Is MFS HIGH YIELD MUNICIPAL TRUST (CMU) Halal?
Shariah Screening — 5 Standards
Based on financial data from November 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 86.4% | |
| Net Margin | -0.2% | |
| Return on Equity (ROE) | -0.0% | |
| Return on Assets (ROA) | 2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5M |
| Free Cash Flow | $5M |
| Debt-to-Equity | 52.8 |
| Current Ratio | 0.3 |
| Total Assets | $158M |
Price & Trading
| Last Close | $3.52 |
| 50-Day MA | $3.58 |
| 200-Day MA | $3.45 |
| Avg Volume | 80K |
| Beta | 0.7 |
|
52-Week Range
$3.18
| |
About MFS HIGH YIELD MUNICIPAL TRUST (CMU)
MFS High Yield Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial Municipal Income Trust. MFS High Yield Municipal Trust was founded in March 19, 1987 and is domiciled in the United States.
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Frequently Asked Questions
Is MFS HIGH YIELD MUNICIPAL TRUST (CMU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MFS HIGH YIELD MUNICIPAL TRUST is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MFS HIGH YIELD MUNICIPAL TRUST's debt ratio?
MFS HIGH YIELD MUNICIPAL TRUST's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are MFS HIGH YIELD MUNICIPAL TRUST's key financial metrics?
MFS HIGH YIELD MUNICIPAL TRUST has a market capitalization of $90M, trailing P/E ratio of inf, and revenue of $69,702. The company maintains a gross margin of 100.0% and a net margin of -0.2%. Return on equity stands at -0.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.