Horizon Expedition Plus ETF

HBTA

Horizon Funds

Horizon Expedition Plus ETF (HBTA) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 76.01%. 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: 76.01%

Halal 46.99%
Doubtful 13.15%
Not halal 15.87%
Not rated 23.99%

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: 0.85%
AUM: 237.48M USD
Holdings: 173 (172 screened)
Basket as of (provider): 3 Nov 2026
Basket fetched by Akinda: 3 Nov 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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	46.99%	15.87%
DJIM	Not halal	47.81%	17.56%
FTSE	Not halal	39.96%	27.38%
MSCI	Not halal	40.21%	27.01%
S&P	Not halal	47.94%	17.42%

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 173 holdings, largest first · basket as of 3 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	MAGSRoundhill Magnificent Seven ETF	8.97%	Not rated	Not rated	Not rated	Not rated	Not rated
2	NVDANVIDIA Corp	8.16%	Halal	Halal	Halal	Halal	Halal
3	MSFTMicrosoft Corp	7.90%	Halal	Halal	Halal	Halal	Halal
4	GOOGLAlphabet Inc	6.19%	Doubtful	Not rated	Not rated	Not rated	Not rated
5	MUMicron Technology Inc	3.44%	Halal	Halal	Halal	Halal	Halal
6	METAMeta Platforms Inc	3.37%	Halal	Halal	Halal	Halal	Halal
7	JPMJPMORGAN CHASE & CO.	2.00%	Not halal	Not halal	Not halal	Not halal	Not halal
8	VVisa Inc	1.83%	Halal	Not halal	Not halal	Not halal	Not halal
9	PLTRPalantir Technologies Inc	1.40%	Doubtful	Not rated	Not halal	Not halal	Not rated
10	MAMastercard Inc	1.22%	Doubtful	Not halal	Not halal	Not halal	Not halal
11	INTCIntel Corp	1.09%	Doubtful	Not rated	Not rated	Not rated	Not rated
12	LRCXLam Research Corp	0.99%	Halal	Halal	Halal	Halal	Halal
13	PANWPalo Alto Networks Inc	0.91%	Halal	Halal	Halal	Halal	Halal
14	DELLDell Technologies Inc	0.82%	Not halal	Halal	Halal	Halal	Halal
15	CRWDCrowdstrike Holdings Inc	0.81%	Halal	Halal	Not halal	Not halal	Halal
16	CVXChevron Corp	0.78%	Halal	Halal	Halal	Halal	Halal
17	TMOThermo Fisher Scientific Inc	0.75%	Halal	Halal	Not halal	Not halal	Halal
18	CATCaterpillar Inc	0.73%	Halal	Halal	Not halal	Not halal	Halal
19	KOCoca-Cola Co/The	0.72%	Halal	Halal	Not halal	Not halal	Halal
20	PMPhilip Morris International Inc	0.62%	Not halal	Not halal	Not halal	Not halal	Not halal
21	ORCLOracle Corp	0.62%	Halal	Halal	Not halal	Not halal	Halal
22	KLACKLA CORP	0.61%	Halal	Halal	Halal	Halal	Halal
23	SNDKSandisk Corp	0.61%	Not halal	Halal	Halal	Halal	Halal
24	GEVGE Vernova Inc	0.59%	Halal	Halal	Halal	Halal	Halal
25	STXSeagate Technology Holdings PLC	0.57%	Halal	Halal	Not halal	Not halal	Halal
26	MSMorgan Stanley	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
27	UNHUnitedHealth Group Inc	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal
28	CRMSalesforce Inc	0.55%	Halal	Halal	Halal	Halal	Halal
29	TSLATesla Inc	0.55%	Halal	Halal	Halal	Halal	Halal
30	MRVLMARVELL TECHNOLOGY INC	0.54%	Not halal	Not halal	Not halal	Not halal	Not halal
31	GEGE AEROSPACE	0.52%	Doubtful	Halal	Not halal	Not halal	Halal
32	COSTCostco Wholesale Corp	0.49%	Halal	Halal	Halal	Halal	Halal
33	WDCWestern Digital Corp	0.47%	Halal	Halal	Halal	Halal	Halal
34	BLKBlackrock Inc	0.46%	Not halal	Not halal	Not halal	Not halal	Not halal
35	DEDeere & Co	0.44%	Not halal	Not halal	Not halal	Not halal	Not halal
36	CCitigroup Inc	0.43%	Not halal	Not halal	Not halal	Not halal	Not halal
37	UNPUnion Pacific Corp	0.42%	Halal	Halal	Not halal	Not halal	Halal
38	ETNEaton Corp PLC	0.41%	Doubtful	Not rated	Not rated	Not rated	Not rated
39	WELLWelltower Inc	0.38%	Halal	Halal	Halal	Halal	Halal
40	NEMNewmont Corp	0.36%	Halal	Halal	Halal	Halal	Halal
41	PHParker-Hannifin Corp	0.33%	Doubtful	Not rated	Not rated	Not rated	Not rated
42	NOWServiceNow Inc	0.30%	Halal	Not halal	Not halal	Not halal	Not halal
43	MPCMarathon Petroleum Corp	0.30%	Not halal	Not halal	Not halal	Not halal	Not halal
44	MARMarriott International Inc/MD	0.30%	Doubtful	Halal	Not halal	Not halal	Halal
45	MRNAModerna Inc	0.29%	Not halal	Not halal	Not halal	Not halal	Not halal
46	FCXFreeport-McMoRan Inc	0.29%	Halal	Halal	Halal	Halal	Halal
47	SCHWCharles Schwab Corp/The	0.29%	Not halal	Not halal	Not halal	Not halal	Not halal
48	EMREmerson Electric Co	0.29%	Halal	Halal	Halal	Halal	Halal
49	JCIJohnson Controls International plc	0.28%	Halal	Halal	Halal	Halal	Halal
50	VLOValero Energy Corp	0.28%	Halal	Halal	Halal	Halal	Halal

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

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