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

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

Does Invesco Advantage Municipal Income Trust II pass AAOIFI screening?

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

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

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

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

VKI: Is Invesco Advantage Municipal Income Trust II Halal?

Invesco Advantage Municipal Income Trust II

AMEXFinancial ServicesUS

$9.41

+0.75%

Market Cap: 417.9M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Invesco Advantage Municipal Income Trust II (VKI) halal? Not Halal. Based on AAOIFI screening, Invesco Advantage Municipal Income Trust II 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.

154.7% of 5.0% limit

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

About Invesco Advantage Municipal Income Trust II

The Invesco Advantage Municipal Income Trust II, a closed-end mutual fund specializing in fixed-income assets, was established by Invesco Ltd. Its oversight is a collaborative effort, drawing expertise from 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 primarily allocates capital within the United States' fixed-income markets. Its holdings predominantly consist of high-quality municipal securities, including bonds, notes, commercial paper, and lease obligations. To build its portfolio, the fund employs a bottom-up security selection approach guided by thorough fundamental analysis. Formed in the United States on August 27, 1993, this fund was previously known as Invesco Van Kampen Advantage Municipal Income Trust II.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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% (154.7%)

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.

155%

Halal0%

Doubtful0%

Not Halal155%

Unknown0%

Top Holdings

Johnson City (City of), TN Health & Educational Facilities Board (Mountain States Health Alliance)Not Halal3.05%New Jersey Economic Development AuthorityNot Halal1.65%Matagorda County Navigation District No. 1 (Houston Lighting & Power Co.)Not Halal1.30%California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village)Not Halal1.27%Louisiana (State of)Not Halal1.23%Ohio State University (The)Not Halal1.23%Buckeye Tobacco Settlement Financing AuthorityNot Halal1.20%New York (State of) Dormitory AuthorityNot Halal1.08%New York Liberty Development Corp. (3 World Trade Center)Not Halal1.08%Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels)Not Halal1.01%

Compliance History

Not Halalnow
since Jul 2026
Under Review
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

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Frequently Asked Questions

Is Invesco Advantage Municipal Income Trust II (VKI) halal to invest in?

Invesco Advantage Municipal Income Trust II (VKI) 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 Advantage Municipal Income Trust II get a F compliance rating?

Invesco Advantage Municipal Income Trust II'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 Advantage Municipal Income Trust II's Shariah verdict?

Invesco Advantage Municipal Income Trust II'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 Advantage Municipal Income Trust II re-screened for Shariah compliance?

Invesco Advantage Municipal Income Trust II (VKI) 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 18, 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.