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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
XS

XSD

ETF / Fund State Street(R) SPDR(R) S&P(R) Semiconductor ETF
$505.57
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 83% of portfolio weight covered
Fund look-through

State Street(R) SPDR(R) S&P(R) Semiconductor ETF ETF · SPDR SERIES TRUST

51 holdings · as of 2026-06-30 (2.4 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 108% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 7.47% of portfolio weight is in non-compliant holdings, over the 5% threshold.

51 holdings, 41 matched (83% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.

1.98% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (40 of 51 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.

76.0% compliant 0.0% questionable 6.9% non-compliant 17.1% unscreened

All holdings (51)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
State Street Global Advisors UNSCREENED 7.94% no in-house ratios for this holding
MXL MaxLinear Inc COMPLIANT 3.75% AAOIFI2.5% Usmani18.0% Dow Jones Islamic6.0% S&P Shariah6.8% MSCI Islamic18.0% MSCI Islamic M-Series6.8% FTSE Shariah15.1%
ALGM Allegro MicroSystems Inc COMPLIANT 3.29% AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3%
ALAB Astera Labs Inc COMPLIANT 3.08% AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
AMBA Ambarella Inc COMPLIANT 2.89% AAOIFI0.5% Usmani1.6% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic1.6% MSCI Islamic M-Series0.5% FTSE Shariah0.0%
INTC Intel Corp COMPLIANT 2.75% AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0%
PENG Penguin Solutions Inc COMPLIANT 2.74% AAOIFI19.1% Usmani22.9% Dow Jones Islamic35.9% S&P Shariah38.9% MSCI Islamic22.9% MSCI Islamic M-Series38.9% FTSE Shariah20.2%
MU Micron Technology Inc COMPLIANT 2.73% AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3%
AMD Advanced Micro Devices Inc COMPLIANT 2.71% AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8%
TE T1 Energy Inc NON_COMPLIANT 2.59% AAOIFI52.2% Usmani47.4% Dow Jones Islamic95.5% S&P Shariah120.1% MSCI Islamic47.4% MSCI Islamic M-Series120.1% FTSE Shariah33.5%
MRVL Marvell Technology Inc COMPLIANT 2.49% AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0%
PI Impinj Inc COMPLIANT 2.45% AAOIFI5.1% Usmani49.9% Dow Jones Islamic6.2% S&P Shariah6.8% MSCI Islamic49.9% MSCI Islamic M-Series6.8% FTSE Shariah45.2%
LSCC Lattice Semiconductor Corp COMPLIANT 2.44% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
CRDO Credo Technology Group Holding Ltd COMPLIANT 2.41% AAOIFI0.1% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.2% MSCI Islamic0.9% MSCI Islamic M-Series0.2% FTSE Shariah0.0%
POWI Power Integrations Inc COMPLIANT 2.37% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
SiTime Corp UNSCREENED 2.36% no in-house ratios for this holding
WOLF Wolfspeed Inc NON_COMPLIANT 2.34% AAOIFI145.1% Usmani59.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.7% MSCI Islamic M-Seriesfail FTSE Shariah56.2%
DIOD Diodes Inc COMPLIANT 2.30% AAOIFI1.7% Usmani2.8% Dow Jones Islamic2.4% S&P Shariah2.3% MSCI Islamic2.8% MSCI Islamic M-Series2.3% FTSE Shariah0.9%
MTSI MACOM Technology Solutions Holdings Inc COMPLIANT 2.25% AAOIFI1.7% Usmani17.6% Dow Jones Islamic2.6% S&P Shariah3.1% MSCI Islamic16.2% MSCI Islamic M-Series3.1% FTSE Shariah15.9%
TXN Texas Instruments Inc COMPLIANT 2.22% AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2%
SMTC Semtech Corp COMPLIANT 2.20% AAOIFI3.8% Usmani36.0% Dow Jones Islamic8.0% S&P Shariah10.6% MSCI Islamic36.0% MSCI Islamic M-Series10.6% FTSE Shariah34.2%
MCHP Microchip Technology Inc COMPLIANT 2.19% AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2%
AVGO Broadcom Inc COMPLIANT 2.13% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
ADI Analog Devices Inc COMPLIANT 2.12% AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8%
SLAB Silicon Laboratories Inc COMPLIANT 2.11% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
NVDA NVIDIA Corp COMPLIANT 2.10% AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4%
Rigetti Computing Inc UNSCREENED 2.09% no in-house ratios for this holding
Universal Display Corp UNSCREENED 2.08% no in-house ratios for this holding
NXPI NXP Semiconductors NV COMPLIANT 2.07% AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1%
QRVO Qorvo Inc COMPLIANT 2.06% AAOIFI18.1% Usmani27.6% Dow Jones Islamic20.6% S&P Shariah18.7% MSCI Islamic27.6% MSCI Islamic M-Series18.7% FTSE Shariah26.6%
QCOM QUALCOMM Inc COMPLIANT 2.04% AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7%
SYNA Synaptics Inc COMPLIANT 2.03% AAOIFI22.6% Usmani41.7% Dow Jones Islamic28.1% S&P Shariah26.5% MSCI Islamic41.7% MSCI Islamic M-Series26.5% FTSE Shariah39.8%
SWKS Skyworks Solutions Inc COMPLIANT 2.03% AAOIFI6.0% Usmani9.2% Dow Jones Islamic6.4% S&P Shariah5.6% MSCI Islamic9.2% MSCI Islamic M-Series5.6% FTSE Shariah6.7%
RMBS Rambus Inc COMPLIANT 2.02% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
FSLR First Solar Inc COMPLIANT 1.99% AAOIFI0.7% Usmani1.4% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.3%
CRUS Cirrus Logic Inc COMPLIANT 1.98% AAOIFI2.4% Usmani5.1% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic5.1% MSCI Islamic M-Series2.2% FTSE Shariah0.0%
MPWR Monolithic Power Systems Inc COMPLIANT 1.97% AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
Cerebras Systems Inc UNSCREENED 1.96% no in-house ratios for this holding
AOSL Alpha & Omega Semiconductor Ltd COMPLIANT 1.87% AAOIFI4.1% Usmani3.3% Dow Jones Islamic3.4% S&P Shariah3.6% MSCI Islamic3.2% MSCI Islamic M-Series3.6% FTSE Shariah0.8%
NVTS Navitas Semiconductor Corp COMPLIANT 1.84% AAOIFI0.1% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
ON ON Semiconductor Corp COMPLIANT 1.80% AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1%
INDI indie Semiconductor Inc NON_COMPLIANT 1.59% AAOIFI51.7% Usmani51.3% Dow Jones Islamic50.6% S&P Shariah41.2% MSCI Islamic51.3% MSCI Islamic M-Series41.2% FTSE Shariah49.4%
SkyWater Technology Inc UNSCREENED 1.50% no in-house ratios for this holding
KOPN Kopin Corp COMPLIANT 1.15% AAOIFI0.1% Usmani1.1% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic1.1% MSCI Islamic M-Series0.4% FTSE Shariah0.0%
CEVA CEVA Inc NON_COMPLIANT 0.95% AAOIFI2.3% Usmani4.4% Dow Jones Islamic2.6% S&P Shariah2.8% MSCI Islamic4.4% MSCI Islamic M-Series2.8% FTSE Shariah0.0%
AMBQ Ambiq Micro Inc COMPLIANT 0.89% AAOIFI0.3% Usmani1.1% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic1.1% MSCI Islamic M-Seriesfail FTSE Shariah0.0%
MRAM Everspin Technologies Inc COMPLIANT 0.62% AAOIFI0.2% Usmani1.0% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.0% MSCI Islamic M-Series0.4% FTSE Shariah1.0%
NVE Corp UNSCREENED 0.40% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.08% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.01% no in-house ratios for this holding
State Street Global Advisors UNSCREENED 0.01% no in-house ratios for this holding

