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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
ZG

ZGFIX

ETF / Fund American Beacon Ninety One Global Franchise Fund
$19.06
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 91% of portfolio weight covered
Fund look-through

American Beacon Ninety One Global Franchise Fund · AMERICAN BEACON FUNDS

30 holdings · as of 2026-05-31 (3.4 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

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 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 18.65% of portfolio weight is in non-compliant holdings, over the 5% threshold.

30 holdings, 26 matched (91% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.

1.65% of this portfolio’s income is non-permissible — weighted across holdings, computed over 86% of portfolio weight (24 of 30 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.

59.8% compliant 13.0% questionable 18.5% non-compliant 8.8% unscreened

All holdings (30)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
ASML ASML Holding NV COMPLIANT 9.63% AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7%
V Visa Inc COMPLIANT 8.33% AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2%
GOOG Alphabet Inc QUESTIONABLE 7.41% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
PM Philip Morris International Inc NON_COMPLIANT 5.90% AAOIFI16.1% Usmani66.9% Dow Jones Islamic18.9% S&P Shariah22.1% MSCI Islamic66.9% MSCI Islamic M-Series22.1% FTSE Shariah66.9%
MSFT Microsoft Corp QUESTIONABLE 5.54% AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3%
BKNG Booking Holdings Inc COMPLIANT 4.46% AAOIFI14.2% Usmani69.7% Dow Jones Islamic13.3% S&P Shariah14.5% MSCI Islamic69.7% MSCI Islamic M-Series14.5% FTSE Shariah68.0%
LSEG.L London Stock Exchange Group PLC NON_COMPLIANT 3.93% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Electronic Arts Inc UNSCREENED 3.91% no in-house ratios for this holding
NTES NetEase Inc NON_COMPLIANT 3.81% AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2%
RO.SW Roche Holding AG COMPLIANT 3.47% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
JNJ Johnson & Johnson COMPLIANT 3.35% AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4%
ADSK Autodesk Inc COMPLIANT 3.12% AAOIFI8.4% Usmani28.7% Dow Jones Islamic6.4% S&P Shariah6.7% MSCI Islamic28.7% MSCI Islamic M-Series6.7% FTSE Shariah26.9%
MRSH Marsh & McLennan Cos Inc NON_COMPLIANT 3.07% AAOIFI24.1% Usmani35.8% Dow Jones Islamic22.1% S&P Shariah22.2% MSCI Islamic35.8% MSCI Islamic M-Series22.2% FTSE Shariah32.7%
MC.PA LVMH Moet Hennessy Louis Vuitton SE COMPLIANT 2.97% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
INTU Intuit Inc COMPLIANT 2.94% AAOIFI9.8% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8%
EW Edwards Lifesciences Corp COMPLIANT 2.92% AAOIFI1.4% Usmani5.1% Dow Jones Islamic1.5% S&P Shariah1.5% MSCI Islamic5.1% MSCI Islamic M-Series1.5% FTSE Shariah4.3%
MSI Motorola Solutions Inc COMPLIANT 2.61% AAOIFI12.4% Usmani50.0% Dow Jones Islamic13.4% S&P Shariah14.5% MSCI Islamic50.0% MSCI Islamic M-Series14.5% FTSE Shariah46.9%
MNST Monster Beverage Corp COMPLIANT 2.45% AAOIFI0.2% Usmani1.7% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.7% MSCI Islamic M-Series0.3% FTSE Shariah1.7%
VRSN VeriSign Inc COMPLIANT 2.32% AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
BEI.DE Beiersdorf AG COMPLIANT 2.31% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass
American Beacon U.S. Government Money Market UNSCREENED 2.30% no in-house ratios for this holding
ADP Automatic Data Processing Inc COMPLIANT 2.05% AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9%
1299.HK AIA Group Ltd NON_COMPLIANT 1.95% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Moody's Corp UNSCREENED 1.79% no in-house ratios for this holding
ALGN Align Technology Inc COMPLIANT 1.78% AAOIFI1.1% Usmani1.9% Dow Jones Islamic0.9% S&P Shariah0.8% MSCI Islamic1.9% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
SPGI S&P Global Inc COMPLIANT 1.73% AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9%
CHKP Check Point Software Technologies Ltd COMPLIANT 1.65% AAOIFI14.3% Usmani25.7% Dow Jones Islamic10.1% S&P Shariah10.5% MSCI Islamic25.7% MSCI Islamic M-Series10.5% FTSE Shariah25.3%
FDS FactSet Research Systems Inc COMPLIANT 1.25% AAOIFI14.6% Usmani37.5% Dow Jones Islamic12.1% S&P Shariah11.2% MSCI Islamic37.5% MSCI Islamic M-Series11.2% FTSE Shariah33.2%
STJ.L St James's Place PLC COMPLIANT 0.93% AAOIFI7.6% Usmani0.2% Dow Jones Islamic S&P Shariah MSCI Islamic0.2% MSCI Islamic M-Series FTSE Shariah0.2%
American Beacon U.S. Government Money Market UNSCREENED 0.89% no in-house ratios for this holding

The published standards disagree about this fund by 36 points of portfolio weight — 77.2% of it passes Dow Jones Islamic, 41.7% 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 74.3% ratios fail on 9.7% 16.8% not rated under AAOIFI

26 of 30 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 21 (77% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
PM Philip Morris International Inc 5.90%
LSEG.L London Stock Exchange Group PLC 3.93%
NTES NetEase Inc 3.81%
MRSH Marsh & McLennan Cos Inc 3.07%
1299.HK AIA Group Ltd 1.95%

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.

ZGFIX (ZGFIX) 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.

NON-COMPLIANT
Sharia compliance

🕌 In-house Compliance Research

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

20.2819.5118.7317.9617.182025-09-122026-03-132026-09-11

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

Support & Resistance

This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.

Price Forecast

7-day expected range
19.3712 20.1688
±2.02% from 19.77, made 2026-09-04 · resolves 2026-09-11
BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22347 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 SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
3 buy · 0 neutral · 9 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)35.20NEUTRAL
Stochastic %K (14)4.69BUY
CCI (20)-150.65BUY
Williams %R (14)-95.31BUY
MACD (12,26,9)-0.15SELL
ROC (10)-5.17SELL
Momentum (10)-1.04SELL
EMA (10)19.43SELL
SMA (10)19.54SELL
EMA (20)19.60SELL
SMA (20)19.78SELL
EMA (30)19.60SELL
SMA (30)19.81SELL
EMA (50)19.47SELL
SMA (50)19.53SELL
EMA (100)19.17SELL
SMA (100)18.99BUY
EMA (200)19.00BUY
SMA (200)18.85BUY

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 ZGFIX

Under normal circumstances, the Adviser seeks to achieve the fund's investment objective by investing primarily in common stocks of large capitalization companies that the Adviser believes have rare and exceptional qualities that create enduring competitive advantages and strong global brands or franchises. The fund invests in at least three countries, including the U.S., and invests at least 40% of its total assets in securities of non-U.S. companies. It is non-diversified.

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

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

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.