Is DWS MUNICIPAL INCOME TRUST (KTF) 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 | 87.6% | |
| Net Margin | -21.3% | |
| Return on Equity (ROE) | -1.5% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $29M |
| Free Cash Flow | $29M |
| Total Debt | $15M |
| Debt-to-Equity | 55.4 |
| Current Ratio | 0.6 |
| Total Assets | $576M |
Price & Trading
| Last Close | $8.87 |
| 50-Day MA | $9.12 |
| 200-Day MA | $9.02 |
| Avg Volume | 116K |
| Beta | 0.6 |
|
52-Week Range
$8.48
| |
About DWS MUNICIPAL INCOME TRUST (KTF)
Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is DWS MUNICIPAL INCOME TRUST (KTF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DWS MUNICIPAL INCOME 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 DWS MUNICIPAL INCOME TRUST's debt ratio?
DWS MUNICIPAL INCOME 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 DWS MUNICIPAL INCOME TRUST's key financial metrics?
DWS MUNICIPAL INCOME TRUST has a market capitalization of $344M, and revenue of -$5M. The company maintains a gross margin of 100.0% and a net margin of -21.3%. Return on equity stands at -1.5%.
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.