First Trust Nasdaq BuyWrite Income ETF

FTQI

First Trust

First Trust Nasdaq BuyWrite Income ETF (FTQI) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 94.89%. 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: 94.89%

Halal 69.67%
Doubtful 10.80%
Not halal 14.42%
Not rated 5.11%

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: 0.75%
AUM: 991.60M USD
Holdings: 173 (172 screened)
Basket as of (provider): 3 Nov 2026
Basket fetched by Akinda: 3 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	69.67%	14.42%
DJIM	Not halal	70.97%	14.22%
FTSE	Not halal	55.52%	33.75%
MSCI	Not halal	55.60%	33.67%
S&P	Not halal	71.68%	13.27%

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 173 holdings, largest first · basket as of 3 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	AAPLApple Inc.	9.25%	Halal	Halal	Halal	Halal	Halal
2	NVDANVIDIA Corporation	6.11%	Halal	Halal	Halal	Halal	Halal
3	AMDAdvanced Micro Devices, Inc.	4.89%	Halal	Halal	Halal	Halal	Halal
4	AMZNAmazon.com, Inc.	4.03%	Halal	Halal	Halal	Halal	Halal
5	CSCOCisco Systems, Inc.	3.12%	Halal	Halal	Halal	Halal	Halal
6	TSLATesla, Inc.	3.03%	Halal	Halal	Halal	Halal	Halal
7	PLTRPalantir Technologies Inc. (Class A)	2.71%	Doubtful	Not rated	Not halal	Not halal	Not rated
8	METAMeta Platforms, Inc. (Class A)	2.62%	Halal	Halal	Halal	Halal	Halal
9	MUMicron Technology, Inc.	2.07%	Halal	Halal	Halal	Halal	Halal
10	GOOGAlphabet Inc. (Class C)	1.71%	Doubtful	Not rated	Not rated	Not rated	Not rated
11	GOOGLAlphabet Inc. (Class A)	1.70%	Doubtful	Not rated	Not rated	Not rated	Not rated
12	STXSeagate Technology Holdings Plc	1.68%	Halal	Halal	Not halal	Not halal	Halal
13	AVGOBroadcom Inc.	1.59%	Halal	Halal	Not halal	Not halal	Halal
14	MSFTMicrosoft Corporation	1.54%	Halal	Halal	Halal	Halal	Halal
15	ABBVAbbVie Inc.	1.52%	Halal	Halal	Not halal	Not halal	Halal
16	COSTCostco Wholesale Corporation	1.51%	Halal	Halal	Halal	Halal	Halal
17	PANWPalo Alto Networks, Inc.	1.48%	Halal	Halal	Halal	Halal	Halal
18	GILDGilead Sciences, Inc.	1.43%	Halal	Halal	Not halal	Not halal	Halal
19	KLACKLA Corporation	1.16%	Halal	Halal	Halal	Halal	Halal
20	NFLXNetflix, Inc.	1.11%	Not halal	Not halal	Not halal	Not halal	Not halal
21	CMECME Group Inc.	1.09%	Not halal	Not halal	Not halal	Not halal	Not halal
22	AMGNAmgen Inc.	1.09%	Not halal	Not halal	Not halal	Not halal	Not halal
23	LRCXLam Research Corporation	1.01%	Halal	Halal	Halal	Halal	Halal
24	AMATApplied Materials, Inc.	1.01%	Halal	Halal	Halal	Halal	Halal
25	EBAYeBay Inc.	0.96%	Doubtful	Not rated	Not halal	Not halal	Not rated
26	EXPEExpedia Group, Inc.	0.84%	Not halal	Halal	Not halal	Not halal	Halal
27	MEDPMedpace Holdings, Inc.	0.83%	Halal	Halal	Halal	Halal	Halal
28	ILMNIllumina, Inc.	0.77%	Halal	Not rated	Not rated	Not rated	Not rated
29	WWDWoodward, Inc.	0.74%	Doubtful	Halal	Not halal	Not halal	Halal
30	DOCUDocuSign, Inc.	0.71%	Halal	Halal	Halal	Halal	Halal
31	EQIXEquinix, Inc.	0.68%	Halal	Halal	Not halal	Not halal	Halal
32	INTCIntel Corporation	0.68%	Doubtful	Not rated	Not rated	Not rated	Not rated
33	GHGuardant Health, Inc.	0.66%	Halal	Halal	Not halal	Not halal	Halal
34	CATCaterpillar Inc.	0.65%	Halal	Halal	Not halal	Not halal	Halal
35	TXRHTexas Roadhouse, Inc.	0.65%	Halal	Halal	Halal	Halal	Halal
36	FFIVF5, Inc.	0.64%	Halal	Halal	Halal	Halal	Halal
37	INCYIncyte Corporation	0.59%	Halal	Halal	Not halal	Not halal	Halal
38	VRSNVeriSign, Inc.	0.59%	Halal	Halal	Not halal	Not halal	Halal
39	JBHTJ.B. Hunt Transport Services, Inc.	0.55%	Halal	Halal	Halal	Halal	Halal
40	CASYCasey's General Stores, Inc.	0.53%	Halal	Halal	Halal	Halal	Halal
41	IBKRInteractive Brokers Group, Inc. (Class A)	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
42	IDCCInterDigital, Inc.	0.53%	Halal	Halal	Not halal	Not halal	Halal
43	QLYSQualys, Inc.	0.52%	Doubtful	Not halal	Not halal	Not halal	Not halal
44	LNTAlliant Energy Corporation	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
45	RPRXRoyalty Pharma Plc (Class A)	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
46	ARGXargenx SE (ADR)	0.48%	Halal	Halal	Not halal	Not halal	Halal
47	GEVGE Vernova Inc.	0.47%	Halal	Halal	Halal	Halal	Halal
48	HOODRobinhood Markets, Inc. (Class A)	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
49	BPBP p.l.c. (ADR)	0.45%	Not halal	Not halal	Halal	Halal	Not halal
50	MPWRMonolithic Power Systems, Inc.	0.45%	Halal	Halal	Halal	Halal	Halal

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

How Akinda screens funds and stocks