UFOETF / FundProcure Space ETF
Verdicts genuinely change. Free email alert the moment UFO'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.
Procure Space ETF · Procure ETF Trust II
66 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 113% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 52.39% of portfolio weight is in non-compliant holdings, over the 5% threshold.
66 holdings, 46 matched (74% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
1.56% of this portfolio’s income is non-permissible — weighted across holdings, computed over 67% of portfolio weight (41 of 66 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.
27.7% compliant 0.0% questionable 46.4% non-compliant 25.8% unscreened
All holdings (66)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Mount Vernon Liquid Assets Portfolio, LLC | UNSCREENED | 12.83% | no in-house ratios for this holding |
| GRMN Garmin Ltd | COMPLIANT | 6.97% | AAOIFI0.3% Usmani1.5% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic1.5% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| TRMB Trimble Inc | COMPLIANT | 6.34% | AAOIFI10.6% Usmani17.1% Dow Jones Islamic8.8% S&P Shariah9.4% MSCI Islamic17.1% MSCI Islamic M-Series9.4% FTSE Shariah17.1% |
| VSAT Viasat Inc | NON_COMPLIANT | 6.20% | AAOIFI66.2% Usmani45.8% Dow Jones Islamic158.7% S&P Shariah186.6% MSCI Islamic45.8% MSCI Islamic M-Series186.6% FTSE Shariah42.6% |
| SIRI Sirius XM Holdings Inc | NON_COMPLIANT | 5.81% | AAOIFI96.8% Usmani34.8% Dow Jones Islamic120.6% S&P Shariah95.9% MSCI Islamic34.8% MSCI Islamic M-Series95.9% FTSE Shariah34.8% |
| ECHO EchoStar Corp | NON_COMPLIANT | 4.17% | AAOIFI70.1% Usmani44.9% Dow Jones Islamic89.9% S&P Shariah120.2% MSCI Islamic44.6% MSCI Islamic M-Series120.2% FTSE Shariah44.2% |
| AST SpaceMobile Inc | UNSCREENED | 4.04% | no in-house ratios for this holding |
| SPACEX | UNSCREENED | 3.80% | no in-house ratios for this holding |
| PL Planet Labs PBC | COMPLIANT | 3.72% | AAOIFI0.8% Usmani3.5% Dow Jones Islamic1.0% S&P Shariah1.4% MSCI Islamic3.5% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| GSAT Globalstar Inc | COMPLIANT | 3.65% | AAOIFI3.9% Usmani17.1% Dow Jones Islamic7.3% S&P Shariah8.8% MSCI Islamic17.1% MSCI Islamic M-Series8.8% FTSE Shariah14.7% |
| IRDM Iridium Communications Inc | NON_COMPLIANT | 3.65% | AAOIFI35.2% Usmani68.6% Dow Jones Islamic56.3% S&P Shariah52.1% MSCI Islamic68.6% MSCI Islamic M-Series52.1% FTSE Shariah68.6% |
| RKLB Rocket Lab Corp | COMPLIANT | 3.58% | AAOIFI0.3% Usmani2.9% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic2.5% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| RTX RTX Corp | NON_COMPLIANT | 3.31% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| MDA Space Ltd | UNSCREENED | 3.21% | no in-house ratios for this holding |
| AIR.PA Airbus SE | NON_COMPLIANT | 3.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LMT Lockheed Martin Corp | NON_COMPLIANT | 3.05% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| BA Boeing Co/The | NON_COMPLIANT | 2.79% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| HONA Honeywell Aerospace Inc | NON_COMPLIANT | 2.79% | AAOIFI32.8% Usmani83.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic83.4% MSCI Islamic M-Seriespass FTSE Shariah81.8% |
| NOC Northrop Grumman Corp | NON_COMPLIANT | 2.79% | AAOIFI23.3% Usmani33.6% Dow Jones Islamic21.9% S&P Shariah23.0% MSCI Islamic33.6% MSCI Islamic M-Series23.0% FTSE Shariah29.9% |
| LHX L3Harris Technologies Inc | NON_COMPLIANT | 2.54% | AAOIFI20.0% Usmani22.2% Dow Jones Islamic19.0% S&P Shariah20.8% MSCI Islamic22.2% MSCI Islamic M-Series20.8% FTSE Shariah22.2% |
| SESG.PA SES SA | NON_COMPLIANT | 2.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FLY Firefly Aerospace Inc | NON_COMPLIANT | 1.82% | AAOIFI0.9% Usmani2.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.9% MSCI Islamic M-Seriesfail FTSE Shariah0.5% |
