EMIFETF / FundiShares Emerging Markets Infrastructure ETF
Verdicts genuinely change. Free email alert the moment EMIF'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.
iShares Emerging Markets Infrastructure ETF ETF · iShares Trust
43 holdings · as of 2026-06-30 (4.5 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 104% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 38.23% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 47% turns out to be. Matching more holdings can only raise this share, never lower it.
43 holdings, 23 matched (55% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
1.07% of this portfolio’s income is non-permissible — weighted across holdings, computed over 55% of portfolio weight (23 of 43 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (43)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Grupo Aeroportuario del Pacifico, S.A.B. de C.V. | UNSCREENED | 11.23% | no in-house ratios for this holding |
| TX3A.F Airports of Thailand Public Company Limited | COMPLIANT | 9.44% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP | UNSCREENED | 8.52% | no in-house ratios for this holding |
| AXIA Energia S.A. | UNSCREENED | 6.01% | no in-house ratios for this holding |
| ASURB.MX Grupo Aeroportuario del Sureste, S.A.B. de C.V. | COMPLIANT | 5.96% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ADNOC DRILLING COMPANY P.J.S.C. | UNSCREENED | 5.87% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | UNSCREENED | 5.54% | no in-house ratios for this holding |
| QATAR GAS TRANSPORT COMPANY LIMITED (NAKILAT) (QPSC) | UNSCREENED | 4.71% | no in-house ratios for this holding |
| OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | COMPLIANT | 4.30% | AAOIFI11.0% Usmani39.3% Dow Jones Islamic1.6% S&P Shariah1.8% MSCI Islamic39.3% MSCI Islamic M-Series1.8% FTSE Shariah39.3% |
| 015760.KS KOREA ELECTRIC POWER CORPORATION | NON_COMPLIANT | 3.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CPLE3.SA Companhia Paranaense de Energia - Copel | NON_COMPLIANT | 3.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1138.HK COSCO Shipping Energy Transportation Co., Ltd. | NON_COMPLIANT | 3.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MOTV3.SA MOTIVA INFRAESTRUTURA DE MOBILIDADE S.A. | NON_COMPLIANT | 3.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0836.HK China Resources Power Holdings Company Limited | NON_COMPLIANT | 2.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Companhia Energetica de Minas Gerais - CEMIG | UNSCREENED | 2.49% | no in-house ratios for this holding |
| 003816.SZ CGN Power Co., Ltd. | NON_COMPLIANT | 2.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2883.HK China Oilfield Services Limited | NON_COMPLIANT | 2.12% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0144.HK China Merchants Port Holdings Company Limited | NON_COMPLIANT | 2.09% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariahfail MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| 0135.HK KUNLUN ENERGY COMPANY LIMITED | NON_COMPLIANT | 1.95% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0902.HK HUANENG POWER INTERNATIONAL, INC. | NON_COMPLIANT | 1.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GUANGDONG INVESTMENT LIMITED | UNSCREENED | 1.69% | no in-house ratios for this holding |
| 0177.HK Jiangsu Expressway Company Limited | NON_COMPLIANT | 1.62% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ECO OKEANIS ECO TANKERS CORP. | NON_COMPLIANT | 1.53% | AAOIFI15.5% Usmani50.4% Dow Jones Islamic50.4% S&P Shariah57.5% MSCI Islamic50.4% MSCI Islamic M-Series57.5% FTSE Shariah50.4% |
