BlackRock Virginia Municipal Bond Trust

BHV: Is BlackRock Virginia Municipal Bond Trust Halal?

BlackRock Virginia Municipal Bond Trust

NYSEFinancial ServicesUS

$12.71

+0.47%

Market Cap: 20.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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 Virginia Municipal Bond Trust

The BlackRock Virginia Municipal Bond Trust (BHV) functions as a closed-end mutual fund, concentrating its investments within the fixed-income sector. Launched by BlackRock, Inc., the fund's investment management is handled by BlackRock Advisors, LLC. It primarily directs its capital towards the U.S. fixed income market, with a special focus on high-quality, investment-grade municipal bonds. These specific bonds offer the advantage of being exempt from both federal income taxes and personal income taxes in Virginia. This U.S.-domiciled trust began its operations on April 25, 2002.

Sector: Financial Services · Industry: Asset Management - Bonds

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 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%)
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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Frequently Asked Questions

Is BlackRock Virginia Municipal Bond Trust (BHV) halal to invest in?
BlackRock Virginia Municipal Bond Trust (BHV) 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 Virginia Municipal Bond Trust get a F compliance rating?
BlackRock Virginia Municipal Bond 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 Virginia Municipal Bond Trust's Shariah verdict?
BlackRock Virginia Municipal Bond 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 Virginia Municipal Bond Trust re-screened for Shariah compliance?
BlackRock Virginia Municipal Bond Trust (BHV) 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: Aug 26, 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.