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Argent Focused Small Cap ETF

ALIL

Argent

Argent Focused Small Cap ETF (ALIL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.91%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.91%
  • Halal 54.15%
  • Doubtful 9.83%
  • Not halal 35.93%
  • Not rated 0.09%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Argent
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.74%
AUM
21.49M USD
Holdings
44 (44 screened)
Basket as of (provider)
30 Oct 2026
Basket fetched by Akinda
30 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal54.15%35.93%
DJIMNot halal49.30%34.22%
FTSENot halal32.87%54.85%
MSCINot halal42.13%41.39%
S&PNot halal51.05%32.47%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–44 of 44 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
PLUSePlus Inc
4.20%DoubtfulNot ratedNot halalNot ratedNot rated
2
NPOEnpro Inc
4.06%HalalNot ratedNot ratedNot ratedNot rated
3
RBCRBC Bearings Inc
3.23%DoubtfulNot ratedNot ratedNot ratedNot rated
4
CHEFChefs' Warehouse Inc/The
3.10%Not halalNot halalNot halalNot halalNot halal
5
FROGJFrog Ltd
3.10%HalalHalalNot halalNot halalHalal
6
GRBKGreen Brick Partners Inc
3.06%HalalHalalHalalHalalHalal
7
LGNDLigand Pharmaceuticals Inc
2.97%Not halalNot halalNot halalNot halalNot halal
8
HLIHoulihan Lokey Inc
2.84%Not halalNot halalNot halalNot halalNot halal
9
HRIHerc Holdings Inc
2.67%Not halalNot halalNot halalNot halalNot halal
10
IESCIES Holdings Inc
2.67%HalalHalalNot halalHalalHalal
11
LQDTLiquidity Services Inc
2.58%HalalHalalNot halalNot halalHalal
12
BFHBread Financial Holdings Inc
2.49%Not halalNot halalNot halalNot halalNot halal
13
DSGXDescartes Systems Group Inc/The
2.49%HalalNot ratedNot ratedNot ratedNot rated
14
NSITInsight Enterprises Inc
2.49%Not halalNot halalNot halalHalalNot halal
15
BELFBBel Fuse Inc
2.40%DoubtfulNot ratedNot ratedNot ratedNot rated
16
AMNAMN Healthcare Services Inc
2.36%Not halalNot halalNot halalNot halalNot halal
17
SKYChampion Homes Inc
2.36%HalalHalalHalalHalalHalal
18
ESIElement Solutions Inc
2.32%HalalHalalHalalHalalHalal
19
MGYMagnolia Oil & Gas Corp
2.32%HalalHalalHalalHalalHalal
20
ATLCAtlanticus Holdings Corp
2.27%Not halalNot halalNot halalNot halalNot halal
21
WSFSWSFS Financial Corp
2.27%Not halalNot halalNot halalNot halalNot halal
22
BCPCBalchem Corp
2.19%HalalHalalHalalHalalHalal
23
DXPEDXP Enterprises Inc/TX
2.14%Not halalNot halalNot halalNot halalNot halal
24
MEDPMedpace Holdings Inc
2.14%HalalHalalHalalHalalHalal
25
TWFGTWFG Inc
2.14%Not halalNot halalNot halalNot halalNot halal
26
EXTRExtreme Networks Inc
2.10%HalalHalalHalalHalalHalal
27
KFRCKforce Inc
2.10%HalalHalalNot halalHalalHalal
28
ARWArrow Electronics Inc
2.01%Not halalNot halalNot halalHalalNot halal
29
APPNAppian Corp
1.97%HalalHalalNot halalNot halalHalal
30
BTUPeabody Energy Corp
1.97%HalalHalalHalalHalalHalal
31
FSSFederal Signal Corp
1.92%HalalHalalHalalHalalHalal
32
INTAIntapp Inc
1.92%HalalHalalHalalHalalHalal
33
INNVInnovage Holding Corp
1.88%HalalHalalHalalHalalHalal
34
AXAxos Financial Inc
1.84%Not halalNot halalNot halalNot halalNot halal
35
MODModine Manufacturing Co
1.84%HalalHalalHalalHalalHalal
36
PRMPerimeter Solutions Inc
1.79%HalalHalalHalalHalalHalal
37
HRMYHarmony Biosciences Holdings Inc
1.75%Not halalNot halalNot halalNot halalHalal
38
SYNASynaptics Inc
1.75%HalalHalalNot halalNot halalHalal
39
HALOHalozyme Therapeutics Inc
1.70%Not halalHalalNot halalNot halalHalal
40
ICFIICF International Inc
1.66%HalalHalalHalalHalalHalal
41
SPTSprout Social Inc
1.62%HalalHalalHalalHalalHalal
42
CSWICSW Industrials Inc
1.44%HalalHalalNot halalNot halalHalal
43
PUMPProPetro Holding Corp
0.92%HalalHalalHalalHalalHalal
44
MRPMillrose Properties Inc
0.87%Not halalNot halalHalalHalalNot halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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