MLRGETF / FundiShares Morningstar U.S. Equity ETF
Verdicts genuinely change. Free email alert the moment MLRG's does — no target price to set, unlike "Alert" above.
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.
iShares Morningstar U.S. Equity ETF ETF · iShares Trust
531 holdings · as of 2026-07-31 (2.8 months ago)
NON-COMPLIANT 22.79% of portfolio weight is in non-compliant holdings, over the 5% threshold.
531 holdings, 504 matched (97% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
1.55% of this portfolio’s income is non-permissible — weighted across holdings, computed over 91% of portfolio weight (471 of 531 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.
54.6% compliant 19.5% questionable 22.7% non-compliant 3.2% unscreened
All holdings (531) · showing 501–531
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TRMB TRIMBLE INC | COMPLIANT | 0.02% | AAOIFI10.6% Usmani17.1% Dow Jones Islamic8.8% S&P Shariah9.4% MSCI Islamic17.1% MSCI Islamic M-Series9.4% FTSE Shariah17.1% |
| IONQ IONQ INC | NON_COMPLIANT | 0.02% | AAOIFI0.3% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic0.8% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| FNF FIDELITY NATIONAL FINANCIAL INC | NON_COMPLIANT | 0.02% | AAOIFI35.7% Usmani3.8% Dow Jones Islamic29.8% S&P Shariah31.6% MSCI Islamic3.8% MSCI Islamic M-Series31.6% FTSE Shariah3.8% |
| TYL TYLER TECHNOLOGIES INC | COMPLIANT | 0.02% | AAOIFI9.8% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.2% MSCI Islamic25.0% MSCI Islamic M-Series7.2% FTSE Shariah24.2% |
| NXT NEXTPOWER INC | COMPLIANT | 0.02% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| DKS DICKS SPORTING GOODS INC | NON_COMPLIANT | 0.02% | AAOIFI48.9% Usmani33.2% Dow Jones Islamic33.0% S&P Shariah35.5% MSCI Islamic33.2% MSCI Islamic M-Series35.5% FTSE Shariah0.0% |
| RIVN RIVIAN AUTOMOTIVE INC | NON_COMPLIANT | 0.02% | AAOIFI22.4% Usmani35.4% Dow Jones Islamic25.5% S&P Shariah24.9% MSCI Islamic34.7% MSCI Islamic M-Series24.9% FTSE Shariah29.4% |
| SGI SOMNIGROUP INTERNATIONAL INC | NON_COMPLIANT | 0.02% | AAOIFI39.9% Usmani55.2% Dow Jones Islamic45.0% S&P Shariah52.4% MSCI Islamic55.2% MSCI Islamic M-Series52.4% FTSE Shariah38.0% |
| ROL ROLLINS INC | COMPLIANT | 0.02% | AAOIFI6.5% Usmani33.2% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic33.2% MSCI Islamic M-Series4.7% FTSE Shariah21.0% |
| CHTR CHARTER COMMUNICATIONS INC | NON_COMPLIANT | 0.02% | AAOIFI353.0% Usmani60.4% Dow Jones Islamic125.9% S&P Shariah116.4% MSCI Islamic60.4% MSCI Islamic M-Series116.4% FTSE Shariah60.4% |
| LULU LULULEMON ATHLETICA INC | COMPLIANT | 0.02% | AAOIFI17.9% Usmani25.2% Dow Jones Islamic8.2% S&P Shariah6.5% MSCI Islamic25.2% MSCI Islamic M-Series6.5% FTSE Shariah0.0% |
| TTMI TTM TECHNOLOGIES INC | COMPLIANT | 0.02% | AAOIFI8.2% Usmani25.0% Dow Jones Islamic15.5% S&P Shariah20.8% MSCI Islamic24.6% MSCI Islamic M-Series20.8% FTSE Shariah22.0% |
| FOX FOX CORP | NON_COMPLIANT | 0.02% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| ECHO ECHOSTAR CORP | NON_COMPLIANT | 0.02% | AAOIFI70.1% Usmani44.9% Dow Jones Islamic89.9% S&P Shariah120.2% MSCI Islamic44.6% MSCI Islamic M-Series120.2% FTSE Shariah44.2% |
| AA ALCOA CORP | COMPLIANT | 0.02% | AAOIFI16.9% Usmani13.2% Dow Jones Islamic24.5% S&P Shariah28.1% MSCI Islamic13.2% MSCI Islamic M-Series28.1% FTSE Shariah13.2% |
| CSGP COSTAR GROUP INC | QUESTIONABLE | 0.02% | AAOIFI9.1% Usmani11.4% Dow Jones Islamic4.2% S&P Shariah3.9% MSCI Islamic11.3% MSCI Islamic M-Series3.9% FTSE Shariah9.8% |
| TKO TKO GROUP HOLDINGS INC | NON_COMPLIANT | 0.02% | AAOIFI12.7% Usmani30.5% Dow Jones Islamic14.3% S&P Shariah17.0% MSCI Islamic28.8% MSCI Islamic M-Series17.0% FTSE Shariah28.5% |
| RKT ROCKET COMPANIES INC | NON_COMPLIANT | 0.02% | AAOIFI27.1% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah26.9% MSCI Islamic17.7% MSCI Islamic M-Series26.9% FTSE Shariah17.7% |
