US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
GE

GEM

ETF / Fund Goldman Sachs ActiveBeta Emerging Markets Equity ETF
$50.23
Open in terminal Compare
Alert
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 82% of portfolio weight covered
Fund look-through

Goldman Sachs ActiveBeta(R) Emerging Markets Equity ETF

764 holdings · as of 2026-05-31 (3.6 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 29.95% of portfolio weight is in non-compliant holdings, over the 5% threshold.

764 holdings, 561 matched (82% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.

Non-compliant holdingWeight
0939.HK CHINA CONSTRUCTION BANK CORP 0.71%
2317.TW HON HAI PRECISION INDUSTRY COMPANY LTD 0.51%
066570.KS LG ELECTRONICS INC 0.51%
HDFCBANK.NS HDFC BANK LTD 0.50%
ICICIBANK.NS ICICI BANK LTD 0.44%
ITUB3.SA ITAU UNIBANCO HOLDING SA 0.37%
OTP.BD OTP BANK NYRT 0.34%
PDD PDD HOLDINGS INC 0.34%
1398.HK INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE) 0.33%
VALE3.SA VALE SA 0.32%

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.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 95.7% aligned
VWAPPrice below VWAP ($50.98)
VolumeRelative volume 5.2× the 20-day average
Momentum10-day rate of change -1.6%

GEM (GEM) 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.

Market & analysts
Momentum (10d)
-1.6%
rate of change
SMC grade
C · 51
95.7% aligned
NON-COMPLIANT
Sharia compliance
C · 51
SMC grade — 95.7% timeframe alignment
-1.6%
Rate of change (10d)

🕌 In-house Compliance Research

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

54.0950.2746.4542.6338.812025-09-172026-03-182026-09-16

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

Support & Resistance
S3
49.75
S2
49.96
S1
50.09
PIVOT
50.30
R1
50.43
R2
50.64
R3
50.77

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
48.44 52.02
±3.57% from 50.23, made 2026-09-17 · resolves 2026-09-24
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 45861 forecast(s) are currently open and will be scored automatically when their horizon expires.

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
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
3 buy · 0 neutral · 9 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)44.30NEUTRAL
Stochastic %K (14)10.46BUY
CCI (20)-126.41BUY
Williams %R (14)-89.54BUY
MACD (12,26,9)-0.21SELL
ROC (10)-1.61SELL
Momentum (10)-0.82SELL
EMA (10)51.04SELL
SMA (10)51.40SELL
EMA (20)51.05SELL
SMA (20)51.24SELL
EMA (30)50.92SELL
SMA (30)50.98SELL
EMA (50)50.67SELL
SMA (50)50.30SELL
EMA (100)49.74BUY
SMA (100)50.52SELL
EMA (200)47.04BUY
SMA (200)47.30BUY

About GEM

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

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

Grade 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.

TimeframeBiasBars
📅 Daily BEARISH 42
⏰ 4H BEARISH 29
🕐 1H BEARISH 98
⏱ 15-Min BEARISH 130
⏲ 5-Min RANGING 234

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.

0.25
MACD (no fresh cross)

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 2026-09-08 · Asset managers net 912361 (-21819)

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.