ANEWETF / FundProShares MSCI Transformational Changes ETF
Verdicts genuinely change. Free email alert the moment ANEW'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.
ProShares MSCI Transformational Changes ETF · ProShares Trust
148 holdings
NON-COMPLIANT 23.33% of portfolio weight is in non-compliant holdings, over the 5% threshold.
148 holdings, 116 matched (91% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
1.45% of this portfolio’s income is non-permissible — weighted across holdings, computed over 87% of portfolio weight (111 of 148 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.
56.1% compliant 11.2% questionable 23.3% non-compliant 9.4% unscreened
All holdings (148)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GOOG Alphabet, Inc. | QUESTIONABLE | 2.64% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| AVGO Broadcom, Inc. | COMPLIANT | 2.51% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| CDNS Cadence Design Systems, Inc. | COMPLIANT | 2.37% | AAOIFI0.3% Usmani1.9% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.9% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CTVA Corteva, Inc. | COMPLIANT | 2.35% | AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0% |
| IFF International Flavors & Fragrances, Inc. | NON_COMPLIANT | 2.32% | AAOIFI26.5% Usmani23.0% Dow Jones Islamic29.7% S&P Shariah29.3% MSCI Islamic23.0% MSCI Islamic M-Series29.3% FTSE Shariah22.7% |
| RO.SW Roche Holding AG | COMPLIANT | 2.30% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AAPL Apple, Inc. | COMPLIANT | 2.27% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| NTR Nutrien Ltd. | NON_COMPLIANT | 2.27% | AAOIFI20.8% Usmani18.9% Dow Jones Islamic29.2% S&P Shariah31.1% MSCI Islamic18.9% MSCI Islamic M-Series31.1% FTSE Shariah18.9% |
| DE Deere & Co. | NON_COMPLIANT | 2.25% | AAOIFI9.1% Usmani15.9% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic15.9% MSCI Islamic M-Series13.8% FTSE Shariah15.9% |
| AMZN Amazon.com, Inc. | QUESTIONABLE | 2.21% | 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 | 2.17% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| LLY Eli Lilly & Co. | COMPLIANT | 2.16% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| SY1.DE Symrise AG | COMPLIANT | 2.15% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| META Meta Platforms, Inc. | QUESTIONABLE | 2.07% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| DHER.DE Delivery Hero SE | NON_COMPLIANT | 2.03% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EW Edwards Lifesciences Corp. | COMPLIANT | 2.01% | AAOIFI1.4% Usmani5.1% Dow Jones Islamic1.5% S&P Shariah1.5% MSCI Islamic5.1% MSCI Islamic M-Series1.5% FTSE Shariah4.3% |
| Electronic Arts, Inc. | UNSCREENED | 1.94% | no in-house ratios for this holding |
| ABBV AbbVie, Inc. | COMPLIANT | 1.86% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KRYAF Kerry Group plc | COMPLIANT | 1.83% | AAOIFI19.7% Usmani25.3% Dow Jones Islamic20.6% S&P Shariah21.5% MSCI Islamic24.3% MSCI Islamic M-Series21.5% FTSE Shariah24.3% |
| MSFT Microsoft Corp. | QUESTIONABLE | 1.75% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| AGCO Corp. | UNSCREENED | 1.73% | no in-house ratios for this holding |
| DHR Danaher Corp. | COMPLIANT | 1.66% | AAOIFI18.2% Usmani28.8% Dow Jones Islamic17.7% S&P Shariah16.7% MSCI Islamic28.8% MSCI Islamic M-Series16.7% FTSE Shariah28.8% |
| DASH DoorDash, Inc. | COMPLIANT | 1.62% | AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9% |
| CNH Industrial NV | UNSCREENED | 1.53% | no in-house ratios for this holding |
