First Trust Nasdaq Bank ETF

FTXO

First Trust

First Trust Nasdaq Bank ETF (FTXO) 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 0.00%
Doubtful 0.00%
Not halal 99.84%
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: 244.14M USD
Holdings: 50 (50 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	0.00%	99.84%
DJIM	Not halal	0.00%	99.84%
FTSE	Not halal	0.00%	99.84%
MSCI	Not halal	0.00%	99.84%
S&P	Not halal	0.00%	99.84%

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 50 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	USBU.S. Bancorp	7.94%	Not halal	Not halal	Not halal	Not halal	Not halal
2	WFCWells Fargo & Company	7.94%	Not halal	Not halal	Not halal	Not halal	Not halal
3	JPMJPMorgan Chase & Co.	7.79%	Not halal	Not halal	Not halal	Not halal	Not halal
4	CCitigroup Inc.	7.66%	Not halal	Not halal	Not halal	Not halal	Not halal
5	BACBank of America Corporation	6.64%	Not halal	Not halal	Not halal	Not halal	Not halal
6	FCNCAFirst Citizens BancShares, Inc. (Class A)	4.47%	Not halal	Not halal	Not halal	Not halal	Not halal
7	FITBFifth Third Bancorp	3.97%	Not halal	Not halal	Not halal	Not halal	Not halal
8	PNCThe PNC Financial Services Group, Inc.	3.91%	Not halal	Not halal	Not halal	Not halal	Not halal
9	MTBM&T Bank Corporation	3.88%	Not halal	Not halal	Not halal	Not halal	Not halal
10	CFGCitizens Financial Group, Inc.	3.81%	Not halal	Not halal	Not halal	Not halal	Not halal
11	KEYKeyCorp	3.47%	Not halal	Not halal	Not halal	Not halal	Not halal
12	RFRegions Financial Corporation	3.35%	Not halal	Not halal	Not halal	Not halal	Not halal
13	EWBCEast West Bancorp, Inc.	1.82%	Not halal	Not halal	Not halal	Not halal	Not halal
14	SSBSouthState Bank Corporation	1.80%	Not halal	Not halal	Not halal	Not halal	Not halal
15	FHNFirst Horizon Corporation	1.61%	Not halal	Not halal	Not halal	Not halal	Not halal
16	ONBOld National Bancorp	1.61%	Not halal	Not halal	Not halal	Not halal	Not halal
17	VLYValley National Bancorp	1.53%	Not halal	Not halal	Not halal	Not halal	Not halal
18	PBProsperity Bancshares, Inc.	1.52%	Not halal	Not halal	Not halal	Not halal	Not halal
19	UMBFUMB Financial Corporation	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
20	ZIONZions Bancorporation, National Association	1.38%	Not halal	Not halal	Not halal	Not halal	Not halal
21	WTFCWintrust Financial Corporation	1.37%	Not halal	Not halal	Not halal	Not halal	Not halal
22	OZKBank OZK	1.19%	Not halal	Not halal	Not halal	Not halal	Not halal
23	BPOPPopular, Inc.	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
24	BOKFBOK Financial Corporation	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
25	UBSIUnited Bankshares, Inc.	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
26	AUBAtlantic Union Bankshares Corporation	0.97%	Not halal	Not halal	Not halal	Not halal	Not halal
27	ASBAssociated Banc-Corp	0.94%	Not halal	Not halal	Not halal	Not halal	Not halal
28	EBCEastern Bankshares, Inc.	0.88%	Not halal	Not halal	Not halal	Not halal	Not halal
29	HOMBHome BancShares, Inc.	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
30	CFRCullen/Frost Bankers, Inc.	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
31	HWCHancock Whitney Corporation	0.86%	Not halal	Not halal	Not halal	Not halal	Not halal
32	ABCBAmeris Bancorp	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
33	UCBUnited Community Banks, Inc.	0.76%	Not halal	Not halal	Not halal	Not halal	Not halal
34	WSBCWesBanco, Inc.	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
35	CBSHCommerce Bancshares, Inc.	0.72%	Not halal	Not halal	Not halal	Not halal	Not halal
36	FULTFulton Financial Corporation	0.65%	Not halal	Not halal	Not halal	Not halal	Not halal
37	IBOCInternational Bancshares Corporation	0.61%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CATYCathay General Bancorp	0.61%	Not halal	Not halal	Not halal	Not halal	Not halal
39	AXAxos Financial, Inc.	0.59%	Not halal	Not halal	Not halal	Not halal	Not halal
40	PFSProvident Financial Services, Inc.	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
41	WSFSWSFS Financial Corporation	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
42	FFBCFirst Financial Bancorp.	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
43	NBTBNBT Bancorp Inc.	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
44	MCHBMechanics Bancorp (Class A)	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
45	NICNicolet Bankshares, Inc.	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
46	TOWNTowneBank	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
47	FBPFirst BanCorp.	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
48	SFBSServisFirst Bancshares, Inc.	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
49	PRKPark National Corporation	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
50	TBBKThe Bancorp, Inc.	0.37%	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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