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FCVTETF / FundFirst Trust SSI Strategic Convertible Securities ETF

$48.96 last close 2026-10-09
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 74% of portfolio weight covered
Fund look-through

First Trust SSI Strategic Convertible Securities ETF · First Trust Exchange-Traded Fund IV

125 holdings

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 32.28% of portfolio weight is in non-compliant holdings, over the 5% threshold.

125 holdings, 91 matched (74% of weight). Portfolio as of 2026-07-31, filed 2026-09-24. Source: SEC Form N-PORT.

2.02% of this portfolio’s income is non-permissible — weighted across holdings, computed over 63% of portfolio weight (77 of 125 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.

36.5% compliant 5.9% questionable 32.1% non-compliant 25.5% unscreened

All holdings (125)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
NEBIUS GROUP NV UNSCREENED 3.18% no in-house ratios for this holding
GOOG ALPHABET INC QUESTIONABLE 3.18% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
WDC WESTERN DIGITAL CORP COMPLIANT 3.09% AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6%
GOOG ALPHABET INC QUESTIONABLE 2.81% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
LITE LUMENTUM HOLDINGS INC COMPLIANT 2.55% AAOIFI1.9% Usmani22.9% Dow Jones Islamic6.7% S&P Shariah9.4% MSCI Islamic22.9% MSCI Islamic M-Series9.4% FTSE Shariah22.4%
MORGAN STANLEY FINANCE LLC UNSCREENED 2.17% no in-house ratios for this holding
BA BOEING COMPANY (THE) NON_COMPLIANT 2.15% AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2%
LYV LIVE NATION ENTERTAINMENT INC NON_COMPLIANT 2.10% AAOIFI27.6% Usmani40.0% Dow Jones Islamic32.8% S&P Shariah37.6% MSCI Islamic40.0% MSCI Islamic M-Series37.6% FTSE Shariah32.7%
NEXTERA ENERGY CAPITAL HOLDINGS INC UNSCREENED 1.82% no in-house ratios for this holding
AKAM AKAMAI TECHNOLOGIES INC NON_COMPLIANT 1.71% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
WFC WELLS FARGO & COMPANY NON_COMPLIANT 1.69% AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1%
DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS UNSCREENED 1.56% no in-house ratios for this holding
HPE HEWLETT PACKARD ENTERPRISE COMPANY NON_COMPLIANT 1.56% AAOIFI29.3% Usmani24.2% Dow Jones Islamic61.2% S&P Shariah69.5% MSCI Islamic24.2% MSCI Islamic M-Series69.5% FTSE Shariah24.2%
ON ON SEMICONDUCTOR CORP COMPLIANT 1.52% AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1%
SNOW SNOWFLAKE INC COMPLIANT 1.46% AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
WELLTOWER OP LLC UNSCREENED 1.39% no in-house ratios for this holding
GH GUARDANT HEALTH INC COMPLIANT 1.38% AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6%
LITE LUMENTUM HOLDINGS INC COMPLIANT 1.35% AAOIFI1.9% Usmani22.9% Dow Jones Islamic6.7% S&P Shariah9.4% MSCI Islamic22.9% MSCI Islamic M-Series9.4% FTSE Shariah22.4%
MCHP MICROCHIP TECHNOLOGY INC COMPLIANT 1.30% AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2%
BE BLOOM ENERGY CORP COMPLIANT 1.23% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
MKSI MKS INC COMPLIANT 1.14% AAOIFI22.4% Usmani44.1% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic44.1% MSCI Islamic M-Series39.9% FTSE Shariah44.1%
