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Calamos S&P 500 Structured Alt Protection ETF - October CPSO

Is Calamos S&P 500 Structured Alt Protection ETF - October Halal?

Shariah Compliance Analysis of CPSO ETF

No. As of October 2026, Calamos S&P 500 Structured Alt Protection ETF - October (CPSO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

CPSO was created on 2024-10-01 by Calamos. The fund's investment portfolio concentrates primarily on large cap equity. CPSO seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), 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.

CPSO Shariah Compliance

As of October 2026, Calamos S&P 500 Structured Alt Protection ETF - October is classified as not halal.

NOT HALAL

Calamos S&P 500 Structured Alt Protection ETF - October (CPSO) Chart

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