ARTKXETF / FundArtisan International Value Fund
Verdicts genuinely change. Free email alert the moment ARTKX'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 Value Fund · Artisan Partners Funds Inc.
66 holdings
NON-COMPLIANT 30.30% of portfolio weight is in non-compliant holdings, over the 5% threshold.
66 holdings, 47 matched (82% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
4.17% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (45 of 66 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.
51.2% compliant 0.0% questionable 30.3% non-compliant 17.8% unscreened
All holdings (66)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BlackRock Liquidity Funds Treasury Trust Fund | UNSCREENED | 13.44% | no in-house ratios for this holding |
| ABBNY ABB Ltd. | COMPLIANT | 4.22% | AAOIFI6.4% Usmani22.0% Dow Jones Islamic7.0% S&P Shariah8.0% MSCI Islamic20.3% MSCI Islamic M-Series8.0% FTSE Shariah20.3% |
| UL Unilever plc | COMPLIANT | 4.11% | AAOIFI27.6% Usmani41.0% Dow Jones Islamic23.6% S&P Shariah24.9% MSCI Islamic39.2% MSCI Islamic M-Series24.9% FTSE Shariah39.2% |
| NVS Novartis AG | COMPLIANT | 3.57% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| DSFIR.AS DSM-Firmenich AG | COMPLIANT | 3.55% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ACGL Arch Capital Group Ltd. | NON_COMPLIANT | 3.52% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PHG Koninklijke Philips NV | NON_COMPLIANT | 3.50% | AAOIFI37.6% Usmani30.0% Dow Jones Islamic39.2% S&P Shariah42.2% MSCI Islamic30.0% MSCI Islamic M-Series42.2% FTSE Shariah30.0% |
| UBSG.SW UBS Group AG | NON_COMPLIANT | 3.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BN.PA Danone SA | NON_COMPLIANT | 2.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BNR.DE Brenntag SE | NON_COMPLIANT | 2.65% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 005930.KS Samsung Electronics Co. Ltd. | COMPLIANT | 2.62% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| DGE.L Diageo plc | NON_COMPLIANT | 2.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ICLR ICON plc | COMPLIANT | 2.60% | AAOIFI17.7% Usmani13.7% Dow Jones Islamic16.8% S&P Shariah13.2% MSCI Islamic13.7% MSCI Islamic M-Series13.2% FTSE Shariah12.9% |
| Willis Towers Watson plc | UNSCREENED | 2.53% | no in-house ratios for this holding |
| CFR.SW Cie Financiere Richemont SA | COMPLIANT | 2.35% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 005930.KS Samsung Electronics Co. Ltd. | COMPLIANT | 2.23% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| SAFRY Safran SA | COMPLIANT | 2.23% | AAOIFI3.9% Usmani9.9% Dow Jones Islamic19.4% S&P Shariah22.2% MSCI Islamic8.6% MSCI Islamic M-Series22.2% FTSE Shariah8.6% |
| GRMN Garmin Ltd. | COMPLIANT | 2.19% | AAOIFI0.3% Usmani1.5% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic1.5% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| CPG.L Compass Group plc | COMPLIANT | 2.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RYAAY Ryanair Holdings plc | COMPLIANT | 2.05% | AAOIFI9.6% Usmani15.3% Dow Jones Islamic3.6% S&P Shariah3.0% MSCI Islamic15.3% MSCI Islamic M-Series3.0% FTSE Shariah15.3% |
| ADDYY adidas AG | COMPLIANT | 2.05% | AAOIFI21.3% Usmani41.8% Dow Jones Islamic34.7% S&P Shariah34.7% MSCI Islamic27.4% MSCI Islamic M-Series34.7% FTSE Shariah27.4% |
| PSO Pearson plc | COMPLIANT | 2.03% | AAOIFI20.7% Usmani22.9% Dow Jones Islamic20.9% S&P Shariah22.0% MSCI Islamic22.9% MSCI Islamic M-Series22.0% FTSE Shariah22.9% |
| ABF.L Associated British Foods plc | COMPLIANT | 1.61% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BARN.SW Barry Callebaut AG | NON_COMPLIANT | 1.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ATD.TO Alimentation Couche-Tard, Inc. | NON_COMPLIANT | 1.54% | AAOIFI30.2% Usmani49.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic37.8% MSCI Islamic M-Seriespass FTSE Shariah37.8% |
| CPNG Coupang, Inc. | COMPLIANT | 1.53% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| AKZA.AS Akzo Nobel NV | NON_COMPLIANT | 1.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMRZ Amrize Ltd. | COMPLIANT | 1.45% | AAOIFI24.3% Usmani25.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.0% MSCI Islamic M-Seriespass FTSE Shariah21.4% |
| HCLTECH.NS HCL Technologies Ltd. | COMPLIANT | 1.34% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GBLB.BR Groupe Bruxelles Lambert NV | NON_COMPLIANT | 1.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| RELX RELX plc | COMPLIANT | 1.20% | AAOIFI16.2% Usmani49.2% Dow Jones Islamic12.5% S&P Shariah12.8% MSCI Islamic49.2% MSCI Islamic M-Series12.8% FTSE Shariah49.2% |
| OCPNF Olympus Corp. | COMPLIANT | 1.14% | AAOIFI10.5% Usmani15.6% Dow Jones Islamic10.5% S&P Shariah10.1% MSCI Islamic15.6% MSCI Islamic M-Series10.1% FTSE Shariah15.6% |
| Axalta Coating Systems Ltd. | UNSCREENED | 1.13% | no in-house ratios for this holding |
| UMG.AS Universal Music Group NV | COMPLIANT | 1.10% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| SW.PA Sodexo SA | NON_COMPLIANT | 1.04% | AAOIFI64.9% Usmani40.9% Dow Jones Islamic— S&P Shariah— MSCI Islamic36.5% MSCI Islamic M-Series— FTSE Shariah36.5% |
