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ETF / Fund FlexShares US Quality Low Volatility Index Fund
$79.09
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 97% of portfolio weight covered
Fund look-through

FlexShares US Quality Low Volatility Index Fund ETF · FlexShares Trust

118 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.

NON-COMPLIANT 28.28% of portfolio weight is in non-compliant holdings, over the 5% threshold.

0.05% 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.

118 holdings, 111 matched (97% of weight). Portfolio as of 2026-04-30, filed 2026-06-25. Source: SEC Form N-PORT.

1.76% of this portfolio’s income is non-permissible — weighted across holdings, computed over 90% of portfolio weight (100 of 118 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.

56.8% compliant 12.3% questionable 28.3% non-compliant 2.5% unscreened

All holdings (118)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
NVDA NVIDIA Corp. COMPLIANT 6.38% AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4%
MSFT Microsoft Corp. QUESTIONABLE 5.40% AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3%
AAPL Apple, Inc. COMPLIANT 5.18% AAOIFI1.8% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5%
JNJ Johnson & Johnson COMPLIANT 4.11% AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4%
XOM Exxon Mobil Corp. COMPLIANT 2.54% AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1%
PG Procter & Gamble Co. (The) COMPLIANT 2.23% AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2%
GOOG Alphabet, Inc. QUESTIONABLE 2.15% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
ABBV AbbVie, Inc. COMPLIANT 2.13% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
V Visa, Inc. COMPLIANT 2.12% AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2%
COST Costco Wholesale Corp. QUESTIONABLE 2.09% AAOIFI2.0% Usmani9.4% Dow Jones Islamic1.9% S&P Shariah2.1% MSCI Islamic9.4% MSCI Islamic M-Series2.1% FTSE Shariah6.6%
BRK.B Berkshire Hathaway, Inc. NON_COMPLIANT 1.83% no in-house ratios for this holding
AVGO Broadcom, Inc. COMPLIANT 1.61% AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5%
MCD McDonald's Corp. NON_COMPLIANT 1.61% AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5%
GOOG Alphabet, Inc. QUESTIONABLE 1.60% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
MA Mastercard, Inc. COMPLIANT 1.54% AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7%
ADI Analog Devices, Inc. COMPLIANT 1.53% AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8%
IBM International Business Machines Corp. COMPLIANT 1.33% AAOIFI29.5% Usmani42.9% Dow Jones Islamic28.2% S&P Shariah32.2% MSCI Islamic42.9% MSCI Islamic M-Series32.2% FTSE Shariah40.8%
LLY Eli Lilly & Co. COMPLIANT 1.30% AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6%
KO Coca-Cola Co. (The) COMPLIANT 1.22% AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8%
MRK Merck & Co., Inc. COMPLIANT 1.18% AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5%
TXN Texas Instruments, Inc. COMPLIANT 1.10% AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2%
META Meta Platforms, Inc. QUESTIONABLE 1.08% AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6%
