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.
Wasatch Emerging India Fund · WASATCH FUNDS TRUST
32 holdings · as of 2026-06-30 (2.6 months ago)
NON-COMPLIANT 35.36% of portfolio weight is in non-compliant holdings, over the 5% threshold.
32 holdings, 32 matched (100% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
6.04% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (28 of 32 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.
64.7% compliant 0.0% questionable 35.3% non-compliant 0.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MAXHEALTH.BO Max Healthcare Institute Ltd | COMPLIANT | 9.40% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CARTRADE.NS Cartrade Tech Ltd | COMPLIANT | 7.33% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BAJFINANCE.NS Bajaj Finance Ltd | NON_COMPLIANT | 6.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AUBANK.NS AU Small Finance Bank Ltd | NON_COMPLIANT | 6.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FIVESTAR.NS Five-Star Business Finance Ltd | NON_COMPLIANT | 5.66% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AETHER.NS Aether Industries Ltd | COMPLIANT | 4.65% | AAOIFI2.1% Usmani14.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.3% MSCI Islamic M-Seriespass FTSE Shariah14.3% |
| DIVISLAB.NS Divi's Laboratories Ltd | COMPLIANT | 4.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | NON_COMPLIANT | 4.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MMYT MakeMyTrip Ltd | NON_COMPLIANT | 4.14% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| KFINTECH.NS Kfin Technologies Ltd | COMPLIANT | 4.14% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AVL.NS Aditya Vision Ltd | COMPLIANT | 3.89% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MEDIASSIST.NS Medi Assist Healthcare Services Ltd | COMPLIANT | 3.73% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| POLYMED.BO Poly Medicure Ltd | COMPLIANT | 3.71% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ELGIEQUIP.NS Elgi Equipments Ltd | COMPLIANT | 2.62% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| KRN.NS KRN Heat Exchanger And Refrigeration Ltd | COMPLIANT | 2.60% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HDFCBANK.NS HDFC Bank Ltd | NON_COMPLIANT | 2.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NUVAMA.NS Nuvama Wealth Management Ltd | NON_COMPLIANT | 2.32% | AAOIFI36.3% Usmani33.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.5% MSCI Islamic M-Seriesfail FTSE Shariah33.5% |
| ASTRAL.NS Astral Ltd | COMPLIANT | 2.17% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TRENT.NS Trent Ltd | COMPLIANT | 2.04% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PRUDENT.NS Prudent Corporate Advisory Services Ltd | COMPLIANT | 1.94% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LENSKART.NS Lenskart Solutions Ltd | COMPLIANT | 1.80% | AAOIFI2.8% Usmani41.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic21.5% MSCI Islamic M-Seriespass FTSE Shariah21.5% |
| KOTAKBANK.NS Kotak Mahindra Bank Ltd | NON_COMPLIANT | 1.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ACE.NS Action Construction Equipment Ltd | COMPLIANT | 1.71% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| POLYCAB.NS Polycab India Ltd | COMPLIANT | 1.70% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| SOLARINDS.NS Solar Industries India Ltd | COMPLIANT | 1.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ACUTAAS.NS Acutaas Chemicals Ltd | COMPLIANT | 1.42% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| AZAD.NS Azad Engineering Ltd | COMPLIANT | 1.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ETERNAL.NS Eternal Ltd | COMPLIANT | 1.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GROWW.NS Billionbrains Garage Ventures Ltd | NON_COMPLIANT | 1.00% | AAOIFI0.2% Usmani1.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.6% MSCI Islamic M-Seriesfail FTSE Shariah1.6% |
| POLICYBZR.NS PB Fintech Ltd | NON_COMPLIANT | 0.96% | AAOIFI0.4% Usmani8.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.1% MSCI Islamic M-Seriesfail FTSE Shariah4.1% |
| VIJAYA.NS Vijaya Diagnostic Centre Ltd | COMPLIANT | 0.90% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CMSINFO.NS CMS Info Systems Ltd | COMPLIANT | 0.81% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
The published standards disagree about this fund by 31 points of portfolio weight — 69.0% of it passes AAOIFI, 37.7% 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 69.0% ratios fail on 31.2% 0.0% not rated under AAOIFI
ratios pass on 46.9% ratios fail on 53.3% 0.0% not rated under Usmani
ratios pass on 69.0% ratios fail on 31.2% 0.0% not rated under Dow Jones Islamic
ratios pass on 69.0% ratios fail on 31.2% 0.0% not rated under S&P Shariah
ratios pass on 37.7% ratios fail on 62.5% 0.0% not rated under MSCI Islamic
ratios pass on 69.0% ratios fail on 31.2% 0.0% not rated under MSCI Islamic M-Series
ratios pass on 51.7% ratios fail on 48.5% 0.0% not rated under FTSE Shariah
32 of 32 listed holdings carry our own per-methodology verdicts (100% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 6 (15% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BAJFINANCE.NS Bajaj Finance Ltd | 6.41% |
| AUBANK.NS AU Small Finance Bank Ltd | 6.33% |
| FIVESTAR.NS Five-Star Business Finance Ltd | 5.66% |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | 4.18% |
| MMYT MakeMyTrip Ltd | 4.14% |
| HDFCBANK.NS HDFC Bank Ltd | 2.59% |
| NUVAMA.NS Nuvama Wealth Management Ltd | 2.32% |
| KOTAKBANK.NS Kotak Mahindra Bank Ltd | 1.75% |
| GROWW.NS Billionbrains Garage Ventures Ltd | 1.00% |
| POLICYBZR.NS PB Fintech Ltd | 0.96% |
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.
WIINX (WIINX) 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.
Computing the full ratio and business-activity breakdown for WIINX — 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
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 36.50 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -266.15 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.03 | SELL |
| ROC (10) | -3.63 | SELL |
| Momentum (10) | -0.16 | SELL |
| EMA (10) | 4.36 | SELL |
| SMA (10) | 4.38 | SELL |
| EMA (20) | 4.38 | SELL |
| SMA (20) | 4.40 | SELL |
| EMA (30) | 4.37 | SELL |
| SMA (30) | 4.39 | SELL |
| EMA (50) | 4.32 | SELL |
| SMA (50) | 4.34 | SELL |
| EMA (100) | 4.22 | BUY |
| SMA (100) | 4.16 | BUY |
| EMA (200) | 4.19 | BUY |
| SMA (200) | 4.07 | BUY |
The fund invests primarily in companies tied economically to India. It will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in the equity securities, typically common stock, of companies of all market capitalizations tied economically to India. It may invest a large percentage of its assets in a few sectors. These sectors were financials, health care, industrials, information technology, consumer discretionary, and materials. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.
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 2026-09-08 · Asset managers net 912361 (-21819)
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.