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.
Goldman Sachs International Tax-Managed Equity Fund · Goldman Sachs Trust
301 holdings · as of 2026-06-30 (2.6 months ago)
NON-COMPLIANT 42.59% of portfolio weight is in non-compliant holdings, over the 5% threshold.
301 holdings, 264 matched (91% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
5.34% of this portfolio’s income is non-permissible — weighted across holdings, computed over 74% of portfolio weight (220 of 301 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.
45.7% compliant 0.0% questionable 42.6% non-compliant 9.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MINERAL RESOURCES LTD | UNSCREENED | 0.02% | no in-house ratios for this holding |
| 6785.T SUZUKI COMPANY LTD | COMPLIANT | 0.02% | AAOIFI6.3% Usmani6.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic6.2% MSCI Islamic M-Seriesfail FTSE Shariah6.2% |
| 6I4.F ZAPTEC ASA | COMPLIANT | 0.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 6651.T NITTO KOGYO CORP | COMPLIANT | 0.02% | AAOIFI15.0% Usmani13.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic13.3% MSCI Islamic M-Seriesfail FTSE Shariah13.3% |
| 8387.T SHIKOKU BANK LTD (THE) | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7245.T DAIDO METAL COMPANY LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| KGF.L KINGFISHER PLC | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 8524.T NORTH PACIFIC BANK LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VIRI.PA VIRIDIEN SA | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WDS.AX WOODSIDE ENERGY GROUP LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6463.T TPR COMPANY LTD | NON_COMPLIANT | 0.02% | AAOIFI29.2% Usmani11.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic9.9% MSCI Islamic M-Seriesfail FTSE Shariah9.9% |
| 7014.T NAMURA SHIPBUILDING CO LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAN JU SAN FINANCIAL GROUP INC | UNSCREENED | 0.02% | no in-house ratios for this holding |
| GENUSPLUS GROUP LTD | UNSCREENED | 0.02% | no in-house ratios for this holding |
| NHF.AX NIB HOLDINGS LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8336.T MUSASHINO BANK LTD (THE) | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HOKUHOKU FINANCIAL GROUP INC | UNSCREENED | 0.02% | no in-house ratios for this holding |
| 7182.T JAPAN POST BANK CO LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1870.T YAHAGI CONSTRUCTION CO LTD | NON_COMPLIANT | 0.02% | AAOIFI33.1% Usmani20.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic20.9% MSCI Islamic M-Seriesfail FTSE Shariah20.9% |
| GEST.MC GESTAMP AUTOMOCION SA | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LXS.DE LANXESS AG | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7747.T ASAHI INTECC COMPANY LTD | COMPLIANT | 0.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 7003.T MITSUI E&S CO LTD | COMPLIANT | 0.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 8381.T SAN-IN GODO BANK LTD (THE) | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FIA1S.HE FINNAIR OYJ | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1SXP.DE SCHOTT PHARMA AG & CO. KGAA | COMPLIANT | 0.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1946.T TOENEC CORP | NON_COMPLIANT | 0.01% | AAOIFI40.9% Usmani39.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic26.8% MSCI Islamic M-Seriesfail FTSE Shariah26.8% |
| NVMI NOVA LTD | COMPLIANT | 0.01% | AAOIFI6.8% Usmani33.9% Dow Jones Islamic8.7% S&P Shariah10.3% MSCI Islamic33.9% MSCI Islamic M-Series10.3% FTSE Shariah31.0% |
| SAMCO INC | UNSCREENED | 0.01% | no in-house ratios for this holding |
| 4188.T MITSUBISHI CHEMICAL GROUP CORP | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| RENE.LS REN - REDES ENERGETICAS NACIONAIS SGPS SA | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7744.T NORITSU KOKI CO LTD | NON_COMPLIANT | 0.01% | AAOIFI16.0% Usmani12.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic11.1% MSCI Islamic M-Seriesfail FTSE Shariah11.1% |
