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 Focused Value Fund · Goldman Sachs Trust
34 holdings · as of 2025-08-31 (12.5 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.
NON-COMPLIANT 44.16% of portfolio weight is in non-compliant holdings, over the 5% threshold.
34 holdings, 33 matched (99% of weight). Portfolio as of 2025-08-31, filed 2025-10-21. Source: SEC Form N-PORT.
1.67% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (27 of 34 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.
44.0% compliant 10.7% questionable 44.2% non-compliant 0.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| XOM Exxon Mobil Corp | COMPLIANT | 5.29% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| BAC Bank of America Corp | NON_COMPLIANT | 4.35% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| COF Capital One Financial Corp | NON_COMPLIANT | 4.23% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| MS Morgan Stanley | NON_COMPLIANT | 4.09% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| JPM JPMorgan Chase & Co | NON_COMPLIANT | 4.05% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| HON Honeywell International Inc | NON_COMPLIANT | 4.00% | AAOIFI52.6% Usmani45.3% Dow Jones Islamic26.8% S&P Shariah27.3% MSCI Islamic45.2% MSCI Islamic M-Series27.3% FTSE Shariah43.9% |
| ABT Abbott Laboratories | COMPLIANT | 3.78% | AAOIFI19.2% Usmani31.9% Dow Jones Islamic17.6% S&P Shariah18.3% MSCI Islamic31.9% MSCI Islamic M-Series18.3% FTSE Shariah30.8% |
| APD Air Products and Chemicals Inc | COMPLIANT | 3.78% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| AEE Ameren Corp | NON_COMPLIANT | 3.77% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WMT Walmart Inc | QUESTIONABLE | 3.61% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| META Meta Platforms Inc | QUESTIONABLE | 3.55% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| AMZN Amazon.com Inc | QUESTIONABLE | 3.53% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| TMO Thermo Fisher Scientific Inc | COMPLIANT | 3.22% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| TRV Travelers Cos Inc/The | NON_COMPLIANT | 2.95% | AAOIFI11.8% Usmani6.3% Dow Jones Islamic14.9% S&P Shariah16.4% MSCI Islamic6.3% MSCI Islamic M-Series16.4% FTSE Shariah6.3% |
| TMUS T-Mobile US Inc | NON_COMPLIANT | 2.90% | AAOIFI18.0% Usmani17.5% Dow Jones Islamic14.6% S&P Shariah15.9% MSCI Islamic16.5% MSCI Islamic M-Series15.9% FTSE Shariah2.9% |
| KVUE Kenvue Inc | COMPLIANT | 2.90% | AAOIFI24.4% Usmani32.2% Dow Jones Islamic23.6% S&P Shariah24.1% MSCI Islamic32.2% MSCI Islamic M-Series24.1% FTSE Shariah31.7% |
| LOW Lowe's Cos Inc | NON_COMPLIANT | 2.83% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| JNJ Johnson & Johnson | COMPLIANT | 2.71% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| WWD Woodward Inc | COMPLIANT | 2.69% | AAOIFI3.6% Usmani14.9% Dow Jones Islamic4.9% S&P Shariah5.7% MSCI Islamic14.9% MSCI Islamic M-Series5.7% FTSE Shariah14.4% |
| NDAQ Nasdaq Inc | NON_COMPLIANT | 2.60% | AAOIFI17.2% Usmani34.1% Dow Jones Islamic19.3% S&P Shariah21.8% MSCI Islamic34.1% MSCI Islamic M-Series21.8% FTSE Shariah32.0% |
| TXN Texas Instruments Inc | COMPLIANT | 2.57% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| NEE NextEra Energy Inc | NON_COMPLIANT | 2.57% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| CRM Salesforce Inc | COMPLIANT | 2.47% | AAOIFI19.6% Usmani38.1% Dow Jones Islamic18.0% S&P Shariah17.7% MSCI Islamic38.1% MSCI Islamic M-Series17.7% FTSE Shariah35.8% |
| GEV GE Vernova Inc | COMPLIANT | 2.42% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| AVB AvalonBay Communities Inc | NON_COMPLIANT | 2.27% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| ROK Rockwell Automation Inc | COMPLIANT | 2.21% | AAOIFI6.1% Usmani26.4% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic26.4% MSCI Islamic M-Series8.1% FTSE Shariah23.2% |
| NVDA NVIDIA Corp | COMPLIANT | 2.16% | AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4% |
| SBUX Starbucks Corp | COMPLIANT | 2.15% | AAOIFI19.3% Usmani79.3% Dow Jones Islamic21.4% S&P Shariah22.1% MSCI Islamic79.3% MSCI Islamic M-Series22.1% FTSE Shariah46.9% |
| ODFL Old Dominion Freight Line Inc | COMPLIANT | 2.05% | AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3% |
| WFC Wells Fargo & Co | NON_COMPLIANT | 1.99% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| BSX Boston Scientific Corp | COMPLIANT | 1.93% | AAOIFI19.4% Usmani27.9% Dow Jones Islamic10.0% S&P Shariah10.9% MSCI Islamic27.9% MSCI Islamic M-Series10.9% FTSE Shariah27.9% |
| DT Dynatrace Inc | COMPLIANT | 1.69% | AAOIFI1.1% Usmani3.9% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic3.9% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| IP International Paper Co | NON_COMPLIANT | 1.55% | AAOIFI50.2% Usmani27.3% Dow Jones Islamic47.6% S&P Shariah55.5% MSCI Islamic27.1% MSCI Islamic M-Series55.5% FTSE Shariah25.2% |
| Goldman Sachs Financial Square Government Fund | UNSCREENED | 0.89% | no in-house ratios for this holding |
The published standards disagree about this fund by 20 points of portfolio weight — 63.3% of it passes Dow Jones Islamic, 43.3% 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 56.4% ratios fail on 38.7% 4.7% not rated under AAOIFI
ratios pass on 45.0% ratios fail on 37.2% 17.6% not rated under Usmani
ratios pass on 63.3% ratios fail on 29.6% 6.9% not rated under Dow Jones Islamic
ratios pass on 63.3% ratios fail on 29.6% 6.9% not rated under S&P Shariah
ratios pass on 43.3% ratios fail on 38.9% 17.6% not rated under MSCI Islamic
ratios pass on 63.3% ratios fail on 29.6% 6.9% not rated under MSCI Islamic M-Series
ratios pass on 47.6% ratios fail on 34.6% 17.6% not rated under FTSE Shariah
33 of 34 listed holdings carry our own per-methodology verdicts (99% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 31 (93% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BAC Bank of America Corp | 4.35% |
| COF Capital One Financial Corp | 4.23% |
| MS Morgan Stanley | 4.09% |
| JPM JPMorgan Chase & Co | 4.05% |
| HON Honeywell International Inc | 4.00% |
| AEE Ameren Corp | 3.77% |
| TRV Travelers Cos Inc/The | 2.95% |
| TMUS T-Mobile US Inc | 2.90% |
| LOW Lowe's Cos Inc | 2.83% |
| NDAQ Nasdaq Inc | 2.60% |
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.
GFVUX (GFVUX) 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 GFVUX — this runs off the critical path so the page paints first. It will appear here on its own.
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.