Alger AI Enablers & Adopters Fund · ALGER FUNDS
66 holdings · as of 2026-04-30 (4.4 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 8.09% of portfolio weight is in non-compliant holdings, over the 5% threshold.
2.35% of that is conventional interest-bearing debt — US Treasuries or agency mortgage paper — identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
66 holdings, 55 matched (86% of weight). Portfolio as of 2026-04-30, filed 2026-06-26. Source: SEC Form N-PORT.
1.33% of this portfolio’s income is non-permissible — weighted across holdings, computed over 84% of portfolio weight (54 of 66 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
53.1% compliant 25.4% questionable 8.0% non-compliant 13.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NVDA NVIDIA CORP | COMPLIANT | 13.69% | AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 7.06% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 5.94% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| GOOG ALPHABET INC | QUESTIONABLE | 5.73% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 5.71% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 5.50% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| AVGO BROADCOM INC | COMPLIANT | 5.20% | AAOIFI3.6% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| META META PLATFORMS INC | QUESTIONABLE | 5.01% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| NEBIUS GROUP NV | UNSCREENED | 3.58% | no in-house ratios for this holding |
| AAPL APPLE INC | COMPLIANT | 2.85% | AAOIFI1.8% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| TSLA TESLA INC | COMPLIANT | 2.46% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| DREYFUS TREASURY OBLIGATIONS CASH MANAGEMENT | NON_COMPLIANT | 2.35% | no in-house ratios for this holding |
| SB TECHNOLOGY CORP | UNSCREENED | 2.33% | no in-house ratios for this holding |
| APP APPLOVIN CORP | COMPLIANT | 2.09% | AAOIFI3.3% Usmani42.5% Dow Jones Islamic2.5% S&P Shariah3.6% MSCI Islamic42.5% MSCI Islamic M-Series3.6% FTSE Shariah42.5% |
| DISRUPTIVE TECHNOLOGY SOL | UNSCREENED | 1.98% | no in-house ratios for this holding |
| ALAB ASTERA LABS INC | COMPLIANT | 1.79% | AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 2026 VDC LP SPV | UNSCREENED | 1.64% | no in-house ratios for this holding |
| SE SEA LTD | COMPLIANT | 1.63% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| GEV GE VERNOVA INC | COMPLIANT | 1.39% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| Databricks, Inc. Series K | UNSCREENED | 1.24% | no in-house ratios for this holding |
| ROKU ROKU INC | QUESTIONABLE | 1.21% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| NTRA NATERA INC | COMPLIANT | 1.19% | AAOIFI0.5% Usmani9.0% Dow Jones Islamic0.9% S&P Shariah1.2% MSCI Islamic9.0% MSCI Islamic M-Series1.2% FTSE Shariah3.0% |
| STX SEAGATE TECHNOLOGY HOLDINGS PLC | COMPLIANT | 1.17% | AAOIFI2.0% Usmani39.5% Dow Jones Islamic5.8% S&P Shariah7.7% MSCI Islamic39.5% MSCI Islamic M-Series7.7% FTSE Shariah36.1% |
| Databricks, Inc. Series J | UNSCREENED | 1.15% | no in-house ratios for this holding |
| Anthropic PBC | UNSCREENED | 1.15% | no in-house ratios for this holding |
| TLN TALEN ENERGY CORP | NON_COMPLIANT | 1.10% | AAOIFI61.3% Usmani63.5% Dow Jones Islamic68.1% S&P Shariah74.8% MSCI Islamic63.5% MSCI Islamic M-Series74.8% FTSE Shariah63.5% |
