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Innovator Defined Wealth Shield ETF BALT

Is Innovator Defined Wealth Shield ETF Halal?

Shariah Compliance Analysis of BALT ETF

No. As of October 2026, Innovator Defined Wealth Shield ETF (BALT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

BALT was created on 2021-07-01 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. BALT aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15-20% decline. The fund resets it's buffer and cap levels every three-months. The actively managed fund holds FLEX options.

BALT Shariah Compliance

As of October 2026, Innovator Defined Wealth Shield ETF is classified as not halal.

NOT HALAL

Innovator Defined Wealth Shield ETF (BALT) Chart

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