What is Invesco Value Municipal Income Trust's Shariah compliance score?

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

Does Invesco Value Municipal Income Trust pass AAOIFI screening?

Invesco Value Municipal Income Trust (IIM) 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% (IIM: 0.0%), (3) interest-bearing deposits below 30% (IIM: 0.0%), and (4) prohibited income below 5% (IIM: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Invesco Value Municipal Income Trust stock?

Invesco Value Municipal Income Trust (IIM) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IIM 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 Invesco Value Municipal Income Trust for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Invesco Value Municipal Income Trust (IIM) 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 IIM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IIM: Is Invesco Value Municipal Income Trust Halal?

Invesco Value Municipal Income Trust

NYSEFinancial ServicesUS

$12.55

-0.48%

Market Cap: 590.7M

Compliance Status

Not Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Invesco Value Municipal Income Trust (IIM) halal? Not Halal. Based on AAOIFI screening, Invesco Value Municipal Income 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.

149.9% of 5.0% limit

99% of the basket's holdings were screened individually.

About Invesco Value Municipal Income Trust

The Invesco Value Municipal Income Trust (IIM) is a closed-end investment vehicle specializing in fixed income, established by Invesco Ltd. Its management responsibilities are shared among multiple Invesco affiliates, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. The trust's primary objective is to invest in the fixed income markets within the United States. Its portfolio is predominantly composed of investment-grade municipal securities, encompassing municipal bonds, notes, commercial paper, and lease obligations. Investment decisions are guided by a fundamental analysis framework, employing a bottom-up security selection methodology. Formed on February 26, 1993, and domiciled in the United States, the fund was previously known as the Invesco Insured Municipal Income Trust.

Sector: Financial Services · Industry: Asset Management - Income

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% (149.9%)

Basket Composition

99% 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.

150%

Halal0%

Doubtful0%

Not Halal150%

Unknown0%

Top Holdings

North Texas Tollway AuthorityNot Halal2.64%New Jersey (State of) Transportation Trust Fund AuthorityNot Halal2.36%William S. Hart Union High School District (Election of 2008)Not Halal1.56%University of Massachusetts Building AuthorityNot Halal1.31%Washington Metropolitan Area Transit Authority (Green Bonds)Not Halal1.27%Poway Unified School District (Election of 2008 - School Facilities Improvement District No. 2007-1)Not Halal1.25%Poway Unified School District (Election of 2008 - School Facilities Improvement District No. 2007-1)Not Halal1.24%California (State of) Infrastructure & Economic Development Bank (Bay Area Toll Bridges)Not Halal1.19%California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village)Not Halal1.17%Buckeye Tobacco Settlement Financing AuthorityNot Halal1.15%

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

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Frequently Asked Questions

Is Invesco Value Municipal Income Trust (IIM) halal to invest in?

Invesco Value Municipal Income Trust (IIM) 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 Invesco Value Municipal Income Trust get a F compliance rating?

Invesco Value 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 Invesco Value Municipal Income Trust's Shariah verdict?

Invesco Value 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 Invesco Value Municipal Income Trust re-screened for Shariah compliance?

Invesco Value Municipal Income Trust (IIM) 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.