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SOAAX

ETF / Fund SPIRIT OF AMERICA REAL ESTATE INCOME & GROWTH FUND
$8.50
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 86% of portfolio weight covered
Fund look-through

SPIRIT OF AMERICA REAL ESTATE INCOME & GROWTH FUND · Spirit of America Investment Fund, Inc.

93 holdings · as of 2026-06-30 (2.6 months ago)

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 104% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 46.04% of portfolio weight is in non-compliant holdings, over the 5% threshold.

93 holdings, 76 matched (86% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.

1.08% of this portfolio’s income is non-permissible — weighted across holdings, computed over 77% of portfolio weight (69 of 93 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.

39.9% compliant 1.6% questionable 44.1% non-compliant 14.5% unscreened

All holdings (93)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
WELL WELLTOWER INC COMPLIANT 11.03% AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7%
EQIX EQUINIX INC COMPLIANT 6.13% AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4%
IRON MOUNTAIN INC (REIT) UNSCREENED 5.67% no in-house ratios for this holding
DLR DIGITAL REALTY TRUST INC COMPLIANT 4.97% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SPG SIMON PROPERTY GROUP INC NON_COMPLIANT 4.59% AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3%
PLD PROLOGIS INC COMPLIANT 4.55% AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3%
VTR VENTAS INC COMPLIANT 4.05% AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8%
PSA PUBLIC STORAGE NON_COMPLIANT 3.48% AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6%
VICI VICI PROPERTIES INC NON_COMPLIANT 3.14% AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1%
OHI OMEGA HEALTHCARE INVESTORS INC NON_COMPLIANT 3.10% AAOIFI30.5% Usmani42.9% Dow Jones Islamic37.6% S&P Shariah43.5% MSCI Islamic42.9% MSCI Islamic M-Series43.5% FTSE Shariah42.9%
EXR EXTRA SPACE STORAGE INC NON_COMPLIANT 2.51% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
O REALTY INCOME CORP NON_COMPLIANT 2.32% AAOIFI3.5% Usmani2.6% Dow Jones Islamic4.0% S&P Shariah4.3% MSCI Islamic2.6% MSCI Islamic M-Series4.3% FTSE Shariah2.6%
MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS UNSCREENED 2.28% no in-house ratios for this holding
VRT VERTIV HOLDINGS COMPANY COMPLIANT 2.12% AAOIFI3.2% Usmani19.0% Dow Jones Islamic4.5% S&P Shariah5.7% MSCI Islamic19.0% MSCI Islamic M-Series5.7% FTSE Shariah18.5%
STAG STAG INDUSTRIAL INC NON_COMPLIANT 1.96% AAOIFI44.2% Usmani44.6% Dow Jones Islamic48.2% S&P Shariah49.6% MSCI Islamic44.6% MSCI Islamic M-Series49.6% FTSE Shariah44.6%
REG REGENCY CENTERS CORP NON_COMPLIANT 1.91% AAOIFI36.3% Usmani38.4% Dow Jones Islamic38.6% S&P Shariah41.4% MSCI Islamic38.4% MSCI Islamic M-Series41.4% FTSE Shariah38.4%
BRIXMOR PROPERTY GROUP INC UNSCREENED 1.81% no in-house ratios for this holding
GLPI GAMING AND LEISURE PROPERTIES INC NON_COMPLIANT 1.78% AAOIFI66.7% Usmani57.1% Dow Jones Islamic65.1% S&P Shariah68.3% MSCI Islamic57.1% MSCI Islamic M-Series68.3% FTSE Shariah57.1%
