CSBIXETF / FundCromwell Balanced Fund
Verdicts genuinely change. Free email alert the moment CSBIX's does — no target price to set, unlike a price alert.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Cromwell Balanced Fund · Total Fund Solution
74 holdings
NON-COMPLIANT 52.01% of portfolio weight is in non-compliant holdings, over the 5% threshold.
28.94% 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.
74 holdings, 61 matched (94% of weight). Portfolio as of 2025-09-30, filed 2025-11-24. Source: SEC Form N-PORT.
1.65% of this portfolio’s income is non-permissible — weighted across holdings, computed over 58% of portfolio weight (45 of 74 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.
29.2% compliant 12.6% questionable 52.0% non-compliant 6.2% unscreened
All holdings (74)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Dreyfus Treasury Obligations Cash Management Fund | NON_COMPLIANT | 8.03% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 5.76% | no in-house ratios for this holding |
| TLN Talen Energy Corp | NON_COMPLIANT | 5.21% | AAOIFI61.3% Usmani63.5% Dow Jones Islamic68.1% S&P Shariah74.8% MSCI Islamic63.5% MSCI Islamic M-Series74.8% FTSE Shariah63.5% |
| MSFT Microsoft Corp | QUESTIONABLE | 4.61% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| AMZN Amazon.com Inc | QUESTIONABLE | 3.94% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| NVDA NVIDIA Corp | COMPLIANT | 3.65% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| US TREASURY N/B | NON_COMPLIANT | 3.42% | no in-house ratios for this holding |
| US TREASURY N/B | NON_COMPLIANT | 2.98% | no in-house ratios for this holding |
| FERG Ferguson Enterprises Inc | UNRATED | 2.91% | AAOIFI16.5% Usmani38.6% Dow Jones Islamic19.3% S&P Shariah19.9% MSCI Islamic38.6% MSCI Islamic M-Series19.9% FTSE Shariah29.1% |
| DHR Danaher Corp | COMPLIANT | 2.51% | AAOIFI18.2% Usmani28.8% Dow Jones Islamic17.7% S&P Shariah16.7% MSCI Islamic28.8% MSCI Islamic M-Series16.7% FTSE Shariah28.8% |
| US TREASURY N/B | NON_COMPLIANT | 2.47% | no in-house ratios for this holding |
| PANW Palo Alto Networks Inc | COMPLIANT | 2.43% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic1.6% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| GEV GE Vernova Inc | COMPLIANT | 2.32% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| US TREASURY N/B | NON_COMPLIANT | 2.26% | no in-house ratios for this holding |
| MLM Martin Marietta Materials Inc | NON_COMPLIANT | 2.23% | AAOIFI17.5% Usmani29.8% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic29.8% MSCI Islamic M-Series18.9% FTSE Shariah27.9% |
| META Meta Platforms Inc | QUESTIONABLE | 2.22% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| US TREASURY N/B | NON_COMPLIANT | 2.09% | no in-house ratios for this holding |
| ATI ATI Inc | COMPLIANT | 2.02% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| INTU Intuit Inc | COMPLIANT | 1.90% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8% |
| LPLA LPL Financial Holdings Inc | NON_COMPLIANT | 1.87% | AAOIFI27.1% Usmani37.7% Dow Jones Islamic28.8% S&P Shariah32.0% MSCI Islamic37.7% MSCI Islamic M-Series32.0% FTSE Shariah37.7% |
| CSGP CoStar Group Inc | QUESTIONABLE | 1.84% | AAOIFI9.1% Usmani11.4% Dow Jones Islamic4.2% S&P Shariah3.9% MSCI Islamic11.3% MSCI Islamic M-Series3.9% FTSE Shariah9.8% |
| MKL Markel Group Inc | NON_COMPLIANT | 1.80% | AAOIFI19.3% Usmani6.1% Dow Jones Islamic18.3% S&P Shariah19.5% MSCI Islamic6.1% MSCI Islamic M-Series19.5% FTSE Shariah6.1% |
| VEEV Veeva Systems Inc | NON_COMPLIANT | 1.79% | AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| EXPE Expedia Group Inc | COMPLIANT | 1.56% | AAOIFI15.9% Usmani19.6% Dow Jones Islamic22.4% S&P Shariah26.0% MSCI Islamic19.6% MSCI Islamic M-Series26.0% FTSE Shariah18.8% |
| ENTG Entegris Inc | COMPLIANT | 1.44% | AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1% |
| FICO Fair Isaac Corp | COMPLIANT | 1.38% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| Avantor Inc | UNSCREENED | 1.19% | no in-house ratios for this holding |
