flexible Municipal Income Fund Inc (RFM)
- According to Musaffa’s Shariah screening methodology, Rivernorth Flexible Municipal Income Fund Inc (RFM) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.