Does Eaton Vance National Municipal Opportunities Trust pass AAOIFI screening?

Eaton Vance National Municipal Opportunities Trust (EOT) 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% (EOT: 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 Eaton Vance National Municipal Opportunities 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 Eaton Vance National Municipal Opportunities Trust (EOT) using the latest financial data.

Where can I screen Eaton Vance National Municipal Opportunities Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Eaton Vance National Municipal Opportunities Trust (EOT) 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 EOT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

EOT: Is Eaton Vance National Municipal Opportunities Trust Halal?

Eaton Vance National Municipal Opportunities Trust

NYSEFinancial ServicesUS

$17.26

-0.12%

Market Cap: 269.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Eaton Vance National Municipal Opportunities Trust (EOT) halal? Not Halal. Based on AAOIFI screening, Eaton Vance National Municipal Opportunities 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 Eaton Vance National Municipal Opportunities Trust

The Eaton Vance National Municipal Opportunities Trust operates as a closed-end mutual fund focused on fixed income, under the management of Eaton Vance Management. This U.S.-domiciled trust concentrates its investments within American fixed income markets, particularly emphasizing municipal bonds. All investment selections are informed by the firm's proprietary internal research. The fund was officially established on May 29, 2009.

Sector: Financial Services · Industry: Asset Management

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%)

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

New Jersey Transportation Trust Fund AuthorityNot Halal3.76%North Carolina Turnpike AuthorityNot Halal2.82%New York State Urban Development CorpNot Halal2.29%Public Finance AuthorityNot Halal2.12%County of Miami-Dade FLNot Halal2.11%Chicago Board of EducationNot Halal1.92%San Francisco City & County Airport Comm-San Francisco International AirportNot Halal1.90%Metropolitan Transportation AuthorityNot Halal1.71%Triborough Bridge & Tunnel AuthorityNot Halal1.61%Northwest Independent School DistrictNot Halal1.49%

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:

GLDA+

SPDR Gold Shares

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SLVA+

iShares Silver Trust

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PSLVA+

Sprott Physical Silver Trust

$21.30

+6.23%

PHYSA+

Sprott Physical Gold Trust

$31.75

+0.19%

CEFA+

Sprott Physical Gold and Silver Trust

$43.28

+4.44%

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Frequently Asked Questions

Is Eaton Vance National Municipal Opportunities Trust (EOT) halal to invest in?

Eaton Vance National Municipal Opportunities Trust (EOT) 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 Eaton Vance National Municipal Opportunities Trust get a F compliance rating?

Eaton Vance National Municipal Opportunities 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 Eaton Vance National Municipal Opportunities Trust's Shariah verdict?

Eaton Vance National Municipal Opportunities 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 Eaton Vance National Municipal Opportunities Trust re-screened for Shariah compliance?

Eaton Vance National Municipal Opportunities Trust (EOT) 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.