| MU MICRON TECHNOLOGY INC | COMPLIANT | 1.02% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| ANET ARISTA NETWORKS INC | COMPLIANT | 1.01% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MELI MERCADOLIBRE INC | COMPLIANT | 0.79% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| TWLO TWILIO INC | COMPLIANT | 0.71% | AAOIFI3.1% Usmani9.8% Dow Jones Islamic5.4% S&P Shariah6.4% MSCI Islamic9.8% MSCI Islamic M-Series6.4% FTSE Shariah9.2% |
| IREN IREN LTD | NON_COMPLIANT | 0.70% | AAOIFI48.9% Usmani49.6% Dow Jones Islamic83.7% S&P Shariah114.2% MSCI Islamic48.1% MSCI Islamic M-Series114.2% FTSE Shariah48.1% |
| ETN EATON CORP PLC | COMPLIANT | 0.66% | AAOIFI13.4% Usmani38.0% Dow Jones Islamic15.6% S&P Shariah16.9% MSCI Islamic38.0% MSCI Islamic M-Series16.9% FTSE Shariah36.7% |
| NRG NRG ENERGY INC | NON_COMPLIANT | 0.64% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| ISRG INTUITIVE SURGICAL INC | COMPLIANT | 0.63% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| UNH UNITEDHEALTH GROUP INC | NON_COMPLIANT | 0.55% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| NOW SERVICENOW INC | COMPLIANT | 0.52% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| PLTR PALANTIR TECHNOLOGIES INC | QUESTIONABLE | 0.50% | AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| CAT CATERPILLAR INC | COMPLIANT | 0.47% | AAOIFI1.4% Usmani5.3% Dow Jones Islamic2.1% S&P Shariah2.5% MSCI Islamic5.3% MSCI Islamic M-Series2.5% FTSE Shariah5.3% |
| CRWV COREWEAVE INC | NON_COMPLIANT | 0.46% | AAOIFI74.8% Usmani53.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic53.4% MSCI Islamic M-Seriesfail FTSE Shariah32.3% |
| RKT ROCKET COMPANIES INC | NON_COMPLIANT | 0.43% | AAOIFI27.1% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah26.9% MSCI Islamic17.7% MSCI Islamic M-Series26.9% FTSE Shariah17.7% |
| SHOP SHOPIFY INC | COMPLIANT | 0.42% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| DDOG DATADOG INC | NON_COMPLIANT | 0.40% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| HOOD ROBINHOOD MARKETS INC | NON_COMPLIANT | 0.39% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic0.4% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| MDB MONGODB INC | COMPLIANT | 0.39% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| FIGR FIGURE TECHNOLOGY SOLUTIONS INC | NON_COMPLIANT | 0.39% | AAOIFI3.7% Usmani10.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.6% MSCI Islamic M-Seriesfail FTSE Shariah10.5% |
| Figure AI Inc Class C | UNSCREENED | 0.38% | no in-house ratios for this holding |
| SN SHARKNINJA INC | COMPLIANT | 0.36% | AAOIFI3.7% Usmani16.3% Dow Jones Islamic5.8% S&P Shariah6.9% MSCI Islamic16.3% MSCI Islamic M-Series6.9% FTSE Shariah12.8% |
| OKTA OKTA INC | COMPLIANT | 0.36% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| NET CLOUDFLARE INC | NON_COMPLIANT | 0.33% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| Apptronik Series A-X1 | UNSCREENED | 0.31% | no in-house ratios for this holding |
| GFS GLOBALFOUNDRIES INC | COMPLIANT | 0.26% | AAOIFI4.6% Usmani6.7% Dow Jones Islamic4.7% S&P Shariah4.4% MSCI Islamic6.7% MSCI Islamic M-Series4.4% FTSE Shariah6.7% |
| MIR MIRION TECHNOLOGIES INC | COMPLIANT | 0.24% | AAOIFI11.3% Usmani13.5% Dow Jones Islamic10.2% S&P Shariah12.1% MSCI Islamic13.5% MSCI Islamic M-Series12.1% FTSE Shariah12.6% |
| SNDK SANDISK CORP | COMPLIANT | 0.23% | AAOIFI0.1% Usmani0.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.9% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 0.23% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| VEEV VEEVA SYSTEMS INC | NON_COMPLIANT | 0.22% | AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| NFLX NETFLIX INC | QUESTIONABLE | 0.17% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| DELL DELL TECHNOLOGIES INC | COMPLIANT | 0.16% | AAOIFI10.9% Usmani27.7% Dow Jones Islamic31.3% S&P Shariah36.8% MSCI Islamic27.7% MSCI Islamic M-Series36.8% FTSE Shariah27.1% |
