Is Innovator Nasdaq-100 Managed Floor ETF halal to invest in?

As of September 2026, Innovator Nasdaq-100 Managed Floor ETF QFLR 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 Nasdaq-100 Managed Floor ETF 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 Nasdaq-100 Managed Floor ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Innovator Nasdaq-100 Managed Floor ETF updated?

The Shariah compliance status of Innovator Nasdaq-100 Managed Floor ETF 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 Nasdaq-100 Managed Floor ETF 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 Nasdaq-100 Managed Floor ETF?

You can check the latest Shariah compliance status of Innovator Nasdaq-100 Managed Floor ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Innovator Nasdaq-100 Managed Floor ETF QFLR

QFLR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Innovator Nasdaq-100 Managed Floor ETF is classified as not halal.

NOT HALAL

Is Innovator Nasdaq-100 Managed Floor ETF Halal?

Shariah Compliance Analysis of QFLR ETF

US Equity Large Cap

No. As of September 2026, Innovator Nasdaq-100 Managed Floor ETF (QFLR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Innovator Nasdaq-100 Managed Floor ETF does not pass Musaffa's business and financial screening criteria.

QFLR was created on 2024-01-25 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 308.96m in AUM and 43 holdings. QFLR aims to participate in 70% of the upside moves in the NASDAQ-100, while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis.

Innovator Nasdaq-100 Managed Floor ETF (QFLR) Chart

Key Statistics of Innovator Nasdaq-100 Managed Floor ETF (QFLR)

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FAQ's for Innovator Nasdaq-100 Managed Floor ETF (QFLR)

As of September 2026, Innovator Nasdaq-100 Managed Floor ETF QFLR 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 Nasdaq-100 Managed Floor ETF using these criteria to determine its compliance status.
The Shariah compliance status of Innovator Nasdaq-100 Managed Floor ETF 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 Nasdaq-100 Managed Floor ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.