The published standards disagree about this fund by 37 points of portfolio weight — 71.9% of it passes AAOIFI, 35.1% 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 71.9% ratios fail on 11.7% 24.4% not rated under AAOIFI

41 of 51 listed holdings carry our own per-methodology verdicts (90% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (83% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
TE T1 Energy Inc 2.59%
WOLF Wolfspeed Inc 2.34%
INDI indie Semiconductor Inc 1.59%
CEVA CEVA Inc 0.95%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.
Why this signal?
Structure3 of 5 timeframes bullish · 87.0% aligned
VWAPPrice holding above VWAP ($497.41)
VolumeRelative volume 4.9× the 20-day average
Momentum10-day rate of change +1.1%

XSD (XSD) 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.

Market & analysts
Momentum (10d)
+1.1%
rate of change
SMC grade
B · 67
87.0% aligned
NON-COMPLIANT
Sharia compliance
B · 67
SMC grade — 87.0% timeframe alignment
+1.1%
Rate of change (10d)

🕌 In-house Compliance Research

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

649.49558.97468.45377.93287.402025-09-122026-03-132026-09-11

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

Support & Resistance
S3
468.27
S2
474.52
S1
482.49
PIVOT
488.74
R1
496.71
R2
502.96
R3
510.93

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
435.90 521.14
±8.91% from 478.52, made 2026-09-04 · resolves 2026-09-11
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22467 forecast(s) are currently open and will be scored automatically when their horizon expires.

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 above. 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

STRONG BUY
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesSTRONG BUY
9 buy · 0 neutral · 3 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)51.70NEUTRAL
Stochastic %K (14)90.02SELL
CCI (20)31.18NEUTRAL
Williams %R (14)-9.98SELL
MACD (12,26,9)2.54BUY
ROC (10)1.06BUY
Momentum (10)5.31BUY
EMA (10)493.36BUY
SMA (10)487.47BUY
EMA (20)497.22BUY
SMA (20)497.39BUY
EMA (30)502.96BUY
SMA (30)505.37BUY
EMA (50)510.82SELL
SMA (50)512.15SELL
EMA (100)501.79BUY
SMA (100)538.24SELL
EMA (200)440.50BUY
SMA (200)441.19BUY

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.

About XSD

In seeking to track the performance of the S&P Semiconductor Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the semiconductors segment of the S&P Total Market Index ("S&P TMI").

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

Grade verdict

Good setup, solid confluence

SMC — Top Down

TimeframeBiasBars
📅 Daily BULLISH 43
⏰ 4H BULLISH 33
🕐 1H BULLISH 98
⏱ 15-Min BEARISH 130
⏲ 5-Min BEARISH 234

Momentum & Volume

-3.43
MACD (BULLISH)

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

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.