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.
Nomura Emerging Markets Fund · Delaware Group Global & International Funds
112 holdings · as of 2026-05-29 (3.7 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.
NON-COMPLIANT 9.25% of portfolio weight is in non-compliant holdings, over the 5% threshold.
112 holdings, 75 matched (95% of weight). Portfolio as of 2026-05-29, filed 2026-07-27. Source: SEC Form N-PORT.
1.35% of this portfolio’s income is non-permissible — weighted across holdings, computed over 94% of portfolio weight (68 of 112 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.
85.7% compliant 0.0% questionable 9.3% non-compliant 4.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 402340.KS SK SQUARE CO LTD | COMPLIANT | 29.91% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| 000660.KS SK HYNIX INC | COMPLIANT | 18.53% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 13.26% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 7.57% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 028260.KS SAMSUNG C&T CORP | COMPLIANT | 4.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2454.TW MEDIATEK INC | COMPLIANT | 3.71% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| RELIANCE.NS RELIANCE INDUSTRIES LTD | COMPLIANT | 2.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BABA ALIBABA GROUP HOLDING LTD | COMPLIANT | 1.74% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 1.10% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 1.01% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| RELIANCE.NS RELIANCE INDUSTRIES LTD | COMPLIANT | 0.91% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BIDU BAIDU INC | NON_COMPLIANT | 0.64% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| BLACKROCK LIQUIDITY FUNDS | UNSCREENED | 0.62% | no in-house ratios for this holding |
| FIDELITY COLCHESTER STREET TRUST | UNSCREENED | 0.62% | no in-house ratios for this holding |
| GOLDMAN SACHS TRUST | UNSCREENED | 0.62% | no in-house ratios for this holding |
| MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | UNSCREENED | 0.62% | no in-house ratios for this holding |
| 017670.KS SK TELECOM CO LTD | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PETR3.SA PETROLEO BRASILEIRO SA | NON_COMPLIANT | 0.57% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 032830.KS SAMSUNG LIFE INSURANCE COMPANY LTD | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CEMEX-CEMENTOS MEXICANOS SAB DE CV | UNSCREENED | 0.46% | no in-house ratios for this holding |
| BSE.NS BSE LTD | NON_COMPLIANT | 0.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FEMSAUBD.MX FOMENTO ECONOMICO MEXICANO SAB DE CV | NON_COMPLIANT | 0.44% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LG CHEMICAL LTD | UNSCREENED | 0.42% | no in-house ratios for this holding |
| LUPIN.NS LUPIN LTD | COMPLIANT | 0.41% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ITUB3.SA ITAU UNIBANCO HOLDING SA | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBDC3.SA BANCO BRADESCO SA | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PDD PDD HOLDINGS INC | NON_COMPLIANT | 0.35% | AAOIFI0.7% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.9% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| ASII.JK ASTRA INTERNATIONAL TBK PT | NON_COMPLIANT | 0.35% | AAOIFI60.1% Usmani22.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.7% MSCI Islamic M-Seriesfail FTSE Shariah21.7% |
| ABEV3.SA AMBEV SA | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6088.HK FIT HON TENG LTD | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| GRUPO FINANCIERO BANORTE SAB DE CV | UNSCREENED | 0.29% | no in-house ratios for this holding |
| BAP CREDICORP LTD | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 005380.KS HYUNDAI MOTOR COMPANY | NON_COMPLIANT | 0.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ONC BEONE MEDICINES LTD | COMPLIANT | 0.25% | AAOIFI2.8% Usmani12.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic12.5% MSCI Islamic M-Series0.3% FTSE Shariah11.7% |
| AMXB.MX AMERICA MOVIL SAB DE CV | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AKBNK.IS AKBANK TAS | NON_COMPLIANT | 0.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SOHU SOHU.COM LTD | NON_COMPLIANT | 0.21% | AAOIFI0.5% Usmani0.1% Dow Jones Islamic0.5% S&P Shariah0.5% MSCI Islamic0.1% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| 0220.HK UNI-PRESIDENT CHINA HOLDINGS LTD | COMPLIANT | 0.20% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GLENMARK.NS GLENMARK PHARMACEUTICALS LTD | COMPLIANT | 0.19% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IRY.F IRSA INVERSIONES Y REPRESENTACIONES SA | NON_COMPLIANT | 0.19% | AAOIFI49.3% Usmani21.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.1% MSCI Islamic M-Seriesfail FTSE Shariah21.1% |
