First Trust NASDAQ ABA Community Bank Index Fund

QABA

First Trust

First Trust NASDAQ ABA Community Bank Index Fund (QABA) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.85%. 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: 99.85%

Halal 0.00%
Doubtful 0.00%
Not halal 99.85%
Not rated 0.15%

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: 0.63%
AUM: 88.40M USD
Holdings: 158 (158 screened)
Basket as of (provider): 25 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	0.00%	99.85%
DJIM	Not halal	0.00%	99.85%
FTSE	Not halal	0.00%	99.85%
MSCI	Not halal	0.00%	99.56%
S&P	Not halal	0.00%	99.56%

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 158 holdings, largest first · basket as of 25 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	WTFCWintrust Financial Corporation	4.25%	Not halal	Not halal	Not halal	Not halal	Not halal
2	CBCCentral Bancompany, Inc.	3.47%	Not halal	Not halal	Not halal	Not halal	Not halal
3	CBSHCommerce Bancshares, Inc.	3.36%	Not halal	Not halal	Not halal	Not halal	Not halal
4	UBSIUnited Bankshares, Inc.	2.77%	Not halal	Not halal	Not halal	Not halal	Not halal
5	HWCHancock Whitney Corporation	2.47%	Not halal	Not halal	Not halal	Not halal	Not halal
6	OZKBank OZK	2.31%	Not halal	Not halal	Not halal	Not halal	Not halal
7	EBCEastern Bankshares, Inc.	2.14%	Not halal	Not halal	Not halal	Not halal	Not halal
8	TFSLTFS Financial Corporation	1.95%	Not halal	Not halal	Not halal	Not halal	Not halal
9	FULTFulton Financial Corporation	1.89%	Not halal	Not halal	Not halal	Not halal	Not halal
10	FFINFirst Financial Bankshares, Inc.	1.81%	Not halal	Not halal	Not halal	Not halal	Not halal
11	CATYCathay General Bancorp	1.79%	Not halal	Not halal	Not halal	Not halal	Not halal
12	WSFSWSFS Financial Corporation	1.69%	Not halal	Not halal	Not halal	Not halal	Not halal
13	CVBFCVB Financial Corp.	1.69%	Not halal	Not halal	Not halal	Not halal	Not halal
14	INDBIndependent Bank Corp.	1.66%	Not halal	Not halal	Not halal	Not halal	Not halal
15	WSBCWesBanco, Inc.	1.57%	Not halal	Not halal	Not halal	Not halal	Not halal
16	BANFBancFirst Corporation	1.56%	Not halal	Not halal	Not halal	Not halal	Not halal
17	FIBKFirst Interstate BancSystem, Inc.	1.47%	Not halal	Not halal	Not halal	Not halal	Not halal
18	FFBCFirst Financial Bancorp.	1.43%	Not halal	Not halal	Not halal	Not halal	Not halal
19	TOWNTowneBank	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
20	SFNCSimmons First National Corporation	1.41%	Not halal	Not halal	Not halal	Not halal	Not halal
21	MCHBMechanics Bancorp (Class A)	1.40%	Not halal	Not halal	Not halal	Not halal	Not halal
22	SBCFSeacoast Banking Corporation of Florida	1.36%	Not halal	Not halal	Not halal	Not halal	Not halal
23	FHBFirst Hawaiian, Inc.	1.29%	Not halal	Not halal	Not halal	Not halal	Not halal
24	CLBKColumbia Financial, Inc.	1.22%	Not halal	Not halal	Not halal	Not halal	Not halal
25	NBTBNBT Bancorp Inc.	1.15%	Not halal	Not halal	Not halal	Not halal	Not halal
26	TRMKTrustmark Corporation	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
27	FBNCFirst Bancorp	1.12%	Not halal	Not halal	Not halal	Not halal	Not halal
28	FRMEFirst Merchants Corporation	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
29	BUSEFirst Busey Corporation	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
30	SYBTStock Yards Bancorp, Inc.	1.02%	Not halal	Not halal	Not halal	Not halal	Not halal
31	BANRBanner Corporation	1.00%	Not halal	Not halal	Not halal	Not halal	Not halal
32	NWBINorthwest Bancshares, Inc.	0.95%	Not halal	Not halal	Not halal	Not halal	Not halal
33	MBINMerchants Bancorp	0.94%	Not halal	Not halal	Not halal	Not halal	Not halal
34	EFSCEnterprise Financial Services Corp	0.93%	Not halal	Not halal	Not halal	Not halal	Not halal
35	WAFDWaFd Inc.	0.91%	Not halal	Not halal	Not halal	Not halal	Not halal
36	SRCE1st Source Corporation	0.88%	Not halal	Not halal	Not halal	Not halal	Not halal
37	TBBKThe Bancorp, Inc.	0.87%	Not halal	Not halal	Not halal	Not halal	Not halal
38	CHCOCity Holding Company	0.83%	Not halal	Not halal	Not halal	Not halal	Not halal
39	GABCGerman American Bancorp, Inc.	0.80%	Not halal	Not halal	Not halal	Not halal	Not halal
40	HOPEHope Bancorp, Inc.	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
41	STBAS&T Bancorp, Inc.	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
42	FSUNFirstSun Capital Bancorp	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
43	QCRHQCR Holdings, Inc.	0.71%	Not halal	Not halal	Not halal	Not halal	Not halal
44	TCBKTriCo Bancshares	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
45	CNOBConnectOne Bancorp, Inc.	0.69%	Not halal	Not halal	Not halal	Not halal	Not halal
46	BFCBank First Corporation	0.68%	Not halal	Not halal	Not halal	Not halal	Not halal
47	OCFCOceanFirst Financial Corp.	0.68%	Not halal	Not halal	Not halal	Not halal	Not halal
48	CASHPathward Financial, Inc.	0.67%	Not halal	Not halal	Not halal	Not halal	Not halal
49	RBCAARepublic Bancorp, Inc.	0.67%	Not halal	Not halal	Not halal	Not halal	Not halal
50	AMALAmalgamated Financial Corp.	0.63%	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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