UCONETF / FundFirst Trust Smith Unconstrained Bond ETF
Verdicts genuinely change. Free email alert the moment UCON's does — no target price to set, unlike a price alert.
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.
First Trust Smith Unconstrained Bond ETF ETF · First Trust Exchange-Traded Fund VIII
438 holdings · as of 2026-08-31 (2.4 months ago)
NON-COMPLIANT At least 57.66% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 37% turns out to be. Matching more holdings can only raise this share, never lower it.
30.50% of that is conventional interest-bearing debt, 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.
438 holdings, 238 matched (62% of weight). Portfolio as of 2026-08-31, filed 2026-10-21. Source: SEC Form N-PORT.
4.90% of this portfolio’s income is non-permissible — weighted across holdings, computed over 22% of portfolio weight (111 of 438 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.
All holdings (438) · showing 1–250
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.90% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.33% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.21% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.05% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.03% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.88% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.60% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.43% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.23% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.91% | no in-house ratios for this holding |
| ALBERTSONS COMPANIES INC / SAFEWAY INC / NEW ALBERTSONS LP / ALBERTSONS LLC | UNSCREENED | 0.83% | no in-house ratios for this holding |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.82% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.74% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.73% | no in-house ratios for this holding |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.69% | no in-house ratios for this holding |
| BA BOEING COMPANY (THE) | NON_COMPLIANT | 0.68% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| Federal National Mortgage Association | NON_COMPLIANT | 0.63% | no in-house ratios for this holding |
| AMNEAL PHARMACEUTICALS LLC | UNSCREENED | 0.62% | no in-house ratios for this holding |
| GIL.TO GILDAN ACTIVEWEAR INC | NON_COMPLIANT | 0.60% | AAOIFI43.5% Usmani41.2% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic41.2% MSCI Islamic M-Series39.9% FTSE Shariah41.2% |
| HILCORP ENERGY I LP / HILCORP FINANCE CO | UNSCREENED | 0.59% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.59% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| MERIDIAN ARC HOLDCO LLC | UNSCREENED | 0.57% | no in-house ratios for this holding |
| PERMIAN RESOURCES OPERATING LLC | UNSCREENED | 0.56% | no in-house ratios for this holding |
| Fnma Pass-Thru I | NON_COMPLIANT | 0.51% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.51% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| FIRST CITIZENS BANCSHARES INC | UNSCREENED | 0.51% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.50% | no in-house ratios for this holding |
| CRWD CROWDSTRIKE HOLDINGS INC | COMPLIANT | 0.49% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| VFC V.F. CORP | NON_COMPLIANT | 0.49% | AAOIFI83.1% Usmani53.5% Dow Jones Islamic75.7% S&P Shariah78.7% MSCI Islamic53.5% MSCI Islamic M-Series78.7% FTSE Shariah37.9% |
| Raising Cane's Restaurants | UNSCREENED | 0.49% | no in-house ratios for this holding |
| PARAMOUNT GLOBAL | UNSCREENED | 0.49% | no in-house ratios for this holding |
| MBGL MOBILITY GLOBAL INC | NON_COMPLIANT | 0.49% | AAOIFI34.3% Usmani15.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic15.4% MSCI Islamic M-Series— FTSE Shariah15.2% |
| KENNEDY-WILSON INC | UNSCREENED | 0.49% | no in-house ratios for this holding |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 0.49% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| CELANESE US HOLDINGS LLC | UNSCREENED | 0.47% | no in-house ratios for this holding |
