Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) halal? Not Halal. Based on AAOIFI screening, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).
GBAB: Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Halal?
Not HalalGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust
$14.08
+0.21%
About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Taxable Municipal Managed Duration Trust. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was formed on October 26, 2010 and is domiciled in United States.
Sector: Financial Services 路 Industry: Asset Management - Bonds
Shariah Compliance Status
Non-Compliant
Fails Shariah screening
Business Activity Screen
FailedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
- Basket-weighted haram holdings exceed 5% (145.1%)
Basket Composition
99% 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
Compliance History
Not Halalnow
current status
Under Review
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Financial Overview
Market Cap
376.1M
Price
$14.08
Sector
Financial Services
Industry
Asset Management - Bonds
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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) halal to invest in?
Why did Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust get a F compliance rating?
What could change Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's Shariah verdict?
How often is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 路 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.