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QT

QTPI

ETF / Fund North Square RCIM Tax-Advantaged Preferred and
$25.20
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 81% of portfolio weight covered
Fund look-through

North Square RCIM Tax-Advantaged Preferred and ETF · Exchange Place Advisors Trust

56 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 75.49% of portfolio weight is in non-compliant holdings, over the 5% threshold.

56 holdings, 47 matched (81% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.

17.94% of this portfolio’s income is non-permissible — weighted across holdings, computed over 26% of portfolio weight (12 of 56 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.

2.7% compliant 0.0% questionable 75.5% non-compliant 17.9% unscreened

All holdings (56)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
BAC BANK OF AMERICA CORP NON_COMPLIANT 2.95% 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 (THE) NON_COMPLIANT 2.94% AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6%
C CITIGROUP INC NON_COMPLIANT 2.93% AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8%
JP MORGAN CHASE & COMPANY UNSCREENED 2.91% no in-house ratios for this holding
WFC WELLS FARGO & COMPANY NON_COMPLIANT 2.88% AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1%
BP CAPITAL MARKETS PLC UNSCREENED 2.82% no in-house ratios for this holding
PNC PNC FINANCIAL SERVICES GROUP INC (THE) NON_COMPLIANT 2.81% AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9%
US BANCORP UNSCREENED 2.81% no in-house ratios for this holding
TD TORONTO DOMINION BANK (THE) NON_COMPLIANT 2.76% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
BNY BANK OF NEW YORK MELLON CORP (THE) NON_COMPLIANT 2.75% AAOIFI27.2% Usmani5.8% Dow Jones Islamic41.5% S&P Shariah49.3% MSCI Islamic5.8% MSCI Islamic M-Series49.3% FTSE Shariah5.8%
TRANSCANADA TRUST UNSCREENED 2.75% no in-house ratios for this holding
CM.TO CANADIAN IMPERIAL BANK OF COMMERCE NON_COMPLIANT 2.73% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
COF CAPITAL ONE FINANCIAL CORP NON_COMPLIANT 2.73% AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6%
STT STATE STREET CORP NON_COMPLIANT 2.73% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
RY ROYAL BANK OF CANADA COMPLIANT 2.69% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
BMO.TO BANK OF MONTREAL NON_COMPLIANT 2.65% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
VST VISTRA CORP NON_COMPLIANT 2.65% AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0%
GENERAL MOTORS FINANCIAL COMPANY INC UNSCREENED 2.53% no in-house ratios for this holding
BNS.TO BANK OF NOVA SCOTIA (THE) NON_COMPLIANT 2.30% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
T AT&T INC NON_COMPLIANT 2.26% AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6%
UBSG.SW UBS GROUP AG NON_COMPLIANT 2.13% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
ALLY ALLY FINANCIAL INC NON_COMPLIANT 1.96% AAOIFI128.2% Usmani8.5% Dow Jones Islamic145.1% S&P Shariah153.2% MSCI Islamic8.5% MSCI Islamic M-Series153.2% FTSE Shariah8.5%
SUMISHO AIR LEASE CORP UNSCREENED 1.95% no in-house ratios for this holding
ING ING GROEP NV NON_COMPLIANT 1.95% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SCHW CHARLES SCHWAB CORP (THE) NON_COMPLIANT 1.94% AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3%
HSBA.L HSBC HOLDINGS PLC NON_COMPLIANT 1.86% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
BBVA.MC BANCO BILBAO VIZCAYA ARGENTARIA SA NON_COMPLIANT 1.85% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LLOY.L LLOYDS BANKING GROUP PLC NON_COMPLIANT 1.73% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
