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.
Invesco International Growth Focus ETF ETF · Invesco Actively Managed Exchange-Traded Fund Trust
61 holdings · as of 2026-04-30 (4.6 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.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 105% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 20.57% of portfolio weight is in non-compliant holdings, over the 5% threshold.
61 holdings, 53 matched (89% of weight). Portfolio as of 2026-04-30, filed 2026-06-26. Source: SEC Form N-PORT.
6.02% of this portfolio’s income is non-permissible — weighted across holdings, computed over 73% of portfolio weight (42 of 61 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.
69.8% compliant 0.0% questionable 19.6% non-compliant 10.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Co. Ltd. | COMPLIANT | 9.02% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| ASML.AS ASML Holding N.V. | COMPLIANT | 5.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SIEMENS.NS Siemens AG | COMPLIANT | 3.97% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Invesco Private Prime Fund | UNSCREENED | 3.79% | no in-house ratios for this holding |
| FERG Ferguson Enterprises Inc. | UNRATED | 3.43% | AAOIFI15.7% Usmani35.7% Dow Jones Islamic16.4% S&P Shariah17.1% MSCI Islamic35.7% MSCI Islamic M-Series17.1% FTSE Shariah25.4% |
| SU.PA Schneider Electric SE | COMPLIANT | 3.31% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BA.L BAE Systems PLC | NON_COMPLIANT | 2.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RELIANCE.NS Reliance Industries Ltd. | COMPLIANT | 2.72% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LONN.SW Lonza Group AG | COMPLIANT | 2.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HSBA.L HSBC Holdings PLC | NON_COMPLIANT | 2.65% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 2.62% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 0700.HK Tencent Holdings Ltd. | COMPLIANT | 2.41% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AZN AstraZeneca PLC | COMPLIANT | 2.41% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 000660.KS SK hynix Inc. | COMPLIANT | 2.40% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DIM.PA Sartorius Stedim Biotech S.A. | COMPLIANT | 2.39% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AIR.PA Airbus SE | NON_COMPLIANT | 2.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8306.T Mitsubishi Ufj Financial Group, Inc. | NON_COMPLIANT | 2.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6501.T Hitachi, Ltd. | COMPLIANT | 2.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 300750.SZ Contemporary Amperex Technology Co., Ltd. | COMPLIANT | 2.05% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BKNG Booking Holdings Inc. | COMPLIANT | 2.03% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GLE.PA Societe Generale | NON_COMPLIANT | 1.96% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Hoya Corp. | UNSCREENED | 1.76% | no in-house ratios for this holding |
| ICICIBANK.NS ICICI Bank Ltd. | NON_COMPLIANT | 1.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RMD ResMed Inc. | COMPLIANT | 1.64% | AAOIFI2.6% Usmani9.2% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic9.2% MSCI Islamic M-Series2.6% FTSE Shariah7.4% |
| 005930.KS Samsung Electronics Co., Ltd. | COMPLIANT | 1.63% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| ILMN Illumina, Inc. | COMPLIANT | 1.49% | AAOIFI1.6% Usmani8.1% Dow Jones Islamic2.7% S&P Shariah2.7% MSCI Islamic8.1% MSCI Islamic M-Series2.7% FTSE Shariah0.0% |
| Invesco Private Government Fund | UNSCREENED | 1.46% | no in-house ratios for this holding |
| TSCO.L Tesco PLC | NON_COMPLIANT | 1.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IMCD.AS IMCD N.V. | NON_COMPLIANT | 1.41% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 6861.T Keyence Corp. | COMPLIANT | 1.29% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| STMN.SW Straumann Holding AG | COMPLIANT | 1.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AIQUY Air Liquide S.A. | COMPLIANT | 1.10% | AAOIFI12.6% Usmani28.6% Dow Jones Islamic65.9% S&P Shariah67.2% MSCI Islamic26.2% MSCI Islamic M-Series67.2% FTSE Shariah26.2% |
| FBK.MI Finecobank Banca Fineco S.p.A. | NON_COMPLIANT | 1.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6857.T Advantest Corp. | COMPLIANT | 1.07% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| UMG.AS Universal Music Group N.V. | COMPLIANT | 1.06% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| Anheuser-Busch InBev S.A./N.V. | UNSCREENED | 1.05% | no in-house ratios for this holding |
| 8035.T Tokyo Electron Ltd. | COMPLIANT | 1.03% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| EPI-A.ST Epiroc AB | COMPLIANT | 1.03% | AAOIFI6.4% Usmani28.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic25.1% MSCI Islamic M-Seriespass FTSE Shariah25.1% |
