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First Trust Nasdaq BuyWrite Income ETF FTQI

Is First Trust Nasdaq BuyWrite Income ETF Halal?

Shariah Compliance Analysis of FTQI ETF

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

FTQI was created on 2014-01-06 by First Trust. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 767.74m in AUM and 162 holdings. FTQI is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100.

FTQI Shariah Compliance

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

NOT HALAL

First Trust Nasdaq BuyWrite Income ETF (FTQI) Chart

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