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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
CM

CMCIETF / FundVanEck CMCI Commodity Strategy ETF

$30.06 last close 2026-11-12
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Price alert

Verdicts genuinely change. Free email alert the moment CMCI's does — no target price to set, unlike a price alert.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 97% of portfolio weight covered
Fund look-through

VanEck CMCI Commodity Strategy ETF · VanEck ETF Trust

18 holdings

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 98.38% of portfolio weight is in non-compliant holdings, over the 5% threshold.

98.38% of that is conventional interest-bearing debt, 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.

18 holdings, 16 matched (97% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.

0.0% compliant 0.0% questionable 97.2% non-compliant 2.8% unscreened

All holdings (18)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
United States Treasury NON_COMPLIANT 11.77% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 10.89% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 10.82% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 8.99% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 8.07% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 6.36% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 6.33% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 6.09% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 4.53% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 4.53% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 4.52% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 4.49% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 4.48% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 3.60% no in-house ratios for this holding
Invesco Treasury Portfolio UNSCREENED 1.71% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 1.46% no in-house ratios for this holding
United States Treasury NON_COMPLIANT 1.43% no in-house ratios for this holding
UBS Securities LLC UNSCREENED 1.09% no in-house ratios for this holding
Non-compliant holdingWeight
United States Treasury 11.77%
United States Treasury 10.89%
United States Treasury 10.82%
United States Treasury 8.99%
United States Treasury 8.07%
United States Treasury 6.36%
United States Treasury 6.33%
United States Treasury 6.09%
United States Treasury 4.53%
United States Treasury 4.53%

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

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

VanEck CMCI Commodity Strategy ETF (CMCI) 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.

🕌 In-house Compliance Research

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

32.1329.9227.7025.4923.282025-11-132026-05-152026-11-12

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

Support & Resistance
S3
30.00
S2
30.04
S1
30.09
PIVOT
30.13
R1
30.18
R2
30.22
R3
30.27

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

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 below. 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.

7-day expected range
31.34 – 32.26
±1.44% from 31.80, made 2026-09-16 · resolves 2026-09-23
STRONG BUY
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

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.

STRONG SELL
19 indicators
OscillatorsBUY
4 buy · 0 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)27.10BUY
Stochastic %K (14)14.31BUY
CCI (20)-101.13BUY
Williams %R (14)-85.69BUY
MACD (12,26,9)-0.14SELL
ROC (10)-4.69SELL
Momentum (10)-1.48SELL
EMA (10)30.42SELL
SMA (10)30.39SELL
EMA (20)30.81SELL
SMA (20)31.07SELL
EMA (30)30.99SELL
SMA (30)31.31SELL
EMA (50)31.01SELL
SMA (50)31.43SELL
EMA (100)30.44SELL
SMA (100)30.40SELL
EMA (200)28.88BUY
SMA (200)29.09BUY

About VanEck CMCI Commodity Strategy ETF

The fund seeks to achieve its investment objective by investing under normal circumstances in instruments that derive their value from the performance of the index. In seeking to replicate the index, the fund invests in (i) commodity-linked derivative instruments, and in (ii) bonds, debt securities and other fixed income instruments issued by various U.S. public- or private-sector entities. The fund is non-diversified.

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

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

Still fetching the market-structure read — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

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

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

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

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

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

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-11-03 · Asset managers net 928584 (+5135)

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.