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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
CC

CCALX

$65.87
Sharia status
COMPLIANT
Screened by look-through to its filed holdings — 96% of portfolio weight covered
Fund look-through

CONESTOGA SMALL CAP FUND · Conestoga Funds

44 holdings · as of 2026-06-30 (2.4 months ago)

COMPLIANT 3.51% of portfolio weight is in non-compliant holdings, under the 5% threshold.

44 holdings, 43 matched (96% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.

1.10% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (40 of 44 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.

92.1% compliant 0.0% questionable 3.5% non-compliant 4.1% unscreened

All holdings (44)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
CWST CASELLA WASTE SYSTEMS INC COMPLIANT 5.03% AAOIFI24.3% Usmani40.6% Dow Jones Islamic22.7% S&P Shariah23.4% MSCI Islamic40.6% MSCI Islamic M-Series23.4% FTSE Shariah38.0%
DGII DIGI INTERNATIONAL INC COMPLIANT 4.83% AAOIFI4.4% Usmani12.3% Dow Jones Islamic7.5% S&P Shariah8.7% MSCI Islamic12.3% MSCI Islamic M-Series8.7% FTSE Shariah11.2%
ESE ESCO TECHNOLOGIES INC COMPLIANT 4.75% AAOIFI1.9% Usmani6.2% Dow Jones Islamic2.5% S&P Shariah3.0% MSCI Islamic5.6% MSCI Islamic M-Series3.0% FTSE Shariah3.5%
NOVT NOVANTA INC COMPLIANT 4.58% AAOIFI5.0% Usmani13.3% Dow Jones Islamic5.7% S&P Shariah5.4% MSCI Islamic13.2% MSCI Islamic M-Series5.4% FTSE Shariah10.7%
RBC RBC BEARINGS INC COMPLIANT 4.54% AAOIFI5.6% Usmani17.7% Dow Jones Islamic6.5% S&P Shariah7.6% MSCI Islamic16.8% MSCI Islamic M-Series7.6% FTSE Shariah15.5%
BCPC BALCHEM CORP COMPLIANT 4.21% AAOIFI0.2% Usmani0.9% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.8% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
MERCURY SYSTEMS INC UNSCREENED 4.10% no in-house ratios for this holding
LMAT LEMAITRE VASCULAR INC COMPLIANT 4.08% AAOIFI1.2% Usmani3.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic3.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0%
FSV FIRSTSERVICE CORP COMPLIANT 3.77% AAOIFI15.2% Usmani32.3% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic32.3% MSCI Islamic M-Series18.9% FTSE Shariah25.3%
ROAD CONSTRUCTION PARTNERS INC COMPLIANT 3.36% AAOIFI31.8% Usmani52.4% Dow Jones Islamic32.7% S&P Shariah39.6% MSCI Islamic52.4% MSCI Islamic M-Series39.6% FTSE Shariah49.5%
MMSI MERIT MEDICAL SYSTEMS INC COMPLIANT 3.25% AAOIFI15.3% Usmani28.6% Dow Jones Islamic15.9% S&P Shariah16.6% MSCI Islamic28.6% MSCI Islamic M-Series16.6% FTSE Shariah25.7%
STVN STEVANATO GROUP SPA COMPLIANT 3.08% AAOIFI8.2% Usmani17.9% Dow Jones Islamic8.6% S&P Shariah8.0% MSCI Islamic17.9% MSCI Islamic M-Series8.0% FTSE Shariah17.9%
AAON AAON INC COMPLIANT 2.98% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
HLIO HELIOS TECHNOLOGIES INC COMPLIANT 2.98% AAOIFI10.4% Usmani16.2% Dow Jones Islamic13.7% S&P Shariah14.5% MSCI Islamic16.2% MSCI Islamic M-Series14.5% FTSE Shariah14.9%
RGEN REPLIGEN CORP COMPLIANT 2.88% AAOIFI7.3% Usmani23.4% Dow Jones Islamic8.8% S&P Shariah8.4% MSCI Islamic23.4% MSCI Islamic M-Series8.4% FTSE Shariah18.7%
VCEL VERICEL CORP COMPLIANT 2.85% AAOIFI4.0% Usmani18.5% Dow Jones Islamic4.4% S&P Shariah4.4% MSCI Islamic18.4% MSCI Islamic M-Series4.4% FTSE Shariah0.0%
FSS FEDERAL SIGNAL CORP COMPLIANT 2.82% AAOIFI6.7% Usmani19.9% Dow Jones Islamic7.6% S&P Shariah8.3% MSCI Islamic19.9% MSCI Islamic M-Series8.3% FTSE Shariah18.6%
CSW CSW INDUSTRIALS INC COMPLIANT 2.82% AAOIFI18.8% Usmani39.7% Dow Jones Islamic18.5% S&P Shariah20.5% MSCI Islamic39.7% MSCI Islamic M-Series20.5% FTSE Shariah36.7%
DSGX DESCARTES SYSTEMS GROUP INC (THE) COMPLIANT 2.80% AAOIFI0.1% Usmani0.4% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.4% MSCI Islamic M-Series0.1% FTSE Shariah0.0%
