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First Trust Nasdaq-100 Select Equal Weight ETF

QQEW

First Trust

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.90%. 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: 99.90%
  • Halal 72.54%
  • Doubtful 11.10%
  • Not halal 16.26%
  • Not rated 0.10%

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
0.55%
AUM
1.75B USD
Holdings
50 (50 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal72.54%16.26%
DJIMNot halal75.75%16.24%
FTSENot halal54.19%41.75%
MSCINot halal54.19%41.75%
S&PNot halal75.75%16.24%

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 50 holdings, largest first · basket as of 25 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
ISRGIntuitive Surgical, Inc.
2.51%HalalHalalHalalHalalHalal
2
SHOPShopify Inc. (Class A)
2.40%HalalHalalNot halalNot halalHalal
3
DDOGDatadog, Inc. (Class A)
2.38%Not halalNot halalNot halalNot halalNot halal
4
METAMeta Platforms, Inc. (Class A)
2.35%HalalHalalHalalHalalHalal
5
AMDAdvanced Micro Devices, Inc.
2.30%HalalHalalHalalHalalHalal
6
AAPLApple Inc.
2.30%HalalHalalHalalHalalHalal
7
TXNTexas Instruments Incorporated
2.28%HalalHalalNot halalNot halalHalal
8
ADIAnalog Devices, Inc.
2.26%HalalHalalHalalHalalHalal
9
MRVLMarvell Technology, Inc.
2.26%Not halalNot halalNot halalNot halalNot halal
10
WDAYWorkday, Inc. (Class A)
2.23%HalalHalalHalalHalalHalal
11
ADPAutomatic Data Processing, Inc.
2.22%Not halalNot halalNot halalNot halalNot halal
12
PLTRPalantir Technologies Inc. (Class A)
2.21%DoubtfulNot ratedNot halalNot halalNot rated
13
FTNTFortinet, Inc.
2.20%HalalHalalNot halalNot halalHalal
14
MSFTMicrosoft Corporation
2.16%HalalHalalHalalHalalHalal
15
QCOMQUALCOMM Incorporated
2.16%HalalHalalHalalHalalHalal
16
ROPRoper Technologies, Inc.
2.16%HalalHalalHalalHalalHalal
17
AMGNAmgen Inc.
2.14%Not halalNot halalNot halalNot halalNot halal
18
MCHPMicrochip Technology Incorporated
2.11%HalalHalalNot halalNot halalHalal
19
REGNRegeneron Pharmaceuticals, Inc.
2.11%HalalHalalHalalHalalHalal
20
IDXXIDEXX Laboratories, Inc.
2.11%HalalHalalHalalHalalHalal
21
PANWPalo Alto Networks, Inc.
2.08%HalalHalalHalalHalalHalal
22
ADSKAutodesk, Inc.
2.04%HalalHalalHalalHalalHalal
23
PEPPepsiCo, Inc.
2.02%HalalHalalNot halalNot halalHalal
24
VRTXVertex Pharmaceuticals Incorporated
2.01%HalalHalalHalalHalalHalal
25
INTUIntuit Inc.
2.00%DoubtfulNot ratedNot ratedNot ratedNot rated
26
NVDANVIDIA Corporation
2.00%HalalHalalHalalHalalHalal
27
ABNBAirbnb, Inc. (Class A)
1.96%Not halalNot halalNot halalNot halalNot halal
28
MELIMercadoLibre, Inc.
1.96%DoubtfulNot ratedNot ratedNot ratedNot rated
29
CDNSCadence Design Systems, Inc.
1.95%HalalHalalHalalHalalHalal
30
ALNYAlnylam Pharmaceuticals, Inc.
1.95%HalalHalalNot halalNot halalHalal
31
PAYXPaychex, Inc.
1.94%Not halalNot halalNot halalNot halalNot halal
32
ASMLASML Holding N.V. (New York Registry Shares)
1.94%HalalHalalHalalHalalHalal
33
MUMicron Technology, Inc.
1.92%HalalHalalHalalHalalHalal
34
ADBEAdobe Incorporated
1.89%HalalHalalHalalHalalHalal
35
MPWRMonolithic Power Systems, Inc.
1.88%HalalHalalHalalHalalHalal
36
TERTeradyne, Inc.
1.85%HalalHalalHalalHalalHalal
37
ARMArm Holdings Plc
1.82%HalalHalalNot halalNot halalHalal
38
AVGOBroadcom Inc.
1.82%HalalHalalNot halalNot halalHalal
39
ALABAstera Labs, Inc.
1.81%HalalHalalNot halalNot halalHalal
40
DXCMDexCom, Inc.
1.79%HalalHalalHalalHalalHalal
41
APPApplovin Corp. (Class A)
1.75%DoubtfulNot ratedNot halalNot halalNot rated
42
KLACKLA Corporation
1.74%HalalHalalHalalHalalHalal
43
NFLXNetflix, Inc.
1.70%Not halalNot halalNot halalNot halalNot halal
44
SNDKSandisk Corporation
1.65%Not halalHalalHalalHalalHalal
45
BKNGBooking Holdings Inc.
1.64%DoubtfulNot halalNot halalNot halalNot halal
46
DASHDoorDash, Inc. (Class A)
1.62%HalalHalalHalalHalalHalal
47
LRCXLam Research Corporation
1.60%HalalHalalHalalHalalHalal
48
WDCWestern Digital Corporation
1.60%HalalHalalHalalHalalHalal
49
STXSeagate Technology Holdings Plc
1.59%HalalHalalNot halalNot halalHalal
50
AXONAxon Enterprise Inc.
1.55%DoubtfulHalalNot halalNot halalHalal

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

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