| CRCL CIRCLE INTERNET GROUP INC | NON_COMPLIANT | 0.02% | AAOIFI0.1% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| WSO WATSCO INC | COMPLIANT | 0.02% | AAOIFI7.1% Usmani17.8% Dow Jones Islamic5.3% S&P Shariah5.4% MSCI Islamic17.6% MSCI Islamic M-Series5.4% FTSE Shariah9.6% |
| NWS NEWS CORP | QUESTIONABLE | 0.02% | AAOIFI17.0% Usmani18.8% Dow Jones Islamic17.4% S&P Shariah18.5% MSCI Islamic18.8% MSCI Islamic M-Series18.5% FTSE Shariah12.8% |
| MDLN MEDLINE INC | NON_COMPLIANT | 0.02% | AAOIFI26.9% Usmani32.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic32.1% MSCI Islamic M-Seriespass FTSE Shariah32.0% |
| CARLYLE GROUP INC (THE) | UNSCREENED | 0.02% | no in-house ratios for this holding |
| FOX FOX CORP | NON_COMPLIANT | 0.01% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| AMKR AMKOR TECHNOLOGY INC | COMPLIANT | 0.01% | AAOIFI12.6% Usmani19.6% Dow Jones Islamic16.4% S&P Shariah17.6% MSCI Islamic18.0% MSCI Islamic M-Series17.6% FTSE Shariah17.2% |
| NWS NEWS CORP | QUESTIONABLE | 0.00% | AAOIFI17.0% Usmani18.8% Dow Jones Islamic17.4% S&P Shariah18.5% MSCI Islamic18.8% MSCI Islamic M-Series18.5% FTSE Shariah12.8% |
| FWONA LIBERTY MEDIA CORP | NON_COMPLIANT | 0.00% | AAOIFI20.6% Usmani31.0% Dow Jones Islamic23.0% S&P Shariah25.2% MSCI Islamic31.0% MSCI Islamic M-Series25.2% FTSE Shariah31.0% |
| SUMMIT THERAPEUTICS INC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| LEN LENNAR CORP | NON_COMPLIANT | 0.00% | AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4% |
| CHICAGO MERCANTILE EXCHANGE | UNSCREENED | 0.00% | no in-house ratios for this holding |
| HOLOGIC INC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 77.4% of it passes AAOIFI, 54.0% 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 77.4% ratios fail on 15.3% 7.5% not rated under AAOIFI
ratios pass on 63.7% ratios fail on 25.0% 11.4% not rated under Usmani
ratios pass on 76.0% ratios fail on 16.2% 8.0% not rated under Dow Jones Islamic
ratios pass on 75.6% ratios fail on 16.6% 8.1% not rated under S&P Shariah
ratios pass on 54.0% ratios fail on 30.0% 16.2% not rated under MSCI Islamic
ratios pass on 75.3% ratios fail on 16.9% 8.0% not rated under MSCI Islamic M-Series
ratios pass on 64.8% ratios fail on 24.6% 10.8% not rated under FTSE Shariah
497 of 531 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 484 (94% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BRK.B BERKSHIRE HATHAWAY INC | 1.45% |
| BAC BANK OF AMERICA CORP | 0.62% |
| GE GE AEROSPACE | 0.58% |
| UNH UNITEDHEALTH GROUP INC | 0.58% |
| GS GOLDMAN SACHS GROUP INC (THE) | 0.46% |
| PM PHILIP MORRIS INTERNATIONAL INC | 0.45% |
| RTX RTX CORP | 0.44% |
| WFC WELLS FARGO & COMPANY | 0.40% |
| MS MORGAN STANLEY | 0.39% |
| C CITIGROUP INC | 0.35% |
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.
iShares Morningstar U.S. Equity ETF (MLRG) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for MLRG — 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) | 42.50 | NEUTRAL |
| Stochastic %K (14) | 2.94 | BUY |
| CCI (20) | -126.25 | BUY |
| Williams %R (14) | -97.06 | BUY |
| MACD (12,26,9) | -0.23 | SELL |
| ROC (10) | -2.42 | SELL |
| Momentum (10) | -2.61 | SELL |
| EMA (10) | 106.43 | SELL |
| SMA (10) | 106.65 | SELL |
| EMA (20) | 106.56 | SELL |
| SMA (20) | 106.78 | SELL |
| EMA (30) | 106.47 | SELL |
| SMA (30) | 106.50 | SELL |
| EMA (50) | 106.06 | SELL |
| SMA (50) | 106.31 | SELL |
| EMA (100) | 104.49 | BUY |
| SMA (100) | 104.88 | BUY |
| EMA (200) | 100.69 | BUY |
| SMA (200) | 100.25 | BUY |
About iShares Morningstar U.S. Equity ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index represents approximately 85% of the free float-adjusted market capitalization in the U.S.
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 | BEARISH | 15 |
| 🕐 1H | NEUTRAL | 17 |
| ⏱ 15-Min | RANGING | 70 |
| ⏲ 5-Min | BEARISH | 211 |
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 2026-10-20 · Asset managers net 901377 (-14458)
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.