| AU AngloGold Ashanti PLC | COMPLIANT | 1.02% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| DOL.TO Dollarama Inc. | COMPLIANT | 1.01% | AAOIFI11.7% Usmani108.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic71.4% MSCI Islamic M-Seriespass FTSE Shariah71.4% |
| NG.L National Grid PLC | NON_COMPLIANT | 1.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAN.MC Banco Santander S.A. | NON_COMPLIANT | 1.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MELI MercadoLibre, Inc. | COMPLIANT | 0.99% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| AC.MX Arca Continental, S.A.B. de C.V. | COMPLIANT | 0.96% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Invesco Premier U.S. Government Money Portfolio | UNSCREENED | 0.95% | no in-house ratios for this holding |
| SHOP Shopify Inc. | COMPLIANT | 0.92% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| RYAAY Ryanair Holdings PLC | COMPLIANT | 0.88% | AAOIFI9.6% Usmani15.3% Dow Jones Islamic3.6% S&P Shariah3.0% MSCI Islamic15.3% MSCI Islamic M-Series3.0% FTSE Shariah15.3% |
| RS1.L RS Group PLC | COMPLIANT | 0.88% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SAP SAP SE | COMPLIANT | 0.84% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| Orsted A/S | UNSCREENED | 0.83% | no in-house ratios for this holding |
| NOVO-B.CO Novo Nordisk A/S | COMPLIANT | 0.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1299.HK AIA Group Ltd. | NON_COMPLIANT | 0.82% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7011.T Mitsubishi Heavy Industries, Ltd. | COMPLIANT | 0.78% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Cie Financiere Richemont S.A. | UNSCREENED | 0.78% | no in-house ratios for this holding |
| SIKA.SW Sika AG | COMPLIANT | 0.74% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ARGX argenx SE | COMPLIANT | 0.73% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ARM ARM Holdings PLC | COMPLIANT | 0.65% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GALDY Galderma Group AG | COMPLIANT | 0.50% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Vinci S.A. | UNSCREENED | 0.50% | no in-house ratios for this holding |
| 7974.T Nintendo Co., Ltd. | COMPLIANT | 0.48% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 2026.HK Pony AI Inc. | NON_COMPLIANT | 0.35% | AAOIFI0.9% Usmani2.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic1.6% MSCI Islamic M-Series— FTSE Shariah1.6% |
The published standards disagree about this fund by 28 points of portfolio weight — 60.0% of it passes AAOIFI, 32.0% 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 60.0% ratios fail on 23.2% 21.9% not rated under AAOIFI
ratios pass on 33.6% ratios fail on 45.9% 25.6% not rated under Usmani
ratios pass on 57.0% ratios fail on 19.9% 28.1% not rated under Dow Jones Islamic
ratios pass on 57.0% ratios fail on 19.9% 28.1% not rated under S&P Shariah
ratios pass on 32.0% ratios fail on 47.7% 25.4% not rated under MSCI Islamic
ratios pass on 57.0% ratios fail on 19.9% 28.1% not rated under MSCI Islamic M-Series
ratios pass on 36.2% ratios fail on 40.0% 28.8% not rated under FTSE Shariah
53 of 61 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, 15 (28% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BA.L BAE Systems PLC | 2.72% |
| HSBA.L HSBC Holdings PLC | 2.65% |
| AIR.PA Airbus SE | 2.29% |
| 8306.T Mitsubishi Ufj Financial Group, Inc. | 2.20% |
| GLE.PA Societe Generale | 1.96% |
| ICICIBANK.NS ICICI Bank Ltd. | 1.64% |
| TSCO.L Tesco PLC | 1.42% |
| IMCD.AS IMCD N.V. | 1.41% |
| FBK.MI Finecobank Banca Fineco S.p.A. | 1.10% |
| NG.L National Grid PLC | 1.01% |
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.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
MTRA (MTRA) 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 MTRA — 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
Not enough completed daily bars to compute pivots.
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) | 44.30 | NEUTRAL |
| Stochastic %K (14) | 37.74 | NEUTRAL |
| CCI (20) | -70.79 | NEUTRAL |
| Williams %R (14) | -62.26 | NEUTRAL |
| MACD (12,26,9) | -0.10 | SELL |
| ROC (10) | -1.19 | SELL |
| Momentum (10) | -0.32 | SELL |
| EMA (10) | 26.40 | SELL |
| SMA (10) | 26.46 | SELL |
| EMA (20) | 26.62 | SELL |
| SMA (20) | 26.80 | SELL |
| EMA (30) | 26.70 | SELL |
| SMA (30) | 26.94 | SELL |
| EMA (50) | 26.71 | SELL |
| SMA (50) | 26.76 | SELL |
| EMA (100) | 26.55 | SELL |
| SMA (100) | 26.58 | SELL |
| EMA (200) | 26.31 | BUY |
| SMA (200) | 26.25 | BUY |
The fund seeks to achieve its investment objective by investing, under normal market conditions, primarily in the equity securities (as well as American depositary receipts (“ADRs”) and global depositary receipts (“GDRs”) that represent such securities) of growth companies that are domiciled or have their primary operations outside of the United States. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | 44 |
| ⏱ 15-Min | NEUTRAL | 17 |
| ⏲ 5-Min | BEARISH | 52 |
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.
Still fetching insider filings — 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.
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.