Compliance Status
Not Halal
Screened on Oct 17, 2026 · AAOIFI Standard 21 look-through
Non-Compliant
Is Invesco Municipal Income Opportunities Trust (OIA) halal? Not Halal. Looking through its holdings under AAOIFI Standard 21, Invesco Municipal Income Opportunities Trust has 5% or more of its basket by weight in non-compliant holdings with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Invesco Municipal Income Opportunities Trust (OIA) Not Halal, 0/100, grade F under AAOIFI Standard 21 look-through, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/OIA
Basket rule
Over the limitAn ETF is halal when non-compliant holdings stay under 5% of the basket by weight.
100% of the basket's holdings were screened individually.
OIA: Is Invesco Municipal Income Opportunities Trust Halal?
Invesco Municipal Income Opportunities Trust
$5.79
Market Cap: 276.0M
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About Invesco Municipal Income Opportunities Trust
The Invesco Municipal Income Opportunities Trust operates as a closed-end mutual fund specializing in fixed income. Launched by Invesco Ltd. and established on September 19, 1988, this U.S.-domiciled fund targets the fixed income markets within the United States. Its management is collaboratively overseen by several Invesco entities: Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The Trust primarily allocates capital to municipal bonds, demanding a minimum credit rating of BB from Standard & Poor's or Ba from Moody's. Portfolio construction employs a fundamental analysis framework, applying a bottom-up approach to security selection. Historically, the fund was recognized as the Morgan Stanley Municipal Income Opportunities Trust.
Sector: Financial Services · Industry: Asset Management - Income
Shariah Compliance Status
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why OIA is rated Not Halal with institutional-grade analysis
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (99.9%)
Basket Composition
100% of basket screenedETFs 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.
Top Holdings
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Jul 2026
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened by holdings look-through under 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. A fund is evaluated by screening its holdings under AAOIFI financial standards and weighing the result, using 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.