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Innovator Premium Income 9 Buffer ETF - April HAPR

Is Innovator Premium Income 9 Buffer ETF - April Halal?

Shariah Compliance Analysis of HAPR ETF

No. As of October 2026, Innovator Premium Income 9 Buffer ETF - April (HAPR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

HAPR was created on 2024-04-01 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. HAPR seeks to provide a consistent income stream and a limited protective buffer against the first 9% of SPDR S&P 500 ETF Trust (SPY) losses. The exposure resets each year in April. The actively managed fund holds a package of SPDR S&P 500 ETF Trust FLEX options and US Treasurys.

HAPR Shariah Compliance

As of October 2026, Innovator Premium Income 9 Buffer ETF - April is classified as not halal.

NOT HALAL

Innovator Premium Income 9 Buffer ETF - April (HAPR) Chart

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