MXZMXETF / FundEmpower Global Bond Fund
Verdicts genuinely change. Free email alert the moment MXZMX'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.
Empower Global Bond Fund · EMPOWER FUNDS, INC.
934 holdings
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 195% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 101.41% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 92% turns out to be. Matching more holdings can only raise this share, never lower it.
39.69% of that is conventional interest-bearing debt, 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.
934 holdings, 382 matched (53% of weight). Portfolio as of 2026-03-31, filed 2026-08-27. Source: SEC Form N-PORT.
11.19% of this portfolio’s income is non-permissible — weighted across holdings, computed over 12% of portfolio weight (144 of 934 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.
All holdings (934) · showing 1–250
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 6.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Notes | NON_COMPLIANT | 5.01% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 4.83% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Federal National Mortgage Association | NON_COMPLIANT | 3.40% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 2.79% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 2.33% | no in-house ratios for this holding |
| Germany (Federal Republic Of) | UNSCREENED | 2.01% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.97% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 1.87% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 1.85% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Colombia (Republic Of) | UNSCREENED | 1.64% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.62% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.61% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 1.57% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| United States Treasury Bonds | NON_COMPLIANT | 1.55% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 1.53% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| United States Treasury Notes | NON_COMPLIANT | 1.50% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.47% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 1.46% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Japan (Government Of) | UNSCREENED | 1.46% | no in-house ratios for this holding |
| Italy (Republic Of) | UNSCREENED | 1.35% | no in-house ratios for this holding |
| HSBC SECURITIES INC | UNSCREENED | 1.31% | no in-house ratios for this holding |
| Korea (Republic Of) | UNSCREENED | 1.29% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 1.25% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Ministerio de Hacienda y Credito Publico | UNSCREENED | 1.19% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 1.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Notes | NON_COMPLIANT | 1.15% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.11% | no in-house ratios for this holding |
| United Kingdom of Great Britain and Northern Ireland | UNSCREENED | 1.07% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.07% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.06% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 1.04% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.98% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.97% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Poland (Republic of) | UNSCREENED | 0.97% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.97% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.96% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BARCLAYS BANK INTL | UNSCREENED | 0.92% | no in-house ratios for this holding |
| United Kingdom of Great Britain and Northern Ireland | UNSCREENED | 0.90% | no in-house ratios for this holding |
| RBC CAPITAL MARKETS | UNSCREENED | 0.89% | no in-house ratios for this holding |
| ACA.PA CREDIT AGRICOLE | NON_COMPLIANT | 0.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Notes | NON_COMPLIANT | 0.86% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.86% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.81% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.81% | no in-house ratios for this holding |
| Germany (Federal Republic Of) | UNSCREENED | 0.80% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN | UNSCREENED | 0.78% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.78% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| STATE STREET BANK | UNSCREENED | 0.77% | no in-house ratios for this holding |
| China (People's Republic Of) | UNSCREENED | 0.77% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.76% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Notes | NON_COMPLIANT | 0.73% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.72% | no in-house ratios for this holding |
| Eagle Funding Luxco S.a.r.l. | UNSCREENED | 0.71% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.70% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.69% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.69% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BARCLAYS BANK INTL | UNSCREENED | 0.67% | no in-house ratios for this holding |
| Chile (Republic Of) | UNSCREENED | 0.64% | no in-house ratios for this holding |
| HSBC SECURITIES INC | UNSCREENED | 0.63% | no in-house ratios for this holding |
| Mexico (United Mexican States) | UNSCREENED | 0.63% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.61% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Japan (Government Of) | UNSCREENED | 0.61% | no in-house ratios for this holding |
