Is Innovator US Small Cap Power Buffer ETF - August halal to invest in?

As of September 2026, Innovator US Small Cap Power Buffer ETF - August KAUG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Innovator US Small Cap Power Buffer ETF - August a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Innovator US Small Cap Power Buffer ETF - August using these criteria to determine its compliance status.

How often is the Shariah compliance for Innovator US Small Cap Power Buffer ETF - August updated?

The Shariah compliance status of Innovator US Small Cap Power Buffer ETF - August may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Innovator US Small Cap Power Buffer ETF - August become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Innovator US Small Cap Power Buffer ETF - August?

You can check the latest Shariah compliance status of Innovator US Small Cap Power Buffer ETF - August on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Innovator US Small Cap Power Buffer ETF - August KAUG

KAUG Shariah Compliance

Screening Methodology: AAOIFI

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

NOT HALAL

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

Shariah Compliance Analysis of KAUG ETF

US Equity Small Cap

No. As of September 2026, Innovator US Small Cap Power Buffer ETF - August (KAUG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Innovator US Small Cap Power Buffer ETF - August does not pass Musaffa's business and financial screening criteria.

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.

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

Key Statistics of Innovator US Small Cap Power Buffer ETF - August (KAUG)

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FAQ's for Innovator US Small Cap Power Buffer ETF - August (KAUG)

As of September 2026, Innovator US Small Cap Power Buffer ETF - August KAUG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Innovator US Small Cap Power Buffer ETF - August using these criteria to determine its compliance status.
The Shariah compliance status of Innovator US Small Cap Power Buffer ETF - August may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Innovator US Small Cap Power Buffer ETF - August on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.