Applied Finance Valuation Large Cap ETF

VSLU

Applied Finance

Applied Finance Valuation Large Cap ETF (VSLU) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.15%. 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: 99.15%

Halal 67.44%
Doubtful 15.73%
Not halal 15.98%
Not rated 0.85%

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: Applied Finance
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.49%
AUM: 584.97M USD
Holdings: 438 (435 screened)
Basket as of (provider): 29 Oct 2026
Basket fetched by Akinda: 29 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	67.44%	15.98%
DJIM	Not halal	67.81%	22.61%
FTSE	Not halal	49.36%	42.50%
MSCI	Not halal	49.60%	42.24%
S&P	Not halal	67.78%	22.55%

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 438 holdings, largest first · basket as of 29 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	NVDANVIDIA CORP	9.71%	Halal	Halal	Halal	Halal	Halal
2	MSFTMICROSOFT CORP	8.30%	Halal	Halal	Halal	Halal	Halal
3	GOOGLALPHABET INC-CL A	5.59%	Doubtful	Not rated	Not rated	Not rated	Not rated
4	METAMETA PLATFORMS INC	4.21%	Halal	Halal	Halal	Halal	Halal
5	VVISA INC-CLASS A SHARES	3.64%	Halal	Not halal	Not halal	Not halal	Not halal
6	LLYELI LILLY & CO	3.19%	Halal	Halal	Not halal	Not halal	Halal
7	AVGOBroadcom Inc.	2.75%	Halal	Halal	Not halal	Not halal	Halal
8	MAMASTERCARD INC - A	2.66%	Doubtful	Not halal	Not halal	Not halal	Not halal
9	MRKMERCK & CO. INC.	1.45%	Halal	Halal	Not halal	Not halal	Halal
10	JNJJOHNSON & JOHNSON	1.30%	Halal	Halal	Halal	Halal	Halal
11	ABBVABBVIE INC	1.09%	Halal	Halal	Not halal	Not halal	Halal
12	AAPLAPPLE INC	10.39%	Halal	Halal	Halal	Halal	Halal
13	BKNGBOOKING HOLDINGS INC	0.96%	Doubtful	Not halal	Not halal	Not halal	Not halal
14	MARMarriott International, Inc Class A	0.82%	Doubtful	Halal	Not halal	Not halal	Halal
15	HDHOME DEPOT INC	0.82%	Halal	Halal	Not halal	Not halal	Halal
16	LRCXLAM RESH CORP	0.81%	Halal	Halal	Halal	Halal	Halal
17	PMPHILIP MORRIS INTERNATIONAL	0.79%	Not halal	Not halal	Not halal	Not halal	Not halal
18	SNDKSANDISK CORP/DE SNDKV	0.74%	Not halal	Halal	Halal	Halal	Halal
19	CSCOCISCO SYSTEMS INC	0.71%	Halal	Halal	Halal	Halal	Halal
20	AMGNAMGEN INC	0.66%	Not halal	Not halal	Not halal	Not halal	Not halal
21	KLACKLA CORPORATION	0.64%	Halal	Halal	Halal	Halal	Halal
22	HLTHILTON WORLDWIDE	0.63%	Doubtful	Halal	Not halal	Not halal	Halal
23	MCDMCDONALDS CORP	0.60%	Halal	Halal	Not halal	Not halal	Halal
24	ACNACCENTURE PLC-CL A	0.59%	Doubtful	Not rated	Not rated	Not rated	Not rated
25	XOMEXXONMOBIL HOLDINGS CORP COMMON STOCK USD	0.59%	Halal	Halal	Halal	Halal	Halal
26	ORLYOREILLY AUTOMOTIVE INC	0.59%	Halal	Halal	Not halal	Not halal	Halal
27	KOCOCA-COLA CO/THE	0.56%	Halal	Halal	Not halal	Not halal	Halal
28	PGRPROGRESSIVE CORP	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
29	IBMInternational Business Machines Corporation	0.54%	Doubtful	Not rated	Not halal	Not halal	Not rated
30	BMYBRISTOL-MYERS SQUIBB CO	0.53%	Not halal	Not halal	Not halal	Not halal	Not halal
31	ADBEADOBE SYSTEMS INC	0.48%	Halal	Halal	Halal	Halal	Halal
32	MCKMCKESSON CORP	0.47%	Halal	Halal	Halal	Halal	Halal
33	AXPAMERICAN EXPRESS CO	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
34	PGPROCTER & GAMBLE CO/THE	0.43%	Halal	Halal	Halal	Halal	Halal
35	MRSHMARSH & MCLENNAN COS	0.42%	Not halal	Not halal	Not halal	Not halal	Not halal
36	CEGCONSTELLATION ENERGY CORPORATION	0.41%	Halal	Halal	Halal	Halal	Halal
37	AZOAUTOZONE INC	0.41%	Halal	Halal	Not halal	Not halal	Halal
38	MCOMoodys Corporation	0.41%	Doubtful	Not halal	Not halal	Not halal	Not halal
39	CATCATERPILLAR INC	0.39%	Halal	Halal	Not halal	Not halal	Halal
40	INTUINTUIT INC	0.37%	Doubtful	Not rated	Not rated	Not rated	Not rated
41	DELLDELL TECHNOLOGIES - CLASS C	0.37%	Not halal	Halal	Halal	Halal	Halal
42	AMATAPPLIED MATERIALS INC	0.37%	Halal	Halal	Halal	Halal	Halal
43	QCOMQUALCOMM INC	0.34%	Halal	Halal	Halal	Halal	Halal
44	APPAPPLOVIN CORP	0.34%	Doubtful	Not rated	Not halal	Not halal	Not rated
45	TMUST-MOBILE US INC	0.33%	Not halal	Not halal	Not halal	Not halal	Not halal
46	UNPUNION PACIFIC CORP	0.33%	Halal	Halal	Not halal	Not halal	Halal
47	YUMYUM! BRANDS INC	0.32%	Halal	Halal	Not halal	Not halal	Halal
48	HCAHCA HEALTHCARE INC	0.32%	Not halal	Not halal	Not halal	Not halal	Not halal
49	PEPPEPSICO INC	0.32%	Halal	Halal	Not halal	Not halal	Halal
50	TJXTJX COMPANIES INC	0.31%	Halal	Halal	Halal	Halal	Halal

...

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

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