Is Eaton Vance Municipal Bond Fund (EIM) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 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 | 83.3% | |
| Net Margin | -46.1% | |
| Return on Equity (ROE) | -3.1% | |
| Return on Assets (ROA) | 2.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $179M |
| Free Cash Flow | $179M |
| Total Debt | $241M |
| Debt-to-Equity | 54.3 |
| Current Ratio | 3.6 |
| Total Assets | $791M |
Price & Trading
| Last Close | $9.57 |
| 50-Day MA | $9.90 |
| 200-Day MA | $9.82 |
| Avg Volume | 167K |
| Beta | 0.6 |
|
52-Week Range
$9.27
| |
About Eaton Vance Municipal Bond Fund (EIM)
Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors. It was formerly known as Eaton Vance Insured Municipal Bond Fund. Eaton Vance Municipal Bond Fund was founded in 2002 and is based in Boston, Massachusetts.
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Frequently Asked Questions
Is Eaton Vance Municipal Bond Fund (EIM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eaton Vance Municipal Bond Fund 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 Eaton Vance Municipal Bond Fund's debt ratio?
Eaton Vance Municipal Bond Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Eaton Vance Municipal Bond Fund's key financial metrics?
Eaton Vance Municipal Bond Fund has a market capitalization of $489M, and revenue of -$17M. The company maintains a gross margin of 100.0% and a net margin of -46.1%. Return on equity stands at -3.1%.
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.