First Trust Alerian U.S. NextGen Infrastructure ETF

RBLD

First Trust

First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.88%. 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: 99.88%

Halal 49.55%
Doubtful 7.71%
Not halal 42.62%
Not rated 0.12%

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: 0.65%
AUM: 42.39M USD
Holdings: 100 (100 screened)
Basket as of (provider): 27 Oct 2026
Basket fetched by Akinda: 27 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	49.55%	42.62%
DJIM	Not halal	49.55%	42.62%
FTSE	Not halal	34.29%	58.83%
MSCI	Not halal	35.87%	57.25%
S&P	Not halal	49.55%	42.62%

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 100 holdings, largest first · basket as of 27 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	CCICrown Castle Inc.	1.27%	Not halal	Not halal	Not halal	Not halal	Not halal
2	OTISOtis Worldwide Corporation	1.14%	Halal	Halal	Not halal	Not halal	Halal
3	AMTAmerican Tower Corporation	1.13%	Not halal	Not halal	Not halal	Not halal	Not halal
4	AWKAmerican Water Works Company, Inc.	1.11%	Not halal	Not halal	Not halal	Not halal	Not halal
5	SBACSBA Communications Corporation	1.10%	Not halal	Not halal	Not halal	Not halal	Not halal
6	EDConsolidated Edison, Inc.	1.09%	Not halal	Not halal	Not halal	Not halal	Not halal
7	HALHalliburton Company	1.09%	Halal	Halal	Halal	Halal	Halal
8	CSXCSX Corporation	1.09%	Halal	Halal	Not halal	Not halal	Halal
9	SLBSLB Ltd.	1.09%	Halal	Halal	Halal	Halal	Halal
10	LNGCheniere Energy, Inc.	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
11	FTVFortive Corporation	1.08%	Halal	Halal	Halal	Halal	Halal
12	SOThe Southern Company	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
13	WECWEC Energy Group, Inc.	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
14	CNPCenterPoint Energy, Inc.	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
15	NINiSource Inc.	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
16	DOVDover Corporation	1.07%	Halal	Halal	Halal	Halal	Halal
17	UNPUnion Pacific Corporation	1.07%	Halal	Halal	Not halal	Not halal	Halal
18	EXCExelon Corporation	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
19	OKEONEOK, Inc.	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
20	ATOAtmos Energy Corporation	1.07%	Not halal	Not halal	Halal	Halal	Not halal
21	DUKDuke Energy Corporation	1.07%	Halal	Halal	Halal	Halal	Halal
22	CMSCMS Energy Corporation	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
23	EIXEdison International	1.07%	Not halal	Not halal	Not halal	Not halal	Not halal
24	RSReliance Inc.	1.06%	Halal	Halal	Halal	Halal	Halal
25	VMCVulcan Materials Company	1.06%	Halal	Halal	Halal	Halal	Halal
26	XYLXylem Inc.	1.06%	Halal	Halal	Halal	Halal	Halal
27	AEEAmeren Corporation	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
28	XELXcel Energy Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
29	HONHoneywell International Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
30	LNTAlliant Energy Corporation	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
31	NEENextEra Energy, Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
32	TRGPTarga Resources Corp.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
33	AEPAmerican Electric Power Company, Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
34	MMM3M Company	1.06%	Halal	Halal	Not halal	Not halal	Halal
35	DDominion Energy, Inc.	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
36	NSCNorfolk Southern Corporation	1.06%	Halal	Halal	Not halal	Not halal	Halal
37	KMIKinder Morgan, Inc.	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
38	SRESempra	1.05%	Not halal	Not halal	Halal	Halal	Not halal
39	EVRGEvergy, Inc.	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
40	ETREntergy Corporation	1.05%	Not halal	Not halal	Not halal	Not halal	Not halal
41	MDBMongoDB, Inc.	1.05%	Halal	Halal	Not halal	Not halal	Halal
42	MLMMartin Marietta Materials, Inc.	1.05%	Halal	Halal	Halal	Halal	Halal
43	NUENucor Corporation	1.05%	Halal	Halal	Halal	Halal	Halal
44	ITWIllinois Tool Works Inc.	1.05%	Halal	Halal	Not halal	Not halal	Halal
45	VRSNVeriSign, Inc.	1.04%	Halal	Halal	Not halal	Not halal	Halal
46	DTEDTE Energy Company	1.04%	Not halal	Not halal	Not halal	Not halal	Not halal
47	FEFirstEnergy Corp.	1.03%	Not halal	Not halal	Not halal	Not halal	Not halal
48	DDDuPont de Nemours Inc.	1.03%	Halal	Halal	Halal	Halal	Halal
49	ESEversource Energy	1.03%	Not halal	Not halal	Not halal	Not halal	Not halal
50	PPLPPL Corporation	1.03%	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.

How Akinda screens funds and stocks