Does BlackRock MuniYield Pennsylvania Quality Fund pass AAOIFI screening?

BlackRock MuniYield Pennsylvania Quality Fund (MPA) 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% (MPA: 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 MuniYield Pennsylvania Quality Fund 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 MuniYield Pennsylvania Quality Fund (MPA) using the latest financial data.

Where can I screen BlackRock MuniYield Pennsylvania Quality Fund for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for BlackRock MuniYield Pennsylvania Quality Fund (MPA) 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 MPA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MPA: Is BlackRock MuniYield Pennsylvania Quality Fund Halal?

BlackRock MuniYield Pennsylvania Quality Fund

NYSEFinancial ServicesUS

$11.05

+0.23%

Market Cap: 143.0M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is BlackRock MuniYield Pennsylvania Quality Fund (MPA) halal? Not Halal. Based on AAOIFI screening, BlackRock MuniYield Pennsylvania Quality Fund 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 MuniYield Pennsylvania Quality Fund

The BlackRock MuniYield Pennsylvania Quality Fund is a closed-end mutual fund, established on November 4, 1992, and domiciled in the United States. Initiated by BlackRock, Inc. and overseen by BlackRock Advisors, LLC, this fund concentrates its investments in the fixed-income market. Its main focus is on long-term, investment-grade municipal debt securities that are exempt from both federal and Pennsylvania income taxes. The portfolio may also include short-term investments and other bond classifications.

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

BlackRock Liquidity FundsNot Halal5.06%Pennsylvania Higher Educational Facilities AuthorityNot Halal3.89%Southeastern Pennsylvania Transportation AuthorityNot Halal3.25%Philadelphia Gas Works CoNot Halal3.05%Shaler Area School District/PANot Halal2.03%Philadelphia Gas Works CoNot Halal1.89%Pennsylvania Turnpike Commission Oil Franchise Tax RevenueNot Halal1.76%Pennsylvania Higher Educational Facilities AuthorityNot Halal1.65%City of Philadelphia PA Airport RevenueNot Halal1.59%Pennsylvania Housing Finance AgencyNot Halal1.57%

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

$398.55

+0.17%

SLVA+

iShares Silver Trust

$57.44

+0.47%

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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JPMorgan Chase & Co.

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BAC

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Wells Fargo & Company

Free · No credit card required

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Frequently Asked Questions

Is BlackRock MuniYield Pennsylvania Quality Fund (MPA) halal to invest in?

BlackRock MuniYield Pennsylvania Quality Fund (MPA) 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 MuniYield Pennsylvania Quality Fund get a F compliance rating?

BlackRock MuniYield Pennsylvania Quality Fund'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 MuniYield Pennsylvania Quality Fund's Shariah verdict?

BlackRock MuniYield Pennsylvania Quality Fund'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 MuniYield Pennsylvania Quality Fund re-screened for Shariah compliance?

BlackRock MuniYield Pennsylvania Quality Fund (MPA) 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.