First Trust SMID Growth Strength ETF

FSGS

First Trust

First Trust SMID Growth Strength ETF (FSGS) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.84%. 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: 99.84%

Halal 56.03%
Doubtful 14.89%
Not halal 28.93%
Not rated 0.16%

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: 0.60%
AUM: 30.02M USD
Holdings: 100 (100 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	56.03%	28.93%
DJIM	Not halal	58.76%	31.12%
FTSE	Not halal	25.95%	66.69%
MSCI	Not halal	27.68%	64.97%
S&P	Not halal	61.77%	28.10%

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 100 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	AVPTAvePoint, Inc.	1.17%	Halal	Halal	Not halal	Not halal	Halal
2	ARLOArlo Technologies, Inc.	1.17%	Halal	Halal	Not halal	Not halal	Halal
3	JLLJones Lang LaSalle Incorporated	1.15%	Halal	Halal	Halal	Halal	Halal
4	EFXEquifax Inc.	1.12%	Halal	Halal	Not halal	Not halal	Halal
5	EVREvercore Inc.	1.12%	Doubtful	Not halal	Not halal	Not halal	Not halal
6	TCBITexas Capital Bancshares, Inc.	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
7	UTHRUnited Therapeutics Corporation	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
8	FLSFlowserve Corporation	1.10%	Halal	Not rated	Not rated	Not rated	Not rated
9	MANHManhattan Associates, Inc.	1.10%	Halal	Halal	Not halal	Not halal	Halal
10	EXELExelixis, Inc.	1.09%	Halal	Halal	Not halal	Not halal	Halal
11	FIGSFIGS, Inc. (Class A)	1.09%	Halal	Halal	Not halal	Not halal	Halal
12	HQYHealthEquity, Inc.	1.09%	Doubtful	Not rated	Not rated	Not rated	Not rated
13	OSKOshkosh Corporation	1.08%	Doubtful	Halal	Not halal	Not halal	Halal
14	DOCUDocuSign, Inc.	1.08%	Halal	Halal	Halal	Halal	Halal
15	TDWTidewater Inc.	1.08%	Halal	Halal	Halal	Halal	Halal
16	PJTPJT Partners Inc. (Class A)	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
17	MORNMorningstar, Inc.	1.07%	Halal	Not halal	Not halal	Not halal	Not halal
18	BOOTBoot Barn Holdings, Inc.	1.06%	Halal	Halal	Halal	Halal	Halal
19	UPWKUpwork Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Halal
20	TXRHTexas Roadhouse, Inc.	1.06%	Halal	Halal	Halal	Halal	Halal
21	QTWOQ2 Holdings, Inc.	1.06%	Doubtful	Not rated	Not rated	Not rated	Not rated
22	FIVEFive Below, Inc.	1.06%	Halal	Halal	Halal	Halal	Halal
23	TWTradeweb Markets Inc. (Class A)	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
24	NBIXNeurocrine Biosciences, Inc.	1.05%	Halal	Halal	Halal	Halal	Halal
25	HALOHalozyme Therapeutics, Inc.	1.05%	Not halal	Halal	Not halal	Not halal	Halal
26	MCMoelis & Company (Class A)	1.05%	Halal	Not halal	Not halal	Not halal	Not halal
27	FRSHFreshworks Inc. (Class A)	1.05%	Halal	Halal	Not halal	Not halal	Halal
28	PATHUiPath, Inc. (Class A)	1.05%	Halal	Halal	Not halal	Not halal	Halal
29	QNSTQuinStreet, Inc.	1.04%	Doubtful	Halal	Halal	Halal	Not halal
30	INCYIncyte Corporation	1.04%	Halal	Halal	Not halal	Not halal	Halal
31	EHCEncompass Health Corporation	1.04%	Halal	Halal	Halal	Halal	Halal
32	PODDInsulet Corporation	1.04%	Halal	Halal	Halal	Halal	Halal
33	ESTCElastic N.V.	1.04%	Halal	Halal	Not halal	Not halal	Halal
34	PRPermian Resources Corp.	1.04%	Not halal	Not halal	Halal	Halal	Not halal
35	CINFCincinnati Financial Corporation	1.04%	Not halal	Not halal	Not halal	Not halal	Not halal
36	MEDPMedpace Holdings, Inc.	1.03%	Halal	Halal	Halal	Halal	Halal
37	AGYSAgilysys, Inc.	1.03%	Halal	Halal	Halal	Halal	Halal
38	PAYCPaycom Software, Inc.	1.03%	Doubtful	Not rated	Not rated	Not rated	Not rated
39	ACGLArch Capital Group Ltd.	1.03%	Not halal	Not halal	Not halal	Not halal	Not halal
40	EXLSExlService Holdings, Inc.	1.03%	Halal	Halal	Halal	Halal	Halal
41	YOUClear Secure, Inc. (Class A)	1.03%	Halal	Halal	Not halal	Not halal	Halal
42	RDNRadian Group Inc.	1.02%	Not halal	Not halal	Not halal	Not halal	Not halal
43	PAYPaymentus Holdings, Inc. (Class A)	1.02%	Doubtful	Not rated	Not halal	Not halal	Not rated
44	EATBrinker International, Inc.	1.02%	Not halal	Not halal	Not halal	Not halal	Not halal
45	NYTThe New York Times Company (Class A)	1.01%	Doubtful	Not rated	Not rated	Not rated	Not rated
46	CELHCelsius Holdings, Inc.	1.01%	Halal	Halal	Halal	Halal	Halal
47	ENSGThe Ensign Group, Inc.	1.01%	Halal	Halal	Not halal	Not halal	Halal
48	PCTYPaylocity Holding Corporation	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
49	UMBFUMB Financial Corporation	1.01%	Not halal	Not halal	Not halal	Not halal	Not halal
50	HLNEHamilton Lane Incorporated (Class A)	1.00%	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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