| AUGUSTA SPINCO CORP | UNSCREENED | 0.47% | no in-house ratios for this holding |
| TransDigm | UNSCREENED | 0.47% | no in-house ratios for this holding |
| AEP AMERICAN ELECTRIC POWER COMPANY INC | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ACUSHNET COMPANY | UNSCREENED | 0.47% | no in-house ratios for this holding |
| BA BOEING COMPANY (THE) | NON_COMPLIANT | 0.47% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.46% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.46% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| SNPS SYNOPSYS INC | COMPLIANT | 0.45% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| STELLANTIS FINANCIAL SERVICES US CORP | UNSCREENED | 0.44% | no in-house ratios for this holding |
| AS MILEAGE PLAN IP LTD | UNSCREENED | 0.44% | no in-house ratios for this holding |
| CCL CARNIVAL CORP LTD | NON_COMPLIANT | 0.43% | AAOIFI72.6% Usmani50.6% Dow Jones Islamic82.0% S&P Shariah96.0% MSCI Islamic50.6% MSCI Islamic M-Series96.0% FTSE Shariah48.2% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.42% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.41% | no in-house ratios for this holding |
| GALAXY HELIOS DATA CENTERS II LLC | UNSCREENED | 0.40% | no in-house ratios for this holding |
| APLD COMPUTECO LLC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| NXST NEXSTAR MEDIA GROUP INC | NON_COMPLIANT | 0.39% | AAOIFI221.8% Usmani68.2% Dow Jones Islamic222.7% S&P Shariah230.8% MSCI Islamic68.2% MSCI Islamic M-Series230.8% FTSE Shariah66.3% |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.39% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| Federal National Mortgage Association | NON_COMPLIANT | 0.39% | no in-house ratios for this holding |
| BLACK PEARL COMPUTE LLC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.38% | no in-house ratios for this holding |
| NUSTAR LOGISTICS LP | UNSCREENED | 0.38% | no in-house ratios for this holding |
| SBAC SBA COMMUNICATIONS CORP | NON_COMPLIANT | 0.38% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | UNSCREENED | 0.37% | no in-house ratios for this holding |
| EFN.TO ELEMENT FLEET MANAGEMENT CORP | NON_COMPLIANT | 0.37% | AAOIFI129.7% Usmani69.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic69.7% MSCI Islamic M-Series— FTSE Shariah69.7% |
| EPC EDGEWELL PERSONAL CARE COMPANY | NON_COMPLIANT | 0.36% | AAOIFI93.6% Usmani35.2% Dow Jones Islamic103.2% S&P Shariah89.1% MSCI Islamic35.2% MSCI Islamic M-Series89.1% FTSE Shariah35.2% |
| US BANCORP | UNSCREENED | 0.36% | no in-house ratios for this holding |
| MATCH GROUP HOLDINGS II LLC | UNSCREENED | 0.35% | no in-house ratios for this holding |
| SEADRILL FINANCE LTD | UNSCREENED | 0.35% | no in-house ratios for this holding |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.35% | no in-house ratios for this holding |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP | UNSCREENED | 0.34% | no in-house ratios for this holding |
| US BANCORP | UNSCREENED | 0.34% | no in-house ratios for this holding |
| GAP GAP INC (THE) | NON_COMPLIANT | 0.34% | AAOIFI72.6% Usmani44.5% Dow Jones Islamic69.2% S&P Shariah73.2% MSCI Islamic44.5% MSCI Islamic M-Series73.2% FTSE Shariah11.6% |
| CCL CARNIVAL CORP LTD | NON_COMPLIANT | 0.34% | AAOIFI72.6% Usmani50.6% Dow Jones Islamic82.0% S&P Shariah96.0% MSCI Islamic50.6% MSCI Islamic M-Series96.0% FTSE Shariah48.2% |
| GFL GFL ENVIRONMENTAL INC | NON_COMPLIANT | 0.34% | AAOIFI27.6% Usmani38.5% Dow Jones Islamic29.0% S&P Shariah31.0% MSCI Islamic38.5% MSCI Islamic M-Series31.0% FTSE Shariah38.5% |
| FLUTTER TREASURY DAC | UNSCREENED | 0.34% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.34% | no in-house ratios for this holding |
| ALLISON TRANSMISSION INC | UNSCREENED | 0.34% | no in-house ratios for this holding |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | UNSCREENED | 0.34% | no in-house ratios for this holding |
| BUCKEYE PARTNERS LP | UNSCREENED | 0.33% | no in-house ratios for this holding |
| PNC PNC FINANCIAL SERVICES GROUP INC (THE) | NON_COMPLIANT | 0.33% | AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9% |
