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Innovator Growth Accelerated Plus ETF - July QTJL
QTJL Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Innovator Growth Accelerated Plus ETF - July is classified as not halal.
NOT HALAL
Is Innovator Growth Accelerated Plus ETF - July Halal?
Shariah Compliance Analysis of QTJL ETF
No. As of September 2026, Innovator Growth Accelerated Plus ETF - July (QTJL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Innovator Growth Accelerated Plus ETF - July does not pass Musaffa's business and financial screening criteria.
QTJL was created on 2021-06-30 by Innovator. The fund's investment portfolio concentrates primarily on large cap equity. QTJL aims for 3x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a one-year outcome period.
Innovator Growth Accelerated Plus ETF - July (QTJL) Chart
Key Statistics of Innovator Growth Accelerated Plus ETF - July (QTJL)
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-FAQ's for Innovator Growth Accelerated Plus ETF - July (QTJL)
- As of September 2026, Innovator Growth Accelerated Plus ETF - July QTJL 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 Growth Accelerated Plus ETF - July using these criteria to determine its compliance status.
- The Shariah compliance status of Innovator Growth Accelerated Plus ETF - July 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 Growth Accelerated Plus ETF - July on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
