First Trust Dow Jones Select MicroCap Index Fund

FDM

First Trust

First Trust Dow Jones Select MicroCap Index Fund (FDM) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.82%. 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: 99.82%

Halal 14.69%
Doubtful 3.51%
Not halal 81.62%
Not rated 0.18%

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): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.65%
AUM: 270.53M USD
Holdings: 135 (135 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	14.69%	81.62%
DJIM	Not halal	16.21%	81.62%
FTSE	Not halal	22.44%	75.40%
MSCI	Not halal	24.25%	73.59%
S&P	Not halal	19.97%	77.86%

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 135 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	PDPagerDuty, Inc.	2.12%	Not halal	Not halal	Not halal	Not halal	Halal
2	RIGLRigel Pharmaceuticals, Inc.	1.56%	Not halal	Not halal	Halal	Halal	Halal
3	OSPNOneSpan Inc.	1.54%	Doubtful	Not rated	Not rated	Not rated	Not rated
4	APOGApogee Enterprises, Inc.	1.53%	Halal	Halal	Halal	Halal	Halal
5	QNSTQuinStreet, Inc.	1.53%	Doubtful	Halal	Halal	Halal	Not halal
6	REPXRiley Exploration Permian, Inc.	1.48%	Not halal	Not halal	Halal	Halal	Not halal
7	SMPStandard Motor Products, Inc.	1.46%	Not halal	Not halal	Halal	Halal	Not halal
8	ORRFOrrstown Financial Services, Inc.	1.40%	Not halal	Not halal	Not halal	Not halal	Not halal
9	HRTGHeritage Insurance Holdings, Inc.	1.37%	Not halal	Not halal	Not halal	Not halal	Not halal
10	PAHCPhibro Animal Health Corporation (Class A)	1.33%	Not halal	Not halal	Not halal	Not halal	Not halal
11	IBCPIndependent Bank Corporation	1.32%	Not halal	Not halal	Not halal	Not halal	Not halal
12	FISIFinancial Institutions, Inc.	1.26%	Not halal	Not halal	Not halal	Not halal	Not halal
13	FLOCFlowco Holdings Inc. (Class A)	1.26%	Halal	Halal	Halal	Halal	Halal
14	GCMGGCM Grosvenor Inc. (Class A)	1.26%	Not halal	Not halal	Not halal	Not halal	Not halal
15	HIPOHippo Holdings Inc.	1.21%	Not halal	Not halal	Not halal	Not halal	Not halal
16	CTOCTO Realty Growth, Inc.	1.20%	Not halal	Not halal	Not halal	Not halal	Not halal
17	WASHWashington Trust Bancorp, Inc.	1.20%	Not halal	Not halal	Not halal	Not halal	Not halal
18	PGCPeapack-Gladstone Financial Corporation	1.16%	Not halal	Not halal	Not halal	Not halal	Not halal
19	SENEASeneca Foods Corporation	1.15%	Not halal	Not halal	Halal	Halal	Not halal
20	ROOTRoot, Inc. (Class A)	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
21	CCBGCapital City Bank Group, Inc.	1.13%	Not halal	Not halal	Not halal	Not halal	Not halal
22	HTBHomeTrust Bancshares, Inc.	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
23	SHBIShore Bancshares, Inc.	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
24	CCSIConsensus Cloud Solutions, Inc.	1.11%	Not halal	Not halal	Not halal	Not halal	Not halal
25	BHBBar Harbor Bankshares	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
26	ACNBACNB Corporation	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
27	SPFISouth Plains Financial, Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
28	PFISPeoples Financial Services Corp.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
29	SMBCSouthern Missouri Bancorp, Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
30	PMTPennyMac Mortgage Investment Trust	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
31	EVEREverQuote, Inc. (Class A)	1.05%	Halal	Halal	Halal	Halal	Halal
32	GSBCGreat Southern Bancorp, Inc.	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
33	CARECarter Bankshares, Inc.	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
34	FBIZFirst Business Financial Services, Inc.	1.03%	Not halal	Not halal	Not halal	Not halal	Not halal
35	AROWArrow Financial Corporation	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
36	SCHLScholastic Corporation	1.00%	Halal	Halal	Halal	Halal	Halal
37	TCBXThird Coast Bancshares, Inc.	0.99%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CIVBCivista Bancshares, Inc.	0.95%	Not halal	Not halal	Not halal	Not halal	Not halal
39	BCALCalifornia BanCorp	0.95%	Not halal	Not halal	Not halal	Not halal	Not halal
40	IVRInvesco Mortgage Capital Inc.	0.93%	Not halal	Not halal	Not halal	Not halal	Not halal
41	IIINInsteel Industries, Inc.	0.90%	Halal	Halal	Halal	Halal	Halal
42	ADAMAdamas Trust Inc.	0.89%	Not halal	Not halal	Not halal	Not halal	Not halal
43	SFSTSouthern First Bancshares, Inc.	0.87%	Not halal	Not halal	Not halal	Not halal	Not halal
44	IRWDIronwood Pharmaceuticals, Inc.	0.87%	Not halal	Not halal	Not halal	Not halal	Not halal
45	NRIMNorthrim BanCorp, Inc.	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
46	KRNYKearny Financial Corp.	0.85%	Not halal	Not halal	Not halal	Not halal	Not halal
47	EBFEnnis, Inc.	0.84%	Halal	Halal	Halal	Halal	Halal
48	ABUSArbutus Biopharma Corporation	0.83%	Not halal	Not halal	Not halal	Not halal	Not halal
49	TRTXTPG RE Finance Trust, Inc.	0.81%	Not halal	Not halal	Not halal	Not halal	Not halal
50	CSVCarriage Services, Inc.	0.81%	Not halal	Not halal	Not halal	Not halal	Not halal

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

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