| BDX Becton Dickinson & Co. | NON_COMPLIANT | 1.53% | AAOIFI33.4% Usmani33.1% Dow Jones Islamic30.8% S&P Shariah28.7% MSCI Islamic33.1% MSCI Islamic M-Series28.7% FTSE Shariah33.1% |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 1.52% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| NFLX Netflix, Inc. | QUESTIONABLE | 1.48% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| ISRG Intuitive Surgical, Inc. | COMPLIANT | 1.48% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NPN.JO Naspers Ltd. | NON_COMPLIANT | 1.44% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MKC McCormick & Co., Inc. | NON_COMPLIANT | 1.43% | AAOIFI25.8% Usmani21.9% Dow Jones Islamic20.4% S&P Shariah20.4% MSCI Islamic21.9% MSCI Islamic M-Series20.4% FTSE Shariah21.9% |
| ABT Abbott Laboratories | COMPLIANT | 1.32% | AAOIFI19.2% Usmani31.9% Dow Jones Islamic17.6% S&P Shariah18.3% MSCI Islamic31.9% MSCI Islamic M-Series18.3% FTSE Shariah30.8% |
| 0700.HK Tencent Holdings Ltd. | COMPLIANT | 1.28% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SE Sea Ltd. | COMPLIANT | 1.26% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| RMD ResMed, Inc. | COMPLIANT | 1.17% | AAOIFI2.6% Usmani9.2% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic9.2% MSCI Islamic M-Series2.6% FTSE Shariah7.4% |
| AMD Advanced Micro Devices, Inc. | COMPLIANT | 1.10% | AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8% |
| ILMN Illumina, Inc. | COMPLIANT | 1.06% | AAOIFI1.6% Usmani8.1% Dow Jones Islamic2.7% S&P Shariah2.7% MSCI Islamic8.1% MSCI Islamic M-Series2.7% FTSE Shariah0.0% |
| MU Micron Technology, Inc. | COMPLIANT | 1.04% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| Sprouts Farmers Market, Inc. | UNSCREENED | 1.02% | no in-house ratios for this holding |
| SXT Sensient Technologies Corp. | COMPLIANT | 1.00% | AAOIFI13.4% Usmani32.2% Dow Jones Islamic19.2% S&P Shariah21.4% MSCI Islamic32.2% MSCI Islamic M-Series21.4% FTSE Shariah32.2% |
| 7974.T Nintendo Co. Ltd. | COMPLIANT | 0.99% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BSX Boston Scientific Corp. | COMPLIANT | 0.92% | AAOIFI19.4% Usmani27.9% Dow Jones Islamic10.0% S&P Shariah10.9% MSCI Islamic27.9% MSCI Islamic M-Series10.9% FTSE Shariah27.9% |
| DGX Quest Diagnostics, Inc. | COMPLIANT | 0.92% | AAOIFI24.4% Usmani37.7% Dow Jones Islamic32.1% S&P Shariah35.4% MSCI Islamic37.7% MSCI Islamic M-Series35.4% FTSE Shariah33.3% |
| V Visa, Inc. | COMPLIANT | 0.91% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| 2454.TW MediaTek, Inc. | COMPLIANT | 0.73% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| UPL.BO UPL Ltd. | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MA Mastercard, Inc. | COMPLIANT | 0.69% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| DOCN DigitalOcean Holdings, Inc. | COMPLIANT | 0.68% | AAOIFI9.5% Usmani58.0% Dow Jones Islamic23.7% S&P Shariah28.5% MSCI Islamic44.8% MSCI Islamic M-Series28.5% FTSE Shariah29.5% |
| CSCO Cisco Systems, Inc. | COMPLIANT | 0.64% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| HUT Hut 8 Corp. | NON_COMPLIANT | 0.63% | AAOIFI3.8% Usmani4.4% Dow Jones Islamic9.3% S&P Shariah12.7% MSCI Islamic4.4% MSCI Islamic M-Series12.7% FTSE Shariah4.1% |
| INVESCO GOVT AND AGCY LEX | UNSCREENED | 0.63% | no in-house ratios for this holding |
| ORCL Oracle Corp. | NON_COMPLIANT | 0.60% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| PANW Palo Alto Networks, Inc. | COMPLIANT | 0.58% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic1.6% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| EBAY eBay, Inc. | COMPLIANT | 0.57% | AAOIFI13.9% Usmani35.6% Dow Jones Islamic16.9% S&P Shariah19.4% MSCI Islamic35.6% MSCI Islamic M-Series19.4% FTSE Shariah33.4% |
