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Global X - Cloud Computing UCITS ETF

CLO.L

Global X

Global X - Cloud Computing UCITS ETF (CLO.L) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 97.60%. 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: 97.60%
  • Halal 59.42%
  • Doubtful 14.76%
  • Not halal 23.42%
  • Not rated 2.40%

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 Kingdom
Domicile (where it is registered)
Ireland
Reporting currency
USD
Expense ratio
0.55%
AUM
10.39M USD
Holdings
38 (36 screened)
Basket as of (provider)
30 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 halal59.42%23.42%
DJIMNot halal54.23%32.42%
FTSENot halal20.76%70.04%
MSCINot halal20.76%70.04%
S&PNot halal55.94%27.89%

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

1–38 of 38 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
SNOWSNOWFLAKE INC
6.78%HalalHalalNot halalNot halalHalal
2
PAYCPAYCOM SOFTWARE INC
5.76%DoubtfulNot ratedNot ratedNot ratedNot rated
3
DDOGDATADOG INC - CLASS A
5.63%Not halalNot halalNot halalNot halalNot halal
4
ZSZSCALER INC
5.31%HalalHalalNot halalNot halalHalal
5
QLYSQUALYS INC
4.84%DoubtfulNot halalNot halalNot halalNot halal
6
TWLOTWILIO INC - A
4.59%HalalHalalHalalHalalHalal
7
WDAYWORKDAY INC-CLASS A
4.47%HalalHalalHalalHalalHalal
8
NETCLOUDFLARE INC - CLASS A
4.27%Not halalNot halalNot halalNot halalNot halal
9
SHOP.TOSHOPIFY INC - CLASS A
3.86%HalalHalalNot halalNot halalHalal
10
CRMSALESFORCE INC
3.69%HalalHalalHalalHalalHalal
11
BOXBOX INC - CLASS A
3.57%HalalHalalNot halalNot halalHalal
12
DBXDROPBOX INC-CLASS A
3.53%Not halalNot halalNot halalNot halalNot halal
13
NOWSERVICENOW INC
3.48%HalalNot halalNot halalNot halalNot halal
14
PCORPROCORE TECHNOLOGIES INC
3.05%HalalHalalNot halalNot halalHalal
15
HUBSHUBSPOT INC
3.05%HalalHalalNot halalNot halalHalal
16
DOCNDIGITALOCEAN HOLDINGS INC
2.93%HalalHalalNot halalNot halalHalal
17
ZMZOOM COMMUNICATIONS INC
2.82%Not halalNot halalNot halalNot halalNot rated
18
AKAMAKAMAI TECHNOLOGIES INC
2.72%Not halalNot halalNot halalNot halalNot halal
19
DLRDIGITAL REALTY TRUST INC
2.57%Not halalNot halalNot halalNot halalNot halal
20
WKWORKIVA INC
2.56%HalalHalalNot halalNot halalHalal
21
WIXWIX.COM LTD
2.53%DoubtfulNot ratedNot halalNot halalNot rated
22
FSLYFASTLY INC - CLASS A
2.39%HalalHalalHalalHalalHalal
23
FRSHFRESHWORKS INC-CL A
2.18%HalalHalalNot halalNot halalHalal
24
SINCH.STSINCH AB
2.12%Not ratedNot ratedNot ratedNot ratedNot rated
25
SPSCSPS COMMERCE INC
1.89%HalalHalalHalalHalalHalal
26
MSFTMICROSOFT CORP
1.84%HalalHalalHalalHalalHalal
27
FIVNFIVE9 INC
1.71%HalalNot halalNot halalNot halalHalal
28
AMZNAMAZON.COM INC
1.27%HalalHalalHalalHalalHalal
29
GOOGLALPHABET INC-CL A
1.04%DoubtfulNot ratedNot ratedNot ratedNot rated
30
AIC3.AI INC-A
1.03%Not halalNot ratedNot halalNot halalNot rated
31
VNETVNET Group Incorporation
0.56%Not halalNot halalNot halalNot halalNot halal
32
YEXTYEXT INC
0.52%HalalHalalHalalHalalHalal
33
PUBMPUBMATIC INC-CLASS A
0.37%DoubtfulNot ratedNot halalNot halalNot rated
34
ORCLORACLE CORP
0.31%HalalHalalNot halalNot halalHalal
35
4716.TORACLE CORP JAPAN
0.23%Not ratedNot ratedNot ratedNot ratedNot rated
36
IBMINTL BUSINESS MACHINES CORP
0.22%DoubtfulNot ratedNot halalNot halalNot rated
37
BABAALIBABA GROUP HOLDING-SP ADR
0.18%Not halalNot halalNot halalNot halalNot halal
38
KCKINGSOFT CLOUD HOLDINGS-ADR
0.11%Not halalNot halalHalalHalalNot halal

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

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