What is Invesco Municipal Trust's Shariah compliance score?

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

Does Invesco Municipal Trust pass AAOIFI screening?

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

How much purification is needed for Invesco Municipal Trust stock?

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

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

VKQ: Is Invesco Municipal Trust Halal?

Invesco Municipal Trust

NYSEFinancial ServicesUS

$9.83

-0.20%

Market Cap: 543.9M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

156.8% of 5.0% limit

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

About Invesco Municipal Trust

The Invesco Municipal Trust functions as a closed-end mutual fund, focusing its investments on fixed income. It was initiated by Invesco Ltd. A group of Invesco entities collectively manages the fund, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The fund primarily allocates capital to high-grade municipal securities, such as municipal bonds, notes, commercial paper, and lease obligations. Its portfolio is built using a strategy of fundamental analysis combined with bottom-up security selection. Formerly, it was recognized as Invesco Van Kampen Municipal Trust. This trust was founded on September 27, 1991, and is legally based in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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% (156.8%)

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.

157%

Halal0%

Doubtful0%

Not Halal157%

Unknown0%

Top Holdings

Knox (County of), TN & Knoxville (City of), TN Sports Authority (Multi-Use Stadium)Not Halal1.33%Oklahoma (State of) Turnpike AuthorityNot Halal1.30%New Jersey Economic Development AuthorityNot Halal1.24%California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village)Not Halal1.19%City of New York NYNot Halal1.16%Buckeye Tobacco Settlement Financing AuthorityNot Halal1.14%New York (State of) Dormitory AuthorityNot Halal1.04%New York Liberty Development Corp. (3 World Trade Center)Not Halal1.01%Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels)Not Halal1.00%King (County of), WANot Halal0.98%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

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:

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Frequently Asked Questions

Is Invesco Municipal Trust (VKQ) halal to invest in?

Invesco Municipal Trust (VKQ) 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 Municipal Trust get a F compliance rating?

Invesco Municipal 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 Municipal Trust's Shariah verdict?

Invesco Municipal 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 Municipal Trust re-screened for Shariah compliance?

Invesco Municipal Trust (VKQ) 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 19, 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.