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.
Mercer Core Fixed Income Fund · Mercer Funds
2,065 holdings · as of 2026-06-30 (2.6 months ago)
NON-COMPLIANT At least 61.76% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 34% turns out to be. Matching more holdings can only raise this share, never lower it.
48.16% of that is conventional interest-bearing debt — US Treasuries or agency mortgage paper — identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
2,065 holdings, 1,110 matched (65% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
7.28% of this portfolio’s income is non-permissible — weighted across holdings, computed over 11% of portfolio weight (324 of 2065 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.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| United States Treasury | NON_COMPLIANT | 1.77% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 1.33% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 1.14% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 1.10% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.81% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.75% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.74% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.73% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.68% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.63% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.59% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.58% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| State Street Global Advisors | UNSCREENED | 0.49% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.49% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.47% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.42% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.41% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.40% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.40% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.38% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.36% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.34% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 0.33% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| United States Treasury | NON_COMPLIANT | 0.32% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.32% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.31% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.31% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.31% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.31% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.30% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.30% | no in-house ratios for this holding |
| Harvest CLO | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.28% | no in-house ratios for this holding |
| CBAMR Ltd | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.27% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.26% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Freddie Mac | NON_COMPLIANT | 0.26% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| Balboa Bay Loan Funding Ltd | UNSCREENED | 0.25% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.24% | no in-house ratios for this holding |
| NGC Ltd | UNSCREENED | 0.24% | no in-house ratios for this holding |
| HONA HONEYWELL AEROSPACE INC | COMPLIANT | 0.24% | AAOIFI32.8% Usmani83.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic83.4% MSCI Islamic M-Seriespass FTSE Shariah81.8% |
| Government National Mortgage Association | NON_COMPLIANT | 0.24% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.23% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.22% | no in-house ratios for this holding |
| ICG Euro CLO | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.21% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.21% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.21% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.20% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.20% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.20% | no in-house ratios for this holding |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 0.20% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| Tricon Residential | UNSCREENED | 0.20% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.20% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Fannie Mae | NON_COMPLIANT | 0.19% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.19% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.19% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.19% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.18% | no in-house ratios for this holding |
| CIFC Funding Ltd | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Octagon 55 Ltd | UNSCREENED | 0.18% | no in-house ratios for this holding |
| UMBS, TBA | NON_COMPLIANT | 0.18% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.18% | no in-house ratios for this holding |
| JP Morgan Mortgage Trust | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Verizon Master Trust | UNSCREENED | 0.18% | no in-house ratios for this holding |
| HYUNDAI CAPITAL AMERICA | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Bank | UNSCREENED | 0.17% | no in-house ratios for this holding |
| FERG FERGUSON ENTERPRISES INC | UNRATED | 0.17% | AAOIFI15.7% Usmani35.7% Dow Jones Islamic16.4% S&P Shariah17.1% MSCI Islamic35.7% MSCI Islamic M-Series17.1% FTSE Shariah25.4% |
| GLENCORE FUNDING LLC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.17% | no in-house ratios for this holding |
| AERCAP IRELAND CAP/GLOBA | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Sequoia Mortgage Trust | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.17% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.17% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.17% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Fannie Mae | NON_COMPLIANT | 0.17% | no in-house ratios for this holding |
| Small Business Administration | UNSCREENED | 0.16% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| Dominos Pizza Master Issuer LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.15% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| United States Treasury | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| Wells Fargo Commercial Mortgage Trust | UNSCREENED | 0.15% | no in-house ratios for this holding |
