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Innovator U.S. Equity Power Buffer ETF - May PMAY

Is Innovator U.S. Equity Power Buffer ETF - May Halal?

Shariah Compliance Analysis of PMAY ETF

No. As of October 2026, Innovator U.S. Equity Power Buffer ETF - May (PMAY) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

PMAY was created on 2020-05-01 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. PMAY aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.

PMAY Shariah Compliance

As of October 2026, Innovator U.S. Equity Power Buffer ETF - May is classified as not halal.

NOT HALAL

Innovator U.S. Equity Power Buffer ETF - May (PMAY) Chart

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