Is PUTNAM MUNICIPAL OPPORTUNITIES TRUST (PMO) Halal?

NYSE Financial Services United States $282M
✗ NOT HALAL
Confidence: 95/100
PUTNAM MUNICIPAL OPPORTUNITIES TRUST (PMO) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from April 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

P/E Ratio
55.8
EPS
$0.18
Dividend Yield
469.0%
Payout: 247.7%
P/B Ratio
0.9
Revenue
$11M
Growth: 0.6%
Beta
0.8
Low volatility
Current Ratio
4.0

Profitability

Gross Margin 100.0%
Operating Margin 88.1%
Net Margin 57.5%

Cash Flow & Balance Sheet

Operating Cash Flow$63M
Free Cash Flow$63M
Total Debt$10M
Debt-to-Equity4.3
Current Ratio4.0
Total Assets$458M

Price & Trading

Last Close$10.12
50-Day MA$10.59
200-Day MA$10.28
Avg Volume69K
Beta0.8
52-Week Range
$9.34
$10.87

About PUTNAM MUNICIPAL OPPORTUNITIES TRUST (PMO)

CEO
Mr. Robert Lloyd Reynolds
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYSE
Market Cap
$282M
Currency
USD

Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States.

Related Halal Stocks in Financial Services

Frequently Asked Questions

Is PUTNAM MUNICIPAL OPPORTUNITIES TRUST (PMO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PUTNAM MUNICIPAL OPPORTUNITIES 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 PUTNAM MUNICIPAL OPPORTUNITIES TRUST's debt ratio?

PUTNAM MUNICIPAL OPPORTUNITIES 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 PUTNAM MUNICIPAL OPPORTUNITIES TRUST's key financial metrics?

PUTNAM MUNICIPAL OPPORTUNITIES TRUST has a market capitalization of $282M, trailing P/E ratio of 55.8, and revenue of $11M. The company maintains a gross margin of 100.0% and a net margin of 57.5%.

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.