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Horizon Kinetics Inflation Beneficiaries ETF

INFL

Horizon Kinetics

Horizon Kinetics Inflation Beneficiaries ETF (INFL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 83.46%. 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: 83.46%
  • Halal 34.04%
  • Doubtful 0.00%
  • Not halal 49.41%
  • Not rated 16.54%

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 Kinetics
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.85%
AUM
1.53B USD
Holdings
43 (38 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
23 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 halal34.04%49.41%
DJIMNot halal34.04%49.41%
FTSENot halal40.81%42.64%
MSCINot halal40.81%42.65%
S&PNot halal34.04%48.93%

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 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
LBLandBridge Corp
6.59%Not halalNot halalNot halalNot halalNot halal
2
WPMWheaton Precious Metals Corp
5.77%HalalHalalHalalHalalHalal
3
PSK.TOPrairieSky Royalty Ltd
5.45%HalalHalalHalalHalalHalal
4
FNVFranco-Nevada Corp
5.15%HalalHalalHalalHalalHalal
5
ICEIntercontinental Exchange Inc
4.83%Not halalNot halalNot halalNot halalNot halal
6
WBIWaterBridge Infrastructure LLC
4.71%Not halalNot halalNot halalNot halalNot halal
7
TPLTexas Pacific Land Corp
4.01%HalalHalalHalalHalalHalal
8
PBTPermian Basin Royalty Trust
3.69%Not ratedNot ratedNot ratedNot ratedNot rated
9
OROR Royalties Inc
3.65%HalalHalalHalalHalalHalal
10
DB1.DEDeutsche Boerse AG
3.36%Not ratedNot ratedNot ratedNot ratedNot rated
11
CCJCameco Corp
3.19%HalalHalalHalalHalalHalal
12
LNGCheniere Energy Inc
3.01%Not halalNot halalNot halalNot halalNot halal
13
CMECME Group Inc
2.98%Not halalNot halalNot halalNot halalNot halal
14
VNOMViper Energy Inc
2.65%Not halalNot halalHalalHalalNot halal
15
X.TOTMX Group Ltd
2.52%Not halalNot halalNot halalNot halalNot halal
16
MIAXMiami International Holdings Inc
2.21%Not halalNot halalNot halalNot halalNot halal
17
TPZ.TOTopaz Energy Corp
2.19%HalalHalalHalalHalalHalal
18
HEHawaiian Electric Industries Inc
1.96%Not halalNot halalHalalHalalNot halal
19
GLEN.LGlencore PLC
1.95%Not halalNot halalHalalHalalNot halal
20
WHKWhiteHawk Minerals Corp
1.91%Not halalNot halalNot halalNot halalNot halal
21
TWTradeweb Markets Inc
1.80%Not halalNot halalNot halalNot halalNot halal
22
MRSHMarsh & McLennan Cos Inc
1.75%Not halalNot halalNot halalNot halalNot halal
23
BGBunge Global SA
1.65%Not halalNot halalHalalHalalNot halal
24
EROKEagleRock Land LLC
1.62%Not halalNot halalHalalHalalNot halal
25
8697.TJapan Exchange Group Inc
1.56%Not halalNot halalNot halalNot halalNot halal
26
RPRXRoyalty Pharma PLC
1.39%Not halalNot halalNot halalNot halalNot halal
27
JOESt Joe Co/The
1.32%HalalHalalNot halalNot halalHalal
28
SIISprott Inc
1.27%Not halalNot halalNot halalNot halalNot halal
29
ALS.TOAltius Minerals Corp
0.99%Not halalNot halalNot halalNot halalNot halal
30
RBARB Global Inc
0.97%HalalHalalNot halalNot halalHalal
31
BNBrookfield Corp
0.89%Not halalNot halalNot halalNot halalNot halal
32
TFPMTriple Flag Precious Metals Corp
0.77%HalalHalalNot halalNot halalHalal
33
TRCTejon Ranch Co
0.75%HalalHalalHalalHalalHalal
34
MSBMesabi Trust
0.50%Not halalNot halalNot halalNot halalNot halal
35
CKN.LClarkson PLC
0.48%Not halalNot halalNot halalNot halalNot rated
36
SBRSabine Royalty Trust
0.40%Not ratedNot ratedNot ratedNot ratedNot rated
37
DMLPDorchester Minerals LP
0.35%HalalHalalHalalHalalHalal
38
LIF.TOLabrador Iron Ore Royalty Corp
0.28%HalalHalalHalalHalalHalal
39
SJTSan Juan Basin Royalty Trust
0.28%Not ratedNot ratedNot ratedNot ratedNot rated
40
4816.TToei Animation Co Ltd
0.19%Not halalNot halalNot halalNot halalNot halal
41
MTAMetalla Royalty & Streaming Ltd
0.19%HalalHalalHalalHalalHalal
42
3791.TIG Port Inc
0.15%Not ratedNot ratedNot ratedNot ratedNot rated
43
FRMIFermi Inc
0.01%Not halalNot halalNot ratedNot halalNot halal

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

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