| SU Suncor Energy, Inc. | COMPLIANT | 1.02% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| MC.PA LVMH Moet Hennessy Louis Vuitton SE | COMPLIANT | 1.00% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BKG.L Berkeley Group Holdings plc | NON_COMPLIANT | 0.81% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6367.T Daikin Industries Ltd. | COMPLIANT | 0.74% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ALO.PA Alstom SA | NON_COMPLIANT | 0.69% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FME.DE Fresenius Medical Care AG | NON_COMPLIANT | 0.66% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAP.PA Capgemini SE | NON_COMPLIANT | 0.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 028260.KS Samsung C&T Corp. | COMPLIANT | 0.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 0.60% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| BN.PA Danone SA | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CNH Industrial NV | UNSCREENED | 0.58% | no in-house ratios for this holding |
| GRUMAB.MX Gruma SAB de CV | NON_COMPLIANT | 0.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PLX.PA Pluxee NV | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0914.HK Anhui Conch Cement Co. Ltd. | NON_COMPLIANT | 0.25% | AAOIFI32.1% Usmani10.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.4% MSCI Islamic M-Seriesfail FTSE Shariah10.4% |
| MICC.AS Magnum Ice Cream Co. NV (The) | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SW.PA Sodexo SA | NON_COMPLIANT | 0.09% | AAOIFI64.9% Usmani40.9% Dow Jones Islamic— S&P Shariah— MSCI Islamic36.5% MSCI Islamic M-Series— FTSE Shariah36.5% |
| British Pound | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Voussoir RE Ltd. | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Chinese Yuan Offshore | UNSCREENED | 0.01% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Japanese Yen | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Indian Rupee | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South Korea Won | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Swiss Franc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| New Taiwan Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Canadian Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Hong Kong Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Danish Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Swedish Krona | UNSCREENED | 0.00% | no in-house ratios for this holding |
| New Mexican Pesos | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Norwegian Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 11 points of portfolio weight — 50.6% of it passes AAOIFI, 40.0% 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 50.6% ratios fail on 30.9% 17.8% not rated under AAOIFI
ratios pass on 40.0% ratios fail on 38.9% 20.4% not rated under Usmani
ratios pass on 41.4% ratios fail on 32.7% 25.2% not rated under Dow Jones Islamic
ratios pass on 41.4% ratios fail on 32.7% 25.2% not rated under S&P Shariah
ratios pass on 47.0% ratios fail on 28.3% 24.0% not rated under MSCI Islamic
ratios pass on 41.4% ratios fail on 32.7% 25.2% not rated under MSCI Islamic M-Series
ratios pass on 49.1% ratios fail on 26.2% 24.0% not rated under FTSE Shariah
44 of 66 listed holdings carry our own per-methodology verdicts (82% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 22 (48% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ACGL Arch Capital Group Ltd. | 3.52% |
| PHG Koninklijke Philips NV | 3.50% |
| UBSG.SW UBS Group AG | 3.49% |
| BN.PA Danone SA | 2.97% |
| BNR.DE Brenntag SE | 2.65% |
| DGE.L Diageo plc | 2.62% |
| BARN.SW Barry Callebaut AG | 1.56% |
| ATD.TO Alimentation Couche-Tard, Inc. | 1.54% |
| AKZA.AS Akzo Nobel NV | 1.51% |
| GBLB.BR Groupe Bruxelles Lambert NV | 1.21% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Artisan International Value Fund (ARTKX) 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 | 13.44% | Not screened |
| ABBNYABB Ltd. | 4.22% | Compliant |
| ULUnilever plc | 4.11% | Compliant |
| NVSNovartis AG | 3.57% | Compliant |
| DSFIR.ASDSM-Firmenich AG | 3.55% | Compliant |
| ACGLArch Capital Group Ltd. | 3.52% | Non-compliant |
| PHGKoninklijke Philips NV | 3.50% | Non-compliant |
| UBSG.SWUBS Group AG | 3.49% | Non-compliant |
| BN.PADanone SA | 2.97% | Non-compliant |
| BNR.DEBrenntag SE | 2.65% | Non-compliant |
Top 10 of 66 holdings, 45.0% 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 screened13.44%
- ACGLnon-compliant3.52%
- PHGnon-compliant3.50%
- UBSG.SWnon-compliant3.49%
- BN.PAnon-compliant2.97%
- BNR.DEnon-compliant2.65%
What changed, and when
Verdict history for ARTKX. 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 ARTKX 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.
Price Forecast
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.
Technical Summary
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 61.70 | NEUTRAL |
| Stochastic %K (14) | 99.21 | SELL |
| CCI (20) | 154.16 | SELL |
| Williams %R (14) | -0.79 | SELL |
| MACD (12,26,9) | 0.31 | BUY |
| ROC (10) | 2.92 | BUY |
| Momentum (10) | 1.70 | BUY |
| EMA (10) | 59.06 | BUY |
| SMA (10) | 58.79 | BUY |
| EMA (20) | 58.86 | BUY |
| SMA (20) | 58.44 | BUY |
| EMA (30) | 58.97 | BUY |
| SMA (30) | 58.60 | BUY |
| EMA (50) | 59.17 | BUY |
| SMA (50) | 59.64 | BUY |
| EMA (100) | 58.86 | BUY |
| SMA (100) | 59.62 | BUY |
| EMA (200) | 57.01 | BUY |
| SMA (200) | 57.37 | BUY |
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.