| BENCHMARK Mortgage Trust | UNSCREENED | 0.15% | no in-house ratios for this holding |
| TRGP TARGA RESOURCES CORP | NON_COMPLIANT | 0.15% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| VIRGINIA POWER FUEL SEC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| AUGUSTA SPINCO CORPORATI | UNSCREENED | 0.15% | no in-house ratios for this holding |
| GM General Motors | NON_COMPLIANT | 0.15% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SPACE EXPLORATION TECH | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.15% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Government National Mortgage Association | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| BEIGNET INVESTOR LLC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| GENERAL MOTORS FINL CO | UNSCREENED | 0.15% | no in-house ratios for this holding |
| PUBLIC SERVICE COLORADO | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| Barings Euro CLO DAC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| UBSG.SW UBS GROUP AG | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Fannie Mae | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| BROOKFIELD FIN I UK PLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| HPS Loan Management Ltd | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Taco Bell Funding, LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| ING ING GROEP NV | NON_COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Government National Mortgage Association | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| BENCHMARK Mortgage Trust | UNSCREENED | 0.14% | no in-house ratios for this holding |
| CHARTER COMM OPT LLC/CAP | UNSCREENED | 0.14% | no in-house ratios for this holding |
| SUBWAY FUNDING LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.14% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| Santander Drive Auto Receivables Trust | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| AMSR Trust | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Jimmy Johns Funding, LLC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| GS Mortgage-Backed Securities Trust | UNSCREENED | 0.13% | no in-house ratios for this holding |
| LLOY.L LLOYDS BANKING GROUP PLC | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| CMI CUMMINS INC | COMPLIANT | 0.13% | AAOIFI9.7% Usmani21.0% Dow Jones Islamic12.1% S&P Shariah14.2% MSCI Islamic21.0% MSCI Islamic M-Series14.2% FTSE Shariah19.3% |
| Wells Fargo Commercial Mortgage Trust | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| Benefit Street Partners CLO Ltd | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Eldridge CLO Ltd | UNSCREENED | 0.13% | no in-house ratios for this holding |
| BENCHMARK Mortgage Trust | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| UMBS | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| Ocean Trails CLO | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Bank5 | UNSCREENED | 0.13% | no in-house ratios for this holding |
| DUKE ENERGY CAROLINAS | UNSCREENED | 0.13% | no in-house ratios for this holding |
| SBA TOWER TRUST | UNSCREENED | 0.13% | no in-house ratios for this holding |
| NXP BV/NXP FDG/NXP USA | UNSCREENED | 0.12% | no in-house ratios for this holding |
| MidOcean Credit CLO | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Morgan Stanley Capital I Trust | UNSCREENED | 0.12% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| PFS Financing Corp. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.12% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| ACGL ARCH CAPITAL GROUP LTD | NON_COMPLIANT | 0.12% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Bank5 | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| UMBS | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| PENSKE TRUCK LEASING/PTL | UNSCREENED | 0.12% | no in-house ratios for this holding |
| FREDDIE MAC DISCOUNT NT | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.12% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Freddie Mac | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| ATLAS WAREHOUSE LEND | UNSCREENED | 0.12% | no in-house ratios for this holding |
| FAIRFAX FINL HLDGS LTD | UNSCREENED | 0.12% | no in-house ratios for this holding |
| AMERICAN TOWER TRUST I | UNSCREENED | 0.12% | no in-house ratios for this holding |
| SLG Trust | UNSCREENED | 0.12% | no in-house ratios for this holding |
| BENCHMARK Mortgage Trust | UNSCREENED | 0.12% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.12% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| ENTERGY LOUISIANA LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Sequoia Mortgage Trust | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| Bank | UNSCREENED | 0.11% | no in-house ratios for this holding |
| NORTHWEST PIPELINE LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| BENCHMARK Mortgage Trust | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| FERGUSON FINANCE PLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| NYC Commercial Mortgage Trust | UNSCREENED | 0.11% | no in-house ratios for this holding |
| GLOBAL ATLANTIC FIN CO | UNSCREENED | 0.11% | no in-house ratios for this holding |
| STORE Master Funding LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Freddie Mac | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| ORCL ORACLE CORP | COMPLIANT | 0.11% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.11% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| CHPE LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| SOUTHERN CO GAS CAPITAL | UNSCREENED | 0.11% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.11% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| T AT&T INC | NON_COMPLIANT | 0.11% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
| CNH Equipment Trust | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Barclays Commercial Mortgage Securities LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| PG&E WILDFIRE RECOVERY | UNSCREENED | 0.11% | no in-house ratios for this holding |
