Royce Quant Small-Cap Quality Value ETF

SQLV

Franklin Templeton

Royce Quant Small-Cap Quality Value ETF (SQLV) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.75%. 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: 98.75%

Halal 28.80%
Doubtful 3.45%
Not halal 66.51%
Not rated 1.25%

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: Franklin Templeton
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.60%
AUM: 40.23M USD
Holdings: 300 (296 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	28.80%	66.51%
DJIM	Not halal	28.44%	67.74%
FTSE	Not halal	33.48%	59.99%
MSCI	Not halal	35.92%	56.57%
S&P	Not halal	36.68%	57.82%

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 300 holdings, largest first · basket as of 28 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	DXCDXC TECHNOLOGY CO	1.30%	Not halal	Not halal	Not rated	Not rated	Not halal
2	EMBCEMBECTA CORP	0.90%	Not halal	Not halal	Not halal	Not halal	Not halal
3	QLYSQUALYS INC	0.90%	Doubtful	Not halal	Not halal	Not halal	Not halal
4	KSSKOHLS CORP	0.86%	Not halal	Not halal	Halal	Halal	Not halal
5	SMSM ENERGY CO	0.83%	Not halal	Not halal	Halal	Halal	Not halal
6	KDKYNDRYL HOLDINGS INC	0.82%	Not halal	Not halal	Halal	Halal	Not halal
7	COMMVISTANCE NETWORKS INC	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
8	HRBH&R BLOCK INC	0.77%	Halal	Halal	Not halal	Not halal	Halal
9	CRGYCRESCENT ENERGY INC-A	0.73%	Not halal	Not halal	Not halal	Not halal	Not halal
10	EFOREVERFORTH INC	0.73%	Not halal	Not halal	Not rated	Not rated	Not halal
11	FHIFEDERATED HERMES INC	0.71%	Not halal	Not halal	Not halal	Not halal	Not halal
12	SLDESLIDE INSURANCE HOLDINGS INC	0.69%	Not halal	Not halal	Not halal	Not halal	Not halal
13	BMBLBUMBLE INC-A	0.67%	Not halal	Not halal	Not halal	Not halal	Not halal
14	FORFORESTAR GROUP INC	0.66%	Not halal	Not halal	Halal	Halal	Not halal
15	BKUBANKUNITED INC	0.65%	Not halal	Not halal	Not halal	Not halal	Not halal
16	VSNTVERSANT MEDIA GROUP INC	0.63%	Doubtful	Not halal	Not halal	Not halal	Not halal
17	BBWIBATH & BODY WORKS INC	0.62%	Not halal	Not halal	Not halal	Not halal	Not halal
18	FIZZNATIONAL BEVERAGE CORP	0.62%	Halal	Halal	Not halal	Not halal	Halal
19	INSPINSPIRE MEDICAL SYSTEMS INC	0.62%	Halal	Halal	Not halal	Not halal	Halal
20	HOGHARLEY-DAVIDSON INC	0.61%	Not halal	Not halal	Not halal	Not halal	Not halal
21	PCRXPACIRA BIOSCIENCES INC	0.61%	Not halal	Not halal	Halal	Halal	Not halal
22	CATYCATHAY GENERAL BANCORP	0.59%	Not halal	Not halal	Not halal	Not halal	Not halal
23	JCOMZIFF DAVIS INC	0.58%	Not halal	Not halal	Halal	Halal	Not halal
24	IBOCINTERNATIONAL BANCSHARES CRP	0.58%	Not halal	Not halal	Not halal	Not halal	Not halal
25	VNTVONTIER CORP	0.58%	Not halal	Not halal	Not halal	Not halal	Not halal
26	CRVLCORVEL CORP	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
27	NMIHNMI HOLDINGS INC	0.56%	Not halal	Not halal	Not halal	Not halal	Not halal
28	MCRIMONARCH CASINO & RESORT INC	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
29	CBTCABOT CORP	0.54%	Halal	Halal	Not rated	Not rated	Halal
30	IRDMIRIDIUM COMMUNICATIONS INC	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
31	SBHSALLY BEAUTY HOLDINGS INC	0.53%	Not halal	Not halal	Halal	Halal	Not halal
32	ALHALLIANCE LAUNDRY HOLDINGS IN	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
33	THFFFIRST FINANCIAL CORP	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
34	KELYAKELLY SERVICES INC -A	0.52%	Halal	Halal	Not halal	Halal	Halal
35	KFYKORN FERRY	0.52%	Not halal	Not halal	Not rated	Not rated	Not rated
36	WHDCACTUS INC - A	0.51%	Halal	Halal	Halal	Halal	Halal
37	AMNAMN HEALTHCARE SERVICES INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
38	WUWESTERN UNION CO	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
39	FSBWFS BANCORP INC	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
40	TALOTALOS ENERGY INC	0.51%	Not halal	Not halal	Halal	Halal	Not halal
41	VREXVAREX IMAGING CORP	0.51%	Not halal	Not halal	Not halal	Not halal	Not halal
42	WAFDWAFD INC	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
43	HAEHAEMONETICS CORP/MASS	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
44	NATLNCR ATLEOS CORP	0.50%	Not halal	Not halal	Not halal	Not halal	Not halal
45	BKEBUCKLE INC/THE	0.50%	Halal	Halal	Halal	Halal	Halal
46	TPCTUTOR PERINI CORP	0.50%	Not halal	Not halal	Not halal	Not rated	Not rated
47	CRCTCRICUT INC - CLASS A	0.50%	Halal	Halal	Not halal	Not halal	Halal
48	PFBCPREFERRED BANK/LOS ANGELES	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
49	MBWMMercantile Bank Corp	0.49%	Not halal	Not halal	Not halal	Not halal	Not halal
50	FDPDEL MONTE CORP	0.49%	Not rated	Not rated	Not rated	Not rated	Not rated

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

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