TRNO TERRENO REALTY CORP COMPLIANT 1.76% AAOIFI13.1% Usmani16.5% Dow Jones Islamic15.2% S&P Shariah16.2% MSCI Islamic16.5% MSCI Islamic M-Series16.2% FTSE Shariah16.5%
AVB AVALONBAY COMMUNITIES INC NON_COMPLIANT 1.69% AAOIFIfail Usmanifail Dow Jones Islamic S&P Shariah MSCI Islamicfail MSCI Islamic M-Series FTSE Shariahfail
FRT FEDERAL REALTY INVESTMENT TRUST NON_COMPLIANT 1.65% AAOIFI48.5% Usmani54.6% Dow Jones Islamic56.8% S&P Shariah59.6% MSCI Islamic54.6% MSCI Islamic M-Series59.6% FTSE Shariah54.6%
AMZN AMAZON.COM INC QUESTIONABLE 1.61% AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1%
CTRE CARETRUST REIT INC COMPLIANT 1.59% AAOIFI13.1% Usmani20.3% Dow Jones Islamic18.0% S&P Shariah22.4% MSCI Islamic20.3% MSCI Islamic M-Series22.4% FTSE Shariah20.3%
HST HOST HOTELS & RESORTS INC NON_COMPLIANT 1.54% AAOIFI8.4% Usmani9.6% Dow Jones Islamic10.8% S&P Shariah11.0% MSCI Islamic9.6% MSCI Islamic M-Series11.0% FTSE Shariah9.6%
SUI SUN COMMUNITIES INC COMPLIANT 1.48% AAOIFI50.8% Usmani59.8% Dow Jones Islamic48.7% S&P Shariah50.2% MSCI Islamic59.8% MSCI Islamic M-Series50.2% FTSE Shariah59.8%
UDR UDR INC NON_COMPLIANT 1.37% AAOIFI41.8% Usmani54.8% Dow Jones Islamic45.2% S&P Shariah46.9% MSCI Islamic54.8% MSCI Islamic M-Series46.9% FTSE Shariah54.8%
AGREE REALTY CORP UNSCREENED 1.31% no in-house ratios for this holding
ESS ESSEX PROPERTY TRUST INC NON_COMPLIANT 1.22% AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5%
AMT AMERICAN TOWER CORP NON_COMPLIANT 1.17% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
EQUITY RESIDENTIAL UNSCREENED 1.16% no in-house ratios for this holding
WPC W.P. CAREY INC NON_COMPLIANT 1.14% AAOIFI52.5% Usmani47.5% Dow Jones Islamic64.6% S&P Shariah69.0% MSCI Islamic47.5% MSCI Islamic M-Series69.0% FTSE Shariah47.5%
RYMAN HOSPITALITY PROPERTIES INC UNSCREENED 1.13% no in-house ratios for this holding
CDP COPT DEFENSE PROPERTIES NON_COMPLIANT 1.11% AAOIFI32.6% Usmani57.4% Dow Jones Islamic78.1% S&P Shariah84.9% MSCI Islamic57.4% MSCI Islamic M-Series84.9% FTSE Shariah57.4%
ELS EQUITY LIFESTYLE PROPERTIES INC COMPLIANT 1.05% AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2%
EGP EASTGROUP PROPERTIES INC COMPLIANT 1.01% AAOIFI15.0% Usmani29.2% Dow Jones Islamic17.6% S&P Shariah18.6% MSCI Islamic29.2% MSCI Islamic M-Series18.6% FTSE Shariah29.2%
NNN REIT INC UNSCREENED 0.92% no in-house ratios for this holding
KIM KIMCO REALTY CORP NON_COMPLIANT 0.86% AAOIFI51.0% Usmani38.5% Dow Jones Islamic53.4% S&P Shariah57.5% MSCI Islamic38.5% MSCI Islamic M-Series57.5% FTSE Shariah38.5%
AMH AMERICAN HOMES 4 RENT NON_COMPLIANT 0.80% AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1%
CUBE CUBESMART COMPLIANT 0.78% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
MAA MID-AMERICA APARTMENT COMMUNITIES INC NON_COMPLIANT 0.77% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
DBRG DIGITALBRIDGE GROUP INC NON_COMPLIANT 0.72% AAOIFI9.6% Usmani7.8% Dow Jones Islamic12.4% S&P Shariah11.5% MSCI Islamic7.8% MSCI Islamic M-Series11.5% FTSE Shariah7.8%
REXR REXFORD INDUSTRIAL REALTY INC NON_COMPLIANT 0.68% AAOIFI39.8% Usmani28.1% Dow Jones Islamic38.3% S&P Shariah36.9% MSCI Islamic28.1% MSCI Islamic M-Series36.9% FTSE Shariah28.1%