AEIS ADVANCED ENERGY INDUSTRIES INC COMPLIANT 1.13% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
BAC BANK OF AMERICA CORP NON_COMPLIANT 1.12% AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7%
IREN IREN LTD NON_COMPLIANT 1.08% AAOIFI48.9% Usmani49.6% Dow Jones Islamic83.7% S&P Shariah114.2% MSCI Islamic48.1% MSCI Islamic M-Series114.2% FTSE Shariah48.1%
WULF TERAWULF INC NON_COMPLIANT 1.06% AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6%
ORCL ORACLE CORP NON_COMPLIANT 1.03% AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5%
WISDOMTREE INC UNSCREENED 1.03% no in-house ratios for this holding
RIVN RIVIAN AUTOMOTIVE INC NON_COMPLIANT 1.01% AAOIFI22.4% Usmani35.4% Dow Jones Islamic25.5% S&P Shariah24.9% MSCI Islamic34.7% MSCI Islamic M-Series24.9% FTSE Shariah29.4%
MORGAN STANLEY FINANCE LLC UNSCREENED 0.98% no in-house ratios for this holding
CYBERARK SOFTWARE LTD UNSCREENED 0.97% no in-house ratios for this holding
SO SOUTHERN COMPANY (THE) NON_COMPLIANT 0.95% AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8%
BTSG BRIGHTSPRING HEALTH SERVICES INC COMPLIANT 0.92% AAOIFI19.9% Usmani39.9% Dow Jones Islamic37.1% S&P Shariah45.1% MSCI Islamic39.6% MSCI Islamic M-Series45.1% FTSE Shariah36.6%
UCTT ULTRA CLEAN HOLDINGS INC COMPLIANT 0.89% AAOIFI23.7% Usmani40.5% Dow Jones Islamic38.9% S&P Shariah40.9% MSCI Islamic40.5% MSCI Islamic M-Series40.9% FTSE Shariah31.2%
DOCN DIGITALOCEAN HOLDINGS INC COMPLIANT 0.89% AAOIFI9.5% Usmani58.0% Dow Jones Islamic23.7% S&P Shariah28.5% MSCI Islamic44.8% MSCI Islamic M-Series28.5% FTSE Shariah29.5%
WEC WEC ENERGY GROUP INC NON_COMPLIANT 0.87% AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1%
PCG PG&E CORP NON_COMPLIANT 0.85% AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3%
AST SPACEMOBILE INC UNSCREENED 0.81% no in-house ratios for this holding
DASH DOORDASH INC COMPLIANT 0.80% AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9%
CYTK CYTOKINETICS INC NON_COMPLIANT 0.79% AAOIFI3.9% Usmani20.7% Dow Jones Islamic5.9% S&P Shariah6.2% MSCI Islamic20.7% MSCI Islamic M-Series6.2% FTSE Shariah14.3%
NEO NEOGENOMICS INC COMPLIANT 0.78% AAOIFI19.5% Usmani33.2% Dow Jones Islamic30.5% S&P Shariah27.4% MSCI Islamic32.7% MSCI Islamic M-Series27.4% FTSE Shariah27.7%
AFRM AFFIRM HOLDINGS INC NON_COMPLIANT 0.75% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
ALB ALBEMARLE CORP COMPLIANT 0.74% AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8%
ITGR INTEGER HOLDINGS CORP NON_COMPLIANT 0.73% AAOIFI30.5% Usmani39.9% Dow Jones Islamic35.6% S&P Shariah36.3% MSCI Islamic38.4% MSCI Islamic M-Series36.3% FTSE Shariah36.2%
HALO HALOZYME THERAPEUTICS INC COMPLIANT 0.73% AAOIFI17.2% Usmani83.3% Dow Jones Islamic27.4% S&P Shariah30.4% MSCI Islamic83.3% MSCI Islamic M-Series30.4% FTSE Shariah83.3%
COREWEAVE INC UNSCREENED 0.73% no in-house ratios for this holding
DLR DIGITAL REALTY TRUST LP COMPLIANT 0.71% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
NEBIUS GROUP NV UNSCREENED 0.69% no in-house ratios for this holding
VSEC VSE CORP COMPLIANT 0.68% AAOIFI19.0% Usmani23.3% Dow Jones Islamic28.8% S&P Shariah37.2% MSCI Islamic23.3% MSCI Islamic M-Series37.2% FTSE Shariah21.5%
