First Trust Value Line 100 Exchange-Traded Fund

FVL

First Trust

First Trust Value Line 100 Exchange-Traded Fund (FVL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.80%. 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: 99.80%

Halal 29.36%
Doubtful 5.81%
Not halal 64.64%
Not rated 0.20%

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: 0.70%
AUM: 36.52M USD
Holdings: 241 (241 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	29.36%	64.64%
DJIM	Not halal	32.72%	63.39%
FTSE	Not halal	20.58%	76.74%
MSCI	Not halal	20.99%	76.32%
S&P	Not halal	34.38%	61.74%

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 241 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	PPGPPG Industries, Inc.	0.45%	Halal	Halal	Halal	Halal	Halal
2	AZNAstraZeneca Plc	0.44%	Halal	Halal	Halal	Halal	Halal
3	ATRAptarGroup, Inc.	0.44%	Halal	Halal	Halal	Halal	Halal
4	GILDGilead Sciences, Inc.	0.44%	Halal	Halal	Not halal	Not halal	Halal
5	LECOLincoln Electric Holdings, Inc.	0.44%	Halal	Halal	Not halal	Not halal	Halal
6	LHXL3Harris Technologies, Inc.	0.44%	Doubtful	Halal	Not halal	Not halal	Halal
7	AONAon Plc (Class A)	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
8	TMUST-Mobile US, Inc.	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
9	MRKMerck & Co., Inc.	0.44%	Halal	Halal	Not halal	Not halal	Halal
10	SNYSanofi (ADR)	0.44%	Halal	Halal	Halal	Halal	Halal
11	MOAltria Group, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
12	PSAPublic Storage	0.43%	Halal	Halal	Not halal	Not halal	Halal
13	ICEIntercontinental Exchange, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
14	LOWLowe's Companies, Inc.	0.43%	Not halal	Halal	Not halal	Not halal	Halal
15	CMCSAComcast Corporation (Class A)	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
16	JJacobs Solutions Inc.	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
17	ECLEcolab Inc.	0.43%	Halal	Halal	Not halal	Not halal	Halal
18	AMGNAmgen Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
19	RPMRPM International Inc.	0.43%	Doubtful	Halal	Halal	Halal	Halal
20	NVSNovartis AG (ADR)	0.43%	Halal	Halal	Halal	Halal	Halal
21	ACNAccenture plc	0.43%	Doubtful	Not rated	Not rated	Not rated	Not rated
22	WECWEC Energy Group, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
23	GDGeneral Dynamics Corporation	0.43%	Doubtful	Halal	Not halal	Not halal	Halal
24	YUMYum! Brands, Inc.	0.43%	Halal	Halal	Not halal	Not halal	Halal
25	VZVerizon Communications Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
26	IDAIDACORP, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
27	KIMKimco Realty Corporation	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
28	DGXQuest Diagnostics Incorporated	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
29	EXCExelon Corporation	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
30	WMBThe Williams Companies, Inc.	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
31	APDAir Products and Chemicals, Inc.	0.42%	Halal	Halal	Not halal	Not halal	Halal
32	AJGArthur J. Gallagher & Co.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
33	PMPhilip Morris International Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
34	TRPTC Energy Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
35	MDLZMondelez International, Inc.	0.42%	Halal	Halal	Halal	Halal	Halal
36	LNTAlliant Energy Corporation	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
37	HDThe Home Depot, Inc.	0.42%	Halal	Halal	Not halal	Not halal	Halal
38	MRSHMarsh & McLennan Companies, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
39	PEGPublic Service Enterprise Group Incorporated	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
40	CNPCenterPoint Energy, Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
41	MCDMcDonald's Corporation	0.42%	Halal	Halal	Not halal	Not halal	Halal
42	DTEDTE Energy Company	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
43	ABBVAbbVie Inc.	0.42%	Halal	Halal	Not halal	Not halal	Halal
44	FHIFederated Hermes, Inc. (Class B)	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
45	REYNReynolds Consumer Products Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Halal
46	SRSpire Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
47	NINiSource Inc.	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
48	AMCRAmcor plc	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
49	JNJJohnson & Johnson	0.42%	Halal	Halal	Halal	Halal	Halal
50	NSCNorfolk Southern Corporation	0.42%	Halal	Halal	Not halal	Not halal	Halal

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

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