CPT CAMDEN PROPERTY TRUST NON_COMPLIANT 0.68% AAOIFI34.0% Usmani51.3% Dow Jones Islamic42.8% S&P Shariah44.8% MSCI Islamic51.3% MSCI Islamic M-Series44.8% FTSE Shariah51.3%
SKT TANGER INC NON_COMPLIANT 0.65% AAOIFI43.4% Usmani65.1% Dow Jones Islamic49.7% S&P Shariah55.2% MSCI Islamic65.1% MSCI Islamic M-Series55.2% FTSE Shariah65.1%
BXP BXP INC NON_COMPLIANT 0.63% AAOIFI8.5% Usmani3.9% Dow Jones Islamic9.4% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9%
DOC HEALTHPEAK PROPERTIES INC NON_COMPLIANT 0.56% AAOIFI67.5% Usmani46.3% Dow Jones Islamic80.6% S&P Shariah86.7% MSCI Islamic46.3% MSCI Islamic M-Series86.7% FTSE Shariah46.3%
CCI CROWN CASTLE INC NON_COMPLIANT 0.44% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
CUZ COUSINS PROPERTIES INC NON_COMPLIANT 0.27% AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3%
AHR AMERICAN HEALTHCARE REIT INC COMPLIANT 0.25% AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1%
HR HEALTHCARE REALTY TRUST INC NON_COMPLIANT 0.22% AAOIFI63.6% Usmani46.3% Dow Jones Islamic71.4% S&P Shariah74.8% MSCI Islamic46.3% MSCI Islamic M-Series74.8% FTSE Shariah46.3%
KILROY REALTY CORP UNSCREENED 0.22% no in-house ratios for this holding
ARE ALEXANDRIA REAL ESTATE EQUITIES INC NON_COMPLIANT 0.22% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
ET ENERGY TRANSFER LP NON_COMPLIANT 0.21% AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2%
TOL TOLL BROTHERS INC 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%
JAN JANUS LIVING INC COMPLIANT 0.20% AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0%
NVDA NVIDIA CORP COMPLIANT 0.19% AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4%
KKR KKR & CO. INC NON_COMPLIANT 0.18% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
PK PARK HOTELS & RESORTS INC NON_COMPLIANT 0.18% AAOIFI129.2% Usmani51.1% Dow Jones Islamic173.2% S&P Shariah168.4% MSCI Islamic51.1% MSCI Islamic M-Series168.4% FTSE Shariah51.1%
DHI D.R. HORTON INC COMPLIANT 0.18% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
FRT FEDERAL REALTY INVESTMENT TRUST NON_COMPLIANT 0.18% AAOIFI48.5% Usmani54.6% Dow Jones Islamic56.8% S&P Shariah59.6% MSCI Islamic54.6% MSCI Islamic M-Series59.6% FTSE Shariah54.6%
WY WEYERHAEUSER COMPANY NON_COMPLIANT 0.18% AAOIFI31.3% Usmani32.1% Dow Jones Islamic28.8% S&P Shariah27.4% MSCI Islamic32.1% MSCI Islamic M-Series27.4% FTSE Shariah32.1%
PSTL POSTAL REALTY TRUST INC NON_COMPLIANT 0.17% AAOIFI45.4% Usmani45.9% Dow Jones Islamic93.9% S&P Shariah106.6% MSCI Islamic45.9% MSCI Islamic M-Series106.6% FTSE Shariah45.7%
FCPT FOUR CORNERS PROPERTY TRUST INC NON_COMPLIANT 0.17% AAOIFI45.8% Usmani41.8% Dow Jones Islamic49.5% S&P Shariah53.9% MSCI Islamic41.8% MSCI Islamic M-Series53.9% FTSE Shariah41.8%
EPRT ESSENTIAL PROPERTIES REALTY TRUST INC NON_COMPLIANT 0.16% AAOIFI45.0% Usmani39.1% Dow Jones Islamic49.1% S&P Shariah55.6% MSCI Islamic39.1% MSCI Islamic M-Series55.6% FTSE Shariah39.1%
BLACKSTONE DIGITAL INFRASTRUCTURE TRUST INC UNSCREENED 0.15% no in-house ratios for this holding
SHO SUNSTONE HOTEL INVESTORS INC NON_COMPLIANT 0.14% AAOIFI48.5% Usmani32.3% Dow Jones Islamic52.6% S&P Shariah52.1% MSCI Islamic32.3% MSCI Islamic M-Series52.1% FTSE Shariah32.3%