| CLEVELAND-CLIFFS INC | UNSCREENED | 0.33% | no in-house ratios for this holding |
| GIL.TO GILDAN ACTIVEWEAR INC | NON_COMPLIANT | 0.33% | AAOIFI43.5% Usmani41.2% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic41.2% MSCI Islamic M-Series39.9% FTSE Shariah41.2% |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 0.33% | no in-house ratios for this holding |
| PNFP PINNACLE FINANCIAL PARTNERS INC | NON_COMPLIANT | 0.32% | AAOIFI16.1% Usmani1.9% Dow Jones Islamic27.2% S&P Shariah30.6% MSCI Islamic1.9% MSCI Islamic M-Series30.6% FTSE Shariah1.9% |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.31% | no in-house ratios for this holding |
| NXST NEXSTAR MEDIA GROUP INC | NON_COMPLIANT | 0.31% | AAOIFI221.8% Usmani68.2% Dow Jones Islamic222.7% S&P Shariah230.8% MSCI Islamic68.2% MSCI Islamic M-Series230.8% FTSE Shariah66.3% |
| FIS FIDELITY NATIONAL INFORMATION SERVICES INC | NON_COMPLIANT | 0.30% | AAOIFI78.8% Usmani38.6% Dow Jones Islamic50.4% S&P Shariah49.4% MSCI Islamic38.6% MSCI Islamic M-Series49.4% FTSE Shariah38.4% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.30% | no in-house ratios for this holding |
| STINGRAY COMPUTE LLC | UNSCREENED | 0.30% | no in-house ratios for this holding |
| SPACE EXPLORATION TECHNOLOGIES CORP | UNSCREENED | 0.30% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.30% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.30% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.30% | no in-house ratios for this holding |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.29% | no in-house ratios for this holding |
| Federal National Mortgage Association | NON_COMPLIANT | 0.29% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC (THE) | NON_COMPLIANT | 0.29% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| 1011778 B.C. ULC / NEW RED FINANCE INC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.28% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| ET ENERGY TRANSFER LP | NON_COMPLIANT | 0.27% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| Fnma Pass-Thru I | NON_COMPLIANT | 0.27% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.27% | no in-house ratios for this holding |
| UBSG.SW UBS GROUP AG | NON_COMPLIANT | 0.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 0.26% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| SM SM ENERGY COMPANY | NON_COMPLIANT | 0.26% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MACY'S RETAIL HOLDINGS LLC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.26% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.26% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| BRIGHTSTAR LOTTERY PLC / BRIGHTSTAR GLOBAL SOLUTIONS CORP | UNSCREENED | 0.26% | no in-house ratios for this holding |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION OPERATING CAPITAL CORP | UNSCREENED | 0.26% | no in-house ratios for this holding |
| BOOZ ALLEN HAMILTON INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| GENMAB A/S / GENMAB FINANCE LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| CONSTELLATION ENERGY GENERATION LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.25% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 0.25% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| NEPTUNE BIDCO US INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| LEIDOS INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| PETSMART LLC / PETSMART FINANCE CORP | UNSCREENED | 0.25% | no in-house ratios for this holding |
| GENERAL MOTORS FINANCIAL COMPANY INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 0.25% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 0.25% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| TRANSDIGM INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| KSS KOHL'S CORP | NON_COMPLIANT | 0.25% | AAOIFI183.9% Usmani44.5% Dow Jones Islamic249.6% S&P Shariah219.6% MSCI Islamic30.1% MSCI Islamic M-Series219.6% FTSE Shariah9.9% |
| VVV VALVOLINE INC | NON_COMPLIANT | 0.25% | AAOIFI49.7% Usmani58.5% Dow Jones Islamic44.0% S&P Shariah42.7% MSCI Islamic58.5% MSCI Islamic M-Series42.7% FTSE Shariah47.6% |
