Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) Halal?
Shariah Screening — 5 Standards
Based on financial data from May 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 | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$23M |
| Free Cash Flow | -$23M |
| Total Debt | $146M |
| Total Assets | $553M |
Price & Trading
| Last Close | $14.16 |
| 50-Day MA | $15.08 |
| 200-Day MA | $15.21 |
| Avg Volume | 98K |
|
52-Week Range
$13.96
| |
About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB)
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund primarily invests in a diversified portfolio of taxable municipal securities known as Build America Bonds. It was formerly known as Guggenheim Taxable Municipal Managed Duration Trust. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust was formed on October 26, 2010 and is domiciled in United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Guggenheim Taxable Municipal Bond & Investment Grade Debt 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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's debt ratio?
Guggenheim Taxable Municipal Bond & Investment Grade Debt 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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's key financial metrics?
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a market capitalization of $386M, trailing P/E ratio of 14.1, and revenue of $23M.
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.