| TATACONSUM.NS TATA CONSUMER PRODUCTS LTD | COMPLIANT | 0.18% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TCELL.IS TURKCELL ILETISIM HIZMETLERI AS | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0857.HK PETROCHINA COMPANY LTD | COMPLIANT | 0.17% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 055550.KS SHINHAN FINANCIAL GROUP COMPANY LTD | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EMBJ3.SA EMBRAER - EMPRESA BRASILEIRA DE AERONAUTICA SA | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9961.HK TRIP.COM GROUP LTD | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KOFUBL.MX COCA-COLA FEMSA SAB DE CV | COMPLIANT | 0.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NPN.JO NASPERS LTD | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AUROPHARMA.NS AUROBINDO PHARMA LTD | COMPLIANT | 0.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| COMPANIA DE MINAS BUENAVENTURA SA | UNSCREENED | 0.15% | no in-house ratios for this holding |
| SOCIEDAD QUIMICA Y MINERA DE CHILE SA | UNSCREENED | 0.14% | no in-house ratios for this holding |
| 105560.KS KB FINANCIAL GROUP INC | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TIM SA (BRAZIL) | UNSCREENED | 0.14% | no in-house ratios for this holding |
| CRESUD SA COMERCIAL INDUSTRIAL FINANCIERA Y AGROPECUARIA | UNSCREENED | 0.14% | no in-house ratios for this holding |
| 0135.HK KUNLUN ENERGY COMPANY LTD | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| VIVT3.SA TELEFONICA BRASIL SA | COMPLIANT | 0.13% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CHINA PETROLEUM & CHEMICAL CORP (SINOPEC CORP) | UNSCREENED | 0.11% | no in-house ratios for this holding |
| VALE3.SA VALE SA | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TLEVISACPO.MX GRUPO TELEVISA SAB | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SANB11.SA BANCO SANTANDER (BRASIL) SA | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TATACHEM.NS TATA CHEMICALS LTD | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UBL.BO UNITED BREWERIES LTD | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 066570.KS LG ELECTRONICS INC | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MBRF3.SA MBRF GLOBAL FOODS COMPANY SA | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TME TENCENT MUSIC ENTERTAINMENT GROUP | NON_COMPLIANT | 0.09% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| JD JD.COM INC | NON_COMPLIANT | 0.09% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| GRAB GRAB HOLDINGS LTD | NON_COMPLIANT | 0.09% | AAOIFI14.7% Usmani17.1% Dow Jones Islamic11.1% S&P Shariah12.2% MSCI Islamic17.1% MSCI Islamic M-Series12.2% FTSE Shariah17.1% |
| WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 9898.HK WEIBO CORP | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ISHARES INC | UNSCREENED | 0.08% | no in-house ratios for this holding |
| AXIA3.SA AXIA ENERGIA SA | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| USINAS SIDERURIGICAS DE MINAS GERAIS SA | UNSCREENED | 0.05% | no in-house ratios for this holding |
| OLLAMANI SAB | UNSCREENED | 0.05% | no in-house ratios for this holding |
| LG CHEMICAL LTD | UNSCREENED | 0.04% | no in-house ratios for this holding |
| JIOFIN.NS JIO FINANCIAL SERVICES LTD | COMPLIANT | 0.04% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TCELL.IS TURKCELL ILETISIM HIZMETLERI AS | NON_COMPLIANT | 0.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RAIL3.SA RUMO SA | NON_COMPLIANT | 0.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 004990.KS LOTTE CORP | NON_COMPLIANT | 0.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| COMPANIA CERVECERIAS UNIDAS SA | UNSCREENED | 0.03% | no in-house ratios for this holding |
| TIANJIN DEVELOPMENT HOLDINGS LTD | UNSCREENED | 0.03% | no in-house ratios for this holding |
| 280360.KS LOTTE WELLFOOD CO LTD | NON_COMPLIANT | 0.03% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 92S.SG DIDI GLOBAL INC | NON_COMPLIANT | 0.03% | AAOIFI46.9% Usmani9.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.7% MSCI Islamic M-Seriesfail FTSE Shariah8.7% |
| XP XP INC | NON_COMPLIANT | 0.02% | AAOIFI15.5% Usmani0.5% Dow Jones Islamic3.1% S&P Shariah2.9% MSCI Islamic0.5% MSCI Islamic M-Series2.9% FTSE Shariah0.5% |
| ZEEL.NS ZEE ENTERTAINMENT ENTERPRISES LTD | COMPLIANT | 0.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0525.HK GUANGSHEN RAILWAY COMPANY LTD | COMPLIANT | 0.02% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 005300.KS LOTTE CHILSUNG BEVERAGE COMPANY LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BRASKEM SA | UNSCREENED | 0.02% | no in-house ratios for this holding |
| CVHSY CABLEVISION HOLDING SA | NON_COMPLIANT | 0.02% | AAOIFI374.1% Usmani37.2% Dow Jones Islamic689.7% S&P Shariah780.3% MSCI Islamic34.8% MSCI Islamic M-Series780.3% FTSE Shariah34.8% |
| ALUMINIUM BAHRAIN BSC | UNSCREENED | 0.02% | no in-house ratios for this holding |
| AXIA3.SA AXIA ENERGIA SA | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UEM SUNRISE BHD | UNSCREENED | 0.02% | no in-house ratios for this holding |
