Morgan Stanley Pathway Funds - Small-Mid Cap Equity ETF

MSSM

Morgan Stanley

Morgan Stanley Pathway Funds - Small-Mid Cap Equity ETF (MSSM) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 97.39%. 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: 97.39%

Halal 34.03%
Doubtful 6.93%
Not halal 56.43%
Not rated 2.61%

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: Morgan Stanley
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.89%
AUM: 698.57M USD
Holdings: 1,816 (1,800 screened)
Basket as of (provider): 23 Oct 2026
Basket fetched by Akinda: 23 Oct 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	34.03%	56.43%
DJIM	Not halal	36.46%	55.36%
FTSE	Not halal	29.24%	64.20%
MSCI	Not halal	29.98%	62.95%
S&P	Not halal	37.36%	54.11%

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 1,816 holdings, largest first · basket as of 23 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	DTDYNATRACE INC	0.94%	Halal	Halal	Halal	Halal	Halal
2	ASNDASCENDIS PHARMA A/S	0.76%	Halal	Halal	Not halal	Not halal	Halal
3	KBRKBR INC	0.69%	Not halal	Not halal	Not halal	Not halal	Not halal
4	HAEHAEMONETICS CORP/MASS	0.58%	Not halal	Not halal	Not halal	Not halal	Not halal
5	VSATVIASAT INC	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
6	MRNAMODERNA INC	0.52%	Not halal	Not halal	Not halal	Not halal	Not halal
7	LTHLIFE TIME GROUP HOLDINGS INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
8	FTITECHNIPFMC PLC	0.51%	Halal	Halal	Halal	Halal	Halal
9	VRNSVARONIS SYSTEMS INC	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
10	TCBITEXAS CAPITAL BANCSHARES INC	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
11	VECOVEECO INSTRUMENTS INC	0.49%	Halal	Halal	Halal	Halal	Halal
12	GTLBGITLAB INC-CL A	0.49%	Halal	Halal	Not halal	Not halal	Halal
13	EATBRINKER INTERNATIONAL INC	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
14	RHPRYMAN HOSPITALITY PROPERTIES	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
15	OPLNOPENLANE INC	0.48%	Not halal	Not halal	Not halal	Not rated	Not halal
16	CHEFCHEFS' WAREHOUSE INC/THE	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
17	BTSGBRIGHTSPRING HEALTH SERVICES	0.47%	Not halal	Not halal	Not halal	Not halal	Not halal
18	PLXSPLEXUS CORP	0.47%	Doubtful	Not rated	Not rated	Not rated	Not rated
19	THCTENET HEALTHCARE CORP	0.46%	Not halal	Not halal	Not halal	Not halal	Not halal
20	IMAXIMAX CORP	0.46%	Not halal	Not halal	Not halal	Not halal	Not halal
21	WTFCWINTRUST FINANCIAL CORP	0.46%	Not halal	Not halal	Not halal	Not halal	Not halal
22	ITTITT INC	0.46%	Doubtful	Not rated	Not rated	Not rated	Not rated
23	RRXREGAL REXNORD CORP	0.45%	Not halal	Not halal	Not halal	Not halal	Not halal
24	SFMSPROUTS FARMERS MARKET INC	0.45%	Halal	Halal	Halal	Halal	Halal
25	AERAERCAP HOLDINGS NV	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
26	RMBSRAMBUS INC	0.43%	Halal	Halal	Not halal	Not halal	Halal
27	ACAARCOSA INC	0.42%	Not halal	Not halal	Halal	Halal	Not halal
28	ORAORMAT TECHNOLOGIES INC	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
29	RYTMRHYTHM PHARMACEUTICALS INC	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
30	FCFSFIRSTCASH HOLDINGS INC	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
31	EGEVEREST GROUP LTD	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
32	USFDUS FOODS HOLDING CORP	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
33	AITAPPLIED INDUSTRIAL TECH INC	0.41%	Halal	Halal	Halal	Halal	Halal
34	PCVXVAXCYTE INC	0.41%	Not halal	Not halal	Not halal	Not halal	Not halal
35	FFIVF5 INC	0.41%	Halal	Halal	Halal	Halal	Halal
36	AVNTAVIENT CORP	0.40%	Not halal	Not halal	Halal	Halal	Not halal
37	CWSTCASELLA WASTE SYSTEMS INC-A	0.40%	Halal	Halal	Halal	Halal	Halal
38	HASHASBRO INC	0.39%	Not halal	Not halal	Not halal	Not halal	Not halal
39	AVYAVERY DENNISON CORP	0.39%	Halal	Halal	Not halal	Not halal	Halal
40	PLMRPALOMAR HOLDINGS INC	0.37%	Not halal	Not halal	Not halal	Not halal	Not halal
41	IRTCIRHYTHM HOLDINGS INC	0.37%	Halal	Halal	Not halal	Not halal	Halal
42	COCOVITA COCO CO INC/THE	0.37%	Halal	Halal	Not halal	Not halal	Halal
43	RSRELIANCE INC	0.37%	Halal	Halal	Halal	Halal	Halal
44	NWENORTHWESTERN ENERGY GROUP IN	0.36%	Not halal	Not halal	Not halal	Not halal	Not halal
45	PRPERMIAN RESOURCES CORP-CL A	0.35%	Not halal	Not halal	Halal	Halal	Not halal
46	GKOSGLAUKOS CORP	0.35%	Halal	Halal	Halal	Halal	Halal
47	TENBTENABLE HOLDINGS INC	0.35%	Halal	Halal	Halal	Halal	Halal
48	THGHANOVER INSURANCE GROUP INC/	0.35%	Not halal	Not halal	Not halal	Not halal	Not halal
49	APGAPI GROUP CORP	0.34%	Halal	Halal	Halal	Halal	Halal
50	HQYHEALTHEQUITY INC	0.34%	Doubtful	Not rated	Not rated	Not rated	Not rated

...

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

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