SPXC SPX TECHNOLOGIES INC COMPLIANT 2.76% AAOIFI6.2% Usmani15.6% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic15.6% MSCI Islamic M-Series8.0% FTSE Shariah15.6%
SITE SITEONE LANDSCAPE SUPPLY INC COMPLIANT 2.67% AAOIFI22.8% Usmani32.8% Dow Jones Islamic17.3% S&P Shariah16.3% MSCI Islamic28.9% MSCI Islamic M-Series16.3% FTSE Shariah15.5%
MSA MSA SAFETY INC COMPLIANT 2.07% AAOIFI8.8% Usmani24.7% Dow Jones Islamic9.9% S&P Shariah9.8% MSCI Islamic24.7% MSCI Islamic M-Series9.8% FTSE Shariah23.1%
ULS UL SOLUTIONS INC COMPLIANT 1.80% AAOIFI3.2% Usmani15.3% Dow Jones Islamic3.4% S&P Shariahpass MSCI Islamic15.3% MSCI Islamic M-Seriespass FTSE Shariah9.7%
UTI UNIVERSAL TECHNICAL INSTITUTE INC COMPLIANT 1.64% AAOIFI30.9% Usmani40.4% Dow Jones Islamic22.4% S&P Shariah28.0% MSCI Islamic40.0% MSCI Islamic M-Series28.0% FTSE Shariah17.8%
SSD SIMPSON MANUFACTURING CO INC COMPLIANT 1.64% AAOIFI5.7% Usmani13.4% Dow Jones Islamic5.8% S&P Shariah5.8% MSCI Islamic13.4% MSCI Islamic M-Series5.8% FTSE Shariah9.8%
EXPO EXPONENT INC COMPLIANT 1.63% AAOIFI2.5% Usmani12.4% Dow Jones Islamic2.1% S&P Shariah2.0% MSCI Islamic12.4% MSCI Islamic M-Series2.0% FTSE Shariah0.0%
AGYS AGILYSYS INC COMPLIANT 1.38% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass
LGN LEGENCE CORP COMPLIANT 1.36% AAOIFI19.4% Usmani32.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic32.0% MSCI Islamic M-Seriespass FTSE Shariah27.7%
QTWO Q2 HOLDINGS INC COMPLIANT 1.31% AAOIFI1.1% Usmani4.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic4.2% MSCI Islamic M-Series1.0% FTSE Shariah0.0%
TRNS TRANSCAT INC COMPLIANT 1.18% AAOIFI17.9% Usmani29.0% Dow Jones Islamic18.3% S&P Shariah17.0% MSCI Islamic29.0% MSCI Islamic M-Series17.0% FTSE Shariah22.4%
AORT ARTIVION INC NON_COMPLIANT 1.06% AAOIFI33.0% Usmani38.1% Dow Jones Islamic27.5% S&P Shariah32.2% MSCI Islamic37.7% MSCI Islamic M-Series32.2% FTSE Shariah33.9%
KAI KADANT INC COMPLIANT 0.97% AAOIFI14.5% Usmani27.0% Dow Jones Islamic13.4% S&P Shariah14.1% MSCI Islamic27.0% MSCI Islamic M-Series14.1% FTSE Shariah27.0%
NPO ENPRO INC COMPLIANT 0.97% AAOIFI9.2% Usmani22.1% Dow Jones Islamic12.5% S&P Shariah14.2% MSCI Islamic22.1% MSCI Islamic M-Series14.2% FTSE Shariah21.6%
KRMN KARMAN HOLDINGS INC COMPLIANT 0.92% AAOIFI0.4% Usmani8.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic1.5% MSCI Islamic M-Seriespass FTSE Shariah0.4%
KGS KODIAK GAS SERVICES INC NON_COMPLIANT 0.88% AAOIFI43.8% Usmani51.2% Dow Jones Islamic74.1% S&P Shariah90.9% MSCI Islamic50.3% MSCI Islamic M-Series90.9% FTSE Shariah49.5%
WDFC WD-40 COMPANY COMPLIANT 0.83% AAOIFI3.7% Usmani22.9% Dow Jones Islamic3.8% S&P Shariah3.8% MSCI Islamic22.9% MSCI Islamic M-Series3.8% FTSE Shariah20.1%
MTDR MATADOR RESOURCES COMPANY NON_COMPLIANT 0.79% AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2%
MGY MAGNOLIA OIL & GAS CORP COMPLIANT 0.75% AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5%
NCNO NCINO INC COMPLIANT 0.73% AAOIFI12.3% Usmani21.5% Dow Jones Islamic9.7% S&P Shariah9.1% MSCI Islamic18.3% MSCI Islamic M-Series9.1% FTSE Shariah17.5%
KN KNOWLES CORP COMPLIANT 0.65% AAOIFI5.0% Usmani14.4% Dow Jones Islamic7.5% S&P Shariah8.2% MSCI Islamic14.3% MSCI Islamic M-Series8.2% FTSE Shariah12.4%
MIR MIRION TECHNOLOGIES INC COMPLIANT 0.64% AAOIFI11.3% Usmani13.5% Dow Jones Islamic10.2% S&P Shariah12.1% MSCI Islamic13.5% MSCI Islamic M-Series12.1% FTSE Shariah12.6%
PRM PERIMETER SOLUTIONS INC COMPLIANT 0.59% AAOIFI24.1% Usmani38.8% Dow Jones Islamic40.1% S&P Shariah52.4% MSCI Islamic38.6% MSCI Islamic M-Series52.4% FTSE Shariah37.3%
WK WORKIVA INC NON_COMPLIANT 0.41% AAOIFI0.3% Usmani1.8% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.8% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
BFAM BRIGHT HORIZONS FAMILY SOLUTIONS LLC NON_COMPLIANT 0.38% AAOIFI57.1% Usmani48.8% Dow Jones Islamic31.5% S&P Shariah31.3% MSCI Islamic48.8% MSCI Islamic M-Series31.3% FTSE Shariah28.5%