| SPOT SPOTIFY TECHNOLOGY SA | NON_COMPLIANT | 0.12% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 0.09% | no in-house ratios for this holding |
| RMBS RAMBUS INC | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CVNA CARVANA COMPANY | COMPLIANT | 0.07% | AAOIFI6.8% Usmani38.2% Dow Jones Islamic8.2% S&P Shariah10.9% MSCI Islamic38.2% MSCI Islamic M-Series10.9% FTSE Shariah35.5% |
| DASH DOORDASH INC | COMPLIANT | 0.05% | AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9% |
| CH ROBINSON WORLDWIDE INC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| WRBY WARBY PARKER INC | COMPLIANT | 0.02% | AAOIFI7.9% Usmani32.5% Dow Jones Islamic9.7% S&P Shariah11.2% MSCI Islamic32.5% MSCI Islamic M-Series11.2% FTSE Shariah0.0% |
| CDNS CADENCE DESIGN SYSTEMS INC | COMPLIANT | 0.02% | AAOIFI0.3% Usmani1.9% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.9% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CEG CONSTELLATION ENERGY CORP | COMPLIANT | 0.00% | AAOIFI18.4% Usmani19.8% Dow Jones Islamic20.8% S&P Shariah24.7% MSCI Islamic19.8% MSCI Islamic M-Series24.7% FTSE Shariah19.8% |
The published standards disagree about this fund by 23 points of portfolio weight — 71.1% of it passes AAOIFI, 48.2% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 71.1% ratios fail on 7.4% 22.5% not rated under AAOIFI
ratios pass on 56.2% ratios fail on 21.4% 23.3% not rated under Usmani
ratios pass on 70.8% ratios fail on 7.4% 22.8% not rated under Dow Jones Islamic
ratios pass on 70.7% ratios fail on 7.5% 22.8% not rated under S&P Shariah
ratios pass on 48.2% ratios fail on 23.4% 29.3% not rated under MSCI Islamic
ratios pass on 70.7% ratios fail on 7.5% 22.8% not rated under MSCI Islamic M-Series
ratios pass on 55.4% ratios fail on 22.0% 23.6% not rated under FTSE Shariah
54 of 66 listed holdings carry our own per-methodology verdicts (85% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 52 (83% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| None DREYFUS TREASURY OBLIGATIONS CASH MANAGEMENT | 2.35% |
| TLN TALEN ENERGY CORP | 1.10% |
| IREN IREN LTD | 0.70% |
| NRG NRG ENERGY INC | 0.64% |
| UNH UNITEDHEALTH GROUP INC | 0.55% |
| CRWV COREWEAVE INC | 0.46% |
| RKT ROCKET COMPANIES INC | 0.43% |
| DDOG DATADOG INC | 0.40% |
| HOOD ROBINHOOD MARKETS INC | 0.39% |
| FIGR FIGURE TECHNOLOGY SOLUTIONS INC | 0.39% |
Methodology breakdown computing — it will appear here on its own.
AAICX (AAICX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
Computing the full ratio and business-activity breakdown for AAICX — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 51.20 | NEUTRAL |
| Stochastic %K (14) | 53.76 | NEUTRAL |
| CCI (20) | -5.97 | NEUTRAL |
| Williams %R (14) | -46.24 | NEUTRAL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 0.92 | BUY |
| Momentum (10) | 0.19 | BUY |
| EMA (10) | 20.97 | SELL |
| SMA (10) | 20.94 | SELL |
| EMA (20) | 20.87 | BUY |
| SMA (20) | 20.92 | SELL |
| EMA (30) | 20.80 | BUY |
| SMA (30) | 20.82 | BUY |
| EMA (50) | 20.62 | BUY |
| SMA (50) | 20.62 | BUY |
| EMA (100) | 20.03 | BUY |
| SMA (100) | 20.32 | BUY |
| EMA (200) | 18.81 | BUY |
| SMA (200) | 18.47 | BUY |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence (“AI”), demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.