| QTS ISSUER ABS II LLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| United States Treasury | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| DTE DTE ENERGY CO | NON_COMPLIANT | 0.11% | AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9% |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.11% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Small Business Administration Participation Certs | UNSCREENED | 0.11% | no in-house ratios for this holding |
| AKRBP.OL AKER BP ASA | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Santander Drive Auto Receivables Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| FLORIDA POWER & LIGHT CO | UNSCREENED | 0.10% | no in-house ratios for this holding |
| BURLINGTN NORTH SANTA FE | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Morgan Stanley Capital I Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| RTX RTX CORP | NON_COMPLIANT | 0.10% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| Government National Mortgage Association | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| BARC.L BARCLAYS PLC | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Government National Mortgage Association | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| ET ENERGY TRANSFER LP | NON_COMPLIANT | 0.10% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| Bank | UNSCREENED | 0.10% | no in-house ratios for this holding |
| AFL AFLAC INC | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TMUS T-MOBILE USA INC | NON_COMPLIANT | 0.10% | AAOIFI18.0% Usmani17.5% Dow Jones Islamic14.6% S&P Shariah15.9% MSCI Islamic16.5% MSCI Islamic M-Series15.9% FTSE Shariah2.9% |
| Freddie Mac | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| IMPERIAL BRANDS FIN PLC | UNSCREENED | 0.10% | no in-house ratios for this holding |
| SIXTH STREET LENDING PAR | UNSCREENED | 0.10% | no in-house ratios for this holding |
| NextGear Floorplan Master Owner Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| AVIATION CAPITAL GROUP | UNSCREENED | 0.10% | no in-house ratios for this holding |
| ES EVERSOURCE ENERGY | NON_COMPLIANT | 0.10% | AAOIFI108.8% Usmani45.9% Dow Jones Islamic122.9% S&P Shariah132.3% MSCI Islamic45.9% MSCI Islamic M-Series132.3% FTSE Shariah45.9% |
| Bank5 | UNSCREENED | 0.10% | no in-house ratios for this holding |
| FANG DIAMONDBACK ENERGY INC | COMPLIANT | 0.10% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| Freddie Mac | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.10% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Fannie Mae | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| R RYDER SYSTEM INC | NON_COMPLIANT | 0.10% | AAOIFI89.3% Usmani52.5% Dow Jones Islamic114.3% S&P Shariah129.2% MSCI Islamic52.5% MSCI Islamic M-Series129.2% FTSE Shariah46.3% |
| Regatta XII Funding Ltd. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| PFS Financing Corp. | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.10% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| C CITIGROUP INC | NON_COMPLIANT | 0.10% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| JPM JPMORGAN CHASE & CO | NON_COMPLIANT | 0.10% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| Fannie Mae | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| AMGN AMGEN INC | COMPLIANT | 0.10% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Government National Mortgage Association | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| Fannie Mae | NON_COMPLIANT | 0.10% | no in-house ratios for this holding |
| Capital One Multi-Asset Execution Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| T AT&T INC | NON_COMPLIANT | 0.10% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
All 7 published standards agree about this fund to within 0.5 points of portfolio weight.
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 2.9% ratios fail on 13.3% 83.3% not rated under AAOIFI
ratios pass on 2.9% ratios fail on 9.9% 86.7% not rated under Usmani
ratios pass on 3.3% ratios fail on 12.7% 83.5% not rated under Dow Jones Islamic
ratios pass on 3.0% ratios fail on 12.9% 83.7% not rated under S&P Shariah
ratios pass on 2.8% ratios fail on 9.9% 86.7% not rated under MSCI Islamic
ratios pass on 3.0% ratios fail on 13.0% 83.5% not rated under MSCI Islamic M-Series
ratios pass on 3.1% ratios fail on 9.5% 86.9% not rated under FTSE Shariah
195 of 2,065 listed holdings carry our own per-methodology verdicts (17% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 161 (14% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| United States Treasury | 1.77% |
| United States Treasury | 1.33% |
| United States Treasury | 1.14% |
| United States Treasury | 1.10% |
| United States Treasury | 0.81% |
| United States Treasury | 0.75% |
| United States Treasury | 0.74% |
| United States Treasury | 0.73% |
| United States Treasury | 0.68% |
| United States Treasury | 0.63% |
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.
MCFQX (MCFQX) 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 MCFQX — 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) | 38.10 | NEUTRAL |
| Stochastic %K (14) | 28.57 | NEUTRAL |
| CCI (20) | -78.08 | NEUTRAL |
| Williams %R (14) | -71.43 | NEUTRAL |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | -0.81 | SELL |
| Momentum (10) | -0.07 | SELL |
| EMA (10) | 8.63 | SELL |
| SMA (10) | 8.63 | SELL |
| EMA (20) | 8.66 | SELL |
| SMA (20) | 8.68 | SELL |
| EMA (30) | 8.68 | SELL |
| SMA (30) | 8.70 | SELL |
| EMA (50) | 8.72 | SELL |
| SMA (50) | 8.72 | SELL |
| EMA (100) | 8.77 | SELL |
| SMA (100) | 8.78 | SELL |
| EMA (200) | 8.82 | SELL |
| SMA (200) | 8.85 | SELL |
The fund invests principally in investment grade fixed income securities, including government securities, corporate bonds and securitized bonds such as mortgage and asset-backed securities. It also may invest in non-investment grade bonds (sometimes called high yield or junk bonds), non-U.S. dollar denominated bonds, bonds issued by issuers located in emerging capital markets. The fund manager maintains a duration within 20% of the duration of the Bloomberg U.S. Aggregate Bond Index.
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 2026-09-15 · Asset managers net 904684 (-7677)
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.