CIBR

First Trust Nasdaq Cybersecurity ETF

HALAL — DATA INCOMPLETEetf

Is CIBR Halal?

Cybersecurity ETF — same as HACK. Digital protection is permissible.

What You Should Know

First Trust's 9 July 2026 holdings were led by PANW (9.09%), FTNT (8.99%), CRWD (8.22%), CSCO (7.44%) and AVGO (6.80%); software and computer services were 76.98% of the portfolio on 8 July. Cybersecurity is generally permissible, but CIBR is not Sharia-screened.

⚠️ Concerns

  • Underlying issuers need screening
  • Aerospace/defense exposure
  • Not Sharia-screened

Current quantitative Sharia screen

Based on Daily issuer holdings and net-assets page figures for the period ended 2026-07-09; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 14,228.97

Cash + interest-bearing securities / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 14,228.97

Receivables + cash / assets
0.00%Within limit
Below 50% under FTSE Yasaar

0 / 14,228.97

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

Fund-level debt, liquidity and income inputs are not separately reported; underlying issuer screens and prohibited-income classification remain incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Available fund-level proxy ratios are below the examined MSCI asset limits, but the underlying portfolio has no universal prohibited-income classification.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Available fund-level proxy ratios are below the examined Malaysia limits; look-through activity remains incomplete.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A licensed historical market-cap series and fund-level prohibited-income convention are not stored.

Business-activity disclosure

CIBR is a cybersecurity ETF. Cybersecurity and enterprise software are generally permissible activities, but the portfolio includes technology hardware, telecom equipment and aerospace/defense exposure and is not Sharia-screened.

Limitation: The issuer discloses holdings, weights and sector composition but no universal prohibited-revenue allocation across each underlying issuer.

Purification

CIBR passes through distributions from underlying issuers; no scholar-approved purification percentage is disclosed.

Inputs, assumptions and primary sources
  • First Trust reported CIBR net assets of USD 14,228.970 million as of 7 July 2026 and 42 holdings around the 9 July 2026 holdings date.
  • The 9 July holdings included PANW 9.09%, FTNT 8.99%, CRWD 8.22%, CSCO 7.44% and AVGO 6.80%. First Trust Canada reported software and computer services at 76.98% of portfolio composition on 8 July 2026.
  • The issuer does not provide a school-neutral prohibited-revenue allocation or fund-level debt, cash and receivable lines; zeroes mean not separately reported, not that every underlying issuer has zero exposure.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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