First Trust Large Cap US Equity Select ETF

RNLC

First Trust

First Trust Large Cap US Equity Select ETF (RNLC) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 94.26%. 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: 94.26%

Halal 55.28%
Doubtful 4.38%
Not halal 34.61%
Not rated 5.74%

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: 0.60%
AUM: 32.69M USD
Holdings: 51 (49 screened)
Basket as of (provider): 3 Mar 2024
Basket fetched by Akinda: 23 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	55.28%	34.61%
DJIM	Not halal	54.26%	38.43%
FTSE	Not halal	28.36%	64.33%
MSCI	Not halal	32.47%	60.22%
S&P	Not halal	54.26%	38.43%

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 51 holdings, largest first · basket as of 3 Mar 2024

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	DFSDiscover Financial Services	5.16%	Not rated	Not rated	Not rated	Not rated	Not rated
2	CHRWC.H. Robinson Worldwide, Inc.	4.11%	Halal	Halal	Not halal	Halal	Halal
3	STLDSteel Dynamics, Inc.	3.95%	Halal	Halal	Halal	Halal	Halal
4	HIGThe Hartford Financial Services Group, Inc.	3.88%	Not halal	Not halal	Not halal	Not halal	Not halal
5	EXPDExpeditors International of Washington, Inc.	3.77%	Halal	Not halal	Not halal	Not halal	Not halal
6	KMIKinder Morgan, Inc.	3.77%	Not halal	Not halal	Not halal	Not halal	Not halal
7	AFLAflac Incorporated	3.41%	Not halal	Not halal	Not halal	Not halal	Not halal
8	HPQHP Inc.	3.17%	Not halal	Not halal	Halal	Halal	Not halal
9	MCHPMicrochip Technology Incorporated	3.12%	Halal	Halal	Not halal	Not halal	Halal
10	MCKMcKesson Corporation	3.08%	Halal	Halal	Halal	Halal	Halal
11	ALLThe Allstate Corporation	3.01%	Not halal	Not halal	Not halal	Not halal	Not halal
12	PFGPrincipal Financial Group, Inc.	2.97%	Not halal	Not halal	Not halal	Not halal	Not halal
13	EOGEOG Resources, Inc.	2.92%	Halal	Halal	Halal	Halal	Halal
14	CSXCSX Corporation	2.88%	Halal	Halal	Not halal	Not halal	Halal
15	LOWLowe's Companies, Inc.	2.73%	Not halal	Halal	Not halal	Not halal	Halal
16	ELVElevance Health Inc.	2.51%	Not halal	Not halal	Not halal	Not halal	Not halal
17	TRVThe Travelers Companies, Inc.	2.36%	Not halal	Not halal	Not halal	Not halal	Not halal
18	GISGeneral Mills, Inc.	2.35%	Not halal	Not halal	Not halal	Not halal	Not halal
19	HDThe Home Depot, Inc.	2.22%	Halal	Halal	Not halal	Not halal	Halal
20	UPSUnited Parcel Service, Inc. (Class B)	2.18%	Halal	Halal	Halal	Halal	Halal
21	KMBKimberly-Clark Corporation	2.04%	Halal	Halal	Not halal	Not halal	Halal
22	ORLYO'Reilly Automotive, Inc.	1.81%	Halal	Halal	Not halal	Not halal	Halal
23	KLACKLA Corporation	1.61%	Halal	Halal	Halal	Halal	Halal
24	CLColgate-Palmolive Company	1.59%	Halal	Halal	Not halal	Not halal	Halal
25	TELTE Connectivity Ltd.	1.57%	Halal	Halal	Halal	Halal	Halal
26	MRKMerck & Co., Inc.	1.57%	Halal	Halal	Not halal	Not halal	Halal
27	ADIAnalog Devices, Inc.	1.54%	Halal	Halal	Halal	Halal	Halal
28	UNPUnion Pacific Corporation	1.51%	Halal	Halal	Not halal	Not halal	Halal
29	ITWIllinois Tool Works Inc.	1.48%	Halal	Halal	Not halal	Not halal	Halal
30	LMTLockheed Martin Corporation	1.44%	Doubtful	Halal	Not halal	Not halal	Halal
31	VVisa Inc. (Class A)	1.42%	Halal	Not halal	Not halal	Not halal	Not halal
32	MAMastercard Incorporated	1.37%	Doubtful	Not halal	Not halal	Not halal	Not halal
33	CMECME Group Inc.	1.35%	Not halal	Not halal	Not halal	Not halal	Not halal
34	PAYXPaychex, Inc.	1.33%	Not halal	Not halal	Not halal	Not halal	Not halal
35	ABTAbbott Laboratories	1.31%	Halal	Halal	Halal	Halal	Halal
36	PGThe Procter & Gamble Company	1.30%	Halal	Halal	Halal	Halal	Halal
37	SHWThe Sherwin-Williams Company	1.17%	Halal	Halal	Not halal	Not halal	Halal
38	AAPLApple Inc.	1.17%	Halal	Halal	Halal	Halal	Halal
39	SLBSchlumberger Limited	1.03%	Halal	Halal	Halal	Halal	Halal
40	QCOMQUALCOMM Incorporated	1.03%	Halal	Halal	Halal	Halal	Halal
41	BXBlackstone Inc.	0.99%	Not halal	Not halal	Not halal	Not halal	Not halal
42	MCDMcDonald's Corporation	0.96%	Halal	Halal	Not halal	Not halal	Halal
43	AMATApplied Materials, Inc.	0.93%	Halal	Halal	Halal	Halal	Halal
44	GOOGLAlphabet Inc. (Class A)	0.90%	Doubtful	Not rated	Not rated	Not rated	Not rated
45	CHTRCharter Communications, Inc. (Class A)	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
46	ACNAccenture Plc	0.67%	Doubtful	Not rated	Not rated	Not rated	Not rated
47	WMTWalmart Inc.	0.64%	Halal	Halal	Halal	Halal	Halal
48	ADBEAdobe Incorporated	0.59%	Halal	Halal	Halal	Halal	Halal
49	$USDUS Dollar	0.57%	Not rated	Not rated	Not rated	Not rated	Not rated
50	TXNTexas Instruments Incorporated	0.44%	Halal	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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