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Horizon Kinetics Energy Remediation ETF

NVIR

Horizon Kinetics

Horizon Kinetics Energy Remediation ETF (NVIR) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 92.22%. 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: 92.22%
  • Halal 60.74%
  • Doubtful 1.05%
  • Not halal 30.43%
  • Not rated 7.78%

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
5.04M USD
Holdings
39 (36 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 halal60.74%30.43%
DJIMNot halal60.11%29.02%
FTSENot halal65.48%22.45%
MSCINot halal65.81%22.12%
S&PNot halal60.11%27.76%

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

1–39 of 39 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
CEU.TOCES Energy Solutions Corp
7.01%HalalHalalHalalHalalHalal
2
SUSuncor Energy Inc
5.41%HalalHalalHalalHalalHalal
3
PBTPermian Basin Royalty Trust
5.20%Not ratedNot ratedNot ratedNot ratedNot rated
4
WMBWilliams Cos Inc/The
5.20%Not halalNot halalNot halalNot halalNot halal
5
TPLTexas Pacific Land Corp
4.64%HalalHalalHalalHalalHalal
6
LNGCheniere Energy Inc
4.54%Not halalNot halalNot halalNot halalNot halal
7
WBIWaterBridge Infrastructure LLC
4.28%Not halalNot halalNot halalNot halalNot halal
8
EQTEQT Corp
4.08%HalalHalalHalalHalalHalal
9
EFXTEnerflex Ltd
3.84%Not halalNot halalHalalHalalNot halal
10
PSK.TOPrairieSky Royalty Ltd
3.63%HalalHalalHalalHalalHalal
11
XOMExxonMobil Holdings Corp
3.48%HalalHalalHalalHalalHalal
12
FANGDiamondback Energy Inc
3.38%Not halalNot halalHalalHalalNot halal
13
COPConocoPhillips
3.23%HalalHalalHalalHalalHalal
14
EOGEOG Resources Inc
3.09%HalalHalalHalalHalalHalal
15
WTTRSelect Water Solutions Inc
2.95%HalalHalalHalalHalalHalal
16
EXEExpand Energy Corp
2.67%HalalHalalHalalHalalHalal
17
OXYOccidental Petroleum Corp
2.40%Not halalNot halalHalalHalalNot halal
18
WTSWatts Water Technologies Inc
2.12%HalalHalalHalalHalalHalal
19
SLBSLB Ltd
2.11%HalalHalalHalalHalalHalal
20
TCW.TOTrican Well Service Ltd
2.10%HalalHalalHalalHalalHalal
21
FLSFlowserve Corp
2.04%HalalNot ratedNot ratedNot ratedNot rated
22
ECLEcolab Inc
1.94%HalalHalalNot halalNot halalHalal
23
WHKWhiteHawk Minerals Corp
1.86%Not halalNot halalNot halalNot halalNot halal
24
ITRIItron Inc
1.63%HalalHalalNot halalNot halalHalal
25
TTITETRA Technologies Inc
1.41%Not halalHalalHalalHalalHalal
26
VLTOVeralto Corp
1.41%HalalHalalNot halalNot halalHalal
27
BMIBadger Meter Inc
1.33%HalalHalalHalalHalalHalal
28
FLRFluor Corp
1.25%Not halalNot halalNot halalNot halalNot rated
29
IDXXIDEXX Laboratories Inc
1.20%HalalHalalHalalHalalHalal
30
CFW.TOCalfrac Well Services Ltd
1.19%Not halalNot halalNot ratedNot ratedNot halal
31
FELEFranklin Electric Co Inc
1.11%HalalHalalHalalHalalHalal
32
XYLXylem Inc/NY
1.10%HalalHalalHalalHalalHalal
33
LBRTLiberty Energy Inc
1.07%HalalHalalHalalHalalHalal
34
EROKEagleRock Land LLC
1.07%Not halalNot halalHalalHalalNot halal
35
IEXIDEX Corp
1.05%DoubtfulNot ratedNot ratedNot ratedNot rated
36
PNRPentair PLC
1.05%HalalHalalHalalHalalHalal
37
SJTSan Juan Basin Royalty Trust
0.75%Not ratedNot ratedNot ratedNot ratedNot rated
38
SBRSabine Royalty Trust
0.72%Not ratedNot ratedNot ratedNot ratedNot rated
39
ERIIEnergy Recovery Inc
0.33%HalalHalalNot halalHalalHalal

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

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