Is FT Vest U.S. Equity Enhance & Moderate Buffer ETF - June Halal?

XJUN was created on 2021-07-12 by FT Vest. The fund's investment portfolio concentrates primarily on large cap equity. XJUN seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a one-year period. The actively managed fund holds options and collateral.