ASEAETF / FundGlobal X FTSE Southeast Asia ETF
Verdicts genuinely change. Free email alert the moment ASEA'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.
Global X FTSE Southeast Asia ETF ETF · GLOBAL X FUNDS
41 holdings · as of 2026-07-31 (2.9 months ago)
NON-COMPLIANT 78.27% of portfolio weight is in non-compliant holdings, over the 5% threshold.
41 holdings, 33 matched (91% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
16.75% of this portfolio’s income is non-permissible — weighted across holdings, computed over 40% of portfolio weight (22 of 41 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.
13.0% compliant 0.0% questionable 78.3% non-compliant 8.5% unscreened
All holdings (41)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| D05.SI DBS GROUP HOLDINGS LTD | NON_COMPLIANT | 19.09% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| O39.SI OVERSEA-CHINESE BANKING CORPORATION LIMITED | NON_COMPLIANT | 11.96% | AAOIFI21.2% Usmani4.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.5% MSCI Islamic M-Seriesfail FTSE Shariah4.5% |
| U11.SI UNITED OVERSEAS BANK LIMITED | NON_COMPLIANT | 6.66% | AAOIFI65.6% Usmani7.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.9% MSCI Islamic M-Seriesfail FTSE Shariah7.9% |
| Z74.SI SINGAPORE TELECOMMUNICATIONS LIMITED | COMPLIANT | 4.17% | AAOIFI15.5% Usmani29.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic23.0% MSCI Islamic M-Seriespass FTSE Shariah23.0% |
| DLS.F Delta Electronics (Thailand) Public Company Limited | COMPLIANT | 3.87% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1155.KL MALAYAN BANKING BERHAD | NON_COMPLIANT | 3.32% | AAOIFI41.2% Usmani5.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.0% MSCI Islamic M-Seriesfail FTSE Shariah5.0% |
| 1295.KL PUBLIC BANK BHD | NON_COMPLIANT | 3.05% | AAOIFI13.9% Usmani2.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.4% MSCI Islamic M-Seriesfail FTSE Shariah2.4% |
| BBCA.JK PT Bank Central Asia Tbk | NON_COMPLIANT | 2.81% | AAOIFI0.3% Usmani0.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.2% MSCI Islamic M-Seriesfail FTSE Shariah0.2% |
| INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. | UNSCREENED | 2.80% | no in-house ratios for this holding |
| 5347.KL TENAGA NASIONAL BERHAD | NON_COMPLIANT | 2.76% | AAOIFI110.7% Usmani60.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic45.2% MSCI Islamic M-Seriesfail FTSE Shariah45.2% |
| 1023.KL CIMB GROUP HOLDINGS BERHAD | NON_COMPLIANT | 2.67% | AAOIFI52.3% Usmani5.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.8% MSCI Islamic M-Seriesfail FTSE Shariah5.8% |
| S68.SI SINGAPORE EXCHANGE LIMITED | NON_COMPLIANT | 2.53% | AAOIFI2.5% Usmani15.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic14.9% MSCI Islamic M-Seriesfail FTSE Shariah14.9% |
| PETFF PTT Public Company Limited | NON_COMPLIANT | 2.30% | AAOIFI86.4% Usmani33.2% Dow Jones Islamic742.4% S&P Shariah1112.2% MSCI Islamic30.2% MSCI Islamic M-Series1112.2% FTSE Shariah30.2% |
| KPCPF KASIKORNBANK PUBLIC COMPANY LIMITED | NON_COMPLIANT | 2.09% | AAOIFI39.4% Usmani4.9% Dow Jones Islamic57.8% S&P Shariah66.8% MSCI Islamic4.9% MSCI Islamic M-Series66.8% FTSE Shariah4.9% |
| BN4.SI KEPPEL LTD. | NON_COMPLIANT | 2.06% | AAOIFI52.7% Usmani42.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic42.2% MSCI Islamic M-Seriesfail FTSE Shariah42.2% |
| C38U.SI CapitaLand Integrated Commercial Trust | NON_COMPLIANT | 2.01% | AAOIFI53.3% Usmani36.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.5% MSCI Islamic M-Seriesfail FTSE Shariah36.5% |
| S63.SI SINGAPORE TECHNOLOGIES ENGINEERING LTD | NON_COMPLIANT | 1.92% | AAOIFI14.7% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.1% MSCI Islamic M-Seriesfail FTSE Shariah30.1% |
| BBRI.JK PT Bank Rakyat Indonesia (Persero) Tbk | NON_COMPLIANT | 1.83% | AAOIFI35.6% Usmani8.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.0% MSCI Islamic M-Seriesfail FTSE Shariah8.0% |
| AISF.F ADVANCED INFO SERVICE PUBLIC COMPANY LIMITED | COMPLIANT | 1.68% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BMRI.JK PT Bank Mandiri (Persero) Tbk | NON_COMPLIANT | 1.62% | AAOIFI56.2% Usmani7.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.7% MSCI Islamic M-Seriesfail FTSE Shariah7.7% |
| C6L.SI SINGAPORE AIRLINES LIMITED | NON_COMPLIANT | 1.52% | AAOIFI49.7% Usmani31.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic24.5% MSCI Islamic M-Seriesfail FTSE Shariah24.5% |
| GULF DEVELOPMENT PUBLIC COMPANY LIMITED | UNSCREENED | 1.35% | no in-house ratios for this holding |
| OU8.F SCB X PUBLIC COMPANY LIMITED | NON_COMPLIANT | 1.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KTB1.F KRUNG THAI BANK PUBLIC COMPANY LIMITED | NON_COMPLIANT | 1.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TX3A.F Airports of Thailand Public Company Limited | COMPLIANT | 1.21% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 8869.KL PRESS METAL ALUMINIUM HOLDINGS BERHAD | COMPLIANT | 1.19% | AAOIFI6.6% Usmani23.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic22.5% MSCI Islamic M-Seriespass FTSE Shariah22.5% |