CLSK CLEANSPARK INC NON_COMPLIANT 0.66% AAOIFI54.6% Usmani65.9% Dow Jones Islamic56.9% S&P Shariah61.3% MSCI Islamic65.9% MSCI Islamic M-Series61.3% FTSE Shariah65.9%
JAZZ INVESTMENTS I LTD UNSCREENED 0.66% no in-house ratios for this holding
CIPHER DIGITAL INC UNSCREENED 0.65% no in-house ratios for this holding
ONTO ONTO INNOVATION INC UNRATED 0.65% AAOIFI11.2% Usmani39.8% Dow Jones Islamic16.3% S&P Shariah16.7% MSCI Islamic39.8% MSCI Islamic M-Series16.7% FTSE Shariah39.8%
FLR FLUOR CORP NON_COMPLIANT 0.65% AAOIFI15.0% Usmani14.2% Dow Jones Islamic14.5% S&P Shariah15.0% MSCI Islamic14.2% MSCI Islamic M-Series15.0% FTSE Shariah14.2%
SMTC SEMTECH CORP COMPLIANT 0.64% AAOIFI3.8% Usmani36.0% Dow Jones Islamic8.0% S&P Shariah10.6% MSCI Islamic36.0% MSCI Islamic M-Series10.6% FTSE Shariah34.2%
ARES ARES MANAGEMENT CORP NON_COMPLIANT 0.64% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
KNX KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC COMPLIANT 0.64% AAOIFI22.0% Usmani26.4% Dow Jones Islamic29.8% S&P Shariah30.4% MSCI Islamic21.6% MSCI Islamic M-Series30.4% FTSE Shariah18.7%
LNTH LANTHEUS HOLDINGS INC COMPLIANT 0.63% AAOIFI1.9% Usmani5.2% Dow Jones Islamic2.2% S&P Shariah2.3% MSCI Islamic5.2% MSCI Islamic M-Series2.3% FTSE Shariah2.9%
REVOLUTION MEDICINES INC UNSCREENED 0.63% no in-house ratios for this holding
PI IMPINJ INC COMPLIANT 0.62% AAOIFI5.1% Usmani49.9% Dow Jones Islamic6.2% S&P Shariah6.8% MSCI Islamic49.9% MSCI Islamic M-Series6.8% FTSE Shariah45.2%
O REALTY INCOME CORP NON_COMPLIANT 0.62% AAOIFI3.5% Usmani2.6% Dow Jones Islamic4.0% S&P Shariah4.3% MSCI Islamic2.6% MSCI Islamic M-Series4.3% FTSE Shariah2.6%
CELCUITY INC UNSCREENED 0.62% no in-house ratios for this holding
BBIO BRIDGEBIO PHARMA INC COMPLIANT 0.61% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
BBIO BRIDGEBIO PHARMA INC COMPLIANT 0.61% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
STX SEAGATE TECHNOLOGY HOLDINGS PLC COMPLIANT 0.61% AAOIFI2.0% Usmani39.5% Dow Jones Islamic5.8% S&P Shariah7.7% MSCI Islamic39.5% MSCI Islamic M-Series7.7% FTSE Shariah36.1%
MTSI MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC COMPLIANT 0.60% AAOIFI1.7% Usmani17.6% Dow Jones Islamic2.6% S&P Shariah3.1% MSCI Islamic16.2% MSCI Islamic M-Series3.1% FTSE Shariah15.9%
SMCI SUPER MICRO COMPUTER INC NON_COMPLIANT 0.59% AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5%
IMAX IMAX CORP NON_COMPLIANT 0.58% AAOIFI8.8% Usmani26.6% Dow Jones Islamic13.6% S&P Shariah16.3% MSCI Islamic26.6% MSCI Islamic M-Series16.3% FTSE Shariah26.6%
PTCT PTC THERAPEUTICS INC NON_COMPLIANT 0.58% AAOIFI11.9% Usmani21.4% Dow Jones Islamic16.9% S&P Shariah20.0% MSCI Islamic21.2% MSCI Islamic M-Series20.0% FTSE Shariah18.2%
MARA MARA HOLDINGS INC NON_COMPLIANT 0.57% AAOIFI59.2% Usmani56.7% Dow Jones Islamic48.0% S&P Shariah50.6% MSCI Islamic56.6% MSCI Islamic M-Series50.6% FTSE Shariah55.6%
MIRM MIRUM PHARMACEUTICALS INC COMPLIANT 0.57% AAOIFI11.6% Usmani73.0% Dow Jones Islamic20.3% S&P Shariah25.7% MSCI Islamic73.0% MSCI Islamic M-Series25.7% FTSE Shariah71.8%
ARWR ARROWHEAD PHARMACEUTICALS INC COMPLIANT 0.57% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
