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Ecofin Digital Payments Infrastructure Fund

ETPA

Ecofin Digital Payments Infrastructure Fund (ETPA) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 73.98%. 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: 73.98%
  • Halal 10.77%
  • Doubtful 19.38%
  • Not halal 43.83%
  • Not rated 26.02%

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
—
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.40%
AUM
6.49M USD
Holdings
53 (29 screened)
Basket as of (provider)
17 Apr 2023
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 halal10.77%43.83%
DJIMNot halal5.86%57.64%
FTSENot halal7.37%57.60%
MSCINot halal7.37%53.42%
S&PNot halal6.06%57.21%

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

1–50 of 53 holdings, largest first · basket as of 17 Apr 2023
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
JKHYHENRY JACK & ASSOC INC
5.18%DoubtfulNot ratedNot ratedNot ratedNot rated
2
ADYENADYEN NV
5.09%Not halalNot halalNot halalNot halalNot halal
3
VVISA INC
4.91%HalalNot halalNot halalNot halalNot halal
4
DFSDISCOVER FINL SVCS
4.82%Not ratedNot ratedNot ratedNot ratedNot rated
5
FISVFISERV INC
4.75%Not halalNot halalNot halalNot halalNot halal
6
MAMASTERCARD INCORPORATED
4.62%DoubtfulNot halalNot halalNot halalNot halal
7
FISFIDELITY NATL INFORMATION SVCS COM
4.59%Not halalNot halalNot halalNot halalNot halal
8
GPNGLOBAL PMTS INC
4.48%Not halalNot halalNot halalNot halalNot halal
9
FLTFLEETCOR TECHNOLOGIES INC
4.35%Not ratedNot ratedNot ratedNot ratedNot rated
10
AXPAMERICAN EXPRESS CO
4.34%Not halalNot halalNot halalNot halalNot halal
11
PYPLPAYPAL HLDGS INC
4.28%DoubtfulNot halalNot halalNot halalNot halal
12
WLNWORLDLINE
3.99%Not ratedNot ratedNot ratedNot ratedNot rated
13
SQBLOCK INC
3.95%DoubtfulNot ratedNot halalNot ratedNot rated
14
WEXWEX INC
3.59%Not halalNot halalNot halalNot halalNot halal
15
DOCUDOCUSIGN INC
3.48%HalalHalalHalalHalalHalal
16
WUWESTERN UN CO
3.17%Not halalNot halalNot halalNot halalNot halal
17
NEXINEXI SPA
2.58%Not halalNot halalNot ratedNot ratedNot halal
18
EEFTEURONET WORLDWIDE INC
2.38%Not halalNot halalHalalHalalNot halal
19
AFRMAFFIRM HLDGS INC
2.23%Not halalNot halalNot halalNot halalNot halal
20
NCRNCR CORP NEW
1.92%Not ratedNot ratedNot ratedNot ratedNot rated
21
MQMARQETA INC
1.89%Not halalNot halalNot halalNot halalNot halal
22
3769GMO PAYMENT GATEWA
1.64%Not ratedNot ratedNot ratedNot ratedNot rated
23
ACIWACI WORLDWIDE INC
1.51%HalalHalalHalalHalalHalal
24
EVTCEVERTEC INC
1.30%Not halalNot halalNot halalNot halalNot halal
25
PAGSPAGSEGURO DIGITAL LTD
1.09%Not halalNot halalNot halalNot halalNot halal
26
QTWOQ2 HLDGS INC
1.06%DoubtfulNot ratedNot ratedNot ratedNot rated
27
NVEINUVEI CORP-SUBORDINATE VTG
1.04%Not ratedNot ratedNot ratedNot ratedNot rated
28
STNESTONECO LTD
0.99%Not halalNot halalNot halalNot halalNot halal
29
CSGSCSG SYS INTL INC
0.96%Not ratedNot ratedNot ratedNot ratedNot rated
30
WISEWISE PLC
0.94%Not ratedNot ratedNot ratedNot ratedNot rated
31
GLBEGLOBAL E ONLINE LTD
0.87%HalalHalalNot halalNot halalHalal
32
8253CREDIT SAISON CO
0.85%Not ratedNot ratedNot ratedNot ratedNot rated
33
IREIRESS LIMITED
0.70%Not ratedNot ratedNot ratedNot ratedNot rated
34
LCLENDINGCLUB CORP
0.67%Not ratedNot ratedNot ratedNot ratedNot rated
35
GDOTGREEN DOT CORP
0.61%Not halalNot halalNot halalNot halalNot halal
36
EVOPEVO PMTS INC
0.59%Not ratedNot ratedNot ratedNot ratedNot rated
37
NETWNETWORK INTL HLDGS
0.58%Not ratedNot ratedNot ratedNot ratedNot rated
38
ZUOZUORA INC
0.52%Not ratedNot ratedNot ratedNot ratedNot rated
39
8570AEON FINANCIAL SER
0.49%Not ratedNot ratedNot ratedNot ratedNot rated
40
BIGCBIGCOMMERCE HLDGS INC
0.44%Not ratedNot ratedNot ratedNot ratedNot rated
41
PFGPROVIDENT FINL
0.32%Not halalNot halalNot halalNot halalNot halal
42
327PAX GLOBAL TECHNOL
0.30%Not ratedNot ratedNot ratedNot ratedNot rated
43
PPHPUSHPAY HOLDINGS
0.27%Not ratedNot ratedNot ratedNot ratedNot rated
44
8585ORIENT CORP
0.26%Not ratedNot ratedNot ratedNot ratedNot rated
45
CASSCASS INFORMATION SYS INC
0.23%Not halalNot halalNot halalNot ratedNot rated
46
Cash&OtherCash & Other
0.21%Not ratedNot ratedNot ratedNot ratedNot rated
47
8083CHINA YOUZAN LTD
0.20%Not ratedNot ratedNot ratedNot ratedNot rated
48
MITKMITEK SYS INC
0.20%Not halalNot halalNot halalNot halalHalal
49
OSPNONESPAN INC
0.19%DoubtfulNot ratedNot ratedNot ratedNot rated
50
CTLPCANTALOUPE INC
0.16%Not ratedNot ratedNot ratedNot ratedNot rated

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

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