Verdicts genuinely change. Free email alert the moment AFGIX's does — no target price to set, unlike "Alert" above.
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.
Alger Global Equity Fund
42 holdings
NON-COMPLIANT 30.81% of portfolio weight is in non-compliant holdings, over the 5% threshold.
4.13% 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.
42 holdings, 39 matched (95% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
2.60% of this portfolio’s income is non-permissible — weighted across holdings, computed over 77% of portfolio weight (32 of 42 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.
50.1% compliant 14.1% questionable 30.7% non-compliant 5.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN AMAZON.COM INC | QUESTIONABLE | 5.27% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| NVDA NVIDIA CORP | COMPLIANT | 4.16% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| Dreyfus Treasury Obligations Cash Management | NON_COMPLIANT | 4.13% | no in-house ratios for this holding |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 4.12% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| AVGO BROADCOM INC | COMPLIANT | 3.93% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| GEV GE VERNOVA INC | COMPLIANT | 3.75% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| 6501.T HITACHI LTD | COMPLIANT | 3.65% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| CCH.L COCA-COLA HBC AG | COMPLIANT | 3.42% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CAH CARDINAL HEALTH INC | COMPLIANT | 3.14% | AAOIFI17.8% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah28.7% MSCI Islamic17.4% MSCI Islamic M-Series28.7% FTSE Shariah15.5% |
| ADI ANALOG DEVICES INC | COMPLIANT | 3.05% | AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8% |
| IDR.MC INDRA SISTEMAS SA | NON_COMPLIANT | 2.95% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FBK.MI FINECOBANK BANCA FINECO SPA | NON_COMPLIANT | 2.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 2.82% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| BWX TECHNOLOGIES INC | UNSCREENED | 2.79% | no in-house ratios for this holding |
| HSBA.L HSBC HOLDINGS PLC | NON_COMPLIANT | 2.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8411.T MIZUHO FINANCIAL GROUP INC | NON_COMPLIANT | 2.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| META META PLATFORMS INC | QUESTIONABLE | 2.52% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| WMT WALMART INC | QUESTIONABLE | 2.52% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| KOG.OL KONGSBERG GRUPPEN ASA | NON_COMPLIANT | 2.44% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VST VISTRA CORP | NON_COMPLIANT | 2.36% | AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0% |
| CABK.MC CAIXABANK SA | NON_COMPLIANT | 2.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 2.33% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| OTP.BD OTP BANK NYRT | NON_COMPLIANT | 2.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NFLX NETFLIX INC | QUESTIONABLE | 2.15% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| NU NU HOLDINGS LTD | NON_COMPLIANT | 2.09% | AAOIFI2.5% Usmani3.5% Dow Jones Islamic2.6% S&P Shariah2.8% MSCI Islamic3.5% MSCI Islamic M-Series2.8% FTSE Shariah3.5% |
| GALDY GALDERMA GROUP AG | COMPLIANT | 2.01% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ENSG ENSIGN GROUP INC (THE) | COMPLIANT | 1.86% | AAOIFI22.6% Usmani39.1% Dow Jones Islamic24.0% S&P Shariah26.7% MSCI Islamic39.1% MSCI Islamic M-Series26.7% FTSE Shariah2.4% |
| SHOP SHOPIFY INC | COMPLIANT | 1.74% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| DSGX DESCARTES SYSTEMS GROUP INC (THE) | COMPLIANT | 1.71% | AAOIFI0.1% Usmani0.4% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.4% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| TTWO TAKE-TWO INTERACTIVE SOFTWARE INC | QUESTIONABLE | 1.69% | AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9% |
| FTAI FTAI AVIATION LTD | COMPLIANT | 1.69% | AAOIFI17.1% Usmani76.9% Dow Jones Islamic19.5% S&P Shariah24.8% MSCI Islamic76.9% MSCI Islamic M-Series24.8% FTSE Shariah76.9% |