| 9901.HK NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IQ IQIYI INC | NON_COMPLIANT | 0.01% | AAOIFI140.6% Usmani20.0% Dow Jones Islamic10.5% S&P Shariah7.5% MSCI Islamic20.0% MSCI Islamic M-Series7.5% FTSE Shariah19.1% |
| VEON VEON LTD | NON_COMPLIANT | 0.01% | AAOIFI83.3% Usmani34.1% Dow Jones Islamic3.6% S&P Shariah4.6% MSCI Islamic34.1% MSCI Islamic M-Series4.6% FTSE Shariah34.1% |
| TTKOM.IS TURK TELEKOMUNIKASYON AS | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| AUREN ENERGIA SA | UNSCREENED | 0.01% | no in-house ratios for this holding |
| GRUPO CLARIN SA | UNSCREENED | 0.00% | no in-house ratios for this holding |
| LASITE.MX SITIOS LATINOAMERICA SAB DE CV | NON_COMPLIANT | 0.00% | AAOIFI221.8% Usmani93.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic70.7% MSCI Islamic M-Seriesfail FTSE Shariah70.7% |
| D-MARKET ELECTRONIC SERVICES & TRADING | UNSCREENED | 0.00% | no in-house ratios for this holding |
| TAL TAL EDUCATION GROUP | NON_COMPLIANT | 0.00% | AAOIFI6.5% Usmani6.5% Dow Jones Islamic19.2% S&P Shariah19.2% MSCI Islamic6.5% MSCI Islamic M-Series19.2% FTSE Shariah0.0% |
| ROSNEFT OIL CO PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VK IPJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| GAZPROM PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| LUKOIL PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SBERBANK OF RUSSIA OJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Lehman Brothers Equity Finance | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Lehman Brothers Equity Finance | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VOLGA TERRITORIAL GENERATING COMPANY JSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SURGUTNEFTEGAS PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SBERBANK OF RUSSIA OJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| EL5-ENERGO PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| TRANSNEFT AK OAO | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 17 points of portfolio weight — 84.1% of it passes AAOIFI, 67.1% 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 84.1% ratios fail on 10.8% 4.9% not rated under AAOIFI
ratios pass on 67.5% ratios fail on 24.7% 7.6% not rated under Usmani
ratios pass on 82.9% ratios fail on 9.2% 7.6% not rated under Dow Jones Islamic
ratios pass on 83.0% ratios fail on 9.1% 7.6% not rated under S&P Shariah
ratios pass on 67.1% ratios fail on 25.0% 7.6% not rated under MSCI Islamic
ratios pass on 82.9% ratios fail on 9.2% 7.6% not rated under MSCI Islamic M-Series
ratios pass on 71.7% ratios fail on 20.4% 7.6% not rated under FTSE Shariah
71 of 112 listed holdings carry our own per-methodology verdicts (95% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 19 (56% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BIDU BAIDU INC | 0.64% |
| 017670.KS SK TELECOM CO LTD | 0.62% |
| PETR3.SA PETROLEO BRASILEIRO SA | 0.57% |
| 032830.KS SAMSUNG LIFE INSURANCE COMPANY LTD | 0.54% |
| BSE.NS BSE LTD | 0.45% |
| FEMSAUBD.MX FOMENTO ECONOMICO MEXICANO SAB DE CV | 0.44% |
| ITUB3.SA ITAU UNIBANCO HOLDING SA | 0.37% |
| BBDC3.SA BANCO BRADESCO SA | 0.36% |
| PDD PDD HOLDINGS INC | 0.35% |
| ASII.JK ASTRA INTERNATIONAL TBK PT | 0.35% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
DEMRX (DEMRX) 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 DEMRX — 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 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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 52.70 | NEUTRAL |
| Stochastic %K (14) | 48.78 | NEUTRAL |
| CCI (20) | 37.92 | NEUTRAL |
| Williams %R (14) | -51.22 | NEUTRAL |
| MACD (12,26,9) | -0.05 | SELL |
| ROC (10) | 1.86 | BUY |
| Momentum (10) | 1.11 | BUY |
| EMA (10) | 60.07 | BUY |
| SMA (10) | 60.68 | SELL |
| EMA (20) | 59.80 | BUY |
| SMA (20) | 59.97 | BUY |
| EMA (30) | 59.65 | BUY |
| SMA (30) | 59.10 | BUY |
| EMA (50) | 59.48 | BUY |
| SMA (50) | 58.59 | BUY |
| EMA (100) | 57.12 | BUY |
| SMA (100) | 60.63 | BUY |
| EMA (200) | 48.04 | BUY |
| SMA (200) | 48.83 | BUY |
The fund invests primarily in a broad range of equity securities of companies located in emerging market countries. Emerging market countries include those currently considered to be developing by the World Bank, the United Nations, or the countries' governments. These countries typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central America, South America, and Africa. Under normal circumstances, at least 80% of the fund's net assets, plus the amount of any borrowings for investment purposes, will be invested in emerging market issuers (80% policy).
Background via Yahoo Finance — informational, not part of the verdict.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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 2026-09-15 · Asset managers net 904684 (-7677)
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.