HSBC Plus USA Equity Quant Active UCITS ETF AccumUSD

HQUD.L

HSBC

HSBC Plus USA Equity Quant Active UCITS ETF AccumUSD (HQUD.L) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.30%. 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: 98.30%

Halal 63.59%
Doubtful 11.47%
Not halal 23.24%
Not rated 1.70%

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: HSBC
Venue (where it trades): United Kingdom
Domicile (where it is registered): Ireland
Reporting currency: USD
Expense ratio: 0.15%
AUM: 132.66M USD
Holdings: 334 (327 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	63.59%	23.24%
DJIM	Not halal	65.04%	23.91%
FTSE	Not halal	53.96%	36.80%
MSCI	Not halal	53.99%	36.76%
S&P	Not halal	65.47%	23.49%

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 334 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	NVDANVIDIA Corp	8.14%	Halal	Halal	Halal	Halal	Halal
2	AAPLApple Inc	7.90%	Halal	Halal	Halal	Halal	Halal
3	MSFTMicrosoft Corp	6.13%	Halal	Halal	Halal	Halal	Halal
4	AMZNAmazon.com Inc	3.56%	Halal	Halal	Halal	Halal	Halal
5	GOOGLAlphabet Inc Class A	2.94%	Doubtful	Not rated	Not rated	Not rated	Not rated
6	GOOGAlphabet Inc Class C	2.45%	Doubtful	Not rated	Not rated	Not rated	Not rated
7	AVGOBroadcom Inc	2.34%	Halal	Halal	Not halal	Not halal	Halal
8	METAMeta Platforms Inc Class A	2.10%	Halal	Halal	Halal	Halal	Halal
9	BRK-BBerkshire Hathaway Inc Class B	1.99%	Not halal	Not halal	Not halal	Not halal	Not halal
10	MUMicron Technology Inc	1.55%	Halal	Halal	Halal	Halal	Halal
11	TSLATesla Inc	1.43%	Halal	Halal	Halal	Halal	Halal
12	LLYEli Lilly and Co	1.42%	Halal	Halal	Not halal	Not halal	Halal
13	AMDAdvanced Micro Devices Inc	1.30%	Halal	Halal	Halal	Halal	Halal
14	XOMExxonMobil Holdings Corp	1.06%	Halal	Halal	Halal	Halal	Halal
15	JPMJPMorgan Chase & Co	1.04%	Not halal	Not halal	Not halal	Not halal	Not halal
16	JNJJohnson & Johnson	0.88%	Halal	Halal	Halal	Halal	Halal
17	PGProcter & Gamble Co	0.86%	Halal	Halal	Halal	Halal	Halal
18	VVisa Inc Class A	0.76%	Halal	Not halal	Not halal	Not halal	Not halal
19	PLTRPalantir Technologies Inc Ordinary Shares - Class A	0.68%	Doubtful	Not rated	Not halal	Not halal	Not rated
20	ABBVAbbVie Inc	0.67%	Halal	Halal	Not halal	Not halal	Halal
21	UNHUnitedHealth Group Inc	0.64%	Not halal	Not halal	Not halal	Not halal	Not halal
22	MAMastercard Inc Class A	0.63%	Doubtful	Not halal	Not halal	Not halal	Not halal
23	INTCIntel Corp	0.61%	Doubtful	Not rated	Not rated	Not rated	Not rated
24	COSTCostco Wholesale Corp	0.60%	Halal	Halal	Halal	Halal	Halal
25	HDThe Home Depot Inc	0.58%	Halal	Halal	Not halal	Not halal	Halal
26	EDConsolidated Edison Inc	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
27	FERGFerguson Enterprises Inc	0.52%	Halal	Halal	Halal	Halal	Halal
28	WMTWalmart Inc	0.51%	Halal	Halal	Halal	Halal	Halal
29	AMATApplied Materials Inc	0.49%	Halal	Halal	Halal	Halal	Halal
30	ORealty Income Corp	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
31	DUKDuke Energy Corp	0.49%	Halal	Halal	Halal	Halal	Halal
32	STTState Street Corp	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
33	MCDMcDonald's Corp	0.47%	Halal	Halal	Not halal	Not halal	Halal
34	COPConocoPhillips	0.47%	Halal	Halal	Halal	Halal	Halal
35	0Y0Y.LAccenture PLC Class A	0.47%	Not rated	Not rated	Not rated	Not rated	Not rated
36	LRCXLam Research Corp	0.45%	Halal	Halal	Halal	Halal	Halal
37	EOGEOG Resources Inc	0.43%	Halal	Halal	Halal	Halal	Halal
38	COFCapital One Financial Corp	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
39	PFEPfizer Inc	0.42%	Not halal	Not halal	Halal	Halal	Not halal
40	HIGThe Hartford Insurance Group Inc	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
41	CSCOCisco Systems Inc	0.41%	Halal	Halal	Halal	Halal	Halal
42	TJXTJX Companies Inc	0.41%	Halal	Halal	Halal	Halal	Halal
43	CATCaterpillar Inc	0.40%	Halal	Halal	Not halal	Not halal	Halal
44	PANWPalo Alto Networks Inc	0.40%	Halal	Halal	Halal	Halal	Halal
45	AXPAmerican Express Co	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
46	TMOThermo Fisher Scientific Inc	0.39%	Halal	Halal	Not halal	Not halal	Halal
47	MRKMerck & Co Inc	0.38%	Halal	Halal	Not halal	Not halal	Halal
48	PMPhilip Morris International Inc	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
49	VICIVICI Properties Inc Ordinary Shares	0.38%	Not halal	Not halal	Not halal	Not halal	Not halal
50	TRVThe Travelers Companies 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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