| WBD Warner Bros Discovery, Inc. | NON_COMPLIANT | 0.56% | AAOIFI52.5% Usmani34.5% Dow Jones Islamic75.7% S&P Shariah90.3% MSCI Islamic34.5% MSCI Islamic M-Series90.3% FTSE Shariah34.5% |
| WAT Waters Corp. | COMPLIANT | 0.54% | AAOIFI14.1% Usmani21.2% Dow Jones Islamic21.2% S&P Shariah23.3% MSCI Islamic21.2% MSCI Islamic M-Series23.3% FTSE Shariah19.7% |
| Nebius Group NV | UNSCREENED | 0.52% | no in-house ratios for this holding |
| International Games System Co. Ltd. | UNSCREENED | 0.46% | no in-house ratios for this holding |
| SMTC Semtech Corp. | COMPLIANT | 0.45% | AAOIFI3.8% Usmani36.0% Dow Jones Islamic8.0% S&P Shariah10.6% MSCI Islamic36.0% MSCI Islamic M-Series10.6% FTSE Shariah34.2% |
| IBM International Business Machines Corp. | NON_COMPLIANT | 0.45% | AAOIFI29.5% Usmani42.9% Dow Jones Islamic28.2% S&P Shariah32.2% MSCI Islamic42.9% MSCI Islamic M-Series32.2% FTSE Shariah40.8% |
| WULF Terawulf, Inc. | NON_COMPLIANT | 0.43% | AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6% |
| TTWO Take-Two Interactive Software, Inc. | QUESTIONABLE | 0.43% | AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9% |
| APLD Applied Digital Corp. | NON_COMPLIANT | 0.38% | AAOIFI1.0% Usmani0.9% Dow Jones Islamic1.1% S&P Shariah1.5% MSCI Islamic0.5% MSCI Islamic M-Series1.5% FTSE Shariah0.0% |
| QCOM QUALCOMM, Inc. | COMPLIANT | 0.38% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| 9684.T Square Enix Holdings Co. Ltd. | COMPLIANT | 0.37% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| REA.AX REA Group Ltd. | COMPLIANT | 0.37% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CGNX Cognex Corp. | COMPLIANT | 0.37% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SLAB Silicon Laboratories, Inc. | COMPLIANT | 0.36% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PLTR Palantir Technologies, Inc. | QUESTIONABLE | 0.36% | AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| DKNG DraftKings, Inc. | NON_COMPLIANT | 0.36% | AAOIFI11.2% Usmani31.4% Dow Jones Islamic7.9% S&P Shariah7.7% MSCI Islamic31.4% MSCI Islamic M-Series7.7% FTSE Shariah29.5% |
| GH Guardant Health, Inc. | COMPLIANT | 0.35% | AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6% |
| AKAM Akamai Technologies, Inc. | NON_COMPLIANT | 0.35% | AAOIFI74.5% Usmani62.0% Dow Jones Islamic67.0% S&P Shariah64.0% MSCI Islamic62.0% MSCI Islamic M-Series64.0% FTSE Shariah50.2% |
| Core Scientific, Inc. | UNSCREENED | 0.35% | no in-house ratios for this holding |
| FFIV F5, Inc. | COMPLIANT | 0.34% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PINS Pinterest, Inc. | QUESTIONABLE | 0.34% | AAOIFI1.9% Usmani4.5% Dow Jones Islamic1.4% S&P Shariah1.3% MSCI Islamic4.5% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| NTAP NetApp, Inc. | COMPLIANT | 0.33% | AAOIFI7.4% Usmani25.0% Dow Jones Islamic11.7% S&P Shariah13.3% MSCI Islamic25.0% MSCI Islamic M-Series13.3% FTSE Shariah22.7% |
| TFX Teleflex, Inc. | NON_COMPLIANT | 0.31% | AAOIFI50.9% Usmani44.0% Dow Jones Islamic46.9% S&P Shariah39.1% MSCI Islamic44.0% MSCI Islamic M-Series39.1% FTSE Shariah41.4% |
| IONQ IonQ, Inc. | NON_COMPLIANT | 0.30% | AAOIFI0.3% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic0.8% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| 1024.HK Kuaishou Technology | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| RVTY Revvity, Inc. | COMPLIANT | 0.30% | AAOIFI23.1% Usmani27.9% Dow Jones Islamic27.9% S&P Shariah27.2% MSCI Islamic27.9% MSCI Islamic M-Series27.2% FTSE Shariah26.7% |
