KEMQETF / FundKraneShares Emerging Markets Consumer Technology Index ETF
Verdicts genuinely change. Free email alert the moment KEMQ'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.
KraneShares Emerging Markets Consumer Technology Index ETF ETF · Krane Shares Trust
69 holdings · as of 2026-06-30 (4.3 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 41.03% of portfolio weight is in non-compliant holdings, over the 5% threshold.
69 holdings, 43 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
2.30% of this portfolio’s income is non-permissible — weighted across holdings, computed over 95% of portfolio weight (43 of 69 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.
52.6% compliant 0.0% questionable 41.0% non-compliant 5.1% unscreened
All holdings (69)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UMC United Microelectronics Corporation | COMPLIANT | 4.44% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SE SEA LIMITED | COMPLIANT | 3.91% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| 000660.KS SK hynix Inc. | COMPLIANT | 3.91% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1347.HK Hua Hong Grace Semiconductor Limited | COMPLIANT | 3.85% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MELI MercadoLibre, Inc. | COMPLIANT | 3.58% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| TSM Taiwan Semiconductor Manufacturing Company Limited | COMPLIANT | 3.54% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| NTES NETEASE, INC. | NON_COMPLIANT | 3.47% | AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2% |
| 5347.TWO Vanguard International Semiconductor Corporation | COMPLIANT | 3.29% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PDD PDD Holdings Inc. | NON_COMPLIANT | 3.11% | AAOIFI0.7% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.9% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| 2408.TW NANYA TECHNOLOGY CORPORATION | COMPLIANT | 3.10% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0700.HK Tencent Holdings Limited | COMPLIANT | 3.09% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 3690.HK MEITUAN | NON_COMPLIANT | 2.89% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MEESHO.NS Meesho Ltd | COMPLIANT | 2.82% | AAOIFI0.1% Usmani1.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.8% MSCI Islamic M-Seriespass FTSE Shariah0.8% |
| BABA Alibaba Group Holding Limited | COMPLIANT | 2.74% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 6770.TW Powerchip Semiconductor Manufacturing Corporation | COMPLIANT | 2.73% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CPNG COUPANG, INC. | COMPLIANT | 2.70% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| ETERNAL.NS Eternal Ltd | COMPLIANT | 2.69% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| POLICYBZR.NS PB Fintech Ltd | NON_COMPLIANT | 2.63% | AAOIFI0.4% Usmani8.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.1% MSCI Islamic M-Seriesfail FTSE Shariah4.1% |
| 9901.HK NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. | NON_COMPLIANT | 2.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DHER.DE Delivery Hero SE | NON_COMPLIANT | 2.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NPN.JO NASPERS LIMITED | NON_COMPLIANT | 2.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3659.T NEXON Co., Ltd. | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BIDU BAIDU, INC. | NON_COMPLIANT | 2.23% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| 1024.HK KUAISHOU TECHNOLOGY | NON_COMPLIANT | 2.15% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| JD JD.COM, INC. | NON_COMPLIANT | 2.11% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| 035720.KS Kakao Corp. | NON_COMPLIANT | 2.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3036.TW WT MICROELECTRONICS CO., LTD. | COMPLIANT | 2.09% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6618.HK JD Health International Inc | NON_COMPLIANT | 2.06% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TCOM TRIP.COM GROUP LIMITED | NON_COMPLIANT | 1.97% | AAOIFI15.9% Usmani11.8% Dow Jones Islamic11.5% S&P Shariah12.9% MSCI Islamic11.8% MSCI Islamic M-Series12.9% FTSE Shariah11.5% |
| 035420.KS NAVER Corporation | COMPLIANT | 1.90% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Mininglamp Technology | UNSCREENED | 0.85% | no in-house ratios for this holding |
| IDCC InterDigital, Inc. | COMPLIANT | 0.82% | AAOIFI4.6% Usmani18.3% Dow Jones Islamic6.0% S&P Shariah7.5% MSCI Islamic18.3% MSCI Islamic M-Series7.5% FTSE Shariah17.8% |
| PAYTM.NS ONE 97 COMMUNICATIONS LIMITED | NON_COMPLIANT | 0.80% | AAOIFI0.2% Usmani1.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.7% MSCI Islamic M-Seriesfail FTSE Shariah0.7% |
| TAL TAL EDUCATION GROUP | NON_COMPLIANT | 0.78% | AAOIFI6.5% Usmani6.5% Dow Jones Islamic19.2% S&P Shariah19.2% MSCI Islamic6.5% MSCI Islamic M-Series19.2% FTSE Shariah0.0% |
