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Global X Equal Weight Canadian Oil & Gas Index ETF

NRGY.TO

Global X

Global X Equal Weight Canadian Oil & Gas Index ETF (NRGY.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 91.07%. 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: 91.07%
  • Halal 46.33%
  • Doubtful 0.00%
  • Not halal 44.74%
  • Not rated 8.93%

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
Global X
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.47%
AUM
318.35M CAD
Holdings
10 (10 screened)
Basket as of (provider)
1 Nov 2026
Basket fetched by Akinda
2 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

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal46.33%44.74%
DJIMNot halal55.52%35.55%
FTSENot halal55.52%35.55%
MSCINot halal55.52%35.55%
S&PNot halal46.33%44.74%

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

1–10 of 10 holdings, largest first · basket as of 1 Nov 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
SU.TOSUNCOR ENERGY INC
9.70%HalalHalalHalalHalalHalal
2
IMO.TOIMPERIAL OIL LTD
9.25%HalalHalalHalalHalalHalal
3
CVE.TOCENOVUS ENERGY INC
9.24%HalalHalalHalalHalalHalal
4
WCP.TOWHITECAP RESOURCES INC
9.19%Not halalHalalHalalHalalNot halal
5
TOU.TOTOURMALINE OIL CORP
9.08%HalalHalalHalalHalalHalal
6
CNQ.TOCANADIAN NATURAL RESOURCES LTD
9.06%HalalHalalHalalHalalHalal
7
TRP.TOTC ENERGY CORP
9.01%Not halalNot halalNot halalNot halalNot halal
8
ENB.TOENBRIDGE INC
8.93%Not halalNot halalNot halalNot halalNot halal
9
PPL.TOPEMBINA PIPELINE CORP
8.88%Not halalNot halalNot halalNot halalNot halal
10
SOBO.TOSOUTH BOW CORP
8.73%Not halalNot halalNot halalNot halalNot halal

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

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