| ISRG INTUITIVE SURGICAL INC | COMPLIANT | 1.67% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| 267260.KS HD HYUNDAI ELECTRIC CO LTD | COMPLIANT | 1.40% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| UCB.BR UCB SA | COMPLIANT | 1.30% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4091.T NIPPON SANSO HOLDINGS CORP | NON_COMPLIANT | 1.24% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NEBIUS GROUP NV | UNSCREENED | 1.21% | no in-house ratios for this holding |
| MDB MONGODB INC | COMPLIANT | 1.12% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| BESIY BE SEMICONDUCTOR INDUSTRIES NV | COMPLIANT | 1.08% | AAOIFI3.2% Usmani48.1% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic46.8% MSCI Islamic M-Series4.7% FTSE Shariah46.8% |
| 000660.KS SK HYNIX INC | COMPLIANT | 1.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SPACE EXPLORATION TECHNOLOGIES CORP | UNSCREENED | 1.07% | no in-house ratios for this holding |
| 5016.T JX ADVANCED METALS CORP | COMPLIANT | 1.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 300308.SZ ZHONGJI INNOLIGHT CO LTD | COMPLIANT | 1.04% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
The published standards disagree about this fund by 23 points of portfolio weight — 61.2% of it passes AAOIFI, 38.5% 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 61.2% ratios fail on 23.9% 15.2% not rated under AAOIFI
ratios pass on 45.7% ratios fail on 39.3% 15.2% not rated under Usmani
ratios pass on 58.1% ratios fail on 27.0% 15.2% not rated under Dow Jones Islamic
ratios pass on 61.2% ratios fail on 23.9% 15.2% not rated under S&P Shariah
ratios pass on 38.5% ratios fail on 46.5% 15.2% not rated under MSCI Islamic
ratios pass on 58.1% ratios fail on 27.0% 15.2% not rated under MSCI Islamic M-Series
ratios pass on 47.6% ratios fail on 37.5% 15.2% not rated under FTSE Shariah
38 of 42 listed holdings carry our own per-methodology verdicts (91% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 22 (57% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| Dreyfus Treasury Obligations Cash Management | 4.13% |
| IDR.MC INDRA SISTEMAS SA | 2.95% |
| FBK.MI FINECOBANK BANCA FINECO SPA | 2.89% |
| HWM HOWMET AEROSPACE INC | 2.82% |
| HSBA.L HSBC HOLDINGS PLC | 2.67% |
| 8411.T MIZUHO FINANCIAL GROUP INC | 2.60% |
| KOG.OL KONGSBERG GRUPPEN ASA | 2.44% |
| VST VISTRA CORP | 2.36% |
| CABK.MC CAIXABANK SA | 2.33% |
| OTP.BD OTP BANK NYRT | 2.29% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Alger Global Equity Fund (AFGIX) 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.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| AMZNAMAZON.COM INC | 5.27% | Questionable |
| NVDANVIDIA CORP | 4.16% | Compliant |
| Dreyfus Treasury Obligations Cash Managementnot matched to a ticker | 4.13% | Non-compliant |
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 4.12% | Compliant |
| AVGOBROADCOM INC | 3.93% | Compliant |
| GEVGE VERNOVA INC | 3.75% | Compliant |
| 6501.THITACHI LTD | 3.65% | Compliant |
| CCH.LCOCA-COLA HBC AG | 3.42% | Compliant |
| CAHCARDINAL HEALTH INC | 3.14% | Compliant |
| ADIANALOG DEVICES INC | 3.05% | Compliant |
Top 10 of 42 holdings, 38.6% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for AFGIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
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) | 40.40 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -183.82 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | -1.34 | SELL |
| Momentum (10) | -0.37 | SELL |
| EMA (10) | 27.69 | SELL |
| SMA (10) | 27.75 | SELL |
| EMA (20) | 27.78 | SELL |
| SMA (20) | 27.80 | SELL |
| EMA (30) | 27.86 | SELL |
| SMA (30) | 27.80 | SELL |
| EMA (50) | 28.00 | SELL |
| SMA (50) | 28.16 | SELL |
| EMA (100) | 28.11 | SELL |
| SMA (100) | 28.42 | SELL |
| EMA (200) | 27.84 | SELL |
| SMA (200) | 28.01 | SELL |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.
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.