| CROCS INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 0.24% | no in-house ratios for this holding |
| ASCENT RESOURCES UTICA HOLDINGS LLC/ARU FINANCE CORP | UNSCREENED | 0.24% | no in-house ratios for this holding |
| EQPT EQUIPMENTSHARE.COM INC | NON_COMPLIANT | 0.24% | AAOIFI89.5% Usmani65.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic62.0% MSCI Islamic M-Seriesfail FTSE Shariah51.1% |
| PETSMART LLC / PETSMART FINANCE CORP | UNSCREENED | 0.24% | no in-house ratios for this holding |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| MGM MGM RESORTS INTERNATIONAL | NON_COMPLIANT | 0.24% | AAOIFI288.8% Usmani75.7% Dow Jones Islamic297.5% S&P Shariah266.6% MSCI Islamic75.2% MSCI Islamic M-Series266.6% FTSE Shariah15.2% |
| CZR Caesars Entertainment Inc | NON_COMPLIANT | 0.24% | AAOIFI193.4% Usmani78.3% Dow Jones Islamic192.1% S&P Shariah165.8% MSCI Islamic36.9% MSCI Islamic M-Series165.8% FTSE Shariah36.9% |
| VICI VICI PROPERTIES LP | NON_COMPLIANT | 0.24% | AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1% |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| FLS FLOWSERVE CORP | COMPLIANT | 0.24% | AAOIFI23.8% Usmani36.7% Dow Jones Islamic28.9% S&P Shariah32.3% MSCI Islamic36.7% MSCI Islamic M-Series32.3% FTSE Shariah33.8% |
| CONSTELLATION ENERGY GENERATION LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| Fnma Pass-Thru I | NON_COMPLIANT | 0.24% | no in-house ratios for this holding |
| BLUE RACER MIDSTREAM LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| UAL UNITED AIRLINES HOLDINGS INC | NON_COMPLIANT | 0.24% | AAOIFI93.1% Usmani39.8% Dow Jones Islamic109.0% S&P Shariah132.3% MSCI Islamic39.8% MSCI Islamic M-Series132.3% FTSE Shariah31.3% |
| HUT 8 DC LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| UNITED AIRLINES INC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| DISCOVERY COMMUNICATIONS LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| SOLV SOLVENTUM CORP | NON_COMPLIANT | 0.24% | AAOIFI32.5% Usmani37.1% Dow Jones Islamic39.6% S&P Shariah41.1% MSCI Islamic35.7% MSCI Islamic M-Series41.1% FTSE Shariah35.7% |
| MACY'S RETAIL HOLDINGS LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| 2222.SR SAUDI ARABIAN OIL COMPANY | COMPLIANT | 0.24% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| SM SM ENERGY COMPANY | NON_COMPLIANT | 0.24% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| RTX RTX CORP | NON_COMPLIANT | 0.24% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| SOPAIPILLA INVESTOR LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| BAKER HUGHES HOLDINGS LLC / BAKER HUGHES CO-OBLIGOR INC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| VIKING CRUISES LTD | UNSCREENED | 0.23% | no in-house ratios for this holding |
| SNPS SYNOPSYS INC | COMPLIANT | 0.23% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| FICO FAIR ISAAC CORP | COMPLIANT | 0.23% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| GS GOLDMAN SACHS GROUP INC (THE) | NON_COMPLIANT | 0.23% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 0.23% | no in-house ratios for this holding |
| FMCC Federal Home Loan Mortgage Corp. | NON_COMPLIANT | 0.23% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| STATION CASINOS LLC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| CSGP COSTAR GROUP INC | QUESTIONABLE | 0.23% | AAOIFI9.1% Usmani11.4% Dow Jones Islamic4.2% S&P Shariah3.9% MSCI Islamic11.3% MSCI Islamic M-Series3.9% FTSE Shariah9.8% |
| PENN PENN ENTERTAINMENT INC | NON_COMPLIANT | 0.23% | AAOIFI294.9% Usmani62.1% Dow Jones Islamic263.4% S&P Shariah245.6% MSCI Islamic47.5% MSCI Islamic M-Series245.6% FTSE Shariah19.7% |
| AAP ADVANCE AUTO PARTS INC | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| VSP OPTICAL GROUP INC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| FORD MOTOR CREDIT COMPANY LLC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| Authentic Brands | UNSCREENED | 0.23% | no in-house ratios for this holding |
| CHDN CHURCHILL DOWNS INC | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VFC V.F. CORP | NON_COMPLIANT | 0.23% | AAOIFI83.1% Usmani53.5% Dow Jones Islamic75.7% S&P Shariah78.7% MSCI Islamic53.5% MSCI Islamic M-Series78.7% FTSE Shariah37.9% |
