Is BlackRock MuniAssets Fund, Inc. (MUA) halal? Not Halal. Based on AAOIFI screening, BlackRock MuniAssets Fund, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

BlackRock MuniAssets Fund, Inc.

MUA: Is BlackRock MuniAssets Fund, Inc. Halal?

Not Halal

BlackRock MuniAssets Fund, Inc.

NYSEFinancial ServicesUS

$10.64

-0.65%

About BlackRock MuniAssets Fund, Inc.

BlackRock MuniAssets Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes. The fund was formerly known as MuniAssets Fund, Inc. BlackRock MuniAssets Fund, Inc. was formed on June 25, 1993 and is domiciled in United States.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 13, 2026
F

Non-Compliant

Fails Shariah screening

0Score

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% (143.9%)

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.

144%
Halal0%
Doubtful0%
Haram144%
Unknown0%

Top Holdings

Commonwealth of Puerto Ricoharam3.71%New York City Housing Development Corpharam2.04%California Infrastructure & Economic Development Bankharam1.87%BlackRock Liquidity Fundsharam1.86%Chicago O'Hare International Airportharam1.76%Empire State Development Corpharam1.66%New York City Transitional Finance Authorityharam1.61%New Jersey Transportation Trust Fund Authorityharam1.49%County of Jefferson AL Sewer Revenueharam1.36%Puerto Rico Sales Tax Financing Corp Sales Tax Revenueharam1.21%

Compliance History

  1. Not Halalnow

    current status

  2. Under Review

    until the change above

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

Screened: Jun 13, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

409.4M

Price

$10.64

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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Inflection Point Acquisition Corp. III
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Axiom Intelligence Acquisition Corp 1
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Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

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Frequently Asked Questions

Is BlackRock MuniAssets Fund, Inc. (MUA) halal to invest in?
BlackRock MuniAssets Fund, Inc. (MUA) 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 BlackRock MuniAssets Fund, Inc. get a F compliance rating?
BlackRock MuniAssets Fund, Inc.'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 BlackRock MuniAssets Fund, Inc.'s Shariah verdict?
BlackRock MuniAssets Fund, Inc.'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 BlackRock MuniAssets Fund, Inc. re-screened for Shariah compliance?
BlackRock MuniAssets Fund, Inc. (MUA) 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: Jun 13, 2026.

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.