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Horizon Funds - Horizon Expansion Leaders ETF

EXPN

Horizon Funds

Horizon Funds - Horizon Expansion Leaders ETF (EXPN) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 86.19%. 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: 86.19%
  • Halal 54.25%
  • Doubtful 12.91%
  • Not halal 19.04%
  • Not rated 13.81%

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
Horizon Funds
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.75%
AUM
80.82M USD
Holdings
43 (42 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 halal54.25%19.04%
DJIMNot halal57.18%17.52%
FTSENot halal45.78%32.58%
MSCINot halal45.78%32.58%
S&PNot halal58.59%16.11%

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

1–43 of 43 holdings, largest first · basket as of 30 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
NVDANVIDIA Corp
9.25%HalalHalalHalalHalalHalal
2
MSFTMicrosoft Corp
7.41%HalalHalalHalalHalalHalal
3
GOOGAlphabet Inc
6.66%DoubtfulNot ratedNot ratedNot ratedNot rated
4
AVGOBroadcom Inc
4.39%HalalHalalNot halalNot halalHalal
5
MUMicron Technology Inc
3.28%HalalHalalHalalHalalHalal
6
COSTCostco Wholesale Corp
2.67%HalalHalalHalalHalalHalal
7
PLTRPalantir Technologies Inc
2.45%DoubtfulNot ratedNot halalNot halalNot rated
8
UNHUnitedHealth Group Inc
2.32%Not halalNot halalNot halalNot halalNot halal
9
LLYEli Lilly & Co
2.29%HalalHalalNot halalNot halalHalal
10
PMPhilip Morris International Inc
2.10%Not halalNot halalNot halalNot halalNot halal
11
COPConocoPhillips
2.06%HalalHalalHalalHalalHalal
12
CMECME Group Inc
1.96%Not halalNot halalNot halalNot halalNot halal
13
CSCOCisco Systems Inc
1.88%HalalHalalHalalHalalHalal
14
MOAltria Group Inc
1.88%Not halalNot halalNot halalNot halalNot halal
15
JNJJohnson & Johnson
1.87%HalalHalalHalalHalalHalal
16
SCHWCharles Schwab Corp/The
1.70%Not halalNot halalNot halalNot halalNot halal
17
TXNTexas Instruments Inc
1.66%HalalHalalNot halalNot halalHalal
18
DASHDoorDash Inc
1.65%HalalHalalHalalHalalHalal
19
EOGEOG Resources Inc
1.62%HalalHalalHalalHalalHalal
20
GEVGE Vernova Inc
1.58%HalalHalalHalalHalalHalal
21
VLOValero Energy Corp
1.57%HalalHalalHalalHalalHalal
22
VYLRVylor Inc
1.54%Not ratedNot ratedNot ratedNot ratedNot rated
23
OXYOccidental Petroleum Corp
1.48%Not halalNot halalHalalHalalNot halal
24
LMTLockheed Martin Corp
1.44%DoubtfulHalalNot halalNot halalHalal
25
FANGDiamondback Energy Inc
1.42%Not halalNot halalHalalHalalNot halal
26
DVNDevon Energy Corp
1.41%Not halalNot halalHalalHalalHalal
27
HOODRobinhood Markets Inc
1.40%Not halalNot halalNot halalNot halalNot halal
28
PANWPalo Alto Networks Inc
1.35%HalalHalalHalalHalalHalal
29
CRWDCrowdstrike Holdings Inc
1.28%HalalHalalNot halalNot halalHalal
30
UNPUnion Pacific Corp
1.28%HalalHalalNot halalNot halalHalal
31
SNDKSandisk Corp
1.28%Not halalHalalHalalHalalHalal
32
WMWaste Management Inc
1.21%HalalNot ratedNot halalNot halalNot rated
33
MRVLMARVELL TECHNOLOGY INC
1.19%Not halalNot halalNot halalNot halalNot halal
34
GDGeneral Dynamics Corp
1.18%DoubtfulHalalNot halalNot halalHalal
35
ETNEaton Corp PLC
1.18%DoubtfulNot ratedNot ratedNot ratedNot rated
36
RSGRepublic Services Inc
1.16%HalalHalalNot halalNot halalHalal
37
VRTVertiv Holdings Co
1.12%HalalHalalHalalHalalHalal
38
STXSeagate Technology Holdings PLC
1.01%HalalHalalNot halalNot halalHalal
39
WDCWestern Digital Corp
1.00%HalalHalalHalalHalalHalal
40
CRMSalesforce Inc
0.95%HalalHalalHalalHalalHalal
41
GLWCorning Inc
0.71%HalalHalalHalalHalalHalal
42
DDOGDatadog Inc
0.67%Not halalNot halalNot halalNot halalNot halal
43
CTVACorteva Inc
0.24%Not halalHalalHalalHalalHalal

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

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