| MATCH GROUP HOLDINGS II LLC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| GM GENERAL MOTORS COMPANY | NON_COMPLIANT | 0.22% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Chobani | UNSCREENED | 0.22% | no in-house ratios for this holding |
| COREWEAVE INC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| MATCH GROUP HOLDINGS II LLC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| KNTK KINETIK HOLDINGS LP | NON_COMPLIANT | 0.22% | AAOIFI43.0% Usmani55.5% Dow Jones Islamic56.5% S&P Shariah62.5% MSCI Islamic55.5% MSCI Islamic M-Series62.5% FTSE Shariah54.8% |
| VIPER ENERGY PARTNERS LLC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| GOOG ALPHABET INC | QUESTIONABLE | 0.22% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| HILCORP ENERGY I LP / HILCORP FINANCE CO | UNSCREENED | 0.22% | no in-house ratios for this holding |
| AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP | UNSCREENED | 0.22% | no in-house ratios for this holding |
| MTDR MATADOR RESOURCES COMPANY | NON_COMPLIANT | 0.21% | AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2% |
| FISV FISERV INC | NON_COMPLIANT | 0.21% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| NEPTUNE BIDCO US INC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.21% | no in-house ratios for this holding |
| OTEX OPEN TEXT CORP | NON_COMPLIANT | 0.21% | AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0% |
| UAA UNDER ARMOUR INC | NON_COMPLIANT | 0.21% | AAOIFI61.8% Usmani33.6% Dow Jones Islamic49.4% S&P Shariah47.3% MSCI Islamic33.6% MSCI Islamic M-Series47.3% FTSE Shariah14.4% |
| BAKER HUGHES HOLDINGS LLC / BAKER HUGHES CO-OBLIGOR INC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| EQPT EQUIPMENTSHARE.COM INC | NON_COMPLIANT | 0.21% | AAOIFI89.5% Usmani65.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic62.0% MSCI Islamic M-Seriesfail FTSE Shariah51.1% |
| BAYVIEW COMMERCIAL ASSET TRUST | UNSCREENED | 0.20% | no in-house ratios for this holding |
| SIRIUS XM RADIO LLC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| ALASKA AIRLINES INC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.20% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.20% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| VISTRA OPERATIONS COMPANY LLC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| CONSTELLATION ENERGY GENERATION LLC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| MBC MASTERBRAND INC | NON_COMPLIANT | 0.19% | AAOIFI84.0% Usmani31.1% Dow Jones Islamic87.6% S&P Shariah82.2% MSCI Islamic31.1% MSCI Islamic M-Series82.2% FTSE Shariah24.4% |
| ECL ECOLAB INC | COMPLIANT | 0.19% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| GENESIS ENERGY LP / GENESIS ENERGY FINANCE CORP | UNSCREENED | 0.19% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.19% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| GOODYEAR TIRE & RUBBER COMPANY | UNSCREENED | 0.19% | no in-house ratios for this holding |
| HRI HERC HOLDINGS INC | NON_COMPLIANT | 0.19% | AAOIFI200.8% Usmani69.0% Dow Jones Islamic211.0% S&P Shariah223.1% MSCI Islamic69.0% MSCI Islamic M-Series223.1% FTSE Shariah57.7% |
| HQY HEALTHEQUITY INC | COMPLIANT | 0.19% | AAOIFI12.2% Usmani29.7% Dow Jones Islamic12.2% S&P Shariah13.0% MSCI Islamic29.7% MSCI Islamic M-Series13.0% FTSE Shariah28.5% |
| GM GENERAL MOTORS COMPANY | 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% |
| Amneal Pharmaceuticals | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Q QNITY ELECTRONICS INC | COMPLIANT | 0.18% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| Q QNITY ELECTRONICS INC | COMPLIANT | 0.18% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| BXHPP TRUST 2021-FILM | UNSCREENED | 0.18% | no in-house ratios for this holding |
| EFN.TO ELEMENT FLEET MANAGEMENT CORP | NON_COMPLIANT | 0.18% | AAOIFI129.7% Usmani69.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic69.7% MSCI Islamic M-Series— FTSE Shariah69.7% |