LNG Cheniere Energy, Inc. NON_COMPLIANT 1.03% AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6%
TJX TJX Cos., Inc. (The) COMPLIANT 1.02% AAOIFI10.1% Usmani38.6% Dow Jones Islamic9.4% S&P Shariah10.4% MSCI Islamic38.6% MSCI Islamic M-Series10.4% FTSE Shariah7.7%
LSTR Landstar System, Inc. COMPLIANT 0.96% AAOIFI0.0% Usmani4.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
VRSN VeriSign, Inc. COMPLIANT 0.95% AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SO Southern Co. (The) NON_COMPLIANT 0.94% AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8%
NEM Newmont Corp. COMPLIANT 0.94% AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8%
DUK Duke Energy Corp. NON_COMPLIANT 0.91% AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4%
LMT Lockheed Martin Corp. NON_COMPLIANT 0.83% AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9%
Electronic Arts, Inc. UNSCREENED 0.83% no in-house ratios for this holding
PEP PepsiCo, Inc. COMPLIANT 0.82% AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4%
ESS Essex Property Trust, Inc. NON_COMPLIANT 0.81% AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5%
GILD Gilead Sciences, Inc. COMPLIANT 0.80% AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2%
VZ Verizon Communications, Inc. NON_COMPLIANT 0.80% AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3%
AEM Agnico Eagle Mines Ltd. COMPLIANT 0.80% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
TDY Teledyne Technologies, Inc. NON_COMPLIANT 0.80% AAOIFI7.2% Usmani13.3% Dow Jones Islamic8.0% S&P Shariah8.7% MSCI Islamic13.3% MSCI Islamic M-Series8.7% FTSE Shariah13.3%
MUSA Murphy USA, Inc. COMPLIANT 0.79% AAOIFI29.4% Usmani56.5% Dow Jones Islamic30.8% S&P Shariah31.4% MSCI Islamic54.3% MSCI Islamic M-Series31.4% FTSE Shariah43.0%
ED Consolidated Edison, Inc. NON_COMPLIANT 0.78% AAOIFI65.9% Usmani35.2% Dow Jones Islamic73.6% S&P Shariah78.5% MSCI Islamic35.2% MSCI Islamic M-Series78.5% FTSE Shariah34.5%
NWE Northwestern Energy Group, Inc. NON_COMPLIANT 0.78% AAOIFI80.1% Usmani40.2% Dow Jones Islamic97.3% S&P Shariah105.7% MSCI Islamic40.1% MSCI Islamic M-Series105.7% FTSE Shariah40.1%
RTX RTX Corp. NON_COMPLIANT 0.77% AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4%
AIZ Assurant, Inc. NON_COMPLIANT 0.76% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
RNR RenaissanceRe Holdings Ltd. NON_COMPLIANT 0.76% AAOIFI17.0% Usmani4.2% Dow Jones Islamic18.5% S&P Shariah19.2% MSCI Islamic4.2% MSCI Islamic M-Series19.2% FTSE Shariah4.2%
PANW Palo Alto Networks, Inc. COMPLIANT 0.75% AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic1.6% MSCI Islamic M-Series0.6% FTSE Shariah0.0%
DLB Dolby Laboratories, Inc. COMPLIANT 0.75% AAOIFI0.8% Usmani1.5% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.5% MSCI Islamic M-Series0.7% FTSE Shariah0.0%
COP ConocoPhillips COMPLIANT 0.74% AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7%
T AT&T, Inc. NON_COMPLIANT 0.74% AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6%
DGX Quest Diagnostics, Inc. COMPLIANT 0.74% AAOIFI24.4% Usmani37.7% Dow Jones Islamic32.1% S&P Shariah35.4% MSCI Islamic37.7% MSCI Islamic M-Series35.4% FTSE Shariah33.3%
DOX Amdocs Ltd. COMPLIANT 0.71% AAOIFI12.6% Usmani12.4% Dow Jones Islamic9.2% S&P Shariah8.9% MSCI Islamic12.4% MSCI Islamic M-Series8.9% FTSE Shariah10.1%