PL PLANET LABS PBC COMPLIANT 0.56% AAOIFI0.8% Usmani3.5% Dow Jones Islamic1.0% S&P Shariah1.4% MSCI Islamic3.5% MSCI Islamic M-Series1.4% FTSE Shariah0.0%
CNP CENTERPOINT ENERGY INC NON_COMPLIANT 0.56% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
SITIME CORP UNSCREENED 0.55% no in-house ratios for this holding
NET CLOUDFLARE INC NON_COMPLIANT 0.54% AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0%
CIEN CIENA CORP COMPLIANT 0.54% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
COREWEAVE INC UNSCREENED 0.53% no in-house ratios for this holding
MP MP MATERIALS CORP NON_COMPLIANT 0.53% AAOIFI9.8% Usmani25.6% Dow Jones Islamic12.3% S&P Shariah15.7% MSCI Islamic25.6% MSCI Islamic M-Series15.7% FTSE Shariah25.1%
AMKR AMKOR TECHNOLOGY INC COMPLIANT 0.52% AAOIFI12.6% Usmani19.6% Dow Jones Islamic16.4% S&P Shariah17.6% MSCI Islamic18.0% MSCI Islamic M-Series17.6% FTSE Shariah17.2%
CORE SCIENTIFIC INC UNSCREENED 0.52% no in-house ratios for this holding
UBER UBER TECHNOLOGIES INC COMPLIANT 0.52% AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3%
BURL BURLINGTON STORES INC COMPLIANT 0.52% AAOIFI35.4% Usmani59.0% Dow Jones Islamic33.2% S&P Shariah36.9% MSCI Islamic58.8% MSCI Islamic M-Series36.9% FTSE Shariah19.1%
LGND LIGAND PHARMACEUTICALS INC COMPLIANT 0.52% AAOIFI19.7% Usmani51.8% Dow Jones Islamic34.1% S&P Shariah42.6% MSCI Islamic51.8% MSCI Islamic M-Series42.6% FTSE Shariah51.5%
NEE NEXTERA ENERGY INC NON_COMPLIANT 0.51% AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2%
GLXY GALAXY DIGITAL INC NON_COMPLIANT 0.50% AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0%
LGND LIGAND PHARMACEUTICALS INC COMPLIANT 0.50% AAOIFI19.7% Usmani51.8% Dow Jones Islamic34.1% S&P Shariah42.6% MSCI Islamic51.8% MSCI Islamic M-Series42.6% FTSE Shariah51.5%
LNT ALLIANT ENERGY CORP NON_COMPLIANT 0.48% AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4%
EVRG EVERGY INC NON_COMPLIANT 0.47% AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2%
KIMCO REALTY OP LLC UNSCREENED 0.46% no in-house ratios for this holding
CAKE CHEESECAKE FACTORY INC (THE) NON_COMPLIANT 0.45% AAOIFI40.3% Usmani65.3% Dow Jones Islamic74.8% S&P Shariah86.9% MSCI Islamic65.3% MSCI Islamic M-Series86.9% FTSE Shariah19.2%
SOLARIS ENERGY INFRASTRUCTURE INC UNSCREENED 0.45% no in-house ratios for this holding
DDOG DATADOG INC NON_COMPLIANT 0.45% AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1%
HAT HOLDINGS I LLC / HAT HOLDINGS II LLC UNSCREENED 0.45% no in-house ratios for this holding
FE FIRSTENERGY CORP NON_COMPLIANT 0.44% AAOIFI101.8% Usmani48.1% Dow Jones Islamic111.3% S&P Shariah119.2% MSCI Islamic48.0% MSCI Islamic M-Series119.2% FTSE Shariah47.5%
FEDERAL REALTY OP LP UNSCREENED 0.44% no in-house ratios for this holding
COGENT BIOSCIENCES INC UNSCREENED 0.43% no in-house ratios for this holding
IDCC INTERDIGITAL INC COMPLIANT 0.43% AAOIFI4.6% Usmani18.3% Dow Jones Islamic6.0% S&P Shariah7.5% MSCI Islamic18.3% MSCI Islamic M-Series7.5% FTSE Shariah17.8%
VIAV VIAVI SOLUTIONS INC COMPLIANT 0.43% AAOIFI11.3% Usmani41.5% Dow Jones Islamic24.0% S&P Shariah29.9% MSCI Islamic41.5% MSCI Islamic M-Series29.9% FTSE Shariah40.0%