| 9412.T SKY Perfect JSAT Corp | COMPLIANT | 1.50% | AAOIFI5.3% Usmani7.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.9% MSCI Islamic M-Seriespass FTSE Shariah7.9% |
| RDW Redwire Corp | COMPLIANT | 1.36% | AAOIFI3.2% Usmani4.5% Dow Jones Islamic6.0% S&P Shariah8.2% MSCI Islamic4.4% MSCI Islamic M-Series8.2% FTSE Shariah2.5% |
| LUNR Intuitive Machines Inc | NON_COMPLIANT | 1.33% | AAOIFI12.7% Usmani22.8% Dow Jones Islamic34.8% S&P Shariah45.6% MSCI Islamic22.8% MSCI Islamic M-Series45.6% FTSE Shariah17.8% |
| YSS York Space Systems Inc | NON_COMPLIANT | 1.29% | AAOIFI8.8% Usmani8.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic8.6% MSCI Islamic M-Series— FTSE Shariah7.1% |
| Hawkeye 360 Inc | UNSCREENED | 1.28% | no in-house ratios for this holding |
| ETL.PA Eutelsat Communications SACA | NON_COMPLIANT | 1.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CMCSA Comcast Corp | NON_COMPLIANT | 1.05% | AAOIFI116.3% Usmani35.1% Dow Jones Islamic144.7% S&P Shariah134.9% MSCI Islamic35.1% MSCI Islamic M-Series134.9% FTSE Shariah35.1% |
| Voyager Technologies Inc | UNSCREENED | 1.05% | no in-house ratios for this holding |
| Avio SpA | UNSCREENED | 0.88% | no in-house ratios for this holding |
| STMPA.PA STMicroelectronics NV | COMPLIANT | 0.74% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HO.PA Thales SA | NON_COMPLIANT | 0.63% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BKSY BlackSky Technology Inc | COMPLIANT | 0.60% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GILT Gilat Satellite Networks Ltd | UNRATED | 0.59% | AAOIFI1.3% Usmani1.1% Dow Jones Islamic1.1% S&P Shariah1.4% MSCI Islamic1.1% MSCI Islamic M-Series1.4% FTSE Shariah0.3% |
| LDO.MI Leonardo SpA | NON_COMPLIANT | 0.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 186A.T Astroscale Holdings Inc | NON_COMPLIANT | 0.49% | AAOIFI6.4% Usmani42.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.9% MSCI Islamic M-Seriesfail FTSE Shariah32.9% |
| FTC.L Filtronic PLC | COMPLIANT | 0.45% | AAOIFI0.7% Usmani17.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.7% MSCI Islamic M-Seriespass FTSE Shariah8.7% |
| TSAT Telesat Corp | NON_COMPLIANT | 0.43% | AAOIFI114.5% Usmani52.9% Dow Jones Islamic183.3% S&P Shariah231.4% MSCI Islamic52.9% MSCI Islamic M-Series231.4% FTSE Shariah52.9% |
| KRMN Karman Holdings Inc | NON_COMPLIANT | 0.40% | AAOIFI14.5% Usmani61.4% Dow Jones Islamic11.3% S&P Shariahpass MSCI Islamic53.4% MSCI Islamic M-Seriespass FTSE Shariah52.3% |
| First American Government Obli | UNSCREENED | 0.39% | no in-house ratios for this holding |
| QPS Holdings Inc | UNSCREENED | 0.36% | no in-house ratios for this holding |
| 290A.T Synspective Inc | COMPLIANT | 0.33% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SPIR Spire Global Inc | COMPLIANT | 0.31% | AAOIFI2.0% Usmani4.3% Dow Jones Islamic2.0% S&P Shariah2.2% MSCI Islamic4.3% MSCI Islamic M-Series2.2% FTSE Shariah0.0% |
| Satellogic Inc | UNSCREENED | 0.29% | no in-house ratios for this holding |
| 4825.T Weathernews Inc | COMPLIANT | 0.27% | AAOIFIpass Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| OVZON.ST Ovzon AB | COMPLIANT | 0.26% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Intellian Technologies Inc | UNSCREENED | 0.26% | no in-house ratios for this holding |
| OHB.DE OHB SE | COMPLIANT | 0.26% | AAOIFI8.2% Usmani23.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic20.4% MSCI Islamic M-Seriespass FTSE Shariah20.4% |
| FEIM Frequency Electronics Inc | COMPLIANT | 0.25% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 9348.T Ispace Inc/Japan | NON_COMPLIANT | 0.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Satrec Initiative Co Ltd | UNSCREENED | 0.23% | no in-house ratios for this holding |
