Is Innovator 20+ Year Treasury Bond 5 Floor ETF - July halal to invest in?

As of October 2026, Innovator 20+ Year Treasury Bond 5 Floor ETF - July TFJL 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 20+ Year Treasury Bond 5 Floor ETF - July 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 20+ Year Treasury Bond 5 Floor ETF - July using these criteria to determine its compliance status.

How often is the Shariah compliance for Innovator 20+ Year Treasury Bond 5 Floor ETF - July updated?

The Shariah compliance status of Innovator 20+ Year Treasury Bond 5 Floor ETF - July 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 20+ Year Treasury Bond 5 Floor ETF - July 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 20+ Year Treasury Bond 5 Floor ETF - July?

You can check the latest Shariah compliance status of Innovator 20+ Year Treasury Bond 5 Floor ETF - July on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Innovator 20+ Year Treasury Bond 5 Floor ETF - July TFJL

Is Innovator 20+ Year Treasury Bond 5 Floor ETF - July Halal?

Shariah Compliance Analysis of TFJL ETF

No. As of October 2026, Innovator 20+ Year Treasury Bond 5 Floor ETF - July (TFJL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

TFJL was created on 2020-08-18 by Innovator. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 34.93m in AUM and 2 holdings. TFJL aims to provide the price return of a long-term US Treasuries ETF, up to a cap, while minimizing the downside risk over a 3-month period. The actively-managed fund provides such exposure via FLEX options and collateral.

TFJL Shariah Compliance

As of October 2026, Innovator 20+ Year Treasury Bond 5 Floor ETF - July is classified as not halal.

NOT HALAL

Innovator 20+ Year Treasury Bond 5 Floor ETF - July (TFJL) Chart

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