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National Security Emerging Markets Index ETF

NSI

National Security

National Security Emerging Markets Index ETF (NSI) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 67.78%. 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: 67.78%
  • Halal 32.93%
  • Doubtful 2.19%
  • Not halal 32.66%
  • Not rated 32.22%

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
National Security
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.75%
AUM
39.88M USD
Holdings
99 (84 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
26 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 halal32.93%32.66%
DJIMNot halal34.42%30.52%
FTSENot halal21.42%44.73%
MSCINot halal22.20%43.95%
S&PNot halal38.73%25.49%

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 99 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
SMSN.ILSAMSUN-GDR REG S
7.79%Not ratedNot ratedNot ratedNot ratedNot rated
2
ASXASE TECHN-ADR
3.95%HalalHalalHalalHalalHalal
3
CICHYCHINA CONSTR-ADR
3.82%Not ratedNot ratedNot ratedNot ratedNot rated
4
HHPD.ILHON HAI-GDR REGS
3.45%Not ratedNot ratedNot ratedNot ratedNot rated
5
UMCUNITED MICRO-ADR
2.58%HalalHalalHalalHalalHalal
6
PDDPDD HOLDINGS INC
2.41%Not halalNot halalNot halalNot halalNot halal
7
SKHYSK HYNIX INC-ADR
2.40%Not ratedNot ratedNot ratedNot ratedNot rated
8
RIGD.ILRELIANC-GDR 144A
2.32%Not ratedNot ratedNot ratedNot ratedNot rated
9
PNGAYPING AN INSU-ADR
2.20%Not ratedNot ratedNot ratedNot ratedNot rated
10
NTESNETEASE INC-ADR
2.15%Not halalNot halalNot halalNot halalHalal
11
HDBHDFC BANK-ADR
1.96%Not halalNot halalNot halalNot halalNot halal
12
NPSNYNASPERS-N ADR
1.90%Not ratedNot ratedNot ratedNot ratedNot rated
13
ZTOZTO EXPRESS -ADR
1.79%HalalHalalHalalHalalHalal
14
ONCBEONE MEDICINES
1.72%HalalHalalNot halalNot halalHalal
15
CHTCHUNGHWA TEL-ADR
1.71%HalalHalalHalalHalalHalal
16
MELIMERCADOLIBRE INC
1.63%DoubtfulNot ratedNot ratedNot ratedNot rated
17
IBNICICI BANK-ADR
1.49%Not halalNot halalNot halalNot halalNot halal
18
MPNGYMEITUAN-UNSP ADR
1.48%Not ratedNot ratedNot ratedNot ratedNot rated
19
TSMTAIWAN SEMIC-ADR
14.42%HalalHalalNot halalNot halalHalal
20
PKXPOSCO-SPON ADR
1.26%Not halalNot halalHalalHalalNot halal
21
YMMFULL TRUCK A-ADR
1.20%Not halalNot ratedNot halalNot halalNot rated
22
KBKB FINANCIAL-ADR
1.10%Not halalNot halalNot halalNot halalNot halal
23
VALEVALE SA-SP ADR
1.07%Not halalNot halalHalalHalalNot halal
24
AMXAMERICA MOVIL SA
1.01%Not halalNot halalNot halalNot halalNot halal
25
SKMSK TELEC-SPN ADR
0.93%Not halalNot halalHalalHalalNot halal
26
ABEVAMBEV SA-ADR
0.90%Not halalNot halalNot halalNot halalNot halal
27
PBRPETROBRAS SA-ADR
0.88%HalalHalalHalalHalalHalal
28
ITUBITAU UNIBANC-ADR
0.86%Not halalNot halalNot halalNot halalNot halal
29
SHGSHINHAN FINA-ADR
0.84%Not halalNot halalNot halalNot halalNot halal
30
RDYDR. REDDY'S LABO
0.79%HalalHalalHalalHalalHalal
31
INFYINFOSYS LTD-ADR
0.78%HalalHalalNot halalHalalHalal
32
KTKT CORP-ADR
0.77%Not halalNot halalHalalHalalNot halal
33
WFWOORI FI-ADR
0.76%Not halalNot halalNot halalNot halalNot halal
34
CIBGRUPO CIBEST SA-
0.75%Not halalNot halalNot halalNot halalNot halal
35
NUNU HOLDINGS LT-A
0.70%Not halalNot halalNot halalNot halalNot halal
36
FMXFOMENTO ECON-ADR
0.68%Not halalNot halalNot halalNot halalNot halal
37
TCOMTRIP.COM GRO-ADR
0.67%Not halalHalalHalalHalalHalal
38
PBCRYBANK CENTRAL-ADR
0.66%Not ratedNot ratedNot ratedNot ratedNot rated
39
BCHBANCO CHILE-ADR
0.64%Not halalNot halalNot halalNot halalNot halal
40
BILIBILIBILI INC-ADR
0.61%Not halalNot halalNot halalNot halalHalal
41
BBDBRADESCO-ADR
0.61%Not halalNot halalNot halalNot halalNot halal
42
BSACBANCO SANTAN-ADR
0.59%Not halalNot halalNot halalNot halalNot halal
43
AUANGLOGOLD ASHANT
0.59%HalalHalalHalalHalalHalal
44
BEKEKE HOLDINGS -ADR
0.57%Not halalNot halalNot halalNot halalHalal
45
BZKANZHUN LTD
0.55%Not halalNot halalNot halalNot halalNot halal
46
ASRGRUPO AEROPO-ADR
0.55%HalalHalalHalalHalalHalal
47
PACGRUPO AEROPO-ADR
0.51%HalalHalalNot halalNot halalHalal
48
GFIGOLD FIELDS-ADR
0.50%HalalHalalHalalHalalHalal
49
CXCEMEX SAB-SP ADR
0.49%Not halalNot halalHalalHalalNot halal
50
CPNGCOUPANG INC
0.47%HalalHalalNot halalNot halalHalal

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

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