Is NUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 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 | 95.1% | |
| Net Margin | 24.2% | |
| Return on Equity (ROE) | 1.1% | |
| Return on Assets (ROA) | 2.7% |
Cash Flow & Balance Sheet
| Current Ratio | 4.0 |
| Total Assets | $755M |
Price & Trading
| Last Close | $14.16 |
| 50-Day MA | $14.32 |
| 200-Day MA | $14.22 |
| Avg Volume | 172K |
| Beta | 0.4 |
|
52-Week Range
$13.30
| |
About NUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP)
Nuveen Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average. Nuveen Select Tax-Free Income Portfolio was formed on March 19, 1992 and is domiciled in the United States.
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Frequently Asked Questions
Is NUVEEN SELECT TAX FREE INCOME PORTFOLIO (NXP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NUVEEN SELECT TAX FREE INCOME PORTFOLIO 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 NUVEEN SELECT TAX FREE INCOME PORTFOLIO's debt ratio?
NUVEEN SELECT TAX FREE INCOME PORTFOLIO's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are NUVEEN SELECT TAX FREE INCOME PORTFOLIO's key financial metrics?
NUVEEN SELECT TAX FREE INCOME PORTFOLIO has a market capitalization of $740M, trailing P/E ratio of 94.8, and revenue of $10M. The company maintains a gross margin of 100.0% and a net margin of 24.2%. Return on equity stands at 1.1%.
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.