Yes, it is. If your iPhone is on iOS 15.0-16.1.2 you can sideload install a “tweak” (with your Apple Account using Sideloadly app on your computer) called Cowabunga that has the option to enable Dynamic Island on ANY device. It looks best with non-not he’d devices, obviously, and is partially obstructed by the notch, so it looks best on iPhone 8 and lower. It doesn’t play well on iPads because iPadOS is not programmed to use Dynamic Island quite yet.