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HALAL TRADING ROOM Sharia-screened signals
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FA

FAIETF / FundFirst Trust Bloomberg Artificial Intelligence ETF

$51.16 last close 2026-10-30
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Sharia status
COMPLIANT
Screened by look-through to its filed holdings — 98% of portfolio weight covered
Fund look-through

First Trust Bloomberg Artificial Intelligence ETF ETF · First Trust Exchange-Traded Fund II

50 holdings · as of 2026-06-30 (4.0 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

COMPLIANT 4.87% of portfolio weight is in non-compliant holdings, under the 5% threshold.

50 holdings, 47 matched (98% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.

1.28% of this portfolio’s income is non-permissible — weighted across holdings, computed over 98% of portfolio weight (46 of 50 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.

69.4% compliant 22.2% questionable 4.9% non-compliant 1.7% unscreened

All holdings (50)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
MU MICRON TECHNOLOGY INC COMPLIANT 8.77% AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3%
AMD ADVANCED MICRO DEVICES INC COMPLIANT 7.44% AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8%
000660.KS SK HYNIX INC COMPLIANT 7.41% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
GOOG ALPHABET INC QUESTIONABLE 6.73% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
AVGO BROADCOM INC COMPLIANT 6.68% AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5%
AMZN AMAZON.COM INC QUESTIONABLE 6.33% AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1%
NVDA NVIDIA CORP COMPLIANT 5.87% AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4%
MRVL MARVELL TECHNOLOGY INC COMPLIANT 4.48% AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0%
MSFT MICROSOFT CORP QUESTIONABLE 4.22% AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3%
ASML ASML HOLDING NV COMPLIANT 4.08% AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7%
TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD COMPLIANT 3.72% AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4%
ORCL ORACLE CORP NON_COMPLIANT 2.79% AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5%
META META PLATFORMS INC QUESTIONABLE 2.73% AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6%
PLTR PALANTIR TECHNOLOGIES INC QUESTIONABLE 2.19% AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0%
NOW SERVICENOW INC COMPLIANT 1.83% AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7%
QCOM QUALCOMM INC COMPLIANT 1.76% AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7%
CRWD CROWDSTRIKE HOLDINGS INC COMPLIANT 1.66% AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2%
2454.TW MEDIATEK INC COMPLIANT 1.65% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass
ANET ARISTA NETWORKS INC COMPLIANT 1.58% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
ADBE ADOBE INC COMPLIANT 1.49% AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2%
DDOG DATADOG INC NON_COMPLIANT 1.49% AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1%
SNOW SNOWFLAKE INC COMPLIANT 1.44% AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
SHOP SHOPIFY INC COMPLIANT 1.24% AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0%
ALAB ASTERA LABS INC COMPLIANT 1.17% AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
NEBIUS GROUP NV UNSCREENED 1.04% no in-house ratios for this holding
CDNS CADENCE DESIGN SYSTEMS INC COMPLIANT 0.90% AAOIFI0.3% Usmani1.9% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.9% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
SNPS SYNOPSYS INC COMPLIANT 0.76% AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0%
INTU INTUIT INC COMPLIANT 0.63% AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8%
MPWR MONOLITHIC POWER SYSTEMS INC COMPLIANT 0.57% AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
COREWEAVE INC UNSCREENED 0.52% no in-house ratios for this holding
ASMIY ASM INTERNATIONAL NV COMPLIANT 0.47% AAOIFI0.0% Usmani0.5% Dow Jones Islamic0.0% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3%
OKTA OKTA INC COMPLIANT 0.41% AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
ZM ZOOM COMMUNICATIONS INC COMPLIANT 0.39% AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.4% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
AMBA AMBARELLA INC COMPLIANT 0.30% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
NTAP NETAPP INC COMPLIANT 0.27% AAOIFI7.4% Usmani25.0% Dow Jones Islamic11.7% S&P Shariah13.3% MSCI Islamic25.0% MSCI Islamic M-Series13.3% FTSE Shariah22.7%
QLYS QUALYS INC COMPLIANT 0.27% AAOIFI0.9% Usmani5.0% Dow Jones Islamic1.1% S&P Shariah1.0% MSCI Islamic5.0% MSCI Islamic M-Series1.0% FTSE Shariah0.0%
BESIY BE SEMICONDUCTOR INDUSTRIES NV COMPLIANT 0.26% AAOIFI3.2% Usmani48.1% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic46.8% MSCI Islamic M-Series4.7% FTSE Shariah46.8%
MDB MONGODB INC COMPLIANT 0.24% AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0%
GTLB GITLAB INC COMPLIANT 0.24% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
VIAV VIAVI SOLUTIONS INC COMPLIANT 0.22% AAOIFI11.3% Usmani41.5% Dow Jones Islamic24.0% S&P Shariah29.9% MSCI Islamic41.5% MSCI Islamic M-Series29.9% FTSE Shariah40.0%
S SENTINELONE INC COMPLIANT 0.22% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SMCI SUPER MICRO COMPUTER INC NON_COMPLIANT 0.22% AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5%
DBX DROPBOX INC NON_COMPLIANT 0.20% AAOIFI4.9% Usmani23.9% Dow Jones Islamic6.2% S&P Shariah6.5% MSCI Islamic13.8% MSCI Islamic M-Series6.5% FTSE Shariah0.0%
DT DYNATRACE INC COMPLIANT 0.20% AAOIFI1.1% Usmani3.9% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic3.9% MSCI Islamic M-Series1.1% FTSE Shariah0.0%
TEAM ATLASSIAN CORP COMPLIANT 0.20% AAOIFI2.6% Usmani20.2% Dow Jones Islamic2.9% S&P Shariah2.7% MSCI Islamic20.2% MSCI Islamic M-Series2.7% FTSE Shariah16.2%
BOX BOX INC COMPLIANT 0.19% AAOIFI11.2% Usmani37.4% Dow Jones Islamic12.1% S&P Shariah12.6% MSCI Islamic37.4% MSCI Islamic M-Series12.6% FTSE Shariah32.2%
ZS ZSCALER INC COMPLIANT 0.18% AAOIFI7.7% Usmani23.6% Dow Jones Islamic5.6% S&P Shariah5.9% MSCI Islamic23.6% MSCI Islamic M-Series5.9% FTSE Shariah21.6%
4704.T TREND MICRO INC NON_COMPLIANT 0.17% AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
PATH UIPATH INC COMPLIANT 0.17% AAOIFI1.1% Usmani2.7% Dow Jones Islamic1.2% S&P Shariah1.0% MSCI Islamic2.7% MSCI Islamic M-Series1.0% FTSE Shariah0.0%
WIX.COM LTD UNSCREENED 0.10% no in-house ratios for this holding