| LVN.SG CP All Public Company Limited | NON_COMPLIANT | 1.18% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| PT Telkom Indonesia (Persero) Tbk | UNSCREENED | 1.04% | no in-house ratios for this holding |
| IHH HEALTHCARE BERHAD | UNSCREENED | 1.04% | no in-house ratios for this holding |
| Bangkok Dusit Medical Services Public Company Limited | UNSCREENED | 1.02% | no in-house ratios for this holding |
| PTXLF PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED | COMPLIANT | 0.91% | AAOIFI26.2% Usmani17.4% Dow Jones Islamic28.8% S&P Shariah28.8% MSCI Islamic13.6% MSCI Islamic M-Series28.8% FTSE Shariah13.6% |
| F34.SI WILMAR INTERNATIONAL LIMITED | NON_COMPLIANT | 0.87% | AAOIFI169.2% Usmani47.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic47.4% MSCI Islamic M-Seriesfail FTSE Shariah47.4% |
| TAF1.F TRUE CORPORATION PUBLIC COMPANY LIMITED | NON_COMPLIANT | 0.80% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9CI.SI CAPITALAND INVESTMENT LIMITED | NON_COMPLIANT | 0.78% | AAOIFI63.7% Usmani37.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic35.0% MSCI Islamic M-Seriesfail FTSE Shariah35.0% |
| ASII.JK PT Astra International Tbk | NON_COMPLIANT | 0.77% | AAOIFI60.1% Usmani22.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.7% MSCI Islamic M-Seriesfail FTSE Shariah21.7% |
| BDO UNIBANK, INC. | UNSCREENED | 0.76% | no in-house ratios for this holding |
| 5819.KL HONG LEONG BANK BERHAD | NON_COMPLIANT | 0.54% | AAOIFI11.0% Usmani1.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.6% MSCI Islamic M-Seriesfail FTSE Shariah1.6% |
| BANK OF THE PHILIPPINE ISLANDS | UNSCREENED | 0.51% | no in-house ratios for this holding |
| BBNI.JK PT Bank Negara Indonesia (Persero) Tbk | NON_COMPLIANT | 0.39% | AAOIFI50.6% Usmani5.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.2% MSCI Islamic M-Seriesfail FTSE Shariah5.2% |
| AMMN.JK PT AMMAN MINERAL INTERNASIONAL TBK. | NON_COMPLIANT | 0.27% | AAOIFI35.5% Usmani46.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.4% MSCI Islamic M-Series— FTSE Shariah46.4% |
| CITADEL SECURITIES LLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 4 points of portfolio weight — 15.9% of it passes FTSE Shariah, 12.1% 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 13.0% ratios fail on 78.3% 8.5% not rated under AAOIFI
ratios pass on 12.4% ratios fail on 78.9% 8.5% not rated under Usmani
ratios pass on 12.5% ratios fail on 78.5% 8.8% not rated under Dow Jones Islamic
ratios pass on 12.5% ratios fail on 78.5% 8.8% not rated under S&P Shariah
ratios pass on 12.1% ratios fail on 79.2% 8.5% not rated under MSCI Islamic
ratios pass on 12.5% ratios fail on 78.5% 8.8% not rated under MSCI Islamic M-Series
ratios pass on 15.9% ratios fail on 75.4% 8.5% not rated under FTSE Shariah
33 of 41 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, 26 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| D05.SI DBS GROUP HOLDINGS LTD | 19.09% |
| O39.SI OVERSEA-CHINESE BANKING CORPORATION LIMITED | 11.96% |
| U11.SI UNITED OVERSEAS BANK LIMITED | 6.66% |
| 1155.KL MALAYAN BANKING BERHAD | 3.32% |
| 1295.KL PUBLIC BANK BHD | 3.05% |
| BBCA.JK PT Bank Central Asia Tbk | 2.81% |
| 5347.KL TENAGA NASIONAL BERHAD | 2.76% |
| 1023.KL CIMB GROUP HOLDINGS BERHAD | 2.67% |
| S68.SI SINGAPORE EXCHANGE LIMITED | 2.53% |
| PETFF PTT Public Company Limited | 2.30% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Global X FTSE Southeast Asia ETF (ASEA) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for ASEA — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 35.70 | NEUTRAL |
| Stochastic %K (14) | 36.36 | NEUTRAL |
| CCI (20) | -63.58 | NEUTRAL |
| Williams %R (14) | -63.64 | NEUTRAL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | -1.04 | SELL |
| Momentum (10) | -0.21 | SELL |
| EMA (10) | 20.16 | SELL |
| SMA (10) | 20.09 | SELL |
| EMA (20) | 20.38 | SELL |
| SMA (20) | 20.38 | SELL |
| EMA (30) | 20.56 | SELL |
| SMA (30) | 20.67 | SELL |
| EMA (50) | 20.72 | SELL |
| SMA (50) | 21.05 | SELL |
| EMA (100) | 20.58 | SELL |
| SMA (100) | 20.76 | SELL |
| EMA (200) | 19.86 | BUY |
| SMA (200) | 20.01 | BUY |
About Global X FTSE Southeast Asia ETF
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index tracks the equity performance of the 40 largest and most liquid companies in the five Association of Southeast Asian Nations ("ASEAN") regions: Singapore, Malaysia, Indonesia, Thailand and the Philippines. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
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.
Still fetching the market-structure read — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
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.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-20 · Asset managers net 901377 (-14458)
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.