| WPG HOLDINGS LIMITED | UNSCREENED | 0.77% | no in-house ratios for this holding |
| VISERA TECHNOLOGIES COMPANY LTD. | UNSCREENED | 0.75% | no in-house ratios for this holding |
| NAUKRI.NS INFO EDGE (INDIA) LIMITED | NON_COMPLIANT | 0.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TALABAT.AE Talabat Holding PLC | COMPLIANT | 0.74% | AAOIFI2.0% Usmani18.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic9.4% MSCI Islamic M-Seriespass FTSE Shariah9.4% |
| 6531.TW AP Memory Technology Corp | NON_COMPLIANT | 0.73% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VIPS VIPSHOP HOLDINGS LIMITED | NON_COMPLIANT | 0.73% | AAOIFI82.8% Usmani8.2% Dow Jones Islamic61.0% S&P Shariah62.0% MSCI Islamic8.2% MSCI Islamic M-Series62.0% FTSE Shariah7.4% |
| International Games System Co Ltd | UNSCREENED | 0.71% | no in-house ratios for this holding |
| Presight Ai Holding Plc | UNSCREENED | 0.70% | no in-house ratios for this holding |
| 259960.KS KRAFTON, Inc. | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TME TENCENT MUSIC ENTERTAINMENT GROUP | NON_COMPLIANT | 0.69% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 0241.HK ALIBABA HEALTH INFORMATION TECHNOLOGY LIMITED | COMPLIANT | 0.66% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| WNC Corporation | UNSCREENED | 0.66% | no in-house ratios for this holding |
| BILI BILIBILI INC. | NON_COMPLIANT | 0.65% | AAOIFI121.1% Usmani19.9% Dow Jones Islamic12.7% S&P Shariah14.7% MSCI Islamic19.9% MSCI Islamic M-Series14.7% FTSE Shariah19.5% |
| 3105.TWO WIN SEMICONDUCTORS CORP. | NON_COMPLIANT | 0.63% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 9698.HK GDS HOLDINGS LIMITED | NON_COMPLIANT | 0.62% | AAOIFI100.6% Usmani70.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.4% MSCI Islamic M-Seriesfail FTSE Shariah59.4% |
| DB HiTek CO., LTD. | UNSCREENED | 0.61% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| OZON MKPAO | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 43 points of portfolio weight — 58.0% of it passes S&P Shariah, 15.2% 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 45.4% ratios fail on 43.1% 10.2% not rated under AAOIFI
ratios pass on 28.0% ratios fail on 51.1% 19.6% not rated under Usmani
ratios pass on 49.3% ratios fail on 33.3% 16.0% not rated under Dow Jones Islamic
ratios pass on 58.0% ratios fail on 24.7% 16.0% not rated under S&P Shariah
ratios pass on 15.2% ratios fail on 63.9% 19.6% not rated under MSCI Islamic
ratios pass on 44.8% ratios fail on 37.8% 16.0% not rated under MSCI Islamic M-Series
ratios pass on 28.0% ratios fail on 51.1% 19.6% not rated under FTSE Shariah
43 of 69 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (44% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| NTES NETEASE, INC. | 3.47% |
| PDD PDD Holdings Inc. | 3.11% |
| 3690.HK MEITUAN | 2.89% |
| POLICYBZR.NS PB Fintech Ltd | 2.63% |
| 9901.HK NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. | 2.38% |
| DHER.DE Delivery Hero SE | 2.32% |
| NPN.JO NASPERS LIMITED | 2.30% |
| 3659.T NEXON Co., Ltd. | 2.24% |
| BIDU BAIDU, INC. | 2.23% |
| 1024.HK KUAISHOU TECHNOLOGY | 2.15% |
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.
KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) 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.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for KEMQ — 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) | 43.20 | NEUTRAL |
| Stochastic %K (14) | 49.41 | NEUTRAL |
| CCI (20) | -24.10 | NEUTRAL |
| Williams %R (14) | -50.59 | NEUTRAL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 1.13 | BUY |
| Momentum (10) | 0.26 | BUY |
| EMA (10) | 23.18 | BUY |
| SMA (10) | 23.04 | BUY |
| EMA (20) | 23.48 | SELL |
| SMA (20) | 23.45 | SELL |
| EMA (30) | 23.79 | SELL |
| SMA (30) | 23.92 | SELL |
| EMA (50) | 24.23 | SELL |
| SMA (50) | 24.53 | SELL |
| EMA (100) | 24.69 | SELL |
| SMA (100) | 25.09 | SELL |
| EMA (200) | 24.79 | SELL |
| SMA (200) | 24.91 | SELL |
About KraneShares Emerging Markets Consumer Technology Index ETF
Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the publicly-traded or privately offered securities of emerging market internet and technology companies and other instruments that have economic characteristics similar to such securities. It invests primarily in the constituents of the underlying index or in instruments that have economic characteristics similar to those in the underlying index and, with respect to such investments, seeks to provide investment results that, before fees and expenses, track the performance of the underlying index.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | RANGING | 43 |
| ⏱ 15-Min | NEUTRAL | 26 |
| ⏲ 5-Min | BULLISH | 79 |
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.