| CLSK Cleanspark, Inc. | NON_COMPLIANT | 0.29% | AAOIFI54.6% Usmani65.9% Dow Jones Islamic56.9% S&P Shariah61.3% MSCI Islamic65.9% MSCI Islamic M-Series61.3% FTSE Shariah65.9% |
| Cipher Digital, Inc. | UNSCREENED | 0.29% | no in-house ratios for this holding |
| SNAP Snap, Inc. | NON_COMPLIANT | 0.29% | AAOIFI46.0% Usmani56.6% Dow Jones Islamic31.4% S&P Shariah26.2% MSCI Islamic56.6% MSCI Islamic M-Series26.2% FTSE Shariah47.3% |
| CRSP CRISPR Therapeutics AG | NON_COMPLIANT | 0.29% | AAOIFI15.5% Usmani29.6% Dow Jones Islamic17.0% S&P Shariah16.8% MSCI Islamic29.6% MSCI Islamic M-Series16.8% FTSE Shariah22.1% |
| CRWD Crowdstrike Holdings, Inc. | COMPLIANT | 0.28% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| HSIC Henry Schein, Inc. | NON_COMPLIANT | 0.28% | AAOIFI36.7% Usmani32.3% Dow Jones Islamic41.6% S&P Shariah41.0% MSCI Islamic32.3% MSCI Islamic M-Series41.0% FTSE Shariah29.2% |
| ANET Arista Networks, Inc. | COMPLIANT | 0.28% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| 0780.HK Tongcheng Travel Holdings Ltd. | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GSAT Globalstar, Inc. | COMPLIANT | 0.28% | AAOIFI3.9% Usmani17.1% Dow Jones Islamic7.3% S&P Shariah8.8% MSCI Islamic17.1% MSCI Islamic M-Series8.8% FTSE Shariah14.7% |
| FROG JFrog Ltd. | COMPLIANT | 0.27% | AAOIFI0.1% Usmani1.0% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.0% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CoreWeave, Inc. | UNSCREENED | 0.27% | no in-house ratios for this holding |
| SAP SAP SE | COMPLIANT | 0.27% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| 6273.T SMC Corp. | COMPLIANT | 0.26% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ICUI ICU Medical, Inc. | NON_COMPLIANT | 0.26% | AAOIFI32.0% Usmani32.4% Dow Jones Islamic35.8% S&P Shariah38.7% MSCI Islamic32.3% MSCI Islamic M-Series38.7% FTSE Shariah31.0% |
| GMED Globus Medical, Inc. | COMPLIANT | 0.26% | AAOIFI1.1% Usmani2.0% Dow Jones Islamic1.1% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah0.0% |
| 0136.HK China Ruyi Holdings Ltd. | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MDGL Madrigal Pharmaceuticals, Inc. | COMPLIANT | 0.25% | AAOIFI2.8% Usmani27.9% Dow Jones Islamic3.8% S&P Shariah4.6% MSCI Islamic27.9% MSCI Islamic M-Series4.6% FTSE Shariah27.4% |
| KVYO Klaviyo, Inc. | COMPLIANT | 0.25% | AAOIFI2.2% Usmani8.2% Dow Jones Islamic1.3% S&P Shariah1.3% MSCI Islamic8.2% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| QBTS D-Wave Quantum, Inc. | NON_COMPLIANT | 0.24% | AAOIFI0.8% Usmani4.1% Dow Jones Islamic0.9% S&P Shariah1.4% MSCI Islamic4.1% MSCI Islamic M-Series1.4% FTSE Shariah3.0% |
| SEK.AX SEEK Ltd. | COMPLIANT | 0.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NET Cloudflare, Inc. | NON_COMPLIANT | 0.23% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| RBRK Rubrik, Inc. | COMPLIANT | 0.23% | AAOIFI5.9% Usmani40.4% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic40.4% MSCI Islamic M-Seriespass FTSE Shariah39.8% |
| 9698.HK GDS Holdings Ltd. | NON_COMPLIANT | 0.22% | AAOIFI100.6% Usmani70.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.4% MSCI Islamic M-Seriesfail FTSE Shariah59.4% |
| MARA MARA Holdings, Inc. | NON_COMPLIANT | 0.21% | AAOIFI59.2% Usmani56.7% Dow Jones Islamic48.0% S&P Shariah50.6% MSCI Islamic56.6% MSCI Islamic M-Series50.6% FTSE Shariah55.6% |
| QGEN QIAGEN NV | COMPLIANT | 0.21% | AAOIFI20.8% Usmani28.9% Dow Jones Islamic18.9% S&P Shariah18.9% MSCI Islamic28.9% MSCI Islamic M-Series18.9% FTSE Shariah26.3% |
| AJBU.SI Keppel DC REIT | NON_COMPLIANT | 0.21% | AAOIFI42.9% Usmani35.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.7% MSCI Islamic M-Seriesfail FTSE Shariah34.7% |
