BAFMXETF / FundBrown Advisory Mid-Cap Growth Fund
Verdicts genuinely change. Free email alert the moment BAFMX'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.
Brown Advisory Mid-Cap Growth Fund · Brown Advisory Funds
61 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 104% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 26.94% of portfolio weight is in non-compliant holdings, over the 5% threshold.
61 holdings, 55 matched (85% of weight). Portfolio as of 2026-03-31, filed 2026-05-27. Source: SEC Form N-PORT.
1.03% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (51 of 61 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.
55.5% compliant 3.8% questionable 25.9% non-compliant 14.9% unscreened
All holdings (61)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| First American Government Obli | UNSCREENED | 8.71% | no in-house ratios for this holding |
| HLT Hilton Worldwide Holdings Inc | NON_COMPLIANT | 4.17% | AAOIFI20.0% Usmani82.8% Dow Jones Islamic21.8% S&P Shariah23.8% MSCI Islamic82.8% MSCI Islamic M-Series23.8% FTSE Shariah78.8% |
| VST Vistra Corp | NON_COMPLIANT | 3.61% | AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0% |
| CAH Cardinal Health Inc | COMPLIANT | 3.56% | AAOIFI17.8% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah28.7% MSCI Islamic17.4% MSCI Islamic M-Series28.7% FTSE Shariah15.5% |
| GWRE Guidewire Software Inc | QUESTIONABLE | 2.97% | AAOIFI3.2% Usmani16.9% Dow Jones Islamic2.8% S&P Shariah3.2% MSCI Islamic16.9% MSCI Islamic M-Series3.2% FTSE Shariah15.5% |
| MPWR Monolithic Power Systems Inc | COMPLIANT | 2.81% | AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WCN Waste Connections Inc | COMPLIANT | 2.80% | AAOIFI16.4% Usmani44.9% Dow Jones Islamic21.4% S&P Shariah22.2% MSCI Islamic44.9% MSCI Islamic M-Series22.2% FTSE Shariah43.4% |
| VMC Vulcan Materials Co | COMPLIANT | 2.62% | AAOIFI14.1% Usmani30.1% Dow Jones Islamic13.9% S&P Shariah14.6% MSCI Islamic30.1% MSCI Islamic M-Series14.6% FTSE Shariah26.6% |
| HEI HEICO Corp | COMPLIANT | 2.40% | AAOIFI5.8% Usmani25.6% Dow Jones Islamic31.9% S&P Shariah36.0% MSCI Islamic25.6% MSCI Islamic M-Series36.0% FTSE Shariah25.6% |
| FIX Comfort Systems USA Inc | COMPLIANT | 2.38% | AAOIFI0.6% Usmani4.4% Dow Jones Islamic1.2% S&P Shariah1.5% MSCI Islamic4.4% MSCI Islamic M-Series1.5% FTSE Shariah0.6% |
| ALNY Alnylam Pharmaceuticals Inc | COMPLIANT | 2.18% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FTAI FTAI Aviation Ltd | COMPLIANT | 2.07% | AAOIFI17.1% Usmani76.9% Dow Jones Islamic19.5% S&P Shariah24.8% MSCI Islamic76.9% MSCI Islamic M-Series24.8% FTSE Shariah76.9% |
| CPNG Coupang Inc | COMPLIANT | 2.04% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| OII Oceaneering International Inc | NON_COMPLIANT | 2.01% | AAOIFI18.9% Usmani30.6% Dow Jones Islamic27.5% S&P Shariah29.7% MSCI Islamic30.6% MSCI Islamic M-Series29.7% FTSE Shariah18.2% |
| MDLN Medline Inc | NON_COMPLIANT | 2.00% | AAOIFI26.9% Usmani32.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic32.1% MSCI Islamic M-Seriespass FTSE Shariah32.0% |
| EXPE Expedia Group Inc | NON_COMPLIANT | 1.98% | AAOIFI15.9% Usmani19.6% Dow Jones Islamic22.4% S&P Shariah26.0% MSCI Islamic19.6% MSCI Islamic M-Series26.0% FTSE Shariah18.8% |
| MRVL Marvell Technology Inc | COMPLIANT | 1.98% | AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0% |
| DDOG Datadog Inc | NON_COMPLIANT | 1.92% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| VEEV Veeva Systems Inc | NON_COMPLIANT | 1.90% | AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| DXCM Dexcom Inc | COMPLIANT | 1.87% | AAOIFI4.1% Usmani21.7% Dow Jones Islamic4.7% S&P Shariah4.0% MSCI Islamic20.9% MSCI Islamic M-Series4.0% FTSE Shariah19.3% |
| Applied Industrial Technologie | UNSCREENED | 1.75% | no in-house ratios for this holding |
| HQY HealthEquity Inc | COMPLIANT | 1.74% | AAOIFI12.2% Usmani29.7% Dow Jones Islamic12.2% S&P Shariah13.0% MSCI Islamic29.7% MSCI Islamic M-Series13.0% FTSE Shariah28.5% |
