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AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF NVBU

Is AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF Halal?

Shariah Compliance Analysis of NVBU ETF

No. As of October 2026, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

NVBU was created on 2024-10-31 by Allianz. The fund's investment portfolio concentrates primarily on large cap equity. NVBU aims for specific buffered losses and uncapped gains on the SPDR S&P 500 ETF Trust over a one-year period. The actively managed fund holds options and collateral.

NVBU Shariah Compliance

As of October 2026, AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF is classified as not halal.

NOT HALAL

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (NVBU) Chart

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