BAQAXETF / FundBrown Advisory Emerging Markets Select Fund
Verdicts genuinely change. Free email alert the moment BAQAX'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 Emerging Markets Select Fund · Brown Advisory Funds
111 holdings
NON-COMPLIANT 32.17% of portfolio weight is in non-compliant holdings, over the 5% threshold.
111 holdings, 87 matched (86% of weight). Portfolio as of 2026-06-30, filed 2026-08-25. Source: SEC Form N-PORT.
5.79% of this portfolio’s income is non-permissible — weighted across holdings, computed over 75% of portfolio weight (71 of 111 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.
53.7% compliant 0.0% questionable 32.2% non-compliant 13.9% unscreened
All holdings (111)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM TSMC | COMPLIANT | 14.01% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 005930.KS Samsung Electronics Co Ltd | COMPLIANT | 8.36% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 000660.KS SK hynix Inc | COMPLIANT | 6.70% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0700.HK Tencent Holdings Ltd | COMPLIANT | 3.21% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| First American Government Obli | UNSCREENED | 2.48% | no in-house ratios for this holding |
| BABA Alibaba Group Holding Ltd | COMPLIANT | 2.29% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| D05.SI DBS Group Holdings Ltd | NON_COMPLIANT | 1.62% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| 2454.TW MediaTek Inc | COMPLIANT | 1.57% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2338.HK Weichai Power Co Ltd | NON_COMPLIANT | 1.40% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0939.HK China Construction Bank Corp | NON_COMPLIANT | 1.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2891.TW CTBC Financial Holding Co Ltd | NON_COMPLIANT | 1.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 105560.KS KB Financial Group Inc | NON_COMPLIANT | 1.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2308.TW Delta Electronics Inc | COMPLIANT | 1.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ABEV3.SA Ambev SA | NON_COMPLIANT | 0.96% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAP Credicorp Ltd | NON_COMPLIANT | 0.94% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BHARTIARTL.BO Bharti Airtel Ltd | COMPLIANT | 0.91% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 6690.HK Haier Smart Home Co Ltd | COMPLIANT | 0.88% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CATL | UNSCREENED | 0.88% | no in-house ratios for this holding |
| CHINA OVERSEAS | UNSCREENED | 0.88% | no in-house ratios for this holding |
| 002371.SZ NAURA Technology Group Co Ltd | COMPLIANT | 0.85% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1299.HK AIA Group Ltd | NON_COMPLIANT | 0.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ZIJMY Zijin Mining Group Co Ltd | COMPLIANT | 0.84% | AAOIFI18.1% Usmani32.2% Dow Jones Islamic1.4% S&P Shariah1.6% MSCI Islamic32.1% MSCI Islamic M-Series1.6% FTSE Shariah32.1% |
| RELIANCE.NS Reliance Industries Ltd | COMPLIANT | 0.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0669.HK Techtronic Industries Co Ltd | COMPLIANT | 0.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0027.HK Galaxy Entertainment Group Ltd | NON_COMPLIANT | 0.83% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HDFCBANK.NS HDFC Bank Ltd | NON_COMPLIANT | 0.80% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ZTO ZTO Express Cayman Inc | COMPLIANT | 0.80% | AAOIFI9.0% Usmani12.6% Dow Jones Islamic10.4% S&P Shariah10.5% MSCI Islamic12.6% MSCI Islamic M-Series10.5% FTSE Shariah12.1% |
| SHENZHOU INTL | UNSCREENED | 0.79% | no in-house ratios for this holding |