| 3569.T SEIREN CO LTD | COMPLIANT | 0.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6302.T SUMITOMO HEAVY INDUSTRIES LTD | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| STAN.L STANDARD CHARTERED PLC | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHI.NZ CHANNEL INFRASTRUCTURE NZ LTD | COMPLIANT | 0.01% | AAOIFI22.4% Usmani24.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic24.8% MSCI Islamic M-Seriesfail FTSE Shariah24.8% |
| F3C.DE SFC ENERGY AG | COMPLIANT | 0.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| JVC KENWOOD CORP | UNSCREENED | 0.01% | no in-house ratios for this holding |
| 5019.T IDEMITSU KOSAN CO LTD | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| DOM.ST DOMETIC GROUP AB | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PAT.DE PATRIZIA SE | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Osaka Exchange,Inc | UNSCREENED | 0.01% | no in-house ratios for this holding |
| 9507.T SHIKOKU ELECTRIC POWER COMPANY INC | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CWC.DE CEWE STIFTUNG & CO. KGAA | COMPLIANT | 0.01% | AAOIFI6.1% Usmani11.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic5.6% MSCI Islamic M-Seriespass FTSE Shariah5.6% |
| CDI.PA CHRISTIAN DIOR SE | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TOA CORP (KOBE) | UNSCREENED | 0.01% | no in-house ratios for this holding |
| EUREX Clearing Aktiengesellschaft | UNSCREENED | 0.01% | no in-house ratios for this holding |
| ASX 24 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| HKFE Clearing Corporation Limited | UNSCREENED | 0.00% | no in-house ratios for this holding |
| ICE FUTURES EUROPE | UNSCREENED | 0.00% | no in-house ratios for this holding |
| S68.SI SINGAPORE EXCHANGE LIMITED | NON_COMPLIANT | 0.00% | AAOIFI2.5% Usmani15.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic14.9% MSCI Islamic M-Seriesfail FTSE Shariah14.9% |
The published standards disagree about this fund by 8 points of portfolio weight — 44.1% of it passes FTSE Shariah, 35.8% passes MSCI Islamic M-Series. 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 43.7% ratios fail on 41.7% 11.9% not rated under AAOIFI
ratios pass on 40.9% ratios fail on 42.8% 13.6% not rated under Usmani
ratios pass on 36.3% ratios fail on 45.4% 15.6% not rated under Dow Jones Islamic
ratios pass on 37.4% ratios fail on 44.4% 15.6% not rated under S&P Shariah
ratios pass on 37.7% ratios fail on 44.7% 14.9% not rated under MSCI Islamic
ratios pass on 35.8% ratios fail on 46.0% 15.6% not rated under MSCI Islamic M-Series
ratios pass on 44.1% ratios fail on 38.4% 14.9% not rated under FTSE Shariah
263 of 301 listed holdings carry our own per-methodology verdicts (88% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 46 (20% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| UCG.MI UNICREDIT SPA | 1.17% |
| SHEL SHELL PLC | 0.98% |
| NWG.L NATWEST GROUP PLC | 0.98% |
| LLOY.L LLOYDS BANKING GROUP PLC | 0.97% |
| CS.PA AXA SA | 0.95% |
| DTE.DE DEUTSCHE TELEKOM AG | 0.92% |
| UBSG.SW UBS GROUP AG | 0.92% |
| SPOT SPOTIFY TECHNOLOGY SA | 0.89% |
| BN.PA DANONE SA | 0.86% |
| NDA-FI.HE NORDEA BANK ABP | 0.82% |
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.
GCTMX (GCTMX) 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 GCTMX — 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) | 37.30 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -143.63 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.07 | SELL |
| ROC (10) | -2.26 | SELL |
| Momentum (10) | -0.42 | SELL |
| EMA (10) | 18.40 | BUY |
| SMA (10) | 18.47 | SELL |
| EMA (20) | 18.51 | SELL |
| SMA (20) | 18.60 | SELL |
| EMA (30) | 18.54 | SELL |
| SMA (30) | 18.68 | SELL |
| EMA (50) | 18.51 | SELL |
| SMA (50) | 18.52 | SELL |
| EMA (100) | 18.27 | BUY |
| SMA (100) | 18.35 | BUY |
| EMA (200) | 17.62 | BUY |
| SMA (200) | 17.75 | BUY |
The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in equity investments in non-U.S. issuers.
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 2026-09-08 · Asset managers net 912361 (-21819)
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.