First Trust Nasdaq Clean Edge Green Energy UCITS ETF

QCLN.L

First Trust

First Trust Nasdaq Clean Edge Green Energy UCITS ETF (QCLN.L) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.77%. 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: 99.77%

Halal 69.60%
Doubtful 3.00%
Not halal 27.17%
Not rated 0.23%

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 Kingdom
Domicile (where it is registered): Ireland
Reporting currency: GBp
Expense ratio: 0.60%
AUM: 225.25K GBP
Holdings: 55 (55 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	69.60%	27.17%
DJIM	Not halal	68.51%	28.26%
FTSE	Not halal	54.58%	42.67%
MSCI	Not halal	55.30%	41.95%
S&P	Not halal	71.09%	18.95%

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 55 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	BEBloom Energy Corporation (Class A)	9.54%	Halal	Halal	Not halal	Not halal	Halal
2	TSLATesla, Inc.	9.19%	Halal	Halal	Halal	Halal	Halal
3	ONON Semiconductor Corporation	8.93%	Halal	Halal	Halal	Halal	Halal
4	MPWRMonolithic Power Systems, Inc.	8.32%	Halal	Halal	Halal	Halal	Halal
5	RIVNRivian Automotive, Inc. (Class A)	6.51%	Not halal	Not halal	Not halal	Not halal	Not rated
6	NXTNextracker Inc. (Class A)	4.27%	Halal	Halal	Halal	Halal	Halal
7	ENLTEnlight Renewable Energy Ltd.	4.01%	Not halal	Not halal	Not halal	Not halal	Not halal
8	AYIAcuity Brands, Inc.	3.93%	Halal	Halal	Halal	Halal	Halal
9	FSLRFirst Solar, Inc.	3.83%	Halal	Halal	Halal	Halal	Halal
10	AEISAdvanced Energy Industries, Inc.	3.53%	Halal	Halal	Halal	Halal	Halal
11	ALBAlbemarle Corporation	3.09%	Halal	Halal	Halal	Halal	Halal
12	MPMP Materials Corp.	2.84%	Not halal	Not halal	Not halal	Not halal	Not halal
13	VICRVicor Corporation	2.55%	Halal	Halal	Not halal	Not halal	Halal
14	ENSEnerSys	2.52%	Doubtful	Not rated	Not rated	Not rated	Not rated
15	ALGMAllegro Microsystems, Inc.	2.44%	Halal	Halal	Halal	Halal	Halal
16	ORAOrmat Technologies, Inc.	2.24%	Not halal	Not halal	Not halal	Not halal	Not halal
17	HASIHannon Armstrong Sustainable Infrastructure Capital, Inc.	1.94%	Not halal	Not halal	Not halal	Not halal	Not halal
18	ENPHEnphase Energy, Inc.	1.71%	Halal	Halal	Not halal	Not halal	Halal
19	OLEDUniversal Display Corporation	1.66%	Not halal	Not halal	Not halal	Not halal	Not halal
20	ITRIItron, Inc.	1.60%	Halal	Halal	Not halal	Not halal	Halal
21	CWENClearway Energy Inc. (Class C)	1.57%	Not halal	Not halal	Not halal	Not halal	Not halal
22	SQMSociedad Quimica y Minera de Chile S.A. (ADR)	1.11%	Not halal	Not halal	Halal	Halal	Halal
23	POWIPower Integrations, Inc.	1.09%	Halal	Halal	Halal	Halal	Halal
24	NVTSNavitas Semiconductor Corp. (Class A)	0.92%	Halal	Halal	Not halal	Not halal	Halal
25	SEDGSolarEdge Technologies, Inc.	0.84%	Halal	Not halal	Halal	Halal	Halal
26	PLUGPlug Power Inc.	0.80%	Halal	Halal	Halal	Halal	Halal
27	RUNSunrun Inc.	0.77%	Not halal	Not halal	Not halal	Not halal	Not halal
28	RNWRenew Energy Global Plc (Class A)	0.70%	Not halal	Not halal	Not halal	Not halal	Not halal
29	LCIDLucid Group, Inc. (Class A)	0.56%	Not halal	Not halal	Not halal	Not halal	Not halal
30	SHLSShoals Technologies Group, Inc. (Class A)	0.54%	Halal	Halal	Halal	Halal	Halal
31	AMSCAmerican Superconductor Corporation	0.50%	Halal	Halal	Halal	Halal	Halal
32	WOLFWolfspeed Inc.	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
33	AMPXAmprius Technologies, Inc.	0.48%	Doubtful	Not rated	Not halal	Not halal	Not rated
34	WLDNWilldan Group, Inc.	0.45%	Halal	Halal	Halal	Halal	Halal
35	FCELFuelCell Energy, Inc.	0.38%	Not halal	Not halal	Not halal	Halal	Halal
36	XIFRXPLR Infrastructure LP	0.38%	Not halal	Not halal	Halal	Halal	Not halal
37	SGMLSigma Lithium Corporation	0.35%	Halal	Halal	Not halal	Not halal	Halal
38	FLNCFluence Energy, Inc. (Class A)	0.34%	Halal	Halal	Not halal	Halal	Halal
39	LYTSLSI Industries Inc.	0.30%	Not halal	Not halal	Halal	Halal	Not halal
40	AMRCAmeresco, Inc. (Class A)	0.28%	Not halal	Not halal	Not halal	Not halal	Not halal
41	TET1 Energy Inc.	0.28%	Not halal	Not halal	Halal	Halal	Not halal
42	EOSEEos Energy Enterprises, Inc.	0.26%	Not halal	Not halal	Not halal	Not halal	Not halal
43	ENVXEnovix Corporation	0.23%	Not halal	Not halal	Not halal	Not halal	Not rated
44	ARRYArray Technologies, Inc.	0.21%	Not halal	Not halal	Not halal	Not halal	Not halal
45	ASPNAspen Aerogels, Inc.	0.19%	Halal	Halal	Not halal	Not halal	Halal
46	BLDPBallard Power Systems Inc.	0.19%	Not halal	Not halal	Not halal	Not halal	Not halal
47	NRGVEnergy Vault Holdings, Inc.	0.19%	Halal	Halal	Halal	Halal	Halal
48	CLNEClean Energy Fuels Corp.	0.13%	Halal	Not halal	Halal	Halal	Halal
49	GEVOGevo, Inc.	0.12%	Not halal	Not halal	Halal	Halal	Not halal
50	MNTKMontauk Renewables, Inc.	0.12%	Halal	Not halal	Halal	Halal	Halal

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

How Akinda screens funds and stocks