GVA GRANITE CONSTRUCTION INC COMPLIANT 0.43% AAOIFI33.2% Usmani36.3% Dow Jones Islamic37.9% S&P Shariah45.5% MSCI Islamic36.3% MSCI Islamic M-Series45.5% FTSE Shariah32.6%
HEALTHCARE REALTY HOLDINGS LP UNSCREENED 0.42% no in-house ratios for this holding
FWONA LIBERTY MEDIA CORP NON_COMPLIANT 0.41% AAOIFI20.6% Usmani31.0% Dow Jones Islamic23.0% S&P Shariah25.2% MSCI Islamic31.0% MSCI Islamic M-Series25.2% FTSE Shariah31.0%
ATRO ASTRONICS CORP NON_COMPLIANT 0.40% AAOIFI12.0% Usmani46.4% Dow Jones Islamic21.8% S&P Shariah27.7% MSCI Islamic46.4% MSCI Islamic M-Series27.7% FTSE Shariah40.8%
NCL CORP LTD UNSCREENED 0.40% no in-house ratios for this holding
KKR KKR & CO. INC NON_COMPLIANT 0.40% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SYNA SYNAPTICS INC COMPLIANT 0.40% AAOIFI22.6% Usmani41.7% Dow Jones Islamic28.1% S&P Shariah26.5% MSCI Islamic41.7% MSCI Islamic M-Series26.5% FTSE Shariah39.8%
ETSY INC UNSCREENED 0.39% no in-house ratios for this holding
LEU CENTRUS ENERGY CORP NON_COMPLIANT 0.38% AAOIFI33.9% Usmani46.5% Dow Jones Islamic50.7% S&P Shariah66.8% MSCI Islamic46.5% MSCI Islamic M-Series66.8% FTSE Shariah46.5%
PPL CAPITAL FUNDING INC UNSCREENED 0.38% no in-house ratios for this holding
GOLAR LNG LTD UNSCREENED 0.38% no in-house ratios for this holding
BITDEER TECHNOLOGIES GROUP UNSCREENED 0.36% no in-house ratios for this holding
MORGAN STANLEY FINANCE LLC UNSCREENED 0.36% no in-house ratios for this holding
NEBIUS GROUP NV UNSCREENED 0.36% no in-house ratios for this holding
TEM TEMPUS AI INC COMPLIANT 0.34% AAOIFI0.7% Usmani3.5% Dow Jones Islamic0.8% S&P Shariahpass MSCI Islamic3.5% MSCI Islamic M-Seriespass FTSE Shariah0.0%
BWX TECHNOLOGIES INC UNSCREENED 0.33% no in-house ratios for this holding
CRSP CRISPR THERAPEUTICS AG NON_COMPLIANT 0.32% AAOIFI15.5% Usmani29.6% Dow Jones Islamic17.0% S&P Shariah16.8% MSCI Islamic29.6% MSCI Islamic M-Series16.8% FTSE Shariah22.1%
QXO QXO INC NON_COMPLIANT 0.32% AAOIFI49.4% Usmani31.0% Dow Jones Islamic64.2% S&P Shariah94.5% MSCI Islamic30.2% MSCI Islamic M-Series94.5% FTSE Shariah26.6%
ALNY ALNYLAM PHARMACEUTICALS INC COMPLIANT 0.31% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
SOFI SOFI TECHNOLOGIES INC NON_COMPLIANT 0.30% AAOIFI14.6% Usmani5.5% Dow Jones Islamic15.6% S&P Shariah19.9% MSCI Islamic5.5% MSCI Islamic M-Series19.9% FTSE Shariah5.5%
PENGUIN SOLUTIONS INC (US) UNSCREENED 0.30% no in-house ratios for this holding
WULF TERAWULF INC NON_COMPLIANT 0.30% AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6%
APPLIED DIGITAL CORP UNSCREENED 0.30% no in-house ratios for this holding
8299.TWO PHISON ELECTRONICS CORP COMPLIANT 0.27% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass
W WAYFAIR INC COMPLIANT 0.23% AAOIFI29.3% Usmani116.8% Dow Jones Islamic38.9% S&P Shariah41.3% MSCI Islamic116.8% MSCI Islamic M-Series41.3% FTSE Shariah93.9%
RIOT RIOT PLATFORMS INC COMPLIANT 0.20% AAOIFI10.7% Usmani26.9% Dow Jones Islamic16.7% S&P Shariah20.0% MSCI Islamic26.9% MSCI Islamic M-Series20.0% FTSE Shariah25.8%
WOLF WOLFSPEED INC NON_COMPLIANT 0.15% AAOIFI145.1% Usmani59.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.7% MSCI Islamic M-Seriesfail FTSE Shariah56.2%

