Is BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) Halal?
Shariah Screening — 5 Standards
Based on financial data from February 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 | 84.2% | |
| Net Margin | -89.7% | |
| Return on Equity (ROE) | -6.6% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$16M |
| Free Cash Flow | -$16M |
| Total Debt | $43M |
| Debt-to-Equity | 20.6 |
| Current Ratio | 3.9 |
| Total Assets | $343M |
Price & Trading
| Last Close | $10.35 |
| 50-Day MA | $10.96 |
| 200-Day MA | $10.58 |
| Avg Volume | 62K |
| Beta | 0.5 |
|
52-Week Range
$9.58
| |
About BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.
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Frequently Asked Questions
Is BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BNY Mellon Municipal Bond Infrastructure Fund, Inc. 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 BNY Mellon Municipal Bond Infrastructure Fund, Inc.'s debt ratio?
BNY Mellon Municipal Bond Infrastructure Fund, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are BNY Mellon Municipal Bond Infrastructure Fund, Inc.'s key financial metrics?
BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a market capitalization of $189M, and revenue of $8M. The company maintains a gross margin of 100.0% and a net margin of -89.7%. Return on equity stands at -6.6%.
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.