| Eagle Funding Luxco S.a.r.l. | UNSCREENED | 0.60% | no in-house ratios for this holding |
| UBS INVESTMENT BANK | UNSCREENED | 0.59% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.59% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Japan (Government Of) | UNSCREENED | 0.59% | no in-house ratios for this holding |
| SKANDINAVISKA ENSKILDA | UNSCREENED | 0.59% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.58% | no in-house ratios for this holding |
| Mexico (United Mexican States) | UNSCREENED | 0.57% | no in-house ratios for this holding |
| United States Treasury Bonds | NON_COMPLIANT | 0.57% | no in-house ratios for this holding |
| UBS INVESTMENT BANK | UNSCREENED | 0.56% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.56% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.55% | no in-house ratios for this holding |
| Japan (Government Of) | UNSCREENED | 0.54% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Notes | NON_COMPLIANT | 0.53% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.52% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.52% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.51% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.51% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Petroleos Mexicanos Sa De CV | UNSCREENED | 0.51% | no in-house ratios for this holding |
| United States Treasury Bonds | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.50% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| RBC CAPITAL MARKETS | UNSCREENED | 0.50% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.49% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.49% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.49% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| JP MORGAN SECURITIES INC | UNSCREENED | 0.49% | no in-house ratios for this holding |
| UBS INVESTMENT BANK | UNSCREENED | 0.49% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.49% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.48% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.48% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Poland (Republic of) | UNSCREENED | 0.48% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.48% | no in-house ratios for this holding |
| SKANDINAVISKA ENSKILDA | UNSCREENED | 0.48% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.48% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Petroleos Mexicanos Sa De CV | UNSCREENED | 0.48% | no in-house ratios for this holding |
| SKANDINAVISKA ENSKILDA | UNSCREENED | 0.48% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.47% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.47% | no in-house ratios for this holding |
| HSBC SECURITIES INC | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Spain (Kingdom of) | UNSCREENED | 0.47% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Mexico (United Mexican States) | UNSCREENED | 0.46% | no in-house ratios for this holding |
| STATE STREET BANK | UNSCREENED | 0.46% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United Kingdom of Great Britain and Northern Ireland | UNSCREENED | 0.44% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.44% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| Treasury Corporation of Victoria | UNSCREENED | 0.44% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.44% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.44% | no in-house ratios for this holding |
| United States Treasury Bonds | NON_COMPLIANT | 0.43% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.43% | no in-house ratios for this holding |
| Caterpillar Financial Services Corp. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Spain (Kingdom of) | UNSCREENED | 0.42% | no in-house ratios for this holding |
| China (People's Republic Of) | UNSCREENED | 0.42% | no in-house ratios for this holding |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Spain (Kingdom of) | UNSCREENED | 0.41% | no in-house ratios for this holding |
| Japan (Government Of) | UNSCREENED | 0.41% | no in-house ratios for this holding |
| STANDRD CHARTERED BANK | UNSCREENED | 0.41% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.40% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| Peru (Republic Of) | UNSCREENED | 0.40% | no in-house ratios for this holding |
| France (Republic Of) | UNSCREENED | 0.39% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.39% | no in-house ratios for this holding |
| European Union | UNSCREENED | 0.39% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.38% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Japan (Government Of) | UNSCREENED | 0.38% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.37% | no in-house ratios for this holding |
| Japan (Government Of) | UNSCREENED | 0.37% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BROWN BROTHERS HARRIMAN | UNSCREENED | 0.36% | no in-house ratios for this holding |
| JP MORGAN SECURITIES INC | UNSCREENED | 0.36% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.36% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Japan (Government Of) | UNSCREENED | 0.36% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.35% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Romania (Republic Of) | UNSCREENED | 0.35% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.35% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| BARCLAYS BANK INTL | UNSCREENED | 0.35% | no in-house ratios for this holding |