The published standards disagree about this fund by 22 points of portfolio weight — 73.1% of it passes Dow Jones Islamic, 51.1% 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 70.3% ratios fail on 8.8% 20.6% not rated under AAOIFI

43 of 44 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 41 (91% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
AORT ARTIVION INC 1.06%
KGS KODIAK GAS SERVICES INC 0.88%
MTDR MATADOR RESOURCES COMPANY 0.79%
WK WORKIVA INC 0.41%
BFAM BRIGHT HORIZONS FAMILY SOLUTIONS LLC 0.38%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

CCALX (CCALX) is currently considered halal (Sharia-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

COMPLIANT
Sharia compliance

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for CCALX — this runs off the critical path so the page paints first. It will appear here on its own.

72.8870.1167.3364.5661.792025-09-122026-03-132026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance

This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.

Price Forecast

7-day expected range
65.9719 68.9881
±2.23% from 67.48, made 2026-09-08 · resolves 2026-09-15
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22336 forecast(s) are currently open and will be scored automatically when their horizon expires.

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.

Technical Summary

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)33.00NEUTRAL
Stochastic %K (14)17.42BUY
CCI (20)-109.27BUY
Williams %R (14)-82.58BUY
MACD (12,26,9)-0.36SELL
ROC (10)-5.25SELL
Momentum (10)-3.65SELL
EMA (10)66.96SELL
SMA (10)66.96SELL
EMA (20)68.08SELL
SMA (20)68.67SELL
EMA (30)68.66SELL
SMA (30)69.71SELL
EMA (50)69.09SELL
SMA (50)69.78SELL
EMA (100)69.03SELL
SMA (100)69.13SELL
EMA (200)68.78SELL
SMA (200)68.56SELL

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.

About CCALX

Under normal market circumstances, the fund invests at least 80% of its net assets in equity securities of small-cap companies. Equity securities include American depositary receipts ("ADRs"), convertible securities, foreign and domestic common and preferred stocks, rights and warrants.

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.