What is BlackRock Municipal Income Trust's Shariah compliance score?

BlackRock Municipal Income Trust's (BFK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does BlackRock Municipal Income Trust pass AAOIFI screening?

BlackRock Municipal Income Trust (BFK) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (BFK: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for BlackRock Municipal Income Trust stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for BlackRock Municipal Income Trust (BFK) using the latest financial data.

Where can I screen BlackRock Municipal Income Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for BlackRock Municipal Income Trust (BFK) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BFK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BFK: Is BlackRock Municipal Income Trust Halal?

BlackRock Municipal Income Trust

NYSEFinancial ServicesUS

$10.09

+0.40%

Market Cap: 442.5M

Compliance Status

Not Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is BlackRock Municipal Income Trust (BFK) halal? Not Halal. Based on AAOIFI screening, BlackRock Municipal Income Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates BlackRock Municipal Income Trust (BFK) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/BFK

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

100.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About BlackRock Municipal Income Trust

The BlackRock Municipal Income Trust operates as a closed-end mutual fund, initiated by BlackRock, Inc. Its management is overseen by BlackRock Advisors, LLC. The fund's investment strategy primarily targets the fixed income market, with a significant emphasis on high-quality municipal bonds designed to be exempt from standard federal income taxation. This trust was formed on July 31, 2001, and is based in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Basket-weighted haram holdings exceed 5% (100.0%)

Basket Composition

100% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%

Halal0%

Doubtful0%

Not Halal100%

Unknown0%

Top Holdings

County of Clark NVNot Halal2.45%Patriots Energy Group Financing AgencyNot Halal2.16%District of Columbia Tobacco Settlement Financing CorpNot Halal2.06%San Diego County Regional Airport AuthorityNot Halal1.83%Greater Orlando Aviation AuthorityNot Halal1.65%Port of Portland OR Airport RevenueNot Halal1.64%Illinois State Toll Highway AuthorityNot Halal1.60%Indiana Finance AuthorityNot Halal1.60%Tennessee State School Bond AuthorityNot Halal1.59%Texas Water Development BoardNot Halal1.52%

Compliance History

Not Halalnow
since Sep 2026
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Sprott Physical Gold and Silver Trust

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Frequently Asked Questions

Is BlackRock Municipal Income Trust (BFK) halal to invest in?

BlackRock Municipal Income Trust (BFK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did BlackRock Municipal Income Trust get a F compliance rating?

BlackRock Municipal Income Trust's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.

What could change BlackRock Municipal Income Trust's Shariah verdict?

BlackRock Municipal Income Trust's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.

How often is BlackRock Municipal Income Trust re-screened for Shariah compliance?

BlackRock Municipal Income Trust (BFK) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 2, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.