US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
NR

NRES

ETF / Fund Xtrackers RREEF Global Natural Resources ETF
$34.89
Open in terminal Compare
Alert
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 94% of portfolio weight covered
Fund look-through

Xtrackers RREEF Global Natural Resources ETF ETF · DBX ETF Trust

63 holdings · as of 2026-05-31 (3.6 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.

NON-COMPLIANT 37.51% of portfolio weight is in non-compliant holdings, over the 5% threshold.

63 holdings, 57 matched (94% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.

0.57% of this portfolio’s income is non-permissible — weighted across holdings, computed over 88% of portfolio weight (52 of 63 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.

56.0% compliant 0.0% questionable 37.5% non-compliant 5.9% unscreened

All holdings (63)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
NTR.TO NUTRIEN LTD NON_COMPLIANT 6.10% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
NEM NEWMONT CORP COMPLIANT 4.25% AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8%
TTE.PA TOTALENERGIES SE NON_COMPLIANT 3.66% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
SHEL SHELL PLC NON_COMPLIANT 3.35% AAOIFI38.4% Usmani20.4% Dow Jones Islamic17.6% S&P Shariah18.0% MSCI Islamic20.4% MSCI Islamic M-Series18.0% FTSE Shariah20.4%
GLEN.L GLENCORE PLC NON_COMPLIANT 2.97% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
SW SMURFIT WESTROCK PLC NON_COMPLIANT 2.96% AAOIFI61.2% Usmani31.3% Dow Jones Islamic62.7% S&P Shariah90.7% MSCI Islamic31.3% MSCI Islamic M-Series90.7% FTSE Shariah31.3%
XOM EXXON MOBIL CORP COMPLIANT 2.83% AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1%
AAL.L ANGLO AMERICAN PLC COMPLIANT 2.75% AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
KGC KINROSS GOLD CORP COMPLIANT 2.67% AAOIFI1.6% Usmani5.9% Dow Jones Islamic2.9% S&P Shariah3.8% MSCI Islamic5.9% MSCI Islamic M-Series3.8% FTSE Shariah5.9%
CTVA CORTEVA INC COMPLIANT 2.54% AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0%
CS.TO CAPSTONE COPPER CORP COMPLIANT 2.53% AAOIFI14.9% Usmani22.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic18.5% MSCI Islamic M-Seriespass FTSE Shariah18.5%
S32.AX SOUTH32 LTD COMPLIANT 2.22% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
SU SUNCOR ENERGY INC COMPLIANT 2.19% AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1%
AU ANGLOGOLD ASHANTI PLC COMPLIANT 2.07% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
ZIJMY ZIJIN MINING GROUP CO LTD COMPLIANT 2.07% AAOIFI18.1% Usmani32.2% Dow Jones Islamic1.4% S&P Shariah1.6% MSCI Islamic32.1% MSCI Islamic M-Series1.6% FTSE Shariah32.1%
CVE CENOVUS ENERGY INC COMPLIANT 2.06% AAOIFI13.4% Usmani17.3% Dow Jones Islamic23.2% S&P Shariah23.5% MSCI Islamic17.3% MSCI Islamic M-Series23.5% FTSE Shariah17.3%
GFI GOLD FIELDS LTD COMPLIANT 1.96% AAOIFI4.5% Usmani33.0% Dow Jones Islamic6.6% S&P Shariah8.0% MSCI Islamic33.0% MSCI Islamic M-Series8.0% FTSE Shariah33.0%
UPM-KYMMENE CORP UNSCREENED 1.87% no in-house ratios for this holding
CVX CHEVRON CORP COMPLIANT 1.81% AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1%
SUZB3.SA SUZANO SA NON_COMPLIANT 1.74% AAOIFI167.1% Usmani64.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic60.6% MSCI Islamic M-Seriesfail FTSE Shariah60.6%
JBS NV UNSCREENED 1.73% no in-house ratios for this holding
ALB ALBEMARLE CORP COMPLIANT 1.69% AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8%
ADM ARCHER DANIELS MIDLAND COMPANY COMPLIANT 1.69% AAOIFI21.9% Usmani16.7% Dow Jones Islamic31.3% S&P Shariah30.5% MSCI Islamic16.7% MSCI Islamic M-Series30.5% FTSE Shariah14.2%
STERV.HE STORA ENSO OYJ NON_COMPLIANT 1.69% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
RELIANCE.NS RELIANCE INDUSTRIES LTD COMPLIANT 1.66% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
RIO RIO TINTO PLC COMPLIANT 1.64% AAOIFI16.8% Usmani17.1% Dow Jones Islamic24.7% S&P Shariah26.4% MSCI Islamic17.1% MSCI Islamic M-Series26.4% FTSE Shariah17.1%
CNQ CANADIAN NATURAL RESOURCES LTD COMPLIANT 1.59% AAOIFI11.6% Usmani19.8% Dow Jones Islamic16.7% S&P Shariah17.2% MSCI Islamic18.1% MSCI Islamic M-Series17.2% FTSE Shariah18.1%
PKG PACKAGING CORP OF AMERICA COMPLIANT 1.59% AAOIFI20.8% Usmani40.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic39.9% MSCI Islamic M-Series0.2% FTSE Shariah36.0%
