Is MFS MUNICIPAL INCOME TRUST (MFM) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 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 | 85.6% | |
| Net Margin | 32.7% | |
| Return on Equity (ROE) | 2.3% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $11M |
| Free Cash Flow | $11M |
| Debt-to-Equity | 45.9 |
| Current Ratio | 0.1 |
| Total Assets | $363M |
Price & Trading
| Last Close | $5.25 |
| 50-Day MA | $5.47 |
| 200-Day MA | $5.33 |
| Avg Volume | 93K |
| Beta | 0.7 |
|
52-Week Range
$4.94
| |
About MFS MUNICIPAL INCOME TRUST (MFM)
MFS Municipal Income 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. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.
Related Halal Stocks in Financial Services
Frequently Asked Questions
Is MFS MUNICIPAL INCOME TRUST (MFM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MFS 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 MFS MUNICIPAL INCOME TRUST's debt ratio?
MFS 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 MFS MUNICIPAL INCOME TRUST's key financial metrics?
MFS MUNICIPAL INCOME TRUST has a market capitalization of $216M, trailing P/E ratio of 40.4, and revenue of $6M. The company maintains a gross margin of 100.0% and a net margin of 32.7%. Return on equity stands at 2.3%.
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.