What is PIMCO Municipal Income Fund II's Shariah compliance score?

PIMCO Municipal Income Fund II's (PML) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does PIMCO Municipal Income Fund II pass AAOIFI screening?

PIMCO Municipal Income Fund II (PML) 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% (PML: 0.0%), (3) interest-bearing deposits below 30% (PML: 0.0%), and (4) prohibited income below 5% (PML: 100.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for PIMCO Municipal Income Fund II stock?

PIMCO Municipal Income Fund II (PML) has a non-permissible income ratio of 100.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PML shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen PIMCO Municipal Income Fund II for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for PIMCO Municipal Income Fund II (PML) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PML's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

PML: Is PIMCO Municipal Income Fund II Halal?

Not Halal

PIMCO Municipal Income Fund II

NYSEFinancial ServicesUS

$7.54

+0.40%

About PIMCO Municipal Income Fund II

PIMCO Municipal Income Fund II operates as a closed-end, fixed-income investment vehicle. It is principally overseen by Allianz Global Investors Fund Management LLC, with Pacific Investment Management Company LLC providing co-management services. The fund primarily allocates its capital within debt markets. While its main focus is on fixed income, it also invests in equities of companies spanning various industries. Its core holdings typically include municipal bonds, variable rate notes, variable rate demand notes, and U.S. Treasury bills. The fund was established on June 28, 2002, and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

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% (170.1%)

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.

170%

Halal0%

Doubtful0%

Haram170%

Unknown0%

Top Holdings

SALT VERDE FINANCIAL CORPORATIONharam3.61%NEW YORK LIBERTY DEVELOPMENT CORPORATIONharam2.46%MUNICIPAL ELECTRIC AUTHORITY OF GEORGIAharam2.05%MARICOPA COUNTY INDUSTRIAL DEVharam2.03%PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUEharam1.98%LA VEGA INDEPENDENT SCHOOL DISTRICTharam1.92%FHLMC PASS THRU POOLSharam1.88%NEW YORK STATE DORMITORY AUTHORITYharam1.80%REGIONAL TRANSPORTATION AUTHORITYharam1.60%TEXAS TRANSPORTATION FINANCE CORPharam1.55%

Compliance History

Not Halalnow
since Jun 2026
Under Review
until the change above

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

Screened: Jun 12, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

946.6M

Price

$7.54

Sector

Financial Services

Industry

Asset Management - Income

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

GLDA+

SPDR Gold Shares

$388.60

+0.17%

SLVA+

iShares Silver Trust

$60.61

+0.47%

ABA+

AllianceBernstein Holding L.P.

$36.03

-1.13%

IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

JPMorgan Chase & Co.

Visa Inc.

Mastercard Incorporated

A+

PYPL

PayPal Holdings, Inc.

BAC

Bank of America Corporation

WFC

Wells Fargo & Company

Free · No credit card required

Track PML and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is PIMCO Municipal Income Fund II (PML) halal to invest in?

PIMCO Municipal Income Fund II (PML) 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 PIMCO Municipal Income Fund II get a F compliance rating?

PIMCO Municipal Income Fund II'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 PIMCO Municipal Income Fund II's Shariah verdict?

PIMCO Municipal Income Fund II'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 PIMCO Municipal Income Fund II re-screened for Shariah compliance?

PIMCO Municipal Income Fund II (PML) 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 12, 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.