OVV OVINTIV INC COMPLIANT 1.58% AAOIFI27.8% Usmani26.1% Dow Jones Islamic41.7% S&P Shariah41.7% MSCI Islamic25.5% MSCI Islamic M-Series41.7% FTSE Shariah19.2%
BALL BALL CORP NON_COMPLIANT 1.53% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
FM.TO FIRST QUANTUM MINERALS LTD COMPLIANT 1.45% AAOIFI21.3% Usmani23.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.4% MSCI Islamic M-Seriesfail FTSE Shariah23.4%
E ENI SPA NON_COMPLIANT 1.44% AAOIFI42.7% Usmani20.8% Dow Jones Islamic28.0% S&P Shariah29.8% MSCI Islamic20.8% MSCI Islamic M-Series29.8% FTSE Shariah20.8%
FANG DIAMONDBACK ENERGY INC COMPLIANT 1.44% AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0%
WY WEYERHAEUSER COMPANY NON_COMPLIANT 1.36% AAOIFI31.3% Usmani32.1% Dow Jones Islamic28.8% S&P Shariah27.4% MSCI Islamic32.1% MSCI Islamic M-Series27.4% FTSE Shariah32.1%
DAR DARLING INGREDIENTS INC NON_COMPLIANT 1.32% AAOIFI41.5% Usmani38.0% Dow Jones Islamic62.6% S&P Shariah61.5% MSCI Islamic38.0% MSCI Islamic M-Series61.5% FTSE Shariah35.9%
NHY.OL NORSK HYDRO ASA COMPLIANT 1.31% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
VALE3.SA VALE SA NON_COMPLIANT 1.28% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
CF CF INDUSTRIES HOLDINGS INC COMPLIANT 1.20% AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3%
BG BUNGE GLOBAL SA NON_COMPLIANT 1.20% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
PETR3.SA PETROLEO BRASILEIRO SA NON_COMPLIANT 1.20% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
NEXGEN ENERGY LTD UNSCREENED 1.04% no in-house ratios for this holding
FNV FRANCO-NEVADA CORP COMPLIANT 0.99% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
ATR APTARGROUP INC COMPLIANT 0.95% AAOIFI17.2% Usmani26.9% Dow Jones Islamic15.2% S&P Shariah15.4% MSCI Islamic26.9% MSCI Islamic M-Series15.4% FTSE Shariah26.0%
GFI GOLD FIELDS LTD COMPLIANT 0.94% AAOIFI4.5% Usmani33.0% Dow Jones Islamic6.6% S&P Shariah8.0% MSCI Islamic33.0% MSCI Islamic M-Series8.0% FTSE Shariah33.0%
SOLARIS ENERGY INFRASTRUCTURE INC UNSCREENED 0.91% no in-house ratios for this holding
CMC COMMERCIAL METALS COMPANY NON_COMPLIANT 0.90% AAOIFI44.9% Usmani37.8% Dow Jones Islamic53.4% S&P Shariah55.5% MSCI Islamic35.9% MSCI Islamic M-Series55.5% FTSE Shariah33.6%
MOS MOSAIC COMPANY (THE) NON_COMPLIANT 0.86% AAOIFI60.0% Usmani20.5% Dow Jones Islamic59.7% S&P Shariah57.0% MSCI Islamic20.5% MSCI Islamic M-Series57.0% FTSE Shariah19.6%
DVN DEVON ENERGY CORP COMPLIANT 0.86% AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1%
SLGN SILGAN HOLDINGS INC NON_COMPLIANT 0.85% AAOIFI111.4% Usmani50.5% Dow Jones Islamic99.0% S&P Shariah101.1% MSCI Islamic50.5% MSCI Islamic M-Series101.1% FTSE Shariah50.5%
MPC MARATHON PETROLEUM CORP NON_COMPLIANT 0.82% AAOIFI31.4% Usmani36.4% Dow Jones Islamic59.6% S&P Shariah59.2% MSCI Islamic36.4% MSCI Islamic M-Series59.2% FTSE Shariah34.8%
SCA-B.ST SVENSKA CELLULOSA AB SCA COMPLIANT 0.78% AAOIFI17.3% Usmani9.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic9.2% MSCI Islamic M-Seriespass FTSE Shariah9.2%
NUE NUCOR CORP COMPLIANT 0.76% AAOIFI11.2% Usmani17.6% Dow Jones Islamic17.6% S&P Shariah17.3% MSCI Islamic17.6% MSCI Islamic M-Series17.3% FTSE Shariah17.6%
VLO VALERO ENERGY CORP COMPLIANT 0.72% AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1%
BKR BAKER HUGHES COMPANY NON_COMPLIANT 0.65% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
BP.L BP PLC NON_COMPLIANT 0.62% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
WDS.AX WOODSIDE ENERGY GROUP LTD NON_COMPLIANT 0.53% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
AVY AVERY DENNISON CORP COMPLIANT 0.52% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
HAL HALLIBURTON COMPANY COMPLIANT 0.41% AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7%
SLB LTD UNSCREENED 0.34% no in-house ratios for this holding
COP CONOCOPHILLIPS COMPLIANT 0.28% AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7%
REP.MC REPSOL SA NON_COMPLIANT 0.25% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
EQNR EQUINOR ASA NON_COMPLIANT 0.25% AAOIFI2.5% Usmani18.0% Dow Jones Islamic32.5% S&P Shariah32.6% MSCI Islamic18.0% MSCI Islamic M-Series32.6% FTSE Shariah18.0%
DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES UNSCREENED 0.00% no in-house ratios for this holding