The published standards disagree about this fund by 28 points of portfolio weight — 38.6% of it passes AAOIFI, 11.1% passes MSCI Islamic. Which number is yours depends on which standard you follow.

These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.

ratios pass on 38.6% ratios fail on 22.6% 39.4% not rated under AAOIFI

86 of 125 listed holdings carry our own per-methodology verdicts (75% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 76 (67% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
BA BOEING COMPANY (THE) 2.15%
LYV LIVE NATION ENTERTAINMENT INC 2.10%
AKAM AKAMAI TECHNOLOGIES INC 1.71%
WFC WELLS FARGO & COMPANY 1.69%
HPE HEWLETT PACKARD ENTERPRISE COMPANY 1.56%
BAC BANK OF AMERICA CORP 1.12%
IREN IREN LTD 1.08%
WULF TERAWULF INC 1.06%
ORCL ORACLE CORP 1.03%
RIVN RIVIAN AUTOMOTIVE INC 1.01%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 4 timeframes bullish · 82.4% aligned
VWAPPrice below VWAP ($49.01)
VolumeRelative volume 1.1× the 20-day average
Momentum10-day rate of change -1.1%

First Trust SSI Strategic Convertible Securities ETF (FCVT) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Momentum (10d)
-1.1%
rate of change
SMC grade
B · 74
82.4% aligned
B · 74
SMC grade — 82.4% timeframe alignment
-1.1%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for FCVT — this runs off the critical path so the page paints first. It will appear here on its own.

54.4851.0847.6744.2740.862025-10-132026-04-142026-10-09

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
47.09
S2
47.67
S1
48.05
PIVOT
48.63
R1
49.01
R2
49.59
R3
49.97

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
46.81 – 50.27
±3.57% from 48.54, made 2026-09-15 · resolves 2026-09-22
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)46.60NEUTRAL
Stochastic %K (14)37.67NEUTRAL
CCI (20)-32.70NEUTRAL
Williams %R (14)-62.33NEUTRAL
MACD (12,26,9)-0.00SELL
ROC (10)-1.05SELL
Momentum (10)-0.52SELL
EMA (10)49.21SELL
SMA (10)49.23SELL
EMA (20)49.28SELL
SMA (20)49.13SELL
EMA (30)49.38SELL
SMA (30)49.21SELL
EMA (50)49.59SELL
SMA (50)49.69SELL
EMA (100)49.55SELL
SMA (100)50.65SELL
EMA (200)47.88BUY
SMA (200)48.43BUY

About First Trust SSI Strategic Convertible Securities ETF

Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S. and non-U.S. convertible securities. In general, convertible securities combine the investment characteristics of bonds and common stocks and typically consist of debt securities or preferred securities that may be converted or exchanged within a specified period of time into a certain amount of common stock or other equity security of the same or a different issuer.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Good setup, solid confluence

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BEARISH 41
🕐 1H BEARISH 21
⏱ 15-Min RANGING 84
⏲ 5-Min RANGING 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-1.1%
Rate of change (10d)
1.1×
Volume vs its 20-day average
-0.20
MACD (no fresh cross)

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-06 · Asset managers net 906615 (+2612)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.