| RBC CAPITAL MARKETS | UNSCREENED | 0.35% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.34% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.34% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Mexico (United Mexican States) | UNSCREENED | 0.34% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.33% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| WELLS FARGO BANK NA | UNSCREENED | 0.33% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.32% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| HSBC SECURITIES INC | UNSCREENED | 0.32% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.32% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.32% | no in-house ratios for this holding |
| United Kingdom of Great Britain and Northern Ireland | UNSCREENED | 0.32% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.32% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| Iceland (Republic Of) | UNSCREENED | 0.32% | no in-house ratios for this holding |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Germany (Federal Republic Of) | UNSCREENED | 0.31% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.31% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| UBS INVESTMENT BANK | UNSCREENED | 0.31% | no in-house ratios for this holding |
| Germany (Federal Republic Of) | UNSCREENED | 0.30% | no in-house ratios for this holding |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| United States Treasury Bonds | NON_COMPLIANT | 0.30% | no in-house ratios for this holding |
| Romania (Republic Of) | UNSCREENED | 0.30% | no in-house ratios for this holding |
| JP MORGAN SECURITIES INC | UNSCREENED | 0.29% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.29% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Germany (Federal Republic Of) | UNSCREENED | 0.29% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.29% | no in-house ratios for this holding |
| UBS INVESTMENT BANK | UNSCREENED | 0.29% | no in-house ratios for this holding |
| Thailand (Kingdom Of) | UNSCREENED | 0.28% | no in-house ratios for this holding |
| United Kingdom of Great Britain and Northern Ireland | UNSCREENED | 0.28% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.28% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.28% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Japan (Government Of) | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Austria (Republic of) | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Italy (Republic Of) | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Germany (Federal Republic Of) | UNSCREENED | 0.27% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.27% | no in-house ratios for this holding |
| SAN.MC Banco Santander SA | NON_COMPLIANT | 0.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Mexico (United Mexican States) | UNSCREENED | 0.27% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.27% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Petroleos Mexicanos Sa De CV | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Australia (Commonwealth of) | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Iceland (Republic Of) | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Switzerland (Government Of) | UNSCREENED | 0.26% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.26% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BARCLAYS BANK INTL | UNSCREENED | 0.25% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| Toyota Motor Finance (Netherlands) B.V. | UNSCREENED | 0.25% | no in-house ratios for this holding |
| Germany (Federal Republic Of) | UNSCREENED | 0.25% | no in-house ratios for this holding |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| France (Republic Of) | UNSCREENED | 0.25% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| JP MORGAN SECURITIES INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| SYK Stryker Corporation | COMPLIANT | 0.25% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| BARCLAYS BANK INTL | UNSCREENED | 0.25% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.25% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.25% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| HSBC SECURITIES INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| HSBC SECURITIES INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.25% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.25% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.25% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| BARCLAYS BANK INTL | UNSCREENED | 0.25% | no in-house ratios for this holding |
| United States Treasury Notes | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.25% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.25% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| HSBC SECURITIES INC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.24% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.24% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.24% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Mexico (United Mexican States) | UNSCREENED | 0.24% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.24% | no in-house ratios for this holding |
| Sierra Pacific Power Company | UNSCREENED | 0.24% | no in-house ratios for this holding |
| BAC BANK OF AMERICA | NON_COMPLIANT | 0.24% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| Avolon Holdings Funding Ltd. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.24% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| CITIGROUP GLOBAL MARKETS | UNSCREENED | 0.24% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.24% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| ROYAL BANK OF SCOTLAND | UNSCREENED | 0.23% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.23% | no in-house ratios for this holding |
