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First Trust Developed International Equity Select ETF RNDM

Is First Trust Developed International Equity Select ETF Halal?

Shariah Compliance Analysis of RNDM ETF

No. As of October 2026, First Trust Developed International Equity Select ETF (RNDM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RNDM was created on 2017-06-20 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 19.84m in AUM and 430 holdings. RNDM tracks an index of developed international ex-US equities, selected for low volatility and weighted according to a tiered methodology: first market-cap followed by modified equal weights.

RNDM Shariah Compliance

As of October 2026, First Trust Developed International Equity Select ETF is classified as not halal.

NOT HALAL

First Trust Developed International Equity Select ETF (RNDM) Chart

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