| PENN PENN ENTERTAINMENT INC | NON_COMPLIANT | 0.18% | AAOIFI294.9% Usmani62.1% Dow Jones Islamic263.4% S&P Shariah245.6% MSCI Islamic47.5% MSCI Islamic M-Series245.6% FTSE Shariah19.7% |
| LSEG US FIN CORP | UNSCREENED | 0.18% | no in-house ratios for this holding |
| PACIFICORP | UNSCREENED | 0.17% | no in-house ratios for this holding |
| ESAB ESAB CORP | NON_COMPLIANT | 0.17% | AAOIFI54.5% Usmani38.7% Dow Jones Islamic37.4% S&P Shariah40.1% MSCI Islamic38.7% MSCI Islamic M-Series40.1% FTSE Shariah36.5% |
| UBSG.SW UBS GROUP AG | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PNC PNC FINANCIAL SERVICES GROUP INC (THE) | NON_COMPLIANT | 0.17% | AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9% |
| FIS FIDELITY NATIONAL INFORMATION SERVICES INC | NON_COMPLIANT | 0.17% | AAOIFI78.8% Usmani38.6% Dow Jones Islamic50.4% S&P Shariah49.4% MSCI Islamic38.6% MSCI Islamic M-Series49.4% FTSE Shariah38.4% |
| TFC TRUIST FINANCIAL CORP | NON_COMPLIANT | 0.16% | AAOIFI110.7% Usmani12.6% Dow Jones Islamic124.2% S&P Shariah135.1% MSCI Islamic12.6% MSCI Islamic M-Series135.1% FTSE Shariah12.6% |
| PERMIAN RESOURCES OPERATING LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2023-1 | UNSCREENED | 0.16% | no in-house ratios for this holding |
| DOLP TRUST 2021-NYC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 0.16% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| Federal National Mortgage Association | NON_COMPLIANT | 0.16% | no in-house ratios for this holding |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.16% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| AS MILEAGE PLAN IP LTD | UNSCREENED | 0.16% | no in-house ratios for this holding |
| XEL XCEL ENERGY INC | NON_COMPLIANT | 0.16% | AAOIFI82.6% Usmani47.8% Dow Jones Islamic94.9% S&P Shariah105.9% MSCI Islamic46.3% MSCI Islamic M-Series105.9% FTSE Shariah45.3% |
| ROL ROLLINS INC | COMPLIANT | 0.16% | AAOIFI6.5% Usmani33.2% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic33.2% MSCI Islamic M-Series4.7% FTSE Shariah21.0% |
| SWORD PURCHASER LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| UNIVISION COMMUNICATIONS INC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| Government National Mortgage Association | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| MEDLINE BORROWER LP / MEDLINE CO-ISSUER INC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC (THE) | NON_COMPLIANT | 0.15% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| KEY KEYCORP | NON_COMPLIANT | 0.15% | AAOIFI47.1% Usmani5.7% Dow Jones Islamic56.9% S&P Shariah65.9% MSCI Islamic5.7% MSCI Islamic M-Series65.9% FTSE Shariah5.7% |
| SANTANDER HOLDINGS USA INC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| GVA GRANITE CONSTRUCTION INC | NON_COMPLIANT | 0.15% | AAOIFI33.2% Usmani36.3% Dow Jones Islamic37.9% S&P Shariah45.5% MSCI Islamic36.3% MSCI Islamic M-Series45.5% FTSE Shariah32.6% |
| FIS FIDELITY NATIONAL INFORMATION SERVICES INC | NON_COMPLIANT | 0.15% | AAOIFI78.8% Usmani38.6% Dow Jones Islamic50.4% S&P Shariah49.4% MSCI Islamic38.6% MSCI Islamic M-Series49.4% FTSE Shariah38.4% |
| MBGL MOBILITY GLOBAL INC | NON_COMPLIANT | 0.15% | AAOIFI34.3% Usmani15.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic15.4% MSCI Islamic M-Series— FTSE Shariah15.2% |
| 2222.SR SAUDI ARABIAN OIL COMPANY | COMPLIANT | 0.15% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| COREWEAVE INC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| C CITIGROUP INC | NON_COMPLIANT | 0.15% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.15% | no in-house ratios for this holding |
| HONA HONEYWELL AEROSPACE INC | NON_COMPLIANT | 0.15% | AAOIFI32.8% Usmani83.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic83.4% MSCI Islamic M-Seriespass FTSE Shariah81.8% |
| ET ENERGY TRANSFER LP | NON_COMPLIANT | 0.15% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| ORCL ORACLE CORP | NON_COMPLIANT | 0.15% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| LEIDOS INC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 0.15% | no in-house ratios for this holding |
| PNC PNC FINANCIAL SERVICES GROUP INC (THE) | NON_COMPLIANT | 0.14% | AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9% |