| VRNS Varonis Systems, Inc. | NON_COMPLIANT | 0.20% | AAOIFI9.4% Usmani31.9% Dow Jones Islamic11.0% S&P Shariah10.7% MSCI Islamic31.9% MSCI Islamic M-Series10.7% FTSE Shariah27.3% |
| GEN Gen Digital, Inc. | NON_COMPLIANT | 0.20% | AAOIFI44.3% Usmani52.6% Dow Jones Islamic51.3% S&P Shariah54.5% MSCI Islamic52.6% MSCI Islamic M-Series54.5% FTSE Shariah52.1% |
| MEDP Medpace Holdings, Inc. | COMPLIANT | 0.20% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariah— |
| CVLT Commvault Systems, Inc. | COMPLIANT | 0.20% | AAOIFI16.2% Usmani48.5% Dow Jones Islamic14.5% S&P Shariah16.3% MSCI Islamic48.5% MSCI Islamic M-Series16.3% FTSE Shariah46.7% |
| Rigetti Computing, Inc. | UNSCREENED | 0.19% | no in-house ratios for this holding |
| FDS FactSet Research Systems, Inc. | COMPLIANT | 0.19% | AAOIFI14.6% Usmani37.5% Dow Jones Islamic12.1% S&P Shariah11.2% MSCI Islamic37.5% MSCI Islamic M-Series11.2% FTSE Shariah33.2% |
| TEM Tempus AI, Inc. | COMPLIANT | 0.19% | AAOIFI0.7% Usmani3.5% Dow Jones Islamic0.8% S&P Shariahpass MSCI Islamic3.5% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| DBX Dropbox, Inc. | NON_COMPLIANT | 0.19% | AAOIFI5.2% Usmani23.9% Dow Jones Islamic6.1% S&P Shariah6.3% MSCI Islamic13.8% MSCI Islamic M-Series6.3% FTSE Shariah0.0% |
| HIMS Hims & Hers Health, Inc. | COMPLIANT | 0.18% | AAOIFI2.8% Usmani5.0% Dow Jones Islamic2.2% S&P Shariah2.9% MSCI Islamic5.0% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| KTOS Kratos Defense & Security Solutions, Inc. | COMPLIANT | 0.18% | AAOIFI0.6% Usmani4.7% Dow Jones Islamic0.6% S&P Shariah0.8% MSCI Islamic1.3% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| IRTC IRhythm Holdings, Inc. | COMPLIANT | 0.17% | AAOIFI17.9% Usmani66.5% Dow Jones Islamic17.8% S&P Shariah19.6% MSCI Islamic66.5% MSCI Islamic M-Series19.6% FTSE Shariah59.5% |
| PCTY Paylocity Holding Corp. | NON_COMPLIANT | 0.17% | AAOIFI1.6% Usmani2.7% Dow Jones Islamic1.5% S&P Shariah1.5% MSCI Islamic2.7% MSCI Islamic M-Series1.5% FTSE Shariah1.7% |
| AMBA Ambarella, Inc. | COMPLIANT | 0.16% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 4704.T Trend Micro, Inc. | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TMDX TransMedics Group, Inc. | NON_COMPLIANT | 0.15% | AAOIFI0.8% Usmani25.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic1.8% MSCI Islamic M-Series0.8% FTSE Shariah1.4% |
| MSTR Strategy, Inc. | COMPLIANT | 0.15% | AAOIFI12.5% Usmani12.9% Dow Jones Islamic7.5% S&P Shariah9.4% MSCI Islamic12.9% MSCI Islamic M-Series9.4% FTSE Shariah12.8% |
| HOOD Robinhood Markets, Inc. | NON_COMPLIANT | 0.15% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic0.4% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| SOUN SoundHound AI, Inc. | NON_COMPLIANT | 0.14% | AAOIFI0.2% Usmani0.8% Dow Jones Islamic2.9% S&P Shariah3.7% MSCI Islamic0.8% MSCI Islamic M-Series3.7% FTSE Shariah0.0% |
| Check Point Software Technologies Ltd. | UNSCREENED | 0.14% | no in-house ratios for this holding |
| PYPL PayPal Holdings, Inc. | NON_COMPLIANT | 0.14% | AAOIFI22.1% Usmani12.5% Dow Jones Islamic16.3% S&P Shariah16.0% MSCI Islamic12.5% MSCI Islamic M-Series16.0% FTSE Shariah11.7% |
| WDAY Workday, Inc. | COMPLIANT | 0.14% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| AeroVironment, Inc. | UNSCREENED | 0.14% | no in-house ratios for this holding |
| PCOR Procore Technologies, Inc. | COMPLIANT | 0.13% | AAOIFI0.8% Usmani3.0% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic3.0% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| COIN Coinbase Global, Inc. | NON_COMPLIANT | 0.13% | AAOIFI13.1% Usmani23.2% Dow Jones Islamic9.7% S&P Shariah10.8% MSCI Islamic23.2% MSCI Islamic M-Series10.8% FTSE Shariah22.5% |
