Verdicts genuinely change. Free email alert the moment TOAO's does — no target price to set, unlike "Alert" above.
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.
Twin Oak Active Opportunities III ETF · RBB Fund Trust
48 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 117% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED 7% of this fund's gross exposure is short across 10 positions. Our look-through asks what a fund owns and whether owning it is permissible; a short position is not ownership but an obligation to deliver something the fund does not hold, so a verdict computed as though this were a long-only portfolio would not describe it. The holdings are listed below, with the short positions marked.
48 holdings, 25 matched (86% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
1.38% of this portfolio’s income is non-permissible — weighted across holdings, computed over 84% of portfolio weight (24 of 48 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.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN Amazon.com Inc | QUESTIONABLE | 7.82% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| CRWD Crowdstrike Holdings Inc | COMPLIANT | 7.18% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| AVGO Broadcom Inc | COMPLIANT | 7.14% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| NVDA NVIDIA Corp | COMPLIANT | 6.11% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| ASML ASML Holding NV | COMPLIANT | 6.08% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| GOOG Alphabet Inc | QUESTIONABLE | 5.46% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| MSFT Microsoft Corp | QUESTIONABLE | 5.05% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| SMT.L Scottish Mortgage Investment T | COMPLIANT | 5.02% | AAOIFI9.9% Usmani10.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic10.4% MSCI Islamic M-Series— FTSE Shariah10.4% |
| SAFRY Safran SA | COMPLIANT | 4.81% | AAOIFI3.9% Usmani9.9% Dow Jones Islamic19.4% S&P Shariah22.2% MSCI Islamic8.6% MSCI Islamic M-Series22.2% FTSE Shariah8.6% |
| AMD Advanced Micro Devices Inc | COMPLIANT | 4.54% | AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8% |
| AIR.PA Airbus SE | NON_COMPLIANT | 4.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TSM TSMC | COMPLIANT | 4.14% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| META Meta Platforms Inc | QUESTIONABLE | 3.93% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| SHOP Shopify Inc | COMPLIANT | 3.93% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| NET Cloudflare Inc | NON_COMPLIANT | 3.89% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| MELI MercadoLibre Inc | COMPLIANT | 3.47% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| SCHW Charles Schwab Corp/The | NON_COMPLIANT | 3.37% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| GEV GE Vernova Inc | COMPLIANT | 3.20% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| NU Holdings Ltd/Cayman Islands | UNSCREENED | 2.55% | no in-house ratios for this holding |
| Moody's Corp | UNSCREENED | 2.53% | no in-house ratios for this holding |
| V Visa Inc | COMPLIANT | 2.52% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| N/A | UNSCREENED | 2.34% | no in-house ratios for this holding |
| ANET Arista Networks Inc | COMPLIANT | 2.24% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SPGI S&P Global Inc | COMPLIANT | 2.14% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| UBER Uber Technologies Inc | COMPLIANT | 1.87% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| N/A | UNSCREENED | 1.66% | no in-house ratios for this holding |
| UNH UnitedHealth Group Inc | NON_COMPLIANT | 1.25% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| N/A | UNSCREENED | 1.07% | no in-house ratios for this holding |
| NOW ServiceNow Inc | COMPLIANT | 0.98% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| N/A | UNSCREENED | 0.91% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.81% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.74% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.72% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.52% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.33% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.32% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.31% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.31% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.28% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.21% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.19% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.19% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.18% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.17% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.14% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.13% | no in-house ratios for this holding |
| U.S. Bank Money Market Deposit Account | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BA Boeing Co/The | NON_COMPLIANT | 0.02% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
The published standards disagree about this fund by 29 points of portfolio weight — 86.6% of it passes AAOIFI, 57.4% 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 86.6% ratios fail on 11.8% 18.9% not rated under AAOIFI
ratios pass on 62.9% ratios fail on 23.6% 30.8% not rated under Usmani
ratios pass on 76.8% ratios fail on 16.6% 24.0% not rated under Dow Jones Islamic
ratios pass on 76.8% ratios fail on 16.6% 24.0% not rated under S&P Shariah
ratios pass on 57.4% ratios fail on 23.6% 36.2% not rated under MSCI Islamic
ratios pass on 76.8% ratios fail on 16.6% 24.0% not rated under MSCI Islamic M-Series
ratios pass on 62.9% ratios fail on 23.6% 30.8% not rated under FTSE Shariah
25 of 48 listed holdings carry our own per-methodology verdicts (101% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (94% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Computing the full ratio and business-activity breakdown for TOAO — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Not enough completed daily bars to compute pivots.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 42.00 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -134.24 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.06 | SELL |
| ROC (10) | -1.38 | SELL |
| Momentum (10) | -0.38 | SELL |
| EMA (10) | 27.52 | SELL |
| SMA (10) | 27.69 | SELL |
| EMA (20) | 27.50 | SELL |
| SMA (20) | 27.54 | SELL |
| EMA (30) | 27.44 | SELL |
| SMA (30) | 27.40 | SELL |
| EMA (50) | 27.28 | SELL |
| SMA (50) | 27.37 | SELL |
| EMA (100) | 26.78 | BUY |
| SMA (100) | 26.83 | BUY |
| EMA (200) | 26.57 | BUY |
The fund is an actively managed exchange-traded fund (“ETF”) whose investment objective is to seek long-term capital appreciation. The fund seeks to achieve its investment objective by investing in equity securities (e.g. common and preferred stock) of small, medium, and large companies and fixed-income securities such as government or corporate bonds issued by a variety of entities. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 42 |
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.
Still fetching the volume profile — 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.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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 2026-10-13 · Asset managers net 915835 (+9220)
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.