| MS Morgan Stanley | NON_COMPLIANT | 0.23% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WELLS FARGO BANK NA | UNSCREENED | 0.22% | no in-house ratios for this holding |
| STATE STREET BANK | UNSCREENED | 0.22% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.22% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| GOOG Alphabet Inc. | QUESTIONABLE | 0.22% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| HSBC SECURITIES INC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Romania (Republic Of) | UNSCREENED | 0.21% | no in-house ratios for this holding |
| UBS INVESTMENT BANK | UNSCREENED | 0.21% | no in-house ratios for this holding |
| 8306.T Mitsubishi UFJ Financial Group Inc. | NON_COMPLIANT | 0.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Germany (Federal Republic Of) | UNSCREENED | 0.21% | no in-house ratios for this holding |
| DATABANK ISSUER II LLC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Netherlands (Kingdom Of) | UNSCREENED | 0.21% | no in-house ratios for this holding |
| DBK.DE DEUTSCHE BANK | NON_COMPLIANT | 0.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Wintershall Dea Finance 2 B.V. | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Switzerland (Government Of) | UNSCREENED | 0.21% | no in-house ratios for this holding |
| BARCLAYS BANK INTL | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.21% | no in-house ratios for this holding |
| BPCE SA | UNSCREENED | 0.21% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.21% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| Italy (Republic Of) | UNSCREENED | 0.21% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.20% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| Thailand (Kingdom Of) | UNSCREENED | 0.20% | no in-house ratios for this holding |
| TD TORONTO DOMINION BANK | NON_COMPLIANT | 0.20% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Malaysia (Government Of) | UNSCREENED | 0.20% | no in-house ratios for this holding |
| ABI.BR Anheuser-Busch Inbev SA/NV | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.20% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
The published standards disagree about this fund by 1 points of portfolio weight — 2.7% of it passes Dow Jones Islamic, 1.7% 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 2.0% ratios fail on 61.4% 131.5% not rated under AAOIFI
ratios pass on 1.9% ratios fail on 43.0% 150.0% not rated under Usmani
ratios pass on 2.7% ratios fail on 60.4% 131.8% not rated under Dow Jones Islamic
ratios pass on 2.2% ratios fail on 60.9% 131.8% not rated under S&P Shariah
ratios pass on 1.7% ratios fail on 42.9% 150.3% not rated under MSCI Islamic
ratios pass on 2.2% ratios fail on 60.9% 131.8% not rated under MSCI Islamic M-Series
ratios pass on 2.1% ratios fail on 42.7% 150.1% not rated under FTSE Shariah
63 of 934 listed holdings carry our own per-methodology verdicts (64% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (43% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| DBK.DE DEUTSCHE BANK | 6.35% |
| United States Treasury Notes | 5.01% |
| GS GOLDMAN SACHS GROUP INC | 4.83% |
| Federal National Mortgage Association | 3.40% |
| United States Treasury Notes | 2.33% |
| United States Treasury Notes | 1.97% |
| MS MORGAN STANLEY | 1.87% |
| GS GOLDMAN SACHS GROUP INC | 1.85% |
| United States Treasury Notes | 1.62% |
| United States Treasury Notes | 1.61% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Empower Global Bond Fund (MXZMX) 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.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| DBK.DEDEUTSCHE BANK | 6.35% | Non-compliant |
| United States Treasury Notesnot matched to a ticker | 5.01% | Non-compliant |
| GSGOLDMAN SACHS GROUP INC | 4.83% | Non-compliant |
| Federal National Mortgage Associationnot matched to a ticker | 3.40% | Non-compliant |
| CITIGROUP GLOBAL MARKETSnot matched to a ticker | 2.79% | Not screened |
| United States Treasury Notesnot matched to a ticker | 2.33% | Non-compliant |
| Germany (Federal Republic Of)not matched to a ticker | 2.01% | Not screened |
| United States Treasury Notesnot matched to a ticker | 1.97% | Non-compliant |
| MSMORGAN STANLEY | 1.87% | Non-compliant |
| GSGOLDMAN SACHS GROUP INC | 1.85% | Non-compliant |
Top 10 of 934 holdings, 32.4% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- DBK.DEnon-compliant6.35%
- United States Treasury Notesnon-compliant5.01%
- GSnon-compliant4.83%
- Federal National Mortgage Associationnon-compliant3.40%
- CITIGROUP GLOBAL MARKETSnot screened2.79%
- United States Treasury Notesnon-compliant2.33%
What changed, and when
Verdict history for MXZMX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for MXZMX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
Tracked since 2026-09-07.
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This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 61.40 | NEUTRAL |
| Stochastic %K (14) | 87.50 | SELL |
| CCI (20) | 126.19 | SELL |
| Williams %R (14) | -12.50 | SELL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | 0.53 | BUY |
| Momentum (10) | 0.04 | BUY |
| EMA (10) | 7.58 | BUY |
| SMA (10) | 7.58 | BUY |
| EMA (20) | 7.56 | BUY |
| SMA (20) | 7.55 | BUY |
| EMA (30) | 7.56 | BUY |
| SMA (30) | 7.53 | BUY |
| EMA (50) | 7.57 | BUY |
| SMA (50) | 7.56 | BUY |
| EMA (100) | 7.61 | SELL |
| SMA (100) | 7.62 | SELL |
| EMA (200) | 7.68 | SELL |
| SMA (200) | 7.70 | SELL |
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.
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.
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.