LINE LINEAGE INC NON_COMPLIANT 0.13% AAOIFI78.9% Usmani43.1% Dow Jones Islamic66.3% S&P Shariahfail MSCI Islamic36.3% MSCI Islamic M-Seriesfail FTSE Shariah32.9%
SHO SUNSTONE HOTEL INVESTORS INC NON_COMPLIANT 0.12% AAOIFI48.5% Usmani32.3% Dow Jones Islamic52.6% S&P Shariah52.1% MSCI Islamic32.3% MSCI Islamic M-Series52.1% FTSE Shariah32.3%
SHO SUNSTONE HOTEL INVESTORS INC NON_COMPLIANT 0.12% AAOIFI48.5% Usmani32.3% Dow Jones Islamic52.6% S&P Shariah52.1% MSCI Islamic32.3% MSCI Islamic M-Series52.1% FTSE Shariah32.3%
LEN LENNAR CORP NON_COMPLIANT 0.12% AAOIFI30.7% Usmani17.4% Dow Jones Islamic21.2% S&P Shariah19.8% MSCI Islamic17.4% MSCI Islamic M-Series19.8% FTSE Shariah17.4%
BX BLACKSTONE INC NON_COMPLIANT 0.11% AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7%
DLR DIGITAL REALTY TRUST INC COMPLIANT 0.11% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
INVH INVITATION HOMES INC NON_COMPLIANT 0.10% AAOIFI52.4% Usmani46.2% Dow Jones Islamic47.8% S&P Shariah46.8% MSCI Islamic46.2% MSCI Islamic M-Series46.8% FTSE Shariah46.2%
STWD STARWOOD PROPERTY TRUST INC NON_COMPLIANT 0.10% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
FIRST INDUSTRIAL REALTY TRUST INC UNSCREENED 0.08% no in-house ratios for this holding
ONE LIBERTY PROPERTIES INC UNSCREENED 0.08% no in-house ratios for this holding
HIGHWOODS PROPERTIES INC UNSCREENED 0.08% no in-house ratios for this holding
MPLX MPLX LP NON_COMPLIANT 0.08% AAOIFI42.8% Usmani60.3% Dow Jones Islamic52.4% S&P Shariah59.3% MSCI Islamic60.3% MSCI Islamic M-Series59.3% FTSE Shariah59.7%
ENTERPRISE PRODUCTS PARTNERS LP UNSCREENED 0.08% no in-house ratios for this holding
AMH AMERICAN HOMES 4 RENT NON_COMPLIANT 0.06% AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1%
PAA PLAINS ALL AMERICAN PIPELINE LP NON_COMPLIANT 0.06% AAOIFI47.6% Usmani29.6% Dow Jones Islamic68.6% S&P Shariah74.7% MSCI Islamic29.6% MSCI Islamic M-Series74.7% FTSE Shariah28.9%
CTO CTO REALTY GROWTH INC NON_COMPLIANT 0.06% AAOIFI80.6% Usmani50.0% Dow Jones Islamic115.6% S&P Shariah134.6% MSCI Islamic50.0% MSCI Islamic M-Series134.6% FTSE Shariah50.0%
CHENIERE ENERGY PARTNERS LP UNSCREENED 0.05% no in-house ratios for this holding
BLACKSTONE MORTGAGE TRUST INC UNSCREENED 0.05% no in-house ratios for this holding
PSA PUBLIC STORAGE NON_COMPLIANT 0.05% AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6%
PSA PUBLIC STORAGE NON_COMPLIANT 0.05% AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6%
IRT INDEPENDENCE REALTY TRUST INC NON_COMPLIANT 0.05% AAOIFI62.8% Usmani40.1% Dow Jones Islamic60.8% S&P Shariah64.8% MSCI Islamic40.1% MSCI Islamic M-Series64.8% FTSE Shariah40.1%
GETTY REALTY CORP UNSCREENED 0.05% no in-house ratios for this holding
LXP LXP INDUSTRIAL TRUST NON_COMPLIANT 0.04% AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4%
META META PLATFORMS INC QUESTIONABLE 0.04% AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6%
HASI HA SUSTAINABLE INFRASTRUCTURE CAPITAL INC NON_COMPLIANT 0.04% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
NET LEASE OFFICE PROPERTIES UNSCREENED 0.03% no in-house ratios for this holding
MRP MILLROSE PROPERTIES INC NON_COMPLIANT 0.02% AAOIFI50.2% Usmani25.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.5% MSCI Islamic M-Seriesfail FTSE Shariah25.5%

