First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT

First Trust

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.89%. 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: 99.89%

Halal 54.47%
Doubtful 13.80%
Not halal 31.61%
Not rated 0.11%

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: 0.57%
AUM: 141.82M USD
Holdings: 54 (54 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	54.47%	31.61%
DJIM	Not halal	61.20%	33.54%
FTSE	Not halal	42.07%	54.29%
MSCI	Not halal	42.07%	54.29%
S&P	Not halal	59.60%	35.14%

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 54 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	ISRGIntuitive Surgical, Inc.	2.27%	Halal	Halal	Halal	Halal	Halal
2	MARMarriott International, Inc.	2.16%	Doubtful	Halal	Not halal	Not halal	Halal
3	WMTWalmart Inc.	2.16%	Halal	Halal	Halal	Halal	Halal
4	MRNAModerna, Inc.	2.13%	Not halal	Not halal	Not halal	Not halal	Not halal
5	CTASCintas Corporation	2.10%	Halal	Halal	Halal	Halal	Halal
6	KDPKeurig Dr Pepper Inc.	2.06%	Not halal	Not halal	Halal	Halal	Not halal
7	PYPLPayPal Holdings, Inc.	2.05%	Doubtful	Not halal	Not halal	Not halal	Not halal
8	GILDGilead Sciences, Inc.	2.02%	Halal	Halal	Not halal	Not halal	Halal
9	COSTCostco Wholesale Corporation	2.01%	Halal	Halal	Halal	Halal	Halal
10	ADPAutomatic Data Processing, Inc.	2.01%	Not halal	Not halal	Not halal	Not halal	Not halal
11	AEPAmerican Electric Power Company, Inc.	2.00%	Not halal	Not halal	Not halal	Not halal	Not halal
12	FASTFastenal Company	1.99%	Halal	Halal	Halal	Halal	Halal
13	LINLinde Plc	1.97%	Halal	Halal	Halal	Halal	Halal
14	HONHoneywell International Inc.	1.96%	Not halal	Not halal	Not halal	Not halal	Not halal
15	HONAHoneywell Aerospace Inc.	1.95%	Halal	Halal	Not halal	Not halal	Halal
16	XELXcel Energy Inc.	1.95%	Not halal	Not halal	Not halal	Not halal	Not halal
17	MDLZMondelez International, Inc.	1.94%	Halal	Halal	Halal	Halal	Halal
18	SPCXSpace Exploration Technologies Corp. (Class A)	1.94%	Not halal	Not halal	Not halal	Not halal	Not halal
19	FANGDiamondback Energy, Inc.	1.94%	Not halal	Not halal	Halal	Halal	Not halal
20	CCEPCoca-Cola European Partners Plc	1.94%	Not halal	Not halal	Not halal	Not halal	Not halal
21	AMGNAmgen Inc.	1.93%	Not halal	Not halal	Not halal	Not halal	Not halal
22	EXCExelon Corporation	1.92%	Not halal	Not halal	Not halal	Not halal	Not halal
23	ORLYO'Reilly Automotive, Inc.	1.92%	Halal	Halal	Not halal	Not halal	Halal
24	TSLATesla, Inc.	1.91%	Halal	Halal	Halal	Halal	Halal
25	REGNRegeneron Pharmaceuticals, Inc.	1.91%	Halal	Halal	Halal	Halal	Halal
26	IDXXIDEXX Laboratories, Inc.	1.90%	Halal	Halal	Halal	Halal	Halal
27	MNSTMonster Beverage Corporation	1.90%	Halal	Halal	Halal	Halal	Halal
28	CSXCSX Corporation	1.90%	Halal	Halal	Not halal	Not halal	Halal
29	ROSTRoss Stores, Inc.	1.90%	Halal	Halal	Halal	Halal	Halal
30	GEHCGE HealthCare Technologies Inc.	1.90%	Halal	Halal	Halal	Halal	Halal
31	PEPPepsiCo, Inc.	1.83%	Halal	Halal	Not halal	Not halal	Halal
32	CSCOCisco Systems, Inc.	1.82%	Halal	Halal	Halal	Halal	Halal
33	VRTXVertex Pharmaceuticals Incorporated	1.82%	Halal	Halal	Halal	Halal	Halal
34	AMZNAmazon.com, Inc.	1.81%	Halal	Halal	Halal	Halal	Halal
35	SBUXStarbucks Corporation	1.79%	Halal	Halal	Not halal	Not halal	Halal
36	ABNBAirbnb, Inc. (Class A)	1.78%	Not halal	Not halal	Not halal	Not halal	Not halal
37	MELIMercadoLibre, Inc.	1.77%	Doubtful	Not rated	Not rated	Not rated	Not rated
38	ALNYAlnylam Pharmaceuticals, Inc.	1.76%	Halal	Halal	Not halal	Not halal	Halal
39	TTWOTake-Two Interactive Software, Inc.	1.75%	Doubtful	Not rated	Not rated	Not rated	Not rated
40	PAYXPaychex, Inc.	1.75%	Not halal	Not halal	Not halal	Not halal	Not halal
41	CEGConstellation Energy Corporation	1.75%	Halal	Halal	Halal	Halal	Halal
42	ODFLOld Dominion Freight Line, Inc.	1.73%	Halal	Halal	Halal	Halal	Halal
43	CPRTCopart, Inc.	1.66%	Halal	Halal	Not halal	Not halal	Halal
44	BKRBaker Hughes Company (Class A)	1.66%	Halal	Halal	Halal	Halal	Halal
45	PCARPACCAR Inc	1.63%	Doubtful	Not rated	Not halal	Not halal	Not rated
46	DXCMDexCom, Inc.	1.62%	Halal	Halal	Halal	Halal	Halal
47	CMCSAComcast Corporation (Class A)	1.61%	Not halal	Not halal	Not halal	Not halal	Not halal
48	FERFerrovial NV	1.60%	Not halal	Halal	Not halal	Not halal	Not halal
49	LITELumentum Holdings Inc.	1.56%	Halal	Halal	Not halal	Not halal	Halal
50	RKLBRocket Lab Corporation	1.56%	Doubtful	Halal	Not halal	Not halal	Halal

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

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