| CMIG3.SA Cia Energetica de Minas Gerais | NON_COMPLIANT | 0.78% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 005930.KS Samsung Electronics Co Ltd | COMPLIANT | 0.77% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 0300.HK Midea Group Co Ltd | COMPLIANT | 0.77% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PETROBRAS | UNSCREENED | 0.76% | no in-house ratios for this holding |
| People's Insurance Co Group of | UNSCREENED | 0.75% | no in-house ratios for this holding |
| Hankook Tire & Technology Co L | UNSCREENED | 0.74% | no in-house ratios for this holding |
| SBILIFE.NS SBI Life Insurance Co Ltd | NON_COMPLIANT | 0.73% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| F34.SI Wilmar International Ltd | NON_COMPLIANT | 0.71% | AAOIFI169.2% Usmani47.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic47.4% MSCI Islamic M-Seriesfail FTSE Shariah47.4% |
| LODHA.NS Lodha Developers Ltd | COMPLIANT | 0.71% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Kaspi.KZ JSC | UNSCREENED | 0.71% | no in-house ratios for this holding |
| Advanced Micro-Fabrication Equ | UNSCREENED | 0.70% | no in-house ratios for this holding |
| 3968.HK China Merchants Bank Co Ltd | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CTSH Cognizant Technology Solutions | COMPLIANT | 0.70% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| ICICIBANK.NS ICICI Bank Ltd | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VALE3.SA Vale SA | NON_COMPLIANT | 0.68% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0288.HK WH Group Ltd | NON_COMPLIANT | 0.68% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 012450.KS Hanwha Aerospace Co Ltd | NON_COMPLIANT | 0.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2379.TW Realtek Semiconductor Corp | COMPLIANT | 0.67% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0016.HK Sun Hung Kai Properties Ltd | NON_COMPLIANT | 0.66% | AAOIFI30.3% Usmani13.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic12.9% MSCI Islamic M-Series— FTSE Shariah12.9% |
| 2382.TW Quanta Computer Inc | COMPLIANT | 0.66% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UPL.BO UPL Ltd | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| OTP.BD OTP Bank Nyrt | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| OU8.F SCB X PCL | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ZTO ZTO Express Cayman Inc | COMPLIANT | 0.60% | AAOIFI9.0% Usmani12.6% Dow Jones Islamic10.4% S&P Shariah10.5% MSCI Islamic12.6% MSCI Islamic M-Series10.5% FTSE Shariah12.1% |
| BAJFINANCE.NS Bajaj Finance Ltd | NON_COMPLIANT | 0.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VNM.VN Vietnam Dairy Products JSC | COMPLIANT | 0.59% | AAOIFI7.4% Usmani17.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic17.7% MSCI Islamic M-Seriespass FTSE Shariah17.7% |
| BBAS3.SA Banco do Brasil SA | NON_COMPLIANT | 0.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ITUB3.SA Itau Unibanco Holding SA | NON_COMPLIANT | 0.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 064350.KS Hyundai Rotem Co Ltd | COMPLIANT | 0.58% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 241560.KS Doosan Bobcat Inc | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| iShares MSCI All Country Asia | UNSCREENED | 0.58% | no in-house ratios for this holding |
| Asia Vital Components Co Ltd | UNSCREENED | 0.55% | no in-house ratios for this holding |
| 2324.TW Compal Electronics Inc | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Apollo Hospitals Enterprise Lt | UNSCREENED | 0.53% | no in-house ratios for this holding |
| 3661.TW Alchip Technologies Ltd | NON_COMPLIANT | 0.53% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 030200.KS KT Corp | NON_COMPLIANT | 0.53% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BIDU Baidu Inc | NON_COMPLIANT | 0.52% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| ORIENTAL YUHONG | UNSCREENED | 0.51% | no in-house ratios for this holding |