| TOM2.AS TomTom NV | NON_COMPLIANT | 0.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SPCE Virgin Galactic Holdings Inc | NON_COMPLIANT | 0.22% | AAOIFI46.2% Usmani26.8% Dow Jones Islamic105.8% S&P Shariah68.0% MSCI Islamic26.8% MSCI Islamic M-Series68.0% FTSE Shariah26.8% |
| SIDU Sidus Space Inc | NON_COMPLIANT | 0.15% | AAOIFI0.5% Usmani0.6% Dow Jones Islamic289.3% S&P Shariah182.4% MSCI Islamic0.6% MSCI Islamic M-Series182.4% FTSE Shariah0.0% |
| GOMX.ST GomSpace Group AB | COMPLIANT | 0.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Axelspace Holdings Corp | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Starfighters Space Inc | UNSCREENED | 0.10% | no in-house ratios for this holding |
| KVH Industries Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| APT Satellite Holdings Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Innospace Co Ltd | UNSCREENED | 0.06% | no in-house ratios for this holding |
| GOGO Gogo Inc | NON_COMPLIANT | 0.04% | AAOIFI228.8% Usmani70.8% Dow Jones Islamic91.5% S&P Shariah83.4% MSCI Islamic70.8% MSCI Islamic M-Series83.4% FTSE Shariah65.6% |
| Contec Co Ltd/Korea | UNSCREENED | 0.04% | no in-house ratios for this holding |
| MNTS Momentus Inc | NON_COMPLIANT | 0.04% | AAOIFI8.4% Usmani6.1% Dow Jones Islamic32.1% S&P Shariah40.4% MSCI Islamic6.1% MSCI Islamic M-Series40.4% FTSE Shariah0.0% |
| Lumir Inc | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Comtech Telecommunications Cor | UNSCREENED | 0.01% | no in-house ratios for this holding |
The published standards disagree about this fund by 11 points of portfolio weight — 43.6% of it passes S&P Shariah, 32.8% 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 42.2% ratios fail on 36.1% 34.5% not rated under AAOIFI
ratios pass on 37.7% ratios fail on 39.7% 35.5% not rated under Usmani
ratios pass on 43.4% ratios fail on 33.4% 36.0% not rated under Dow Jones Islamic
ratios pass on 43.6% ratios fail on 33.2% 36.0% not rated under S&P Shariah
ratios pass on 32.8% ratios fail on 44.0% 36.0% not rated under MSCI Islamic
ratios pass on 43.4% ratios fail on 33.4% 36.0% not rated under MSCI Islamic M-Series
ratios pass on 40.3% ratios fail on 37.1% 35.5% not rated under FTSE Shariah
46 of 66 listed holdings carry our own per-methodology verdicts (84% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 32 (73% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| VSAT Viasat Inc | 6.20% |
| SIRI Sirius XM Holdings Inc | 5.81% |
| ECHO EchoStar Corp | 4.17% |
| IRDM Iridium Communications Inc | 3.65% |
| RTX RTX Corp | 3.31% |
| AIR.PA Airbus SE | 3.17% |
| LMT Lockheed Martin Corp | 3.05% |
| BA Boeing Co/The | 2.79% |
| HONA Honeywell Aerospace Inc | 2.79% |
| NOC Northrop Grumman Corp | 2.79% |
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.
Procure Space ETF (UFO) 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 UFO — 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) | 53.20 | NEUTRAL |
| Stochastic %K (14) | 88.87 | SELL |
| CCI (20) | 85.02 | NEUTRAL |
| Williams %R (14) | -11.13 | SELL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 2.85 | BUY |
| Momentum (10) | 1.15 | BUY |
| EMA (10) | 39.99 | BUY |
| SMA (10) | 40.20 | BUY |
| EMA (20) | 40.41 | BUY |
| SMA (20) | 40.05 | BUY |
| EMA (30) | 40.91 | BUY |
| SMA (30) | 40.91 | BUY |
| EMA (50) | 41.94 | SELL |
| SMA (50) | 41.89 | SELL |
| EMA (100) | 43.80 | SELL |
| SMA (100) | 44.13 | SELL |
| EMA (200) | 44.41 | SELL |
| SMA (200) | 47.16 | SELL |
About Procure Space ETF
The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.
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 | 42 |
| ⏰ 4H | RANGING | 35 |
| 🕐 1H | BULLISH | 98 |
| ⏱ 15-Min | BULLISH | 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.