| Repurchase Agreement | UNSCREENED | 0.06% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Chinese Renminbi (Yuan) | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.02% | no in-house ratios for this holding |
| British Pound | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Canadian Dollar | UNSCREENED | 0.01% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Singapore Dollar | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Swiss Franc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Swedish Krona | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Japanese Yen | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Hong Kong Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Australian Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Indian Rupee | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Danish Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South African Rand | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South Korea Won | UNSCREENED | 0.00% | no in-house ratios for this holding |
| New Taiwan Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 72.7% of it passes Dow Jones Islamic, 49.6% 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 71.7% ratios fail on 17.2% 11.4% not rated under AAOIFI
ratios pass on 53.7% ratios fail on 31.3% 15.4% not rated under Usmani
ratios pass on 72.7% ratios fail on 13.1% 14.5% not rated under Dow Jones Islamic
ratios pass on 71.3% ratios fail on 14.4% 14.5% not rated under S&P Shariah
ratios pass on 49.6% ratios fail on 32.8% 17.8% not rated under MSCI Islamic
ratios pass on 71.2% ratios fail on 14.6% 14.5% not rated under MSCI Islamic M-Series
ratios pass on 60.7% ratios fail on 23.8% 15.7% not rated under FTSE Shariah
116 of 148 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, 95 (74% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| IFF International Flavors & Fragrances, Inc. | 2.32% |
| NTR Nutrien Ltd. | 2.27% |
| DE Deere & Co. | 2.25% |
| DHER.DE Delivery Hero SE | 2.03% |
| BDX Becton Dickinson & Co. | 1.53% |
| NPN.JO Naspers Ltd. | 1.44% |
| MKC McCormick & Co., Inc. | 1.43% |
| UPL.BO UPL Ltd. | 0.71% |
| HUT Hut 8 Corp. | 0.63% |
| ORCL Oracle Corp. | 0.60% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
ProShares MSCI Transformational Changes ETF (ANEW) 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.
Screened on its holdings, not its name
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 |
|---|---|---|
| GOOGAlphabet, Inc. | 2.64% | Questionable |
| AVGOBroadcom, Inc. | 2.51% | Compliant |
| CDNSCadence Design Systems, Inc. | 2.37% | Compliant |
| CTVACorteva, Inc. | 2.35% | Compliant |
| IFFInternational Flavors & Fragrances, Inc. | 2.32% | Non-compliant |
| RO.SWRoche Holding AG | 2.30% | Compliant |
| AAPLApple, Inc. | 2.27% | Compliant |
| NTRNutrien Ltd. | 2.27% | Non-compliant |
| DEDeere & Co. | 2.25% | Non-compliant |
| AMZNAmazon.com, Inc. | 2.21% | Questionable |
Top 10 of 148 holdings, 23.5% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- GOOGquestionable2.64%
- IFFnon-compliant2.32%
- NTRnon-compliant2.27%
- DEnon-compliant2.25%
- AMZNquestionable2.21%
- METAquestionable2.07%
What changed, and when
Verdict history for ANEW. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for ANEW has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
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.
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.
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.
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.