| Richter Gedeon Nyrt | UNSCREENED | 0.50% | no in-house ratios for this holding |
| B3SA3.SA B3 SA - Brasil Bolsa Balcao | NON_COMPLIANT | 0.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6415.TW Silergy Corp | COMPLIANT | 0.50% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BAJAJFINSV.NS Bajaj Finserv Ltd | NON_COMPLIANT | 0.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NATU3.SA Natura Cosmeticos SA | NON_COMPLIANT | 0.49% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 2423.HK KE Holdings Inc | NON_COMPLIANT | 0.48% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 5274.TWO ASPEED Technology Inc | COMPLIANT | 0.48% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 2317.TW Hon Hai Precision Industry Co | NON_COMPLIANT | 0.48% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 000270.KS Kia Corp | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 055550.KS Shinhan Financial Group Co Ltd | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MMYT MakeMyTrip Ltd | NON_COMPLIANT | 0.47% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| Bank Rakyat Indonesia Persero | UNSCREENED | 0.46% | no in-house ratios for this holding |
| AKBNK.IS Akbank TAS | NON_COMPLIANT | 0.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 402340.KS SK Square Co Ltd | COMPLIANT | 0.45% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| BKKPF Bangkok Bank PCL | NON_COMPLIANT | 0.45% | AAOIFI151.3% Usmani11.7% Dow Jones Islamic189.1% S&P Shariah206.0% MSCI Islamic11.7% MSCI Islamic M-Series206.0% FTSE Shariah11.7% |
| OBEROIRLTY.NS Oberoi Realty Ltd | COMPLIANT | 0.44% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| VBL.NS Varun Beverages Ltd | COMPLIANT | 0.43% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2222.SR Saudi Arabian Oil Co | COMPLIANT | 0.43% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| FUYAO GLASS | UNSCREENED | 0.43% | no in-house ratios for this holding |
| 298040.KS Hyosung Heavy Industries Corp | COMPLIANT | 0.43% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9961.HK Trip.com Group Ltd | NON_COMPLIANT | 0.42% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BAJAJ-AUTO.NS Bajaj Auto Ltd | COMPLIANT | 0.41% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GRAB Grab Holdings Ltd | NON_COMPLIANT | 0.38% | AAOIFI14.7% Usmani17.1% Dow Jones Islamic11.1% S&P Shariah12.2% MSCI Islamic17.1% MSCI Islamic M-Series12.2% FTSE Shariah17.1% |
| ZOOMLION CO. LTD. | UNSCREENED | 0.37% | no in-house ratios for this holding |
| 267260.KS HD Hyundai Electric Co Ltd | COMPLIANT | 0.34% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0881.HK Zhongsheng Group Holdings Ltd | NON_COMPLIANT | 0.34% | AAOIFI398.4% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.4% MSCI Islamic M-Seriesfail FTSE Shariah33.4% |
| 2423.HK KE Holdings Inc | NON_COMPLIANT | 0.33% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMBER.NS Amber Enterprises India Ltd | COMPLIANT | 0.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ICICIBANK.NS ICICI Bank Ltd | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TAF1.F True Corp PCL | NON_COMPLIANT | 0.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3808.HK Sinotruk Hong Kong Ltd | NON_COMPLIANT | 0.29% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BKKPF Bangkok Bank PCL | NON_COMPLIANT | 0.28% | AAOIFI151.3% Usmani11.7% Dow Jones Islamic189.1% S&P Shariah206.0% MSCI Islamic11.7% MSCI Islamic M-Series206.0% FTSE Shariah11.7% |
| PING AN | UNSCREENED | 0.28% | no in-house ratios for this holding |
| IGL.NS Indraprastha Gas Ltd | COMPLIANT | 0.27% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1378.HK China Hongqiao Group Ltd | NON_COMPLIANT | 0.27% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Indorama Ventures PCL | UNSCREENED | 0.26% | no in-house ratios for this holding |
