What is Blackrock Municipal 2030 Target Term Trust's Shariah compliance score?

Blackrock Municipal 2030 Target Term Trust's (BTT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Blackrock Municipal 2030 Target Term Trust pass AAOIFI screening?

Blackrock Municipal 2030 Target Term Trust (BTT) 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% (BTT: 0.0%), (3) interest-bearing deposits below 30% (BTT: 0.0%), and (4) prohibited income below 5% (BTT: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Blackrock Municipal 2030 Target Term Trust stock?

Blackrock Municipal 2030 Target Term Trust (BTT) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from BTT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Blackrock Municipal 2030 Target Term Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Blackrock Municipal 2030 Target Term Trust (BTT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about BTT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

BTT: Is Blackrock Municipal 2030 Target Term Trust Halal?

Blackrock Municipal 2030 Target Term Trust

NYSEFinancial ServicesGB

$22.64

-0.40%

Market Cap: 1.4B

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Blackrock Municipal 2030 Target Term Trust (BTT) halal? Not Halal. Based on AAOIFI screening, Blackrock Municipal 2030 Target Term 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.

151.5% of 5.0% limit

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

About Blackrock Municipal 2030 Target Term Trust

Operating as a closed-end mutual fund, the Blackrock Municipal 2030 Target Term Trust concentrates its investments in fixed-income securities. This trust was originally established by BlackRock, Inc., and its portfolio is actively managed by BlackRock Advisors, LLC. A core component of its investment strategy involves acquiring high-quality municipal bonds that are exempt from standard federal income taxation. The trust, domiciled in the United States, was launched on August 30, 2012, and was formerly known as BlackRock Municipal Target Term Trust.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 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% (151.5%)

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.

152%

Halal0%

Doubtful0%

Not Halal152%

Unknown0%

Top Holdings

BlackRock Liquidity FundsNot Halal3.25%Main Street Natural Gas IncNot Halal2.10%Southeast Energy Authority A Cooperative DistrictNot Halal2.01%New Jersey Transportation Trust Fund AuthorityNot Halal1.94%Southeast Energy Authority A Cooperative DistrictNot Halal1.71%City & County of Denver CO Airport System RevenueNot Halal1.66%North Carolina Medical Care CommissionNot Halal1.64%Northern California Energy AuthorityNot Halal1.55%California Housing Finance AgencyNot Halal1.49%State of New JerseyNot Halal1.41%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

Tracked since Jun 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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Frequently Asked Questions

Is Blackrock Municipal 2030 Target Term Trust (BTT) halal to invest in?

Blackrock Municipal 2030 Target Term Trust (BTT) 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 2030 Target Term Trust get a F compliance rating?

Blackrock Municipal 2030 Target Term 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 2030 Target Term Trust's Shariah verdict?

Blackrock Municipal 2030 Target Term 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 2030 Target Term Trust re-screened for Shariah compliance?

Blackrock Municipal 2030 Target Term Trust (BTT) 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: Jul 16, 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.