| West Pharmaceutical Services I | UNSCREENED | 1.72% | no in-house ratios for this holding |
| FICO Fair Isaac Corp | COMPLIANT | 1.72% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| TW Tradeweb Markets Inc | COMPLIANT | 1.72% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NET Cloudflare Inc | NON_COMPLIANT | 1.65% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| SITE SiteOne Landscape Supply Inc | COMPLIANT | 1.63% | AAOIFI22.8% Usmani32.8% Dow Jones Islamic17.3% S&P Shariah16.3% MSCI Islamic28.9% MSCI Islamic M-Series16.3% FTSE Shariah15.5% |
| OPLN OPENLANE Inc | NON_COMPLIANT | 1.57% | AAOIFI12.9% Usmani11.7% Dow Jones Islamic19.7% S&P Shariah22.9% MSCI Islamic11.7% MSCI Islamic M-Series22.9% FTSE Shariah10.7% |
| AXON Axon Enterprise Inc | COMPLIANT | 1.57% | AAOIFI4.4% Usmani24.5% Dow Jones Islamic4.0% S&P Shariah4.9% MSCI Islamic24.5% MSCI Islamic M-Series4.9% FTSE Shariah23.1% |
| IOT Samsara Inc | COMPLIANT | 1.51% | AAOIFI0.3% Usmani2.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic2.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CCC Intelligent Solutions Hold | UNSCREENED | 1.50% | no in-house ratios for this holding |
| PODD Insulet Corp | COMPLIANT | 1.47% | AAOIFI9.6% Usmani30.0% Dow Jones Islamic5.3% S&P Shariah5.9% MSCI Islamic30.0% MSCI Islamic M-Series5.9% FTSE Shariah30.0% |
| ULTA Ulta Beauty Inc | COMPLIANT | 1.47% | AAOIFI10.7% Usmani36.2% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic36.2% MSCI Islamic M-Series11.8% FTSE Shariah4.9% |
| LNG Cheniere Energy Inc | NON_COMPLIANT | 1.46% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| TYL Tyler Technologies Inc | COMPLIANT | 1.41% | AAOIFI9.8% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.2% MSCI Islamic25.0% MSCI Islamic M-Series7.2% FTSE Shariah24.2% |
| P Everpure Inc | COMPLIANT | 1.40% | AAOIFI0.7% Usmani4.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic4.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| DPZ Domino's Pizza Inc | NON_COMPLIANT | 1.33% | AAOIFI45.3% Usmani297.7% Dow Jones Islamic37.0% S&P Shariah36.3% MSCI Islamic290.5% MSCI Islamic M-Series36.3% FTSE Shariah277.0% |
| Andersen Group Inc | UNSCREENED | 1.32% | no in-house ratios for this holding |
| CSL Carlisle Cos Inc | COMPLIANT | 1.31% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AAON AAON Inc | COMPLIANT | 1.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ODFL Old Dominion Freight Line Inc | COMPLIANT | 1.24% | AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3% |
| EFX Equifax Inc | COMPLIANT | 1.14% | AAOIFI27.1% Usmani45.6% Dow Jones Islamic19.8% S&P Shariah19.6% MSCI Islamic45.6% MSCI Islamic M-Series19.6% FTSE Shariah45.6% |
| AJG Arthur J Gallagher & Co | NON_COMPLIANT | 1.10% | AAOIFI21.0% Usmani17.2% Dow Jones Islamic20.7% S&P Shariah22.4% MSCI Islamic17.2% MSCI Islamic M-Series22.4% FTSE Shariah16.6% |
| ARES Ares Management Corp | NON_COMPLIANT | 1.10% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DASH DoorDash Inc | COMPLIANT | 1.09% | AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9% |
| ROST Ross Stores Inc | COMPLIANT | 1.04% | AAOIFI6.4% Usmani29.7% Dow Jones Islamic8.5% S&P Shariah9.2% MSCI Islamic29.7% MSCI Islamic M-Series9.2% FTSE Shariah6.4% |
| CVNA Carvana Co | COMPLIANT | 1.02% | AAOIFI6.8% Usmani38.2% Dow Jones Islamic8.2% S&P Shariah10.9% MSCI Islamic38.2% MSCI Islamic M-Series10.9% FTSE Shariah35.5% |
| LSCC Lattice Semiconductor Corp | COMPLIANT | 1.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DT Dynatrace Inc | COMPLIANT | 1.01% | AAOIFI1.1% Usmani3.9% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic3.9% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| CSGP CoStar Group Inc | QUESTIONABLE | 0.98% | AAOIFI9.1% Usmani11.4% Dow Jones Islamic4.2% S&P Shariah3.9% MSCI Islamic11.3% MSCI Islamic M-Series3.9% FTSE Shariah9.8% |
