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VanEck Oil Services ETF

OIH

VanEck

VanEck Oil Services ETF (OIH) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 98.91%. 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: 98.91%
  • Halal 71.39%
  • Doubtful 6.83%
  • Not halal 20.70%
  • Not rated 1.09%

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
VanEck
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.35%
AUM
1.89B USD
Holdings
25 (24 screened)
Basket as of (provider)
26 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 halal71.39%20.70%
DJIMNot halal66.84%29.49%
FTSENot halal81.61%14.71%
MSCINot halal81.61%14.71%
S&PNot halal71.39%24.94%

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

1–25 of 25 holdings, largest first · basket as of 26 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
HALHalliburton Co
6.55%HalalHalalHalalHalalHalal
2
FTITechnipfmc Plc
6.46%HalalHalalHalalHalalHalal
3
TSTenaris Sa
5.47%HalalHalalHalalHalalHalal
4
RIGTransocean Ltd
5.47%Not halalNot halalNot halalNot halalNot halal
5
WFRDWeatherford International Plc
4.55%HalalNot halalHalalHalalHalal
6
NENoble Corp Plc
4.35%Not halalNot halalHalalHalalNot halal
7
VALValaris Ltd
4.24%DoubtfulNot halalNot halalNot halalNot halal
8
NOVNov Inc
4.11%HalalHalalHalalHalalHalal
9
SEISolaris Energy Infrastructure Inc
3.88%Not halalNot halalNot halalNot halalNot halal
10
WHDCactus Inc
3.35%HalalHalalHalalHalalHalal
11
PTENPatterson-Uti Energy Inc
3.31%Not halalNot halalHalalHalalNot halal
12
TDWTidewater Inc
2.69%HalalHalalHalalHalalHalal
13
OIIOceaneering International Inc
2.58%DoubtfulNot ratedNot ratedNot ratedNot rated
14
HPHelmerich & Payne Inc
2.57%Not halalNot halalHalalHalalNot halal
15
SLBSchlumberger Nv
20.07%HalalHalalHalalHalalHalal
16
LBRTLiberty Energy Inc
1.87%HalalHalalHalalHalalHalal
17
WTTRSelect Energy Services Inc
1.78%HalalHalalHalalHalalHalal
18
BKRBaker Hughes Co
11.28%HalalHalalHalalHalalHalal
19
NBRNabors Industries Ltd
1.12%Not halalNot halalNot halalNot halalNot halal
20
HOSHornbeck Offshore Services Inc
0.94%Not ratedNot ratedNot ratedNot ratedNot rated
21
INVXDril-Quip Inc
0.90%HalalHalalHalalHalalHalal
22
XPROExpro Group Holdings Nv
0.77%HalalHalalHalalHalalHalal
23
RESRpc Inc
0.71%HalalHalalHalalHalalHalal
24
PUMPPropetro Holding Corp
0.66%HalalHalalHalalHalalHalal
25
CLBCore Laboratories Inc
0.15%HalalHalalHalalHalalHalal

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

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