TFC TRUIST FINANCIAL CORP NON_COMPLIANT 1.70% AAOIFI110.7% Usmani12.6% Dow Jones Islamic124.2% S&P Shariah135.1% MSCI Islamic12.6% MSCI Islamic M-Series135.1% FTSE Shariah12.6%
SAN.MC BANCO SANTANDER SA NON_COMPLIANT 1.69% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
STAN.L STANDARD CHARTERED PLC NON_COMPLIANT 1.66% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
MS MORGAN STANLEY NON_COMPLIANT 1.65% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NWG.L NATWEST GROUP PLC NON_COMPLIANT 1.49% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CFG CITIZENS FINANCIAL GROUP INC NON_COMPLIANT 1.48% AAOIFI92.6% Usmani11.8% Dow Jones Islamic125.5% S&P Shariah143.3% MSCI Islamic11.8% MSCI Islamic M-Series143.3% FTSE Shariah11.8%
FITB FIFTH THIRD BANCORP NON_COMPLIANT 1.38% AAOIFI45.0% Usmani7.4% Dow Jones Islamic67.1% S&P Shariah76.4% MSCI Islamic7.4% MSCI Islamic M-Series76.4% FTSE Shariah7.4%
KEY KEYCORP NON_COMPLIANT 1.29% AAOIFI47.1% Usmani5.7% Dow Jones Islamic56.9% S&P Shariah65.9% MSCI Islamic5.7% MSCI Islamic M-Series65.9% FTSE Shariah5.7%
VENTURE GLOBAL LNG INC UNSCREENED 1.28% no in-house ratios for this holding
MTB M&T BANK CORP NON_COMPLIANT 1.24% AAOIFI52.5% Usmani8.3% Dow Jones Islamic59.6% S&P Shariah66.0% MSCI Islamic8.3% MSCI Islamic M-Series66.0% FTSE Shariah8.3%
SCHW CHARLES SCHWAB CORP (THE) NON_COMPLIANT 1.15% AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3%
CFG CITIZENS FINANCIAL GROUP INC NON_COMPLIANT 0.97% AAOIFI92.6% Usmani11.8% Dow Jones Islamic125.5% S&P Shariah143.3% MSCI Islamic11.8% MSCI Islamic M-Series143.3% FTSE Shariah11.8%
MS MORGAN STANLEY NON_COMPLIANT 0.90% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
ALL ALLSTATE CORP (THE) NON_COMPLIANT 0.88% AAOIFI11.4% Usmani6.0% Dow Jones Islamic14.1% S&P Shariah15.6% MSCI Islamic6.0% MSCI Islamic M-Series15.6% FTSE Shariah6.0%
SYF SYNCHRONY FINANCIAL NON_COMPLIANT 0.82% AAOIFI85.9% Usmani18.3% Dow Jones Islamic91.8% S&P Shariah104.8% MSCI Islamic18.3% MSCI Islamic M-Series104.8% FTSE Shariah18.3%
BAC BANK OF AMERICA CORP NON_COMPLIANT 0.79% AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7%
HBAN HUNTINGTON BANCSHARES INC NON_COMPLIANT 0.79% AAOIFI68.2% Usmani8.2% Dow Jones Islamic90.2% S&P Shariah102.6% MSCI Islamic8.2% MSCI Islamic M-Series102.6% FTSE Shariah8.2%
UMBF UMB FINANCIAL CORP NON_COMPLIANT 0.64% AAOIFI5.5% Usmani0.8% Dow Jones Islamic7.5% S&P Shariah9.1% MSCI Islamic0.8% MSCI Islamic M-Series9.1% FTSE Shariah0.8%
RF REGIONS FINANCIAL CORP NON_COMPLIANT 0.63% AAOIFI29.4% Usmani4.7% Dow Jones Islamic35.1% S&P Shariah38.7% MSCI Islamic4.7% MSCI Islamic M-Series38.7% FTSE Shariah4.7%
COF CAPITAL ONE FINANCIAL CORP NON_COMPLIANT 0.62% AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6%
ELECTRICITE DE FRANCE SA UNSCREENED 0.60% no in-house ratios for this holding
KEY KEYCORP NON_COMPLIANT 0.54% AAOIFI47.1% Usmani5.7% Dow Jones Islamic56.9% S&P Shariah65.9% MSCI Islamic5.7% MSCI Islamic M-Series65.9% FTSE Shariah5.7%
MS MORGAN STANLEY NON_COMPLIANT 0.46% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
CMS CMS ENERGY CORP NON_COMPLIANT 0.45% AAOIFI89.2% Usmani47.2% Dow Jones Islamic90.3% S&P Shariah98.1% MSCI Islamic46.5% MSCI Islamic M-Series98.1% FTSE Shariah46.5%
TFC TRUIST FINANCIAL CORP NON_COMPLIANT 0.39% AAOIFI110.7% Usmani12.6% Dow Jones Islamic124.2% S&P Shariah135.1% MSCI Islamic12.6% MSCI Islamic M-Series135.1% FTSE Shariah12.6%
FIRST CITIZENS BANCSHARES INC UNSCREENED 0.26% no in-house ratios for this holding
FHN FIRST HORIZON CORP NON_COMPLIANT 0.20% AAOIFI187.6% Usmani26.2% Dow Jones Islamic208.5% S&P Shariah233.7% MSCI Islamic26.2% MSCI Islamic M-Series233.7% FTSE Shariah26.2%
WBS WEBSTER FINANCIAL CORP NON_COMPLIANT 0.20% AAOIFI5.9% Usmani0.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.9% MSCI Islamic M-Seriesfail FTSE Shariah0.9%

