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Optimized Equity Income ETF

OEI

Core Alternative

Optimized Equity Income ETF (OEI) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 97.68%. 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: 97.68%
  • Halal 64.46%
  • Doubtful 15.53%
  • Not halal 17.69%
  • Not rated 2.32%

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
Core Alternative
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
1.02%
AUM
52.44M USD
Holdings
81 (81 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
26 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal64.46%17.69%
DJIMNot halal64.99%23.05%
FTSENot halal48.34%41.15%
MSCINot halal48.34%41.15%
S&PNot halal64.99%23.05%

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 81 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
NVDANVIDIA Corp
8.44%HalalHalalHalalHalalHalal
2
AAPLApple Inc
4.75%HalalHalalHalalHalalHalal
3
MSFTMicrosoft Corp
4.46%HalalHalalHalalHalalHalal
4
AMZNAmazon.com Inc
4.15%HalalHalalHalalHalalHalal
5
GOOGLAlphabet Inc
3.12%DoubtfulNot ratedNot ratedNot ratedNot rated
6
MUMicron Technology Inc
2.64%HalalHalalHalalHalalHalal
7
METAMeta Platforms Inc
2.50%HalalHalalHalalHalalHalal
8
AVGOBroadcom Inc
2.49%HalalHalalNot halalNot halalHalal
9
GOOGAlphabet Inc
2.47%DoubtfulNot ratedNot ratedNot ratedNot rated
10
XOMExxonMobil Holdings Corp
2.34%HalalHalalHalalHalalHalal
11
JNJJohnson & Johnson
2.17%HalalHalalHalalHalalHalal
12
LLYEli Lilly & Co
1.77%HalalHalalNot halalNot halalHalal
13
ABBVAbbVie Inc
1.76%HalalHalalNot halalNot halalHalal
14
TSLATesla Inc
1.73%HalalHalalHalalHalalHalal
15
MAMastercard Inc
1.71%DoubtfulNot halalNot halalNot halalNot halal
16
BRK-BBerkshire Hathaway Inc
1.69%Not halalNot halalNot halalNot halalNot halal
17
AMDAdvanced Micro Devices Inc
1.63%HalalHalalHalalHalalHalal
18
BKNGBooking Holdings Inc
1.55%DoubtfulNot halalNot halalNot halalNot halal
19
CVXChevron Corp
1.48%HalalHalalHalalHalalHalal
20
JPMJPMORGAN CHASE & CO.
1.43%Not halalNot halalNot halalNot halalNot halal
21
CSCOCisco Systems Inc
1.37%HalalHalalHalalHalalHalal
22
VVisa Inc
1.28%HalalNot halalNot halalNot halalNot halal
23
INTCIntel Corp
1.25%DoubtfulNot ratedNot ratedNot ratedNot rated
24
MRKMerck & Co Inc
1.25%HalalHalalNot halalNot halalHalal
25
WMTWalmart Inc
1.21%HalalHalalHalalHalalHalal
26
PGProcter & Gamble Co/The
1.20%HalalHalalHalalHalalHalal
27
COSTCostco Wholesale Corp
1.18%HalalHalalHalalHalalHalal
28
UNHUnitedHealth Group Inc
1.15%Not halalNot halalNot halalNot halalNot halal
29
HDHome Depot Inc/The
1.14%HalalHalalNot halalNot halalHalal
30
GEGE AEROSPACE
1.13%DoubtfulHalalNot halalNot halalHalal
31
BACBank of America Corp
1.12%Not halalNot halalNot halalNot halalNot halal
32
PMPhilip Morris International Inc
1.09%Not halalNot halalNot halalNot halalNot halal
33
TMOThermo Fisher Scientific Inc
1.04%HalalHalalNot halalNot halalHalal
34
RTXRTX Corp
0.98%DoubtfulHalalNot halalNot halalHalal
35
GEVGE Vernova Inc
0.96%HalalHalalHalalHalalHalal
36
KOCoca-Cola Co/The
0.95%HalalHalalNot halalNot halalHalal
37
CATCaterpillar Inc
0.88%HalalHalalNot halalNot halalHalal
38
BLKBlackrock Inc
0.88%Not halalNot halalNot halalNot halalNot halal
39
WFCWells Fargo & Co
0.86%Not halalNot halalNot halalNot halalNot halal
40
AMGNAmgen Inc
0.86%Not halalNot halalNot halalNot halalNot halal
41
CCitigroup Inc
0.76%Not halalNot halalNot halalNot halalNot halal
42
ORealty Income Corp
0.75%Not halalNot halalNot halalNot halalNot halal
43
MSMorgan Stanley
0.71%Not halalNot halalNot halalNot halalNot halal
44
PLTRPalantir Technologies Inc
0.67%DoubtfulNot ratedNot halalNot halalNot rated
45
GILDGilead Sciences Inc
0.67%HalalHalalNot halalNot halalHalal
46
QCOMQUALCOMM Inc
0.67%HalalHalalHalalHalalHalal
47
DISWalt Disney Co/The
0.65%Not halalNot halalNot halalNot halalNot halal
48
BABoeing Co/The
0.65%Not halalNot halalNot halalNot halalNot halal
49
TXNTexas Instruments Inc
0.65%HalalHalalNot halalNot halalHalal
50
VZVerizon Communications Inc
0.64%Not halalNot halalNot halalNot halalNot halal

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

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