ARTBXETF / FundArtisan International Explorer Fund
Verdicts genuinely change. Free email alert the moment ARTBX'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.
Artisan International Explorer Fund · Artisan Partners Funds Inc.
46 holdings
NON-COMPLIANT At least 32.38% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 30% turns out to be. Matching more holdings can only raise this share, never lower it.
46 holdings, 28 matched (70% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
1.67% of this portfolio’s income is non-permissible — weighted across holdings, computed over 70% of portfolio weight (28 of 46 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (46)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BlackRock Liquidity Funds Treasury Trust Fund | UNSCREENED | 13.28% | no in-house ratios for this holding |
| Glenveagh Properties plc | UNSCREENED | 12.02% | no in-house ratios for this holding |
| IQE.L IQE plc | COMPLIANT | 8.95% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1286.HK Impro Precision Industries Ltd. | COMPLIANT | 5.27% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ELM.L Elementis plc | COMPLIANT | 5.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6947.T Zuken, Inc. | NON_COMPLIANT | 4.45% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariah— MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| 4613.T Kansai Paint Co. Ltd. | NON_COMPLIANT | 4.35% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ATE.PA Alten SA | COMPLIANT | 4.03% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SDF.AX Steadfast Group Ltd. | NON_COMPLIANT | 3.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4912.T Lion Corp. | COMPLIANT | 2.92% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| SBRE.L Sabre Insurance Group plc | NON_COMPLIANT | 2.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LIGHT.AS Signify NV | NON_COMPLIANT | 2.77% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| KGF.L Kingfisher plc | NON_COMPLIANT | 2.46% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LXFR Luxfer Holdings plc | COMPLIANT | 2.26% | AAOIFI14.9% Usmani17.8% Dow Jones Islamic19.7% S&P Shariah21.8% MSCI Islamic17.8% MSCI Islamic M-Series21.8% FTSE Shariah15.0% |
| ESNT.L Essentra plc | NON_COMPLIANT | 2.23% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| N/A | UNSCREENED | 2.11% | no in-house ratios for this holding |
| SAA.L M&C Saatchi plc | COMPLIANT | 2.01% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7701.T Shimadzu Corp. | COMPLIANT | 1.92% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ADVT.L AdvancedAdvT Ltd. | NON_COMPLIANT | 1.81% | AAOIFI0.1% Usmani0.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.2% MSCI Islamic M-Seriesfail FTSE Shariah0.2% |
| 6287.T Sato Corp. | NON_COMPLIANT | 1.79% | AAOIFI19.0% Usmani15.4% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic11.9% MSCI Islamic M-Seriesfail FTSE Shariah11.9% |
| GUD.TO Knight Therapeutics, Inc. | COMPLIANT | 1.75% | AAOIFI8.0% Usmani8.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.4% MSCI Islamic M-Seriespass FTSE Shariah7.4% |
| ALLFG.AS Allfunds Group plc | NON_COMPLIANT | 1.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Famous Brands Ltd. | UNSCREENED | 1.27% | no in-house ratios for this holding |
| Medmix AG | UNSCREENED | 1.12% | no in-house ratios for this holding |
| SES.MI Sesa SpA | NON_COMPLIANT | 1.11% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1SXP.DE Schott Pharma AG & Co. KGaA | COMPLIANT | 1.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FDM.L FDM Group Holdings plc | COMPLIANT | 1.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| PVRINOX.NS PVR Inox Ltd. | NON_COMPLIANT | 0.94% | AAOIFI57.0% Usmani82.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic43.4% MSCI Islamic M-Seriesfail FTSE Shariah43.4% |
| PETS.L Pets at Home Group plc | NON_COMPLIANT | 0.92% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MAPI.JK Mitra Adiperkasa Tbk. PT | NON_COMPLIANT | 0.88% | AAOIFI34.6% Usmani38.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.7% MSCI Islamic M-Seriesfail FTSE Shariah23.7% |
| CARERATING.NS Care Ratings Ltd. | NON_COMPLIANT | 0.86% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| REAL.TO Real Matters, Inc. | COMPLIANT | 0.75% | AAOIFI0.7% Usmani3.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic1.5% MSCI Islamic M-Seriespass FTSE Shariah1.5% |
| LSL.L LSL Property Services plc | COMPLIANT | 0.26% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Japanese Yen | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Indian Rupee | UNSCREENED | 0.02% | no in-house ratios for this holding |
| British Pound | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Canadian Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Australian Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Danish Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
| New Mexican Pesos | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South African Rand | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Norwegian Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Swiss Franc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Hong Kong Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South Korea Won | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 19 points of portfolio weight — 41.7% of it passes FTSE Shariah, 22.3% passes Dow Jones 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 37.3% ratios fail on 32.4% 30.0% not rated under AAOIFI
ratios pass on 36.6% ratios fail on 28.7% 34.4% not rated under Usmani
ratios pass on 22.3% ratios fail on 47.4% 30.0% not rated under Dow Jones Islamic
ratios pass on 28.1% ratios fail on 37.1% 34.4% not rated under S&P Shariah
ratios pass on 29.1% ratios fail on 36.2% 34.4% not rated under MSCI Islamic
ratios pass on 22.3% ratios fail on 47.4% 30.0% not rated under MSCI Islamic M-Series
ratios pass on 41.7% ratios fail on 23.5% 34.4% not rated under FTSE Shariah
28 of 46 listed holdings carry our own per-methodology verdicts (70% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 7 (10% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 6947.T Zuken, Inc. | 4.45% |
| 4613.T Kansai Paint Co. Ltd. | 4.35% |
| SDF.AX Steadfast Group Ltd. | 3.16% |
| SBRE.L Sabre Insurance Group plc | 2.90% |
| LIGHT.AS Signify NV | 2.77% |
| KGF.L Kingfisher plc | 2.46% |
| ESNT.L Essentra plc | 2.23% |
| ADVT.L AdvancedAdvT Ltd. | 1.81% |
| 6287.T Sato Corp. | 1.79% |
| ALLFG.AS Allfunds Group plc | 1.75% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Artisan International Explorer Fund (ARTBX) 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 |
|---|---|---|
| BlackRock Liquidity Funds Treasury Trust Fundnot matched to a ticker | 13.28% | Not screened |
| Glenveagh Properties plcnot matched to a ticker | 12.02% | Not screened |
| IQE.LIQE plc | 8.95% | Compliant |
| 1286.HKImpro Precision Industries Ltd. | 5.27% | Compliant |
| ELM.LElementis plc | 5.11% | Compliant |
| 6947.TZuken, Inc. | 4.45% | Non-compliant |
| 4613.TKansai Paint Co. Ltd. | 4.35% | Non-compliant |
| ATE.PAAlten SA | 4.03% | Compliant |
| SDF.AXSteadfast Group Ltd. | 3.16% | Non-compliant |
| 4912.TLion Corp. | 2.92% | Compliant |
Top 10 of 46 holdings, 63.5% 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.
- BlackRock Liquidity Funds Treasury Trust Fundnot screened13.28%
- Glenveagh Properties plcnot screened12.02%
- 6947.Tnon-compliant4.45%
- 4613.Tnon-compliant4.35%
- SDF.AXnon-compliant3.16%
- SBRE.Lnon-compliant2.90%
What changed, and when
Verdict history for ARTBX. 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 ARTBX 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 3 days - this is not a reading of today
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.