| 0576.HK ZHEJIANG EXPRESSWAY CO., LTD. | NON_COMPLIANT | 1.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0916.HK CHINA LONGYUAN POWER GROUP CORPORATION LIMITED | NON_COMPLIANT | 1.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0384.HK CHINA GAS HOLDINGS LIMITED | NON_COMPLIANT | 1.19% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0956.HK China Suntien Green Energy Corporation Limited | NON_COMPLIANT | 1.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0152.HK SHENZHEN INTERNATIONAL HOLDINGS LIMITED | NON_COMPLIANT | 1.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1199.HK COSCO SHIPPING Ports Limited | NON_COMPLIANT | 0.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0995.HK Anhui Expressway Company Limited | NON_COMPLIANT | 0.85% | AAOIFI56.5% Usmani45.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic45.5% MSCI Islamic M-Series— FTSE Shariah45.5% |
| 0694.HK Beijing Capital International Airport Company Limited | NON_COMPLIANT | 0.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HONG KONG DOLLAR | UNSCREENED | 0.23% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.12% | no in-house ratios for this holding |
| BRAZILIAN REAL | UNSCREENED | 0.06% | no in-house ratios for this holding |
| MEXICAN NUEVO PESO | UNSCREENED | 0.06% | no in-house ratios for this holding |
| KOREAN WON | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MSCI EMGMKT SEP26 | UNSCREENED | 0.01% | no in-house ratios for this holding |
| NORWEGIAN KRONE | UNSCREENED | 0.00% | no in-house ratios for this holding |
| MALAYSIAN RINGGIT | UNSCREENED | 0.00% | no in-house ratios for this holding |
| CZECH KORUNA | UNSCREENED | 0.00% | no in-house ratios for this holding |
| PHILIPPINE PESO | UNSCREENED | 0.00% | no in-house ratios for this holding |
| TURKISH LIRA | UNSCREENED | 0.00% | no in-house ratios for this holding |
| UNITED ARAB EMIRATES DIRHAM | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 11 points of portfolio weight — 16.9% of it passes AAOIFI, 5.7% passes Usmani. 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 16.9% ratios fail on 36.7% 50.8% not rated under AAOIFI
ratios pass on 5.7% ratios fail on 45.9% 52.9% not rated under Usmani
ratios pass on 15.4% ratios fail on 37.4% 51.7% not rated under Dow Jones Islamic
ratios pass on 15.4% ratios fail on 37.4% 51.7% not rated under S&P Shariah
ratios pass on 14.1% ratios fail on 37.5% 52.9% not rated under MSCI Islamic
ratios pass on 15.4% ratios fail on 37.4% 51.7% not rated under MSCI Islamic M-Series
ratios pass on 16.0% ratios fail on 35.5% 52.9% not rated under FTSE Shariah
23 of 43 listed holdings carry our own per-methodology verdicts (58% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 3 (7% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 015760.KS KOREA ELECTRIC POWER CORPORATION | 3.87% |
| CPLE3.SA Companhia Paranaense de Energia - Copel | 3.36% |
| 1138.HK COSCO Shipping Energy Transportation Co., Ltd. | 3.36% |
| MOTV3.SA MOTIVA INFRAESTRUTURA DE MOBILIDADE S.A. | 3.17% |
| 0836.HK China Resources Power Holdings Company Limited | 2.93% |
| 003816.SZ CGN Power Co., Ltd. | 2.26% |
| 2883.HK China Oilfield Services Limited | 2.12% |
| 0144.HK China Merchants Port Holdings Company Limited | 2.09% |
| 0135.HK KUNLUN ENERGY COMPANY LIMITED | 1.95% |
| 0902.HK HUANENG POWER INTERNATIONAL, INC. | 1.78% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
iShares Emerging Markets Infrastructure ETF (EMIF) 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 EMIF — 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
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 47.80 | NEUTRAL |
| Stochastic %K (14) | 67.53 | NEUTRAL |
| CCI (20) | -10.46 | NEUTRAL |
| Williams %R (14) | -32.47 | NEUTRAL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | 2.03 | BUY |
| Momentum (10) | 0.53 | BUY |
| EMA (10) | 26.67 | SELL |
| SMA (10) | 26.68 | SELL |
| EMA (20) | 26.68 | SELL |
| SMA (20) | 26.65 | SELL |
| EMA (30) | 26.68 | SELL |
| SMA (30) | 26.89 | SELL |
| EMA (50) | 26.65 | SELL |
| SMA (50) | 26.72 | SELL |
| EMA (100) | 26.66 | SELL |
| SMA (100) | 26.37 | BUY |
| EMA (200) | 27.04 | SELL |
| SMA (200) | 27.27 | SELL |
About iShares Emerging Markets Infrastructure ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 45 |
| ⏱ 15-Min | NEUTRAL | 24 |
| ⏲ 5-Min | BEARISH | 74 |
Momentum & Volume
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.
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.