The published standards disagree about this fund by 38 points of portfolio weight — 41.7% of it passes AAOIFI, 4.2% 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 41.7% ratios fail on 32.6% 30.1% not rated under AAOIFI

69 of 93 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 64 (86% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
SPG SIMON PROPERTY GROUP INC 4.59%
PSA PUBLIC STORAGE 3.48%
VICI VICI PROPERTIES INC 3.14%
OHI OMEGA HEALTHCARE INVESTORS INC 3.10%
EXR EXTRA SPACE STORAGE INC 2.51%
O REALTY INCOME CORP 2.32%
STAG STAG INDUSTRIAL INC 1.96%
REG REGENCY CENTERS CORP 1.91%
GLPI GAMING AND LEISURE PROPERTIES INC 1.78%
AVB AVALONBAY COMMUNITIES INC 1.69%

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.

SOAAX (SOAAX) 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.

NON-COMPLIANT
Sharia compliance

🕌 In-house Compliance Research

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

9.268.848.427.997.572025-09-182026-03-192026-09-17

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

Support & Resistance

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.

7-day expected range
8.37 8.63
±1.56% from 8.50, made 2026-09-16 · resolves 2026-09-23
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 50858 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
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)33.40NEUTRAL
Stochastic %K (14)12.90BUY
CCI (20)-106.18BUY
Williams %R (14)-87.10BUY
MACD (12,26,9)-0.02SELL
ROC (10)-1.96SELL
Momentum (10)-0.17SELL
EMA (10)8.57SELL
SMA (10)8.58SELL
EMA (20)8.67SELL
SMA (20)8.70SELL
EMA (30)8.72SELL
SMA (30)8.76SELL
EMA (50)8.77SELL
SMA (50)8.87SELL
EMA (100)8.72SELL
SMA (100)8.81SELL
EMA (200)8.42BUY
SMA (200)8.42BUY

About SOAAX

The fund invests primarily in real estate investment trusts ("REITs") with successful track records. REITs are pooled investment vehicles which invest primarily in income-producing real estate or real estate-related loans or interests. The advisor intends to invest at least 80% of its total assets in equity REITs and the equity securities of real estate industry companies. It may also invest in mortgage-backed securities, investment-grade taxable municipal obligations, master limited partnerships ("MLPs") and short-term investments.

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

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.

Not enough price history yet for a smart-money structure read on any timeframe.

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.

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 2026-09-08 · Asset managers net 912361 (-21819)

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.