Does Invesco Pennsylvania Value Municipal Income Trust pass AAOIFI screening?

Invesco Pennsylvania Value Municipal Income Trust (VPV) 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% (VPV: 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 Invesco Pennsylvania Value Municipal Income Trust 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 Invesco Pennsylvania Value Municipal Income Trust (VPV) using the latest financial data.

Where can I screen Invesco Pennsylvania Value Municipal Income Trust for Shariah compliance for free?

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

VPV: Is Invesco Pennsylvania Value Municipal Income Trust Halal?

Invesco Pennsylvania Value Municipal Income Trust

NYSEFinancial ServicesUS

$11.29

+1.15%

Market Cap: 201.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

100.0% of 5.0% limit

100% of the basket's holdings were screened individually.

About Invesco Pennsylvania Value Municipal Income Trust

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by 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. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Pennsylvania Value Municipal Income Trust. Invesco Pennsylvania Value Municipal Income Trust was formed on April 30, 1993 and is domiciled in the United States.

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

Pennsylvania (Commonwealth of) Turnpike CommissionNot Halal3.41%Puerto Rico (Commonwealth of)Not Halal2.96%Pennsylvania Economic Development Financing AuthorityNot Halal2.74%Philadelphia (City of), PANot Halal2.69%Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges)Not Halal2.60%Allegheny County Sanitary AuthorityNot Halal2.49%Lehigh (County of), PA (Lehigh Valley Health Network)Not Halal2.18%Pennsylvania (Commonwealth of) Turnpike CommissionNot Halal1.95%Philadelphia (City of), PANot Halal1.73%Lehigh (County of), PA General Purpose Authority (Muhlenberg College)Not Halal1.70%

Fiscal: N/AData source: FMP-LOOKTHROUGH

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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 Pennsylvania Value Municipal Income Trust (VPV) halal to invest in?

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

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

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

Invesco Pennsylvania Value Municipal Income Trust (VPV) 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.