First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

FDL.TO

First Trust

First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) (FDL.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.22%. 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: 98.22%

Halal 27.60%
Doubtful 3.75%
Not halal 66.87%
Not rated 1.78%

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: First Trust
Venue (where it trades): Canada
Domicile (where it is registered): Canada
Reporting currency: CAD
Expense ratio: 0.15%
AUM: 12.97M CAD
Holdings: 97 (96 screened)
Basket as of (provider): 1 Nov 2026
Basket fetched by Akinda: 2 Nov 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	27.60%	66.87%
DJIM	Not halal	26.13%	68.34%
FTSE	Not halal	30.25%	64.23%
MSCI	Not halal	30.25%	64.23%
S&P	Not halal	27.88%	66.59%

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

1–50 of 97 holdings, largest first · basket as of 1 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	CVXChevron Corporation	9.36%	Halal	Halal	Halal	Halal	Halal
2	PFEPfizer Inc.	6.56%	Not halal	Not halal	Halal	Halal	Not halal
3	VZ.NEVerizon Communications Inc.	6.54%	Not halal	Not halal	Not halal	Not halal	Not halal
4	PMPhilip Morris International Inc.	6.53%	Not halal	Not halal	Not halal	Not halal	Not halal
5	PEPPepsiCo, Inc.	5.03%	Halal	Halal	Not halal	Not halal	Halal
6	MOAltria Group, Inc.	5.01%	Not halal	Not halal	Not halal	Not halal	Not halal
7	0Y0Y.LAccenture plc	3.44%	Doubtful	Not rated	Not rated	Not rated	Not rated
8	UPSUnited Parcel Service, Inc. (Class B)	3.23%	Halal	Halal	Halal	Halal	Halal
9	BMYBristol-Myers Squibb Company	3.00%	Not halal	Not halal	Not halal	Not halal	Not halal
10	CMCSAComcast Corporation (Class A)	2.55%	Not halal	Not halal	Not halal	Not halal	Not halal
11	0Y6X.LMedtronic Plc	2.36%	Halal	Halal	Halal	Halal	Halal
12	SOThe Southern Company	2.32%	Not halal	Not halal	Not halal	Not halal	Not halal
13	DUKDuke Energy Corporation	2.23%	Halal	Halal	Halal	Halal	Halal
14	BXBlackstone Inc.	2.09%	Not halal	Not halal	Not halal	Not halal	Not halal
15	USBU.S. Bancorp	1.89%	Not halal	Not halal	Not halal	Not halal	Not halal
16	OKEONEOK, Inc.	1.70%	Not halal	Not halal	Not halal	Not halal	Not halal
17	MDLZMondelez International, Inc.	1.69%	Halal	Halal	Halal	Halal	Halal
18	KMIKinder Morgan, Inc.	1.57%	Not halal	Not halal	Not halal	Not halal	Not halal
19	TFCTruist Financial Corporation	1.49%	Not halal	Not halal	Not halal	Not halal	Not halal
20	DDominion Energy, Inc.	1.41%	Not halal	Not halal	Not halal	Not halal	Not halal
21	TGTTarget Corporation	1.23%	Halal	Not halal	Halal	Halal	Halal
22	NKE.NENIKE, Inc. (Class B)	1.21%	Not rated	Not rated	Not rated	Not rated	Not rated
23	PRUPrudential Financial, Inc.	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
24	EXCExelon Corporation	1.13%	Not halal	Not halal	Not halal	Not halal	Not halal
25	KMBKimberly-Clark Corporation	1.09%	Halal	Halal	Not halal	Not halal	Halal
26	EDConsolidated Edison, Inc.	0.89%	Not halal	Not halal	Not halal	Not halal	Not halal
27	PAYXPaychex, Inc.	0.87%	Not halal	Not halal	Not halal	Not halal	Not halal
28	KHCThe Kraft Heinz Company	0.85%	Not halal	Not halal	Not halal	Not halal	Not halal
29	WECWEC Energy Group, Inc.	0.85%	Not halal	Not halal	Not halal	Not halal	Not halal
30	EIXEdison International	0.84%	Not halal	Not halal	Not halal	Not halal	Not halal
31	PEGPublic Service Enterprise Group Incorporated	0.84%	Not halal	Not halal	Not halal	Not halal	Not halal
32	AMC.AXAmcor plc	0.78%	Not halal	Not halal	Not halal	Not halal	Not halal
33	GISGeneral Mills, Inc.	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
34	ESEversource Energy	0.71%	Not halal	Not halal	Not halal	Not halal	Not halal
35	HBANHuntington Bancshares Incorporated	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
36	TROWT. Rowe Price Group, Inc.	0.65%	Not halal	Not halal	Not halal	Not halal	Not halal
37	ARESAres Management Corporation (Class A)	0.64%	Not halal	Not halal	Not halal	Not halal	Not halal
38	FEFirstEnergy Corp.	0.63%	Not halal	Not halal	Not halal	Not halal	Not halal
39	HPQHP Inc.	0.60%	Not halal	Not halal	Halal	Halal	Not halal
40	DTEDTE Energy Company	0.59%	Not halal	Not halal	Not halal	Not halal	Not halal
41	SWSmurfit Westrock Plc	0.55%	Not halal	Not halal	Halal	Halal	Not halal
42	OMCOmnicom Group Inc.	0.54%	Not halal	Not halal	Halal	Halal	Not halal
43	FISFidelity National Information Services, Inc.	0.52%	Not halal	Not halal	Not halal	Not halal	Not halal
44	RFRegions Financial Corporation	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
45	BBYBest Buy Co., Inc.	0.49%	Halal	Halal	Halal	Halal	Halal
46	KEYKeyCorp	0.45%	Not halal	Not halal	Not halal	Not halal	Not halal
47	EVRGEvergy, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
48	TSNTyson Foods, Inc. (Class A)	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
49	CLXThe Clorox Company	0.35%	Not halal	Not halal	Not halal	Not halal	Halal
50	SWKStanley Black & Decker, Inc.	0.33%	Not halal	Not halal	Halal	Halal	Not halal

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

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