| GLOB Globant SA | NON_COMPLIANT | 0.26% | AAOIFI23.1% Usmani11.1% Dow Jones Islamic8.3% S&P Shariah6.3% MSCI Islamic11.1% MSCI Islamic M-Series6.3% FTSE Shariah11.1% |
| Zijin Gold International Co Lt | UNSCREENED | 0.26% | no in-house ratios for this holding |
| 005830.KS DB Insurance Co Ltd | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| YUE YUEN IND | UNSCREENED | 0.17% | no in-house ratios for this holding |
| FUYAO GLASS | UNSCREENED | 0.17% | no in-house ratios for this holding |
| RECLTD.NS REC Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PING AN | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Sberbank of Russia PJSC | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 0135.HK Kunlun Energy Co Ltd | NON_COMPLIANT | 0.06% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
The published standards disagree about this fund by 18 points of portfolio weight — 52.5% of it passes AAOIFI, 34.1% 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 52.5% ratios fail on 33.4% 13.9% not rated under AAOIFI
ratios pass on 38.4% ratios fail on 41.3% 20.1% not rated under Usmani
ratios pass on 49.6% ratios fail on 29.8% 20.3% not rated under Dow Jones Islamic
ratios pass on 50.3% ratios fail on 29.2% 20.3% not rated under S&P Shariah
ratios pass on 34.1% ratios fail on 45.3% 20.3% not rated under MSCI Islamic
ratios pass on 48.8% ratios fail on 30.6% 20.3% not rated under MSCI Islamic M-Series
ratios pass on 37.5% ratios fail on 42.0% 20.3% not rated under FTSE Shariah
82 of 111 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, 18 (36% 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 | 1.62% |
| 2338.HK Weichai Power Co Ltd | 1.40% |
| 0939.HK China Construction Bank Corp | 1.39% |
| 2891.TW CTBC Financial Holding Co Ltd | 1.24% |
| 105560.KS KB Financial Group Inc | 1.17% |
| ABEV3.SA Ambev SA | 0.96% |
| BAP Credicorp Ltd | 0.94% |
| 1299.HK AIA Group Ltd | 0.85% |
| 0027.HK Galaxy Entertainment Group Ltd | 0.83% |
| HDFCBANK.NS HDFC Bank Ltd | 0.80% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Brown Advisory Emerging Markets Select Fund (BAQAX) 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 |
|---|---|---|
| TSMTSMC | 14.01% | Compliant |
| 005930.KSSamsung Electronics Co Ltd | 8.36% | Compliant |
| 000660.KSSK hynix Inc | 6.70% | Compliant |
| 0700.HKTencent Holdings Ltd | 3.21% | Compliant |
| First American Government Oblinot matched to a ticker | 2.48% | Not screened |
| BABAAlibaba Group Holding Ltd | 2.29% | Compliant |
| D05.SIDBS Group Holdings Ltd | 1.62% | Non-compliant |
| 2454.TWMediaTek Inc | 1.57% | Compliant |
| 2338.HKWeichai Power Co Ltd | 1.40% | Non-compliant |
| 0939.HKChina Construction Bank Corp | 1.39% | Non-compliant |
Top 10 of 111 holdings, 43.0% 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 screened2.48%
- D05.SInon-compliant1.62%
- 2338.HKnon-compliant1.40%
- 0939.HKnon-compliant1.39%
- 2891.TWnon-compliant1.24%
- 105560.KSnon-compliant1.17%
What changed, and when
Verdict history for BAQAX. 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 BAQAX 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
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) | 39.20 | NEUTRAL |
| Stochastic %K (14) | 26.79 | NEUTRAL |
| CCI (20) | -64.87 | NEUTRAL |
| Williams %R (14) | -73.21 | NEUTRAL |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -1.74 | SELL |
| Momentum (10) | -0.29 | SELL |
| EMA (10) | 16.45 | SELL |
| SMA (10) | 16.41 | SELL |
| EMA (20) | 16.71 | SELL |
| SMA (20) | 16.82 | SELL |
| EMA (30) | 16.88 | SELL |
| SMA (30) | 17.06 | SELL |
| EMA (50) | 17.05 | SELL |
| SMA (50) | 17.26 | SELL |
| EMA (100) | 17.09 | SELL |
| SMA (100) | 17.30 | SELL |
| EMA (200) | 16.62 | