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Global X - Clean Water ETF

AQWA

Global X

Global X - Clean Water ETF (AQWA) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 83.30%. 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: 83.30%
  • Halal 48.03%
  • Doubtful 0.00%
  • Not halal 35.27%
  • Not rated 16.70%

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
Global X
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.50%
AUM
21.51M USD
Holdings
37 (25 screened)
Basket as of (provider)
13 Oct 2026
Basket fetched by Akinda
30 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal48.03%35.27%
DJIMNot halal48.03%35.27%
FTSENot halal41.12%42.17%
MSCINot halal41.39%41.90%
S&PNot halal50.01%33.29%

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

1–37 of 37 holdings, largest first · basket as of 13 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
AWKAMERICAN WATER WORKS CO INC
8.24%Not halalNot halalNot halalNot halalNot halal
2
FERGFERGUSON ENTERPRISES INC
7.80%HalalHalalHalalHalalHalal
3
XYLXYLEM INC
7.42%HalalHalalHalalHalalHalal
4
UU.LUNITED UTILITIES GROUP PLC
7.37%Not halalNot halalNot halalNot halalNot halal
5
WTRGESSENTIAL UTILITIES INC
6.13%Not halalNot halalNot halalNot halalNot halal
6
SVT.LSEVERN TRENT PLC
4.77%Not halalNot halalNot halalNot halalNot halal
7
WTSWATTS WATER TECHNOLOGIES-A
4.42%HalalHalalHalalHalalHalal
8
CNMCORE & MAIN INC-CLASS A
4.27%HalalHalalNot halalNot halalHalal
9
ZWSZURN ELKAY WATER SOLUTIONS CORPORATION
4.18%HalalHalalHalalHalalHalal
10
WMSADVANCED DRAINAGE SYSTEMS IN
4.03%HalalHalalNot halalNot halalHalal
11
PNRPENTAIR PLC
3.82%HalalHalalHalalHalalHalal
12
AOSSMITH (A.O.) CORP
3.74%HalalHalalHalalHalalHalal
13
6370.TKURITA WATER INDUSTRIES LTD
2.91%Not ratedNot ratedNot ratedNot ratedNot rated
14
PRMBPRIMO BRANDS CORP
2.75%Not halalNot halalNot halalNot halalNot halal
15
FELEFRANKLIN ELECTRIC CO INC
2.46%HalalHalalHalalHalalHalal
16
021240.KSCOWAY CO LTD
2.38%Not ratedNot ratedNot ratedNot ratedNot rated
17
BMIBADGER METER INC
2.32%HalalHalalHalalHalalHalal
18
MWAMUELLER WATER PRODUCTS INC-A
2.06%HalalHalalHalalHalalHalal
19
AWRAMERICAN STATES WATER CO
1.98%Not halalNot halalNot halalNot halalHalal
20
0270.HKGUANGDONG INVESTMENT LTD
1.88%Not ratedNot ratedNot ratedNot ratedNot rated
21
600008.SSBEIJING CAPITAL ECO-ENVIRO-A
1.87%Not ratedNot ratedNot ratedNot ratedNot rated
22
CWTCALIFORNIA WATER SERVICE GRP
1.72%Not halalNot halalHalalHalalNot halal
23
CSMG3.SACIA SANEAMENTO MINAS GERAIS
1.49%Not ratedNot ratedNot ratedNot ratedNot rated
24
HTOH2O AMERICA
1.40%Not halalNot halalNot halalNot halalNot halal
25
6368.TORGANO CORP
1.36%Not ratedNot ratedNot ratedNot ratedNot rated
26
000598.SZCHENGDU XINGRONG ENVIRONME-A
0.81%Not ratedNot ratedNot ratedNot ratedNot rated
27
MSEXMIDDLESEX WATER CO
0.60%Not halalNot halalHalalHalalNot halal
28
300070.SZBEIJING ORIGINWATER TECHNO-A
0.59%Not ratedNot ratedNot ratedNot ratedNot rated
29
NWPXNWPX INFRASTRUCTURE INC
0.56%HalalHalalHalalHalalHalal
30
0371.HKBEIJING ENTERPRISES WATER GR
0.45%Not ratedNot ratedNot ratedNot ratedNot rated
31
000920.SZVONTRON TECHNOLOGY CO-A
0.45%Not ratedNot ratedNot ratedNot ratedNot rated
32
6254.TNOMURA MICRO SCIENCE CO LTD
0.39%Not ratedNot ratedNot ratedNot ratedNot rated
33
CDZICADIZ INC
0.34%HalalHalalNot halalNot halalHalal
34
601158.SSCHONGQING WATER GROUP-A
0.32%Not ratedNot ratedNot ratedNot ratedNot rated
35
CWCOCONSOLIDATED WATER CO-ORD SH
0.32%HalalHalalNot halalNot halalHalal
36
YORWYORK WATER CO
0.31%Not halalNot halalNot halalNot halalNot halal
37
ERIIENERGY RECOVERY INC
0.27%HalalHalalNot halalHalalHalal

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

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