| BLDR Builders FirstSource Inc | NON_COMPLIANT | 1.18% | AAOIFI91.9% Usmani46.3% Dow Jones Islamic41.1% S&P Shariah34.5% MSCI Islamic46.3% MSCI Islamic M-Series34.5% FTSE Shariah40.5% |
| QXO QXO Inc | NON_COMPLIANT | 1.18% | AAOIFI49.4% Usmani31.0% Dow Jones Islamic64.2% S&P Shariah94.5% MSCI Islamic30.2% MSCI Islamic M-Series94.5% FTSE Shariah26.6% |
| SPSC SPS Commerce Inc | COMPLIANT | 1.18% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.6% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| CRM Salesforce Inc | COMPLIANT | 1.16% | AAOIFI20.9% Usmani38.1% Dow Jones Islamic18.3% S&P Shariah17.8% MSCI Islamic38.1% MSCI Islamic M-Series17.8% FTSE Shariah35.8% |
| US TREASURY N/B | NON_COMPLIANT | 1.16% | no in-house ratios for this holding |
| elf Beauty Inc | UNSCREENED | 1.05% | no in-house ratios for this holding |
| THC Tenet Healthcare Corp | NON_COMPLIANT | 1.03% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| APD Air Products and Chemicals Inc | COMPLIANT | 1.01% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| NKE NIKE Inc | COMPLIANT | 0.98% | AAOIFI19.6% Usmani29.3% Dow Jones Islamic22.5% S&P Shariah19.2% MSCI Islamic29.3% MSCI Islamic M-Series19.2% FTSE Shariah20.9% |
| US TREASURY N/B | NON_COMPLIANT | 0.76% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.70% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.40% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| MET METLIFE INC | NON_COMPLIANT | 0.40% | AAOIFI47.5% Usmani3.9% Dow Jones Islamic56.2% S&P Shariah58.5% MSCI Islamic3.9% MSCI Islamic M-Series58.5% FTSE Shariah3.9% |
| PAYX PAYCHEX INC | COMPLIANT | 0.39% | AAOIFI13.2% Usmani29.6% Dow Jones Islamic10.7% S&P Shariah11.0% MSCI Islamic29.6% MSCI Islamic M-Series11.0% FTSE Shariah29.1% |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 0.39% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| AGREE LP | UNSCREENED | 0.39% | no in-house ratios for this holding |
| COF CAPITAL ONE FINANCIAL CO | NON_COMPLIANT | 0.39% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 0.39% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| PNC FINANCIAL SERVICES | UNSCREENED | 0.39% | no in-house ratios for this holding |
| KILROY REALTY LP | UNSCREENED | 0.39% | no in-house ratios for this holding |
| ORCL ORACLE CORP | NON_COMPLIANT | 0.39% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| HST HOST HOTELS & RESORTS LP | NON_COMPLIANT | 0.39% | AAOIFI8.4% Usmani9.6% Dow Jones Islamic10.8% S&P Shariah11.0% MSCI Islamic9.6% MSCI Islamic M-Series11.0% FTSE Shariah9.6% |
| IEX IDEX CORP | COMPLIANT | 0.39% | AAOIFI11.3% Usmani27.2% Dow Jones Islamic13.0% S&P Shariah12.7% MSCI Islamic27.2% MSCI Islamic M-Series12.7% FTSE Shariah26.8% |
| ELV ELEVANCE HEALTH INC | NON_COMPLIANT | 0.38% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| CDW LLC/CDW FINANCE | UNSCREENED | 0.38% | no in-house ratios for this holding |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 0.38% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| AJG ARTHUR J GALLAGHER & CO | NON_COMPLIANT | 0.38% | AAOIFI21.0% Usmani17.2% Dow Jones Islamic20.7% S&P Shariah22.4% MSCI Islamic17.2% MSCI Islamic M-Series22.4% FTSE Shariah16.6% |
| NDSN NORDSON CORP | COMPLIANT | 0.38% | AAOIFI9.1% Usmani27.3% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic27.0% MSCI Islamic M-Series11.8% FTSE Shariah25.9% |
| DELL INT LLC / EMC CORP | UNSCREENED | 0.38% | no in-house ratios for this holding |
| HP ENTERPRISE CO | UNSCREENED | 0.38% | no in-house ratios for this holding |
| NXP BV/NXP FDG/NXP USA | UNSCREENED | 0.38% | no in-house ratios for this holding |
| FERG FERGUSON ENTERPRISES INC | UNRATED | 0.37% | AAOIFI16.5% Usmani38.6% Dow Jones Islamic19.3% S&P Shariah19.9% MSCI Islamic38.6% MSCI Islamic M-Series19.9% FTSE Shariah29.1% |
| LABORATORY CORP OF AMER | UNSCREENED | 0.37% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.37% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| KO COCA-COLA CO/THE | COMPLIANT | 0.37% | AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8% |
