Verdicts genuinely change. Free email alert the moment ARRZX'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.
AMG River Road Focused Absolute Value Fund · AMG Funds IV
31 holdings
NON-COMPLIANT 39.74% of portfolio weight is in non-compliant holdings, over the 5% threshold.
31 holdings, 28 matched (92% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
3.02% of this portfolio’s income is non-permissible — weighted across holdings, computed over 86% of portfolio weight (27 of 31 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.
40.3% compliant 12.3% questionable 39.7% non-compliant 7.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BRK.B BERKSHIRE HATHAWAY INC | NON_COMPLIANT | 6.30% | no in-house ratios for this holding |
| MSFT MICROSOFT CORP | QUESTIONABLE | 4.75% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| BJ BJ'S WHOLESALE CLUB HOLDINGS INC | QUESTIONABLE | 4.62% | AAOIFI23.1% Usmani34.7% Dow Jones Islamic21.7% S&P Shariah23.4% MSCI Islamic34.7% MSCI Islamic M-Series23.4% FTSE Shariah7.9% |
| ATR APTARGROUP INC | COMPLIANT | 4.01% | AAOIFI17.2% Usmani26.9% Dow Jones Islamic15.2% S&P Shariah15.4% MSCI Islamic26.9% MSCI Islamic M-Series15.4% FTSE Shariah26.0% |
| MGRC MCGRATH RENTCORP | COMPLIANT | 3.96% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CRH CRH PLC | COMPLIANT | 3.95% | AAOIFI31.8% Usmani33.7% Dow Jones Islamic27.6% S&P Shariah30.6% MSCI Islamic32.7% MSCI Islamic M-Series30.6% FTSE Shariah30.4% |
| GXO GXO LOGISTICS INC | NON_COMPLIANT | 3.92% | AAOIFI110.4% Usmani53.3% Dow Jones Islamic105.4% S&P Shariah102.0% MSCI Islamic49.5% MSCI Islamic M-Series102.0% FTSE Shariah25.9% |
| SNN SMITH & NEPHEW PLC | COMPLIANT | 3.83% | AAOIFI34.9% Usmani29.8% Dow Jones Islamic11.8% S&P Shariah12.5% MSCI Islamic29.8% MSCI Islamic M-Series12.5% FTSE Shariah29.8% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | NON_COMPLIANT | 3.74% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DIS WALT DISNEY COMPANY (THE) | NON_COMPLIANT | 3.64% | AAOIFI25.4% Usmani22.5% Dow Jones Islamic24.6% S&P Shariah25.2% MSCI Islamic22.5% MSCI Islamic M-Series25.2% FTSE Shariah22.5% |
| LAD LITHIA MOTORS INC | NON_COMPLIANT | 3.61% | AAOIFI123.1% Usmani39.9% Dow Jones Islamic131.6% S&P Shariah134.2% MSCI Islamic39.9% MSCI Islamic M-Series134.2% FTSE Shariah37.4% |
| CEG CONSTELLATION ENERGY CORP | COMPLIANT | 3.48% | AAOIFI18.4% Usmani19.8% Dow Jones Islamic20.8% S&P Shariah24.7% MSCI Islamic19.8% MSCI Islamic M-Series24.7% FTSE Shariah19.8% |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 3.47% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| SARO STANDARDAERO INC | COMPLIANT | 3.45% | AAOIFI31.7% Usmani37.7% Dow Jones Islamic27.6% S&P Shariahpass MSCI Islamic37.4% MSCI Islamic M-Seriespass FTSE Shariah33.9% |
| PGR PROGRESSIVE CORP (THE) | NON_COMPLIANT | 3.25% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| AMRZ AMRIZE AG | COMPLIANT | 3.24% | AAOIFI24.3% Usmani25.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.0% MSCI Islamic M-Seriespass FTSE Shariah21.4% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 2.93% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| COO COOPER COMPANIES INC (THE) | COMPLIANT | 2.83% | AAOIFI23.0% Usmani20.1% Dow Jones Islamic16.7% S&P Shariah15.5% MSCI Islamic20.1% MSCI Islamic M-Series15.5% FTSE Shariah20.1% |
| PAYC PAYCOM SOFTWARE INC | COMPLIANT | 2.80% | AAOIFI10.1% Usmani18.9% Dow Jones Islamic9.5% S&P Shariah9.3% MSCI Islamic18.9% MSCI Islamic M-Series9.3% FTSE Shariah17.3% |
| FFH.TO FAIRFAX FINANCIAL HOLDINGS LTD | NON_COMPLIANT | 2.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SPROUTS FARMERS MARKET INC | UNSCREENED | 2.68% | no in-house ratios for this holding |
| FIXED INCOME CLEARING CORPORATION | UNSCREENED | 2.62% | no in-house ratios for this holding |
| MC.PA LVMH MOET HENNESSY LOUIS VUITTON SE | COMPLIANT | 2.47% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KR KROGER COMPANY (THE) | NON_COMPLIANT | 2.41% | AAOIFI66.2% Usmani45.5% Dow Jones Islamic54.1% S&P Shariah57.6% MSCI Islamic45.5% MSCI Islamic M-Series57.6% FTSE Shariah31.1% |