| QXO BUILDING PRODUCTS INC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| FLO FLOWERS FOODS INC | NON_COMPLIANT | 0.14% | AAOIFI150.7% Usmani47.9% Dow Jones Islamic71.4% S&P Shariah61.7% MSCI Islamic47.9% MSCI Islamic M-Series61.7% FTSE Shariah40.3% |
| C CITIGROUP INC | NON_COMPLIANT | 0.14% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| GLP CAPITAL LP / GLP FINANCING II INC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| BMRN BioMarin Pharmaceutical, Inc. | NON_COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CELANESE US HOLDINGS LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Fnma Pass-Thru I | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| CIM TRUST 2020-R6 | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Fnma Pass-Thru I | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| PR RNO PROPERTY OWNER 1 LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| STT STATE STREET CORP | NON_COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.14% | no in-house ratios for this holding |
The published standards disagree about this fund by 2 points of portfolio weight — 7.6% of it passes FTSE Shariah, 5.5% passes AAOIFI. 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 5.5% ratios fail on 25.2% 68.4% not rated under AAOIFI
ratios pass on 5.9% ratios fail on 20.6% 72.4% not rated under Usmani
ratios pass on 5.8% ratios fail on 23.7% 69.4% not rated under Dow Jones Islamic
ratios pass on 5.5% ratios fail on 23.5% 69.9% not rated under S&P Shariah
ratios pass on 6.1% ratios fail on 20.3% 72.5% not rated under MSCI Islamic
ratios pass on 5.5% ratios fail on 24.0% 69.4% not rated under MSCI Islamic M-Series
ratios pass on 7.6% ratios fail on 18.9% 72.4% not rated under FTSE Shariah
93 of 438 listed holdings carry our own per-methodology verdicts (31% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 85 (29% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.90% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.33% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.21% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.05% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.03% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.88% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.60% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.43% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.23% |
| Federal National Mortgage Association | 0.91% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
First Trust Smith Unconstrained Bond ETF (UCON) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for UCON — 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
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 45.20 | NEUTRAL |
| Stochastic %K (14) | 20.50 | NEUTRAL |
| CCI (20) | 0.93 | NEUTRAL |
| Williams %R (14) | -79.50 | NEUTRAL |
| MACD (12,26,9) | 0.00 | BUY |
| ROC (10) | -0.38 | SELL |
| Momentum (10) | -0.09 | SELL |
| EMA (10) | 24.02 | SELL |
| SMA (10) | 24.05 | SELL |
| EMA (20) | 23.99 | SELL |
| SMA (20) | 23.97 | SELL |
| EMA (30) | 23.98 | SELL |
| SMA (30) | 23.90 | BUY |
| EMA (50) | 24.01 | SELL |
| SMA (50) | 23.96 | SELL |
| EMA (100) | 24.10 | SELL |
| SMA (100) | 24.17 | SELL |
| EMA (200) | 24.17 | SELL |
| SMA (200) | 24.25 | SELL |
About First Trust Smith Unconstrained Bond ETF
Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. It may invest a significant portion of its assets in securitized investment products, including up to 50% of its net assets in each of asset-backed securities, residential mortgage-backed securities and commercial mortgage-backed securities.
Background via Yahoo Finance — informational, not part of the 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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 44 |
| ⏰ 4H | BEARISH | 36 |
| 🕐 1H | RANGING | 98 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | BEARISH | 234 |
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 2026-11-03 · Asset managers net 928584 (+5135)
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.