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Calamos Nasdaq - 100 Structured Alt Protection ETF -June CPNJ

Is Calamos Nasdaq - 100 Structured Alt Protection ETF -June Halal?

Shariah Compliance Analysis of CPNJ ETF

No. As of October 2026, Calamos Nasdaq - 100 Structured Alt Protection ETF -June (CPNJ) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CPNJ was created on 2024-06-03 by Calamos. The fund's investment portfolio concentrates primarily on large cap equity. CPNJ seeks to track the return of the Invesco QQQ TrustSM, Series 1 (QQQ), to a cap, with 100% downside hedge over a one year outcome period. The actively managed fund holds FLEX options to obtain exposure. The fund aims to outperform cash holdings.

CPNJ Shariah Compliance

As of October 2026, Calamos Nasdaq - 100 Structured Alt Protection ETF -June is classified as not halal.

NOT HALAL

Calamos Nasdaq - 100 Structured Alt Protection ETF -June (CPNJ) Chart

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