The published standards disagree about this fund by 30 points of portfolio weight — 88.5% of it passes Dow Jones Islamic, 58.8% 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 87.5% ratios fail on 8.2% 2.4% not rated under AAOIFI

47 of 50 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 43 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
ORCL ORACLE CORP 2.79%
DDOG DATADOG INC 1.49%
SMCI SUPER MICRO COMPUTER INC 0.22%
DBX DROPBOX INC 0.20%
4704.T TREND MICRO INC 0.17%

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 active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Why this signal?

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

Structure1 of 5 timeframes bullish · 95.7% aligned
VWAPPrice below VWAP ($53.57)
VolumeRelative volume 4.5× the 20-day average
Momentum10-day rate of change -4.1%

First Trust Bloomberg Artificial Intelligence ETF (FAI) is currently considered halal (Sharia-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)
-4.1%
rate of change
SMC grade
D · 39
95.7% aligned
D · 39
SMC grade — 95.7% timeframe alignment
-4.1%
Rate of change (10d)

🕌 In-house Compliance Research

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

58.9153.0747.2341.3835.542025-10-312026-05-042026-10-30

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

Support & Resistance
S3
52.51
S2
52.96
S1
53.33
PIVOT
53.78
R1
54.16
R2
54.61
R3
54.98

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
54.68 – 59.01
±3.81% from 56.85, made 2026-09-25 · resolves 2026-10-02
STRONG BUY
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — 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
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)35.60NEUTRAL
Stochastic %K (14)9.13BUY
CCI (20)-157.20BUY
Williams %R (14)-90.87BUY
MACD (12,26,9)-0.37SELL
ROC (10)-4.12SELL
Momentum (10)-2.20SELL
EMA (10)54.01SELL
SMA (10)53.95SELL
EMA (20)54.77SELL
SMA (20)55.57SELL
EMA (30)55.01SELL
SMA (30)56.01SELL
EMA (50)54.83SELL
SMA (50)55.25SELL
EMA (100)53.34SELL
SMA (100)53.81SELL
EMA (200)49.17BUY
SMA (200)48.66BUY

About First Trust Bloomberg Artificial Intelligence ETF

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. The index selects the top 50 companies based on a combination of the Revenue Assessment and market capitalization of companies stemming from Artificial Intelligence products and services utilizing data from Bloomberg Intelligence. The fund is non-diversified.

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

Grade verdict

Weak — low conviction, small size or skip

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 43
⏰ 4H BEARISH 22
🕐 1H BEARISH 88
⏱ 15-Min BEARISH 130
⏲ 5-Min BULLISH 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.

-4.1%
Rate of change (10d)
4.5×
Volume vs its 20-day average
-0.62
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 2026-10-27 · Asset managers net 923449 (+22072)

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.