The published standards disagree about this fund by 3 points of portfolio weight — 2.7% of it passes AAOIFI, 0.0% passes Usmani. 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 2.7% ratios fail on 75.5% 17.9% not rated under AAOIFI

39 of 56 listed holdings carry our own per-methodology verdicts (78% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 29 (58% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
BAC BANK OF AMERICA CORP 2.95%
GS GOLDMAN SACHS GROUP INC (THE) 2.94%
C CITIGROUP INC 2.93%
WFC WELLS FARGO & COMPANY 2.88%
PNC PNC FINANCIAL SERVICES GROUP INC (THE) 2.81%
TD TORONTO DOMINION BANK (THE) 2.76%
BNY BANK OF NEW YORK MELLON CORP (THE) 2.75%
CM.TO CANADIAN IMPERIAL BANK OF COMMERCE 2.73%
COF CAPITAL ONE FINANCIAL CORP 2.73%
STT STATE STREET CORP 2.73%

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.

Structure1 of 3 timeframes bullish · 76.9% aligned
VWAPPrice below VWAP ($25.29)
VolumeRelative volume 2.7× the 20-day average
Momentum10-day rate of change -0.6%

QTPI (QTPI) 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)
-0.6%
rate of change
SMC grade
D · 37
76.9% aligned
NON-COMPLIANT
Sharia compliance
D · 37
SMC grade — 76.9% timeframe alignment
-0.6%
Rate of change (10d)

🕌 In-house Compliance Research

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

25.4525.2325.0124.7824.562025-09-192026-03-202026-09-18

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

Support & Resistance
S3
24.99
S2
25.09
S1
25.21
PIVOT
25.31
R1
25.43
R2
25.53
R3
25.65

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
24.85 25.70
±1.7% from 25.28, made 2026-09-13 · resolves 2026-09-20
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 51097 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.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)45.00NEUTRAL
Stochastic %K (14)45.29NEUTRAL
CCI (20)-73.04NEUTRAL
Williams %R (14)-54.71NEUTRAL
MACD (12,26,9)-0.01SELL
ROC (10)-0.60SELL
Momentum (10)-0.15SELL
EMA (10)25.25SELL
SMA (10)25.24SELL
EMA (20)25.27SELL
SMA (20)25.30SELL
EMA (30)25.29SELL
SMA (30)25.30SELL
EMA (50)25.29SELL
SMA (50)25.31SELL
EMA (100)25.26SELL
SMA (100)25.29SELL
EMA (200)25.14BUY
SMA (200)25.18BUY

About QTPI

The fund is an actively-managed exchange-traded fund (“ETF”) that, under normal market conditions, invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a portfolio of preferred and debt securities that, at the time of issuance, are eligible to pay dividends that qualify for favorable U.S. federal income tax treatment.

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
⏱ 15-Min BULLISH 41
⏲ 5-Min RANGING 125

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.

-0.05
MACD (no fresh cross)
$25.21
Volume POC (today)
$25.20 – $25.27
Value area

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.