Musaffa Logo
First Trust Small Cap BuyWrite Income ETF FTKI

Is First Trust Small Cap BuyWrite Income ETF Halal?

Shariah Compliance Analysis of FTKI ETF

No. As of October 2026, First Trust Small Cap BuyWrite Income ETF (FTKI) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

FTKI was created on 2025-02-26 by First Trust. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 0.96m in AUM and 177 holdings. FTKI seeks to provide current income and capital appreciation by holding a portfolio of US-listed small cap equities, while utilizing a naked call writing strategy on the Russell 2000 Index or on small-cap ETF.

FTKI Shariah Compliance

As of October 2026, First Trust Small Cap BuyWrite Income ETF is classified as not halal.

NOT HALAL

First Trust Small Cap BuyWrite Income ETF (FTKI) Chart

Fetching Price Chart...