| AIR LEASE CORP | UNSCREENED | 0.37% | no in-house ratios for this holding |
| AMGN AMGEN INC | COMPLIANT | 0.37% | AAOIFI24.9% Usmani59.9% Dow Jones Islamic33.6% S&P Shariah35.1% MSCI Islamic59.9% MSCI Islamic M-Series35.1% FTSE Shariah59.9% |
| FISV FISERV INC | NON_COMPLIANT | 0.37% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| LPL HOLDINGS INC | UNSCREENED | 0.37% | no in-house ratios for this holding |
| C CITIGROUP INC | NON_COMPLIANT | 0.34% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| XYL XYLEM INC | COMPLIANT | 0.32% | AAOIFI12.0% Usmani17.6% Dow Jones Islamic10.0% S&P Shariah10.3% MSCI Islamic17.6% MSCI Islamic M-Series10.3% FTSE Shariah16.9% |
| KDP KEURIG DR PEPPER INC | NON_COMPLIANT | 0.30% | AAOIFI58.6% Usmani30.8% Dow Jones Islamic63.3% S&P Shariah63.1% MSCI Islamic29.6% MSCI Islamic M-Series63.1% FTSE Shariah28.3% |
| LOW LOWE'S COS INC | NON_COMPLIANT | 0.30% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| VZ VERIZON COMMUNICATIONS | NON_COMPLIANT | 0.30% | AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3% |
| BRIXMOR OPERATING PART | UNSCREENED | 0.20% | no in-house ratios for this holding |
| AVGO BROADCOM INC | COMPLIANT | 0.20% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| CMCSA COMCAST CORP | NON_COMPLIANT | 0.19% | AAOIFI116.3% Usmani35.1% Dow Jones Islamic144.7% S&P Shariah134.9% MSCI Islamic35.1% MSCI Islamic M-Series134.9% FTSE Shariah35.1% |
The published standards disagree about this fund by 5 points of portfolio weight — 38.5% of it passes AAOIFI, 33.3% 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 38.5% ratios fail on 18.9% 42.7% not rated under AAOIFI
ratios pass on 35.7% ratios fail on 23.2% 41.2% not rated under Usmani
ratios pass on 37.3% ratios fail on 20.1% 42.7% not rated under Dow Jones Islamic
ratios pass on 38.4% ratios fail on 19.0% 42.7% not rated under S&P Shariah
ratios pass on 33.3% ratios fail on 24.8% 42.0% not rated under MSCI Islamic
ratios pass on 36.9% ratios fail on 20.5% 42.7% not rated under MSCI Islamic M-Series
ratios pass on 34.5% ratios fail on 21.5% 44.1% not rated under FTSE Shariah
50 of 74 listed holdings carry our own per-methodology verdicts (65% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 49 (63% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| Dreyfus Treasury Obligations Cash Management Fund | 8.03% |
| US TREASURY N/B | 5.76% |
| TLN Talen Energy Corp | 5.21% |
| US TREASURY N/B | 3.42% |
| US TREASURY N/B | 2.98% |
| US TREASURY N/B | 2.47% |
| US TREASURY N/B | 2.26% |
| MLM Martin Marietta Materials Inc | 2.23% |
| US TREASURY N/B | 2.09% |
| LPLA LPL Financial Holdings Inc | 1.87% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Cromwell Balanced Fund (CSBIX) 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.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| Dreyfus Treasury Obligations Cash Management Fundnot matched to a ticker | 8.03% | Non-compliant |
| US TREASURY N/Bnot matched to a ticker | 5.76% | Non-compliant |
| TLNTalen Energy Corp | 5.21% | Non-compliant |
| MSFTMicrosoft Corp | 4.61% | Questionable |
| AMZNAmazon.com Inc | 3.94% | Questionable |
| NVDANVIDIA Corp | 3.65% | Compliant |
| US TREASURY N/Bnot matched to a ticker | 3.42% | Non-compliant |
| US TREASURY N/Bnot matched to a ticker | 2.98% | Non-compliant |
| FERGFerguson Enterprises Inc | 2.91% | Screened, not rated |
| DHRDanaher Corp | 2.51% | Compliant |
Top 10 of 74 holdings, 43.0% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- Dreyfus Treasury Obligations Cash Management Fundnon-compliant8.03%
- US TREASURY N/Bnon-compliant5.76%
- TLNnon-compliant5.21%
- MSFTquestionable4.61%
- AMZNquestionable3.94%
- US TREASURY N/Bnon-compliant3.42%
What changed, and when
Verdict history for CSBIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for CSBIX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 5 days - this is not a reading of today
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.
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.
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.