Is Horizon Kinetics Energy and Remediation ETF halal to invest in?

As of September 2026, Horizon Kinetics Energy and Remediation ETF NVIR is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Horizon Kinetics Energy and Remediation ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Horizon Kinetics Energy and Remediation ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Horizon Kinetics Energy and Remediation ETF updated?

The Shariah compliance status of Horizon Kinetics Energy and Remediation ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Horizon Kinetics Energy and Remediation ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Horizon Kinetics Energy and Remediation ETF?

You can check the latest Shariah compliance status of Horizon Kinetics Energy and Remediation ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Horizon Kinetics Energy and Remediation ETF NVIR

NVIR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Horizon Kinetics Energy and Remediation ETF is classified as halal.

HALAL

Is Horizon Kinetics Energy and Remediation ETF Halal?

Shariah Compliance Analysis of NVIR ETF

US Equity Energy

Yes. As of September 2026, Horizon Kinetics Energy and Remediation ETF (NVIR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Horizon Kinetics Energy and Remediation ETF passes Musaffa's business and financial screening criteria.

NVIR was created on 2023-02-22 by Horizon Kinetics. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 4.09m in AUM and 38 holdings. NVIR is actively managed to provide concentrated exposure to firms that are engaged in producing hydrocarbon-based energy or related remediation companies. Companies may be domiciled anywhere around the globe and of any capitalization.

Horizon Kinetics Energy and Remediation ETF (NVIR) Chart

Key Statistics of Horizon Kinetics Energy and Remediation ETF (NVIR)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Energy
71.53%
Industrials
15.57%
Information Technology
5.09%
Other
4.26%
Materials
2.20%
Health Care
1.35%

FAQ's for Horizon Kinetics Energy and Remediation ETF (NVIR)

As of September 2026, Horizon Kinetics Energy and Remediation ETF NVIR is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Horizon Kinetics Energy and Remediation ETF using these criteria to determine its compliance status.
The Shariah compliance status of Horizon Kinetics Energy and Remediation ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Horizon Kinetics Energy and Remediation ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.