The published standards disagree about this fund by 28 points of portfolio weight — 74.5% of it passes Usmani, 46.2% passes Dow Jones 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 50.7% ratios fail on 33.9% 14.8% not rated under AAOIFI

56 of 63 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (61% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
NTR.TO NUTRIEN LTD 6.10%
TTE.PA TOTALENERGIES SE 3.66%
SHEL SHELL PLC 3.35%
GLEN.L GLENCORE PLC 2.97%
SW SMURFIT WESTROCK PLC 2.96%
SUZB3.SA SUZANO SA 1.74%
STERV.HE STORA ENSO OYJ 1.69%
BALL BALL CORP 1.53%
E ENI SPA 1.44%
WY WEYERHAEUSER COMPANY 1.36%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 1 timeframes bullish · 100.0% aligned
VolumeRelative volume 0.2× the 20-day average
Momentum10-day rate of change -3.9%

NRES (NRES) 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.

Market & analysts
Momentum (10d)
-3.9%
rate of change
SMC grade
D · 39
100.0% aligned
NON-COMPLIANT
Sharia compliance
D · 39
SMC grade — 100.0% timeframe alignment
-3.9%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for NRES — this runs off the critical path so the page paints first. It will appear here on its own.

36.4333.8631.2928.7226.162025-09-192026-03-202026-09-18

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance

Not enough completed daily bars to compute pivots.

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.

7-day expected range
33.99 35.78
±2.56% from 34.89, made 2026-09-18 · resolves 2026-09-25
NEUTRAL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 51041 forecast(s) are currently open and will be scored automatically when their horizon expires.

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.

NEUTRAL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)46.20NEUTRAL
Stochastic %K (14)0.00BUY
CCI (20)-182.04BUY
Williams %R (14)-100.00BUY
MACD (12,26,9)-0.24SELL
ROC (10)-3.89SELL
Momentum (10)-1.41SELL
EMA (10)35.48SELL
SMA (10)35.65SELL
EMA (20)35.42SELL
SMA (20)35.86SELL
EMA (30)35.13SELL
SMA (30)35.40SELL
EMA (50)34.60BUY
SMA (50)34.17BUY
EMA (100)33.79BUY
SMA (100)33.54BUY
EMA (200)32.40BUY
SMA (200)32.93BUY

About NRES

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes (calculated at the time of any investment), in securities of companies in the natural resources sector. The fund is non-diversified.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Weak — low conviction, small size or skip

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.

TimeframeBiasBars
📅 Daily BEARISH 44

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.

0.34
MACD (no fresh cross)

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 2026-09-15 · Asset managers net 904684 (-7677)

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.