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

Nuveen Municipal Value Fund, Inc.

NUV: Is Nuveen Municipal Value Fund, Inc. Halal?

Not Halal

Nuveen Municipal Value Fund, Inc.

NYSEFinancial ServicesUS

$9.07

+0.17%

About Nuveen Municipal Value Fund, Inc.

Nuveen Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments. It invests in undervalued municipal securities and other related investments the income, exempt from regular federal income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index. Nuveen Municipal Value Fund, Inc. was formed on April 8, 1987 and is domiciled in the United States.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 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% (105.1%)

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.

105%
Halal0%
Doubtful0%
Haram105%
Unknown0%

Top Holdings

Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2haram1.58%New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006Charam1.38%New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2025A-4haram1.36%New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006Charam1.17%Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001Bharam1.17%E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000Bharam1.09%Broward County, Florida, Tourist Development Tax Revenue Bonds, Convention Center Expansion Project, Series 2021haram1.06%New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2019 Subseries S-3Aharam0.96%Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2019Aharam0.89%Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002Aharam0.85%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

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

Screened: Jun 14, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

1.9B

Price

$9.07

Sector

Financial Services

Industry

Asset Management

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Frequently Asked Questions

Is Nuveen Municipal Value Fund, Inc. (NUV) halal to invest in?
Nuveen Municipal Value Fund, Inc. (NUV) 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 Nuveen Municipal Value Fund, Inc. get a F compliance rating?
Nuveen Municipal Value 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 Nuveen Municipal Value Fund, Inc.'s Shariah verdict?
Nuveen Municipal Value 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 Nuveen Municipal Value Fund, Inc. re-screened for Shariah compliance?
Nuveen Municipal Value Fund, Inc. (NUV) 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 14, 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.