| LSEG.L LONDON STOCK EXCHANGE GROUP PLC | NON_COMPLIANT | 2.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WILLIS TOWERS WATSON PLC | UNSCREENED | 2.34% | no in-house ratios for this holding |
| UMG.AS UNIVERSAL MUSIC GROUP NV | COMPLIANT | 2.31% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| GPC GENUINE PARTS COMPANY | NON_COMPLIANT | 2.25% | AAOIFI31.0% Usmani28.0% Dow Jones Islamic35.7% S&P Shariah34.4% MSCI Islamic28.0% MSCI Islamic M-Series34.4% FTSE Shariah20.1% |
| UL UNILEVER PLC | COMPLIANT | 2.11% | AAOIFI27.6% Usmani41.0% Dow Jones Islamic23.6% S&P Shariah24.9% MSCI Islamic39.2% MSCI Islamic M-Series24.9% FTSE Shariah39.2% |
| GEHC GE HEALTHCARE TECHNOLOGIES INC | NON_COMPLIANT | 2.06% | AAOIFI34.9% Usmani28.5% Dow Jones Islamic30.2% S&P Shariah30.1% MSCI Islamic28.4% MSCI Islamic M-Series30.1% FTSE Shariah27.3% |
| LH LABCORP HOLDINGS INC | COMPLIANT | 1.94% | AAOIFI25.4% Usmani36.5% Dow Jones Islamic31.6% S&P Shariah33.5% MSCI Islamic36.2% MSCI Islamic M-Series33.5% FTSE Shariah31.6% |
The published standards disagree about this fund by 19 points of portfolio weight — 53.9% of it passes FTSE Shariah, 35.3% passes Usmani. 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 44.4% ratios fail on 34.0% 21.6% not rated under AAOIFI
ratios pass on 35.3% ratios fail on 37.0% 27.7% not rated under Usmani
ratios pass on 53.7% ratios fail on 20.7% 25.6% not rated under Dow Jones Islamic
ratios pass on 51.7% ratios fail on 22.7% 25.6% not rated under S&P Shariah
ratios pass on 41.0% ratios fail on 30.6% 28.4% not rated under MSCI Islamic
ratios pass on 51.7% ratios fail on 22.7% 25.6% not rated under MSCI Islamic M-Series
ratios pass on 53.9% ratios fail on 17.7% 28.4% not rated under FTSE Shariah
27 of 31 listed holdings carry our own per-methodology verdicts (86% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 24 (79% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BRK.B BERKSHIRE HATHAWAY INC | 6.30% |
| GXO GXO LOGISTICS INC | 3.92% |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | 3.74% |
| DIS WALT DISNEY COMPANY (THE) | 3.64% |
| LAD LITHIA MOTORS INC | 3.61% |
| AXP AMERICAN EXPRESS COMPANY | 3.47% |
| PGR PROGRESSIVE CORP (THE) | 3.25% |
| FFH.TO FAIRFAX FINANCIAL HOLDINGS LTD | 2.70% |
| KR KROGER COMPANY (THE) | 2.41% |
| LSEG.L LONDON STOCK EXCHANGE GROUP PLC | 2.38% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
AMG River Road Focused Absolute Value Fund (ARRZX) 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 |
|---|---|---|
| BRK.BBERKSHIRE HATHAWAY INC | 6.30% | Non-compliant |
| MSFTMICROSOFT CORP | 4.75% | Questionable |
| BJBJ'S WHOLESALE CLUB HOLDINGS INC | 4.62% | Questionable |
| ATRAPTARGROUP INC | 4.01% | Compliant |
| MGRCMCGRATH RENTCORP | 3.96% | Compliant |
| CRHCRH PLC | 3.95% | Compliant |
| GXOGXO LOGISTICS INC | 3.92% | Non-compliant |
| SNNSMITH & NEPHEW PLC | 3.83% | Compliant |
| MAAMID-AMERICA APARTMENT COMMUNITIES INC | 3.74% | Non-compliant |
| DISWALT DISNEY COMPANY (THE) | 3.64% | Non-compliant |
Top 10 of 31 holdings, 42.7% 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 ARRZX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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) | 56.90 | NEUTRAL |
| Stochastic %K (14) | 94.23 | SELL |
| CCI (20) | 168.76 | SELL |
| Williams %R (14) | -5.77 | SELL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | 3.27 | BUY |
| Momentum (10) | 0.40 | BUY |
| EMA (10) | 12.46 | BUY |
| SMA (10) | 12.43 | BUY |
| EMA (20) | 12.45 | BUY |
| SMA (20) | 12.34 | BUY |
| EMA (30) | 12.50 | BUY |
| SMA (30) | 12.42 | BUY |
| EMA (50) | 12.59 | BUY |
| SMA (50) | 12.73 | SELL |
| EMA (100) | 12.67 | SELL |
| SMA (100) | 12.68 | SELL |
| EMA (200) | 12.77 | SELL |
| SMA (200) | 12.80 | 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.