CB Chubb Ltd. NON_COMPLIANT 0.68% AAOIFI13.3% Usmani6.3% Dow Jones Islamic14.8% S&P Shariah15.8% MSCI Islamic6.3% MSCI Islamic M-Series15.8% FTSE Shariah6.3%
CHE Chemed Corp. COMPLIANT 0.68% AAOIFI4.3% Usmani18.7% Dow Jones Islamic4.2% S&P Shariah3.9% MSCI Islamic18.7% MSCI Islamic M-Series3.9% FTSE Shariah8.9%
WMB Williams Cos., Inc. (The) NON_COMPLIANT 0.67% AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0%
HSY Hershey Co. (The) COMPLIANT 0.67% AAOIFI15.8% Usmani39.9% Dow Jones Islamic13.9% S&P Shariah13.9% MSCI Islamic39.4% MSCI Islamic M-Series13.9% FTSE Shariah37.1%
CTVA Corteva, Inc. COMPLIANT 0.66% AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0%
WM Waste Management, Inc. COMPLIANT 0.64% AAOIFI25.8% Usmani50.3% Dow Jones Islamic26.5% S&P Shariah27.9% MSCI Islamic50.3% MSCI Islamic M-Series27.9% FTSE Shariah50.3%
CME CME Group, Inc. NON_COMPLIANT 0.63% AAOIFI0.4% Usmani0.2% Dow Jones Islamic2.3% S&P Shariah2.6% MSCI Islamic0.2% MSCI Islamic M-Series2.6% FTSE Shariah0.0%
QLYS Qualys, Inc. COMPLIANT 0.63% AAOIFI0.9% Usmani5.0% Dow Jones Islamic1.1% S&P Shariah1.0% MSCI Islamic5.0% MSCI Islamic M-Series1.0% FTSE Shariah0.0%
QSR Restaurant Brands International, Inc. NON_COMPLIANT 0.62% AAOIFI41.9% Usmani62.4% Dow Jones Islamic72.2% S&P Shariah72.8% MSCI Islamic61.4% MSCI Islamic M-Series72.8% FTSE Shariah53.0%
CALM Cal-Maine Foods, Inc. COMPLIANT 0.62% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
GD General Dynamics Corp. NON_COMPLIANT 0.61% AAOIFI10.3% Usmani17.4% Dow Jones Islamic11.7% S&P Shariah12.4% MSCI Islamic16.8% MSCI Islamic M-Series12.4% FTSE Shariah13.7%
TRV Travelers Cos., Inc. (The) NON_COMPLIANT 0.61% AAOIFI11.8% Usmani6.3% Dow Jones Islamic14.9% S&P Shariah16.4% MSCI Islamic6.3% MSCI Islamic M-Series16.4% FTSE Shariah6.3%
Willis Towers Watson plc UNSCREENED 0.60% no in-house ratios for this holding
AZO AutoZone, Inc. COMPLIANT 0.60% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
ALL Allstate Corp. (The) NON_COMPLIANT 0.59% AAOIFI11.4% Usmani6.0% Dow Jones Islamic14.1% S&P Shariah15.6% MSCI Islamic6.0% MSCI Islamic M-Series15.6% FTSE Shariah6.0%
DTM DT Midstream, Inc. COMPLIANT 0.58% AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6%
TMUS T-Mobile US, Inc. NON_COMPLIANT 0.58% AAOIFI18.0% Usmani17.5% Dow Jones Islamic14.6% S&P Shariah15.9% MSCI Islamic16.5% MSCI Islamic M-Series15.9% FTSE Shariah2.9%
DTE DTE Energy Co. NON_COMPLIANT 0.57% AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9%
WCN Waste Connections, Inc. COMPLIANT 0.57% AAOIFI16.4% Usmani44.9% Dow Jones Islamic21.4% S&P Shariah22.2% MSCI Islamic44.9% MSCI Islamic M-Series22.2% FTSE Shariah43.4%
WEC WEC Energy Group, Inc. NON_COMPLIANT 0.56% AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1%
EVRG Evergy, Inc. NON_COMPLIANT 0.56% AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2%
FOX Fox Corp. NON_COMPLIANT 0.56% AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4%
CF SECURED LLC UNSCREENED 0.55% no in-house ratios for this holding
THG Hanover Insurance Group, Inc. (The) NON_COMPLIANT 0.54% AAOIFI10.6% Usmani5.0% Dow Jones Islamic13.8% S&P Shariah15.3% MSCI Islamic5.0% MSCI Islamic M-Series15.3% FTSE Shariah5.0%
