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F/m Emerald Special Situations ETF

SPIT

Emerald

F/m Emerald Special Situations ETF (SPIT) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.86%. 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: 98.86%
  • Halal 59.38%
  • Doubtful 13.77%
  • Not halal 25.70%
  • Not rated 1.14%

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
Emerald
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.89%
AUM
32.00M USD
Holdings
45 (44 screened)
Basket as of (provider)
28 Oct 2026
Basket fetched by Akinda
28 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 halal59.38%25.70%
DJIMNot halal71.88%21.82%
FTSENot halal30.98%64.84%
MSCINot halal32.25%63.57%
S&PNot halal71.88%20.83%

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

1–45 of 45 holdings, largest first · basket as of 28 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
GHGuardant Health Inc
4.38%HalalHalalNot halalNot halalHalal
2
AMZNAmazon.com Inc
4.02%HalalHalalHalalHalalHalal
3
TTITETRA Technologies Inc
3.89%Not halalHalalHalalHalalHalal
4
CORTCorcept Therapeutics Inc
3.83%HalalHalalNot halalNot halalHalal
5
PEverpure Inc
3.78%HalalHalalHalalHalalHalal
6
CVLTCommvault Systems Inc
3.77%HalalHalalNot halalNot halalHalal
7
MDBMongoDB Inc
3.67%HalalHalalNot halalNot halalHalal
8
LIVNLivaNova PLC
3.49%HalalHalalHalalHalalHalal
9
SEISolaris Energy Infrastructure Inc
3.31%Not halalNot halalNot halalNot halalNot halal
10
TTWOTake-Two Interactive Software Inc
3.04%DoubtfulNot ratedNot ratedNot ratedNot rated
11
CRDOCredo Technology Group Holding Ltd
3.00%HalalHalalNot halalNot halalHalal
12
SKWDSkyward Specialty Insurance Group Inc
2.94%Not halalNot halalNot halalNot halalNot halal
13
EEExcelerate Energy Inc
2.90%Not halalNot halalHalalHalalNot halal
14
IDCCInterDigital Inc
2.86%HalalHalalNot halalNot halalHalal
15
NVDANVIDIA Corp
2.68%HalalHalalHalalHalalHalal
16
FRPTFreshpet Inc
2.41%HalalHalalHalalHalalHalal
17
BLLNBilliontoone Inc
2.29%HalalHalalNot halalNot halalHalal
18
ARLOArlo Technologies Inc
2.27%HalalHalalNot halalNot halalHalal
19
FTAIFTAI Aviation Ltd
2.16%DoubtfulHalalNot halalNot halalHalal
20
AVAVAeroVironment Inc
2.15%DoubtfulHalalNot halalNot halalHalal
21
BEBloom Energy Corp
2.13%HalalHalalNot halalNot halalHalal
22
LASRnLight Inc
2.12%DoubtfulNot ratedNot halalNot halalNot rated
23
TMDXTransMedics Group Inc
2.11%HalalHalalNot halalNot halalHalal
24
PLMRPalomar Holdings Inc
2.05%Not halalNot halalNot halalNot halalNot halal
25
MRCYMercury Systems Inc
2.02%DoubtfulHalalNot halalNot halalHalal
26
REPLReplimune Group Inc
1.96%Not halalNot halalNot halalNot halalNot halal
27
DARDARLING INGREDIENTS INC
1.89%Not halalNot halalNot halalNot halalNot halal
28
UUnity Software Inc
1.87%Not halalNot halalNot halalNot halalNot halal
29
AMSCAmerican Superconductor Corp
1.85%HalalHalalHalalHalalHalal
30
METAMeta Platforms Inc
1.76%HalalHalalHalalHalalHalal
31
MTZMasTec Inc
1.73%HalalHalalHalalHalalHalal
32
INSMInsmed Inc
1.50%Not halalNot halalNot halalNot halalNot halal
33
PANWPalo Alto Networks Inc
1.32%HalalHalalHalalHalalHalal
34
CDNLCardinal Infrastructure Group Inc
1.27%HalalHalalNot halalHalalHalal
35
BWXTBWX Technologies Inc
1.25%DoubtfulHalalNot halalNot halalHalal
36
TVTXTravere Therapeutics Inc
1.24%HalalHalalNot halalNot halalHalal
37
NKTRNektar Therapeutics
1.22%Not halalNot halalNot halalNot halalNot halal
38
SXTSensient Technologies Corp
1.19%HalalHalalNot halalNot halalHalal
39
SBUXStarbucks Corp
1.18%HalalHalalNot halalNot halalHalal
40
BIIBBiogen Inc
1.15%HalalHalalHalalHalalHalal
41
OBILF/m US Treasury 12 Month Bill ETF
1.14%Not ratedNot ratedNot ratedNot ratedNot rated
42
KTOSKratos Defense & Security Solutions Inc
1.03%DoubtfulHalalNot halalNot halalHalal
43
WVEWave Life Sciences Inc
0.99%Not halalNot halalNot halalNot halalNot rated
44
INDIindie Semiconductor Inc
0.87%Not halalNot halalNot halalNot halalNot halal
45
SOCSable Offshore Corp
0.31%Not halalNot halalNot halalNot halalNot halal

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

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