| TOST Toast Inc | COMPLIANT | 0.97% | AAOIFI0.1% Usmani0.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.5% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| PSN Parsons Corp | COMPLIANT | 0.96% | AAOIFI33.0% Usmani28.0% Dow Jones Islamic21.7% S&P Shariah21.1% MSCI Islamic27.9% MSCI Islamic M-Series21.1% FTSE Shariah25.2% |
| ZS Zscaler Inc | COMPLIANT | 0.79% | AAOIFI7.7% Usmani23.6% Dow Jones Islamic5.6% S&P Shariah5.9% MSCI Islamic23.6% MSCI Islamic M-Series5.9% FTSE Shariah21.6% |
| AS Amer Sports Inc | COMPLIANT | 0.78% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CMG Chipotle Mexican Grill Inc | NON_COMPLIANT | 0.57% | AAOIFI14.3% Usmani61.1% Dow Jones Islamic9.4% S&P Shariah8.6% MSCI Islamic61.1% MSCI Islamic M-Series8.6% FTSE Shariah0.0% |
| CASY Casey's General Stores Inc | NON_COMPLIANT | 0.55% | AAOIFI13.4% Usmani31.8% Dow Jones Islamic13.9% S&P Shariah16.3% MSCI Islamic31.8% MSCI Islamic M-Series16.3% FTSE Shariah26.6% |
| HUBS HubSpot Inc | COMPLIANT | 0.52% | AAOIFI5.0% Usmani17.3% Dow Jones Islamic2.6% S&P Shariah2.4% MSCI Islamic17.3% MSCI Islamic M-Series2.4% FTSE Shariah10.5% |
| Bright Horizons Family Solutio | UNSCREENED | 0.51% | no in-house ratios for this holding |
| BRKR Bruker Corp | COMPLIANT | 0.49% | AAOIFI18.9% Usmani30.1% Dow Jones Islamic25.7% S&P Shariah22.6% MSCI Islamic30.1% MSCI Islamic M-Series22.6% FTSE Shariah30.1% |
| GH Guardant Health Inc | COMPLIANT | 0.43% | AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6% |
| RBLX ROBLOX Corp | COMPLIANT | 0.41% | AAOIFI5.7% Usmani18.8% Dow Jones Islamic3.5% S&P Shariah4.2% MSCI Islamic18.8% MSCI Islamic M-Series4.2% FTSE Shariah10.4% |
The published standards disagree about this fund by 32 points of portfolio weight — 69.1% of it passes AAOIFI, 36.6% 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 69.1% ratios fail on 12.8% 22.3% not rated under AAOIFI
ratios pass on 49.5% ratios fail on 28.8% 25.9% not rated under Usmani
ratios pass on 64.5% ratios fail on 17.4% 22.3% not rated under Dow Jones Islamic
ratios pass on 67.6% ratios fail on 11.9% 24.7% not rated under S&P Shariah
ratios pass on 36.6% ratios fail on 44.8% 22.8% not rated under MSCI Islamic
ratios pass on 62.1% ratios fail on 17.4% 24.7% not rated under MSCI Islamic M-Series
ratios pass on 51.3% ratios fail on 30.2% 22.7% not rated under FTSE Shariah
55 of 61 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 50 (82% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| HLT Hilton Worldwide Holdings Inc | 4.17% |
| VST Vistra Corp | 3.61% |
| OII Oceaneering International Inc | 2.01% |
| MDLN Medline Inc | 2.00% |
| EXPE Expedia Group Inc | 1.98% |
| DDOG Datadog Inc | 1.92% |
| VEEV Veeva Systems Inc | 1.90% |
| NET Cloudflare Inc | 1.65% |
| OPLN OPENLANE Inc | 1.57% |
| LNG Cheniere Energy Inc | 1.46% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Brown Advisory Mid-Cap Growth Fund (BAFMX) 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 |
|---|---|---|
| First American Government Oblinot matched to a ticker | 8.71% | Not screened |
| HLTHilton Worldwide Holdings Inc | 4.17% | Non-compliant |
| VSTVistra Corp | 3.61% | Non-compliant |
| CAHCardinal Health Inc | 3.56% | Compliant |
| GWREGuidewire Software Inc | 2.97% | Questionable |
| MPWRMonolithic Power Systems Inc | 2.81% | Compliant |
| WCNWaste Connections Inc | 2.80% | Compliant |
| VMCVulcan Materials Co | 2.62% | Compliant |
| HEIHEICO Corp | 2.40% | Compliant |
| FIXComfort Systems USA Inc | 2.38% | Compliant |
Top 10 of 61 holdings, 36.0% 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.
- First American Government Oblinot screened8.71%
- HLTnon-compliant4.17%
- VSTnon-compliant3.61%
- GWREquestionable2.97%
- OIInon-compliant2.01%
- MDLNnon-compliant2.00%
What changed, and when
Verdict history for BAFMX. 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 BAFMX 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
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.