AEE Ameren Corp. NON_COMPLIANT 0.54% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
RSG Republic Services, Inc. COMPLIANT 0.54% AAOIFI21.1% Usmani40.7% Dow Jones Islamic21.0% S&P Shariah22.6% MSCI Islamic40.7% MSCI Islamic M-Series22.6% FTSE Shariah40.0%
NOC Northrop Grumman Corp. NON_COMPLIANT 0.53% AAOIFI23.3% Usmani33.6% Dow Jones Islamic21.9% S&P Shariah23.0% MSCI Islamic33.6% MSCI Islamic M-Series23.0% FTSE Shariah29.9%
CHKP Check Point Software Technologies Ltd. COMPLIANT 0.53% AAOIFI14.3% Usmani25.7% Dow Jones Islamic10.1% S&P Shariah10.5% MSCI Islamic25.7% MSCI Islamic M-Series10.5% FTSE Shariah25.3%
SCI Service Corp. International NON_COMPLIANT 0.51% AAOIFI47.3% Usmani27.6% Dow Jones Islamic47.8% S&P Shariah50.0% MSCI Islamic27.6% MSCI Islamic M-Series50.0% FTSE Shariah27.6%
OHI Omega Healthcare Investors, Inc. NON_COMPLIANT 0.50% AAOIFI30.5% Usmani42.9% Dow Jones Islamic37.6% S&P Shariah43.5% MSCI Islamic42.9% MSCI Islamic M-Series43.5% FTSE Shariah42.9%
LNT Alliant Energy Corp. NON_COMPLIANT 0.48% AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4%
PKG Packaging Corp. of America COMPLIANT 0.47% AAOIFI20.8% Usmani40.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic39.9% MSCI Islamic M-Series0.2% FTSE Shariah36.0%
EHC Encompass Health Corp. COMPLIANT 0.47% AAOIFI23.9% Usmani38.1% Dow Jones Islamic26.5% S&P Shariah29.4% MSCI Islamic38.1% MSCI Islamic M-Series29.4% FTSE Shariah35.3%
PGR Progressive Corp. (The) NON_COMPLIANT 0.46% AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7%
NBIX Neurocrine Biosciences, Inc. COMPLIANT 0.46% AAOIFI2.9% Usmani8.6% Dow Jones Islamic3.4% S&P Shariah3.5% MSCI Islamic8.6% MSCI Islamic M-Series3.5% FTSE Shariah0.0%
WR Berkley Corp. UNSCREENED 0.45% no in-house ratios for this holding
ADP Automatic Data Processing, Inc. COMPLIANT 0.43% AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9%
GIS General Mills, Inc. NON_COMPLIANT 0.42% AAOIFI68.8% Usmani46.2% Dow Jones Islamic53.5% S&P Shariah48.8% MSCI Islamic46.2% MSCI Islamic M-Series48.8% FTSE Shariah44.9%
JKHY Jack Henry & Associates, Inc. COMPLIANT 0.40% AAOIFI1.1% Usmani4.1% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic4.1% MSCI Islamic M-Series1.1% FTSE Shariah2.9%
CPB Campbell's Co. (The) NON_COMPLIANT 0.38% AAOIFI104.8% Usmani48.9% Dow Jones Islamic79.8% S&P Shariah73.5% MSCI Islamic48.4% MSCI Islamic M-Series73.5% FTSE Shariah46.3%
AEP American Electric Power Co., Inc. NON_COMPLIANT 0.37% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
DRI Darden Restaurants, Inc. NON_COMPLIANT 0.35% AAOIFI25.3% Usmani62.3% Dow Jones Islamic28.6% S&P Shariah30.9% MSCI Islamic48.7% MSCI Islamic M-Series30.9% FTSE Shariah18.1%
AVB AvalonBay Communities, Inc. NON_COMPLIANT 0.33% AAOIFIfail Usmanifail Dow Jones Islamic S&P Shariah MSCI Islamicfail MSCI Islamic M-Series FTSE Shariahfail
JPM JPMorgan Chase & Co. NON_COMPLIANT 0.32% AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4%
HD Home Depot, Inc. (The) COMPLIANT 0.32% AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5%
AFG American Financial Group, Inc. NON_COMPLIANT 0.30% AAOIFI15.4% Usmani5.5% Dow Jones Islamic17.2% S&P Shariah18.2% MSCI Islamic5.5% MSCI Islamic M-Series18.2% FTSE Shariah5.5%
