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Innovator US Small Cap Power Buffer ETF - August KAUG

Is Innovator US Small Cap Power Buffer ETF - August Halal?

Shariah Compliance Analysis of KAUG ETF

No. As of October 2026, Innovator US Small Cap Power Buffer ETF - August (KAUG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

KAUG was created on 2024-08-01 by Innovator. The fund's investment portfolio concentrates primarily on small cap equity. KAUG aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure.

KAUG Shariah Compliance

As of October 2026, Innovator US Small Cap Power Buffer ETF - August is classified as not halal.

NOT HALAL

Innovator US Small Cap Power Buffer ETF - August (KAUG) Chart

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