Is Invesco Quality Municipal Incom (IQI) halal? Not Halal. Based on AAOIFI screening, Invesco Quality Municipal Incom passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
IQI β Is Invesco Quality Municipal Incom Halal?
Not HalalInvesco Quality Municipal Incom
$10.17
-0.29%
Shariah Compliance Status
Based on AAOIFI screening standards
Non-Compliant
Fails Shariah screening
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
FailedFinancial ratios must be below AAOIFI thresholds
Financial Overview
Market Cap
-
Price
$10.17
Sector
Financial Services
Industry
Asset Management
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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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.