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Innovator Hedged Nasdaq-100 ETF QHDG

Is Innovator Hedged Nasdaq-100 ETF Halal?

Shariah Compliance Analysis of QHDG ETF

No. As of October 2026, Innovator Hedged Nasdaq-100 ETF (QHDG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

QHDG was created on 2024-08-20 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 9.8m in AUM and 103 holdings. QHDG provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility. The actively managed portfolio uses FLEX options to pursue its strategy.

QHDG Shariah Compliance

As of October 2026, Innovator Hedged Nasdaq-100 ETF is classified as not halal.

NOT HALAL

Innovator Hedged Nasdaq-100 ETF (QHDG) Chart

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