VRTX Vertex Pharmaceuticals, Inc. COMPLIANT 0.28% AAOIFI1.6% Usmani7.2% Dow Jones Islamic1.7% S&P Shariah1.7% MSCI Islamic7.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0%
CRUS Cirrus Logic, Inc. COMPLIANT 0.27% AAOIFI2.4% Usmani5.1% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic5.1% MSCI Islamic M-Series2.2% FTSE Shariah0.0%
SON Sonoco Products Co. NON_COMPLIANT 0.24% AAOIFI101.6% Usmani45.7% Dow Jones Islamic108.8% S&P Shariah106.8% MSCI Islamic45.2% MSCI Islamic M-Series106.8% FTSE Shariah42.4%
HRB H&R Block, Inc. NON_COMPLIANT 0.18% AAOIFI34.8% Usmani64.6% Dow Jones Islamic34.1% S&P Shariah33.8% MSCI Islamic64.6% MSCI Islamic M-Series33.8% FTSE Shariah45.8%
ALKS Alkermes plc COMPLIANT 0.18% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
MPC Marathon Petroleum Corp. NON_COMPLIANT 0.16% AAOIFI31.4% Usmani36.4% Dow Jones Islamic59.6% S&P Shariah59.2% MSCI Islamic36.4% MSCI Islamic M-Series59.2% FTSE Shariah34.8%
APPF Appfolio, Inc. COMPLIANT 0.15% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
JAZZ Jazz Pharmaceuticals plc COMPLIANT 0.13% AAOIFI27.4% Usmani39.7% Dow Jones Islamic46.1% S&P Shariah49.7% MSCI Islamic39.7% MSCI Islamic M-Series49.7% FTSE Shariah39.3%
ROP Roper Technologies, Inc. NON_COMPLIANT 0.11% AAOIFI28.1% Usmani32.2% Dow Jones Islamic22.5% S&P Shariah21.7% MSCI Islamic32.2% MSCI Islamic M-Series21.7% FTSE Shariah32.2%
QGEN QIAGEN NV COMPLIANT 0.08% AAOIFI20.8% Usmani28.9% Dow Jones Islamic18.9% S&P Shariah18.9% MSCI Islamic28.9% MSCI Islamic M-Series18.9% FTSE Shariah26.3%
LDOS Leidos Holdings, Inc. NON_COMPLIANT 0.07% AAOIFI39.5% Usmani42.1% Dow Jones Islamic32.6% S&P Shariah34.8% MSCI Islamic42.1% MSCI Islamic M-Series34.8% FTSE Shariah38.6%
COR Cencora, Inc. COMPLIANT 0.07% AAOIFI18.9% Usmani14.0% Dow Jones Islamic20.8% S&P Shariah22.7% MSCI Islamic14.0% MSCI Islamic M-Series22.7% FTSE Shariah14.0%
DBX Dropbox, Inc. COMPLIANT 0.05% AAOIFI5.3% Usmani23.9% Dow Jones Islamic6.2% S&P Shariah6.3% MSCI Islamic13.8% MSCI Islamic M-Series6.3% FTSE Shariah0.0%
United States of America NON_COMPLIANT 0.05% no in-house ratios for this holding
VLTO Veralto Corp. COMPLIANT 0.05% AAOIFI12.4% Usmani37.5% Dow Jones Islamic11.8% S&P Shariah12.2% MSCI Islamic37.5% MSCI Islamic M-Series12.2% FTSE Shariah34.8%
N/A UNSCREENED 0.03% no in-house ratios for this holding
THE BANK OF NOVA SCOTIA, TORONTO UNSCREENED 0.03% no in-house ratios for this holding
TXRH Texas Roadhouse, Inc. COMPLIANT 0.03% AAOIFI8.7% Usmani29.6% Dow Jones Islamic9.3% S&P Shariah10.1% MSCI Islamic29.6% MSCI Islamic M-Series10.1% FTSE Shariah1.4%
N/A UNSCREENED 0.02% no in-house ratios for this holding
HAS Hasbro, Inc. NON_COMPLIANT 0.02% AAOIFI29.2% Usmani64.2% Dow Jones Islamic37.5% S&P Shariah41.8% MSCI Islamic64.2% MSCI Islamic M-Series41.8% FTSE Shariah58.6%
MCK McKesson Corp. COMPLIANT 0.02% AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5%
TSCO Tractor Supply Co. NON_COMPLIANT 0.02% AAOIFI35.6% Usmani53.8% Dow Jones Islamic25.1% S&P Shariah25.5% MSCI Islamic53.4% MSCI Islamic M-Series25.5% FTSE Shariah17.7%
ULTA Ulta Beauty, Inc. COMPLIANT 0.01% AAOIFI10.7% Usmani36.2% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic36.2% MSCI Islamic M-Series11.8% FTSE Shariah4.9%

