American Beacon GLG Natural Resources ETF

MGNR

American Beacon

American Beacon GLG Natural Resources ETF (MGNR) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 81.01%. 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: 81.01%

Halal 35.64%
Doubtful 0.00%
Not halal 45.37%
Not rated 18.99%

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: American Beacon
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.75%
AUM: 1.23B USD
Holdings: 50 (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

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	35.64%	45.37%
DJIM	Not halal	39.19%	41.82%
FTSE	Not halal	61.70%	19.31%
MSCI	Not halal	61.70%	19.31%
S&P	Not halal	35.64%	45.37%

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 50 holdings, largest first · basket as of 23 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	RRCRANGE RESOURCES CORP COMMON STOCK USD.01	4.53%	Halal	Halal	Halal	Halal	Halal
2	MTARCELORMITTAL NY REGISTERED NY REG SHRS	4.31%	Not halal	Not halal	Halal	Halal	Not halal
3	SWSMURFIT WESTROCK PLC COMMON STOCK	4.02%	Not halal	Not halal	Halal	Halal	Not halal
4	ARANTERO RESOURCES CORP COMMON STOCK USD.01	3.96%	Not halal	Not halal	Halal	Halal	Not halal
5	VISTVISTA ENERGY SAB DE CV ADR	3.92%	Not halal	Not halal	Not halal	Not halal	Not halal
6	AUANGLOGOLD ASHANTI PLC COMMON STOCK	3.71%	Halal	Halal	Halal	Halal	Halal
7	HBMHUDBAY MINERALS INC COMMON STOCK	3.59%	Halal	Halal	Halal	Halal	Halal
8	EQXEQUINOX GOLD CORP COMMON STOCK	3.55%	Not halal	Halal	Halal	Halal	Not halal
9	DARDARLING INGREDIENTS INC COMMON STOCK USD.01	3.54%	Not halal	Not halal	Not halal	Not halal	Not halal
10	TECKTECK RESOURCES LTD CLS B COMMON STOCK	3.54%	Halal	Halal	Halal	Halal	Halal
11	MEOHMETHANEX CORP COMMON STOCK	3.16%	Not halal	Not halal	Not halal	Not halal	Not halal
12	FCXFREEPORT MCMORAN INC COMMON STOCK USD.1	3.14%	Halal	Halal	Halal	Halal	Halal
13	BGBUNGE GLOBAL SA COMMON STOCK USD.01	3.08%	Not halal	Not halal	Halal	Halal	Not halal
14	NESTENESTE OYJ COMMON STOCK	2.80%	Not rated	Not rated	Not rated	Not rated	Not rated
15	VGVENTURE GLOBAL INC CL A COMMON STOCK USD.01	2.75%	Not halal	Not halal	Not halal	Not halal	Not halal
16	3750CONTEMPORARY AMPEREX TECHN H COMMON STOCK CNY1.0	2.58%	Not rated	Not rated	Not rated	Not rated	Not rated
17	PRPERMIAN RESOURCES CORP CL A COMMON STOCK USD.0001	2.57%	Not halal	Not halal	Halal	Halal	Not halal
18	FANGDIAMONDBACK ENERGY INC COMMON STOCK USD.01	2.33%	Not halal	Not halal	Halal	Halal	Not halal
19	BEBLOOM ENERGY CORP A COMMON STOCK USD.0001	2.21%	Halal	Halal	Not halal	Not halal	Halal
20	AAALCOA CORP COMMON STOCK USD.01	2.19%	Halal	Halal	Halal	Halal	Halal
21	FMFIRST QUANTUM MINERALS LTD COMMON STOCK	1.92%	Not rated	Not rated	Not rated	Not rated	Not rated
