First Trust Technology AlphaDEX Fund

FXL

First Trust

First Trust Technology AlphaDEX Fund (FXL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.89%. 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: 99.89%

Halal 63.71%
Doubtful 11.77%
Not halal 24.41%
Not rated 0.11%

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: 0.60%
AUM: 2.63B USD
Holdings: 110 (110 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	63.71%	24.41%
DJIM	Not halal	65.08%	22.19%
FTSE	Not halal	44.23%	47.60%
MSCI	Not halal	45.80%	46.03%
S&P	Not halal	65.08%	20.54%

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 110 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	EPAMEPAM Systems, Inc.	2.03%	Doubtful	Not rated	Not rated	Not rated	Not rated
2	NIQNIQ Global Intelligence Plc	1.83%	Not halal	Not halal	Not halal	Not halal	Not halal
3	CTSHCognizant Technology Solutions Corporation	1.78%	Doubtful	Not rated	Not rated	Not rated	Not rated
4	PTCPTC Inc.	1.75%	Halal	Halal	Halal	Halal	Halal
5	MBGLMobility Global Inc.	1.73%	Halal	Halal	Halal	Halal	Halal
6	RNGRingCentral, Inc. (Class A)	1.71%	Not halal	Not halal	Not halal	Not halal	Not halal
7	RBRKRubrik, Inc. (Class A)	1.70%	Halal	Halal	Not halal	Not halal	Halal
8	TEAMAtlassian Corporation (Class A)	1.68%	Halal	Halal	Halal	Halal	Halal
9	ROPRoper Technologies, Inc.	1.67%	Halal	Halal	Halal	Halal	Halal
10	SSentinelOne, Inc. (Class A)	1.66%	Halal	Halal	Halal	Halal	Halal
11	ZMZoom Communications, Inc. (Class A)	1.65%	Not halal	Not halal	Not halal	Not halal	Not rated
12	PEverpure, Inc. (Class A)	1.52%	Halal	Halal	Halal	Halal	Halal
13	NTAPNetApp, Inc.	1.49%	Halal	Halal	Not halal	Not halal	Halal
14	CRWDCrowdStrike Holdings, Inc. (Class A)	1.48%	Halal	Halal	Not halal	Not halal	Halal
15	LDOSLeidos Holdings, Inc.	1.47%	Doubtful	Not rated	Not halal	Not halal	Not rated
16	PANWPalo Alto Networks, Inc.	1.44%	Halal	Halal	Halal	Halal	Halal
17	SNOWSnowflake Inc. (Class A)	1.41%	Halal	Halal	Not halal	Not halal	Halal
18	KBRKBR, Inc.	1.38%	Not halal	Not halal	Not halal	Not halal	Not halal
19	DOXAmdocs Limited	1.38%	Halal	Halal	Halal	Halal	Halal
20	OLEDUniversal Display Corporation	1.37%	Not halal	Not halal	Not halal	Not halal	Not halal
21	PPLIPeople Inc.	1.33%	Not halal	Not halal	Not halal	Not halal	Not halal
22	ESTCElastic N.V.	1.33%	Halal	Halal	Not halal	Not halal	Halal
23	ADIAnalog Devices, Inc.	1.32%	Halal	Halal	Halal	Halal	Halal
24	AAPLApple Inc.	1.30%	Halal	Halal	Halal	Halal	Halal
25	AMDAdvanced Micro Devices, Inc.	1.29%	Halal	Halal	Halal	Halal	Halal
26	MDBMongoDB, Inc.	1.27%	Halal	Halal	Not halal	Not halal	Halal
27	NETCloudflare, Inc. (Class A)	1.27%	Not halal	Not halal	Not halal	Not halal	Not halal
28	SMCISuper Micro Computer, Inc.	1.26%	Not halal	Not halal	Halal	Halal	Not halal
29	DTDynatrace, Inc.	1.25%	Halal	Halal	Halal	Halal	Halal
30	GENGen Digital Inc.	1.24%	Not halal	Not halal	Not halal	Not halal	Not halal
31	DELLDell Technologies Inc. (Class C)	1.24%	Not halal	Halal	Halal	Halal	Halal
32	PLTRPalantir Technologies Inc. (Class A)	1.23%	Doubtful	Not rated	Not halal	Not halal	Not rated
33	CARTMaplebear Inc. (Instacart)	1.23%	Halal	Halal	Halal	Halal	Halal
34	SANMSanmina Corporation	1.21%	Halal	Halal	Halal	Halal	Halal
35	FTNTFortinet, Inc.	1.19%	Halal	Halal	Not halal	Not halal	Halal
36	APHAmphenol Corporation	1.18%	Halal	Halal	Not halal	Not halal	Halal
37	INTUIntuit Inc.	1.16%	Doubtful	Not rated	Not rated	Not rated	Not rated
38	DOCUDocuSign, Inc.	1.15%	Halal	Halal	Halal	Halal	Halal
39	CRUSCirrus Logic, Inc.	1.15%	Halal	Halal	Not halal	Not halal	Halal
40	NVDANVIDIA Corporation	1.12%	Halal	Halal	Halal	Halal	Halal
41	SAICScience Applications International Corporation	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
42	TWLOTwilio Inc. (Class A)	1.10%	Halal	Halal	Halal	Halal	Halal
43	DDOGDatadog, Inc. (Class A)	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
44	METAMeta Platforms, Inc. (Class A)	1.06%	Halal	Halal	Halal	Halal	Halal
45	MUMicron Technology, Inc.	1.04%	Halal	Halal	Halal	Halal	Halal
46	IOTSamsara Inc. (Class A)	1.04%	Halal	Halal	Halal	Halal	Halal
47	TOSTToast, Inc. (Class A)	1.03%	Halal	Halal	Not halal	Not halal	Halal
48	TXNTexas Instruments Incorporated	1.01%	Halal	Halal	Not halal	Not halal	Halal
49	INGMIngram Micro Holding Corporation	1.00%	Not halal	Not halal	Not halal	Halal	Not halal
50	ADBEAdobe Incorporated	0.98%	Halal	Halal	Halal	Halal	Halal

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

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