The published standards disagree about this fund by 27 points of portfolio weight — 72.7% of it passes AAOIFI, 45.4% 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 72.7% ratios fail on 18.4% 8.8% not rated under AAOIFI

108 of 118 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, 99 (90% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
BRK.B Berkshire Hathaway, Inc. 1.83%
MCD McDonald's Corp. 1.61%
LNG Cheniere Energy, Inc. 1.03%
SO Southern Co. (The) 0.94%
DUK Duke Energy Corp. 0.91%
LMT Lockheed Martin Corp. 0.83%
ESS Essex Property Trust, Inc. 0.81%
VZ Verizon Communications, Inc. 0.80%
TDY Teledyne Technologies, Inc. 0.80%
ED Consolidated Edison, Inc. 0.78%

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 3 timeframes bullish · 100.0% aligned
Momentum10-day rate of change -0.8%

QLV (QLV) 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)
-0.8%
rate of change
SMC grade
C · 60
100.0% aligned
NON-COMPLIANT
Sharia compliance
C · 60
SMC grade — 100.0% timeframe alignment
-0.8%
Rate of change (10d)

🕌 In-house Compliance Research

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

80.5677.8775.1772.4869.792025-09-172026-03-192026-09-17

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

Support & Resistance
S3
77.83
S2
78.31
S1
78.69
PIVOT
79.17
R1
79.55
R2
80.03
R3
80.41

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.

7-day expected range
78.42 80.31
±1.19% from 79.36, made 2026-09-13 · resolves 2026-09-20
SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 47145 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.

SELL
19 indicators
OscillatorsSELL
2 buy · 2 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)46.40NEUTRAL
Stochastic %K (14)18.15BUY
CCI (20)-94.45NEUTRAL
Williams %R (14)-81.85BUY
MACD (12,26,9)-0.16SELL
ROC (10)-1.07SELL
Momentum (10)-0.85SELL
EMA (10)79.39SELL
SMA (10)79.43SELL
EMA (20)79.46SELL
SMA (20)79.70SELL
EMA (30)79.29SELL
SMA (30)79.73SELL
EMA (50)78.71BUY
SMA (50)78.86BUY
EMA (100)77.30BUY
SMA (100)76.99BUY
EMA (200)75.22BUY
SMA (200)74.78BUY
Grade verdict

Average — needs more confirmation before sizing up

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 42
⏱ 15-Min BEARISH 55
⏲ 5-Min BEARISH 167

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.

0.13
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.

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.

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.