22	CSCAPSTONE COPPER CORP COMMON STOCK	1.84%	Not rated	Not rated	Not rated	Not rated	Not rated
23	GFIGOLD FIELDS LTD SPONS ADR ADR	1.81%	Halal	Halal	Halal	Halal	Halal
24	DPMDPM METALS INC COMMON STOCK	1.80%	Not rated	Not rated	Not rated	Not rated	Not rated
25	KGCKINROSS GOLD CORP COMMON STOCK	1.78%	Halal	Halal	Halal	Halal	Halal
26	EGOELDORADO GOLD CORP COMMON STOCK	1.61%	Halal	Halal	Halal	Halal	Halal
27	VYLRVYLOR INC COMMON STOCK USD.01	1.54%	Not rated	Not rated	Not rated	Not rated	Not rated
28	HLHECLA MINING CO COMMON STOCK USD.25	1.54%	Halal	Halal	Halal	Halal	Halal
29	IPINTERNATIONAL PAPER CO COMMON STOCK USD1.0	1.50%	Not halal	Not halal	Halal	Halal	Not halal
30	NXTNEXTPOWER INC COMMON STOCK USD.0001	1.41%	Halal	Halal	Halal	Halal	Halal
31	ANDEANDERSONS INC/THE COMMON STOCK	1.37%	Not halal	Not halal	Halal	Halal	Not halal
32	TSNTYSON FOODS INC CL A COMMON STOCK USD.1	1.35%	Not halal	Not halal	Not halal	Not halal	Not halal
33	PAASPAN AMERICAN SILVER CORP COMMON STOCK	1.32%	Halal	Halal	Halal	Halal	Halal
34	CFCF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01	1.28%	Halal	Halal	Halal	Halal	Halal
35	NSTNORTHERN STAR RESOURCES LTD COMMON STOCK	1.22%	Not rated	Not rated	Not rated	Not rated	Not rated
36	CDECOEUR MINING INC COMMON STOCK USD.01	1.18%	Halal	Halal	Halal	Halal	Halal
37	MOWIMOWI ASA COMMON STOCK NOK7.5	1.18%	Not rated	Not rated	Not rated	Not rated	Not rated
38	2899ZIJIN MINING GROUP CO LTD H COMMON STOCK CNY.1	0.98%	Not rated	Not rated	Not rated	Not rated	Not rated
39	NTRNUTRIEN LTD COMMON STOCK	0.97%	Not halal	Not halal	Halal	Halal	Not halal
40	SEISOLARIS ENERGY INFRASTRUCTUR COMMON STOCK USD.01	0.94%	Not halal	Not halal	Not halal	Not halal	Not halal
41	AGFIRST MAJESTIC SILVER CORP COMMON STOCK	0.81%	Halal	Halal	Halal	Halal	Halal
42	HRLHORMEL FOODS CORP COMMON STOCK USD.01465	0.75%	Not halal	Not halal	Not halal	Not halal	Not halal
43	NHYNORSK HYDRO ASA COMMON STOCK NOK1.098	0.69%	Not rated	Not rated	Not rated	Not rated	Not rated
44	A373220LG ENERGY SOLUTION COMMON STOCK KRW500.0	0.65%	Not rated	Not rated	Not rated	Not rated	Not rated
45	NEONEO PERFORMANCE MATERIALS IN COMMON STOCK	0.62%	Not halal	Not halal	Halal	Halal	Not halal
46	A034020DOOSAN ENERBILITY CO LTD COMMON STOCK KRW5000.0	0.49%	Not rated	Not rated	Not rated	Not rated	Not rated
47	JBSJBS NV A COMMON STOCK EUR.01	0.48%	Not halal	Not halal	Not halal	Not halal	Not halal
48	ASPIASP ISOTOPES INC COMMON STOCK USD.01	0.22%	Not halal	Not halal	Not halal	Not halal	Not halal
49	MOSMOSAIC CO/THE COMMON STOCK USD.01	0.00%	Not halal	Not halal	Halal	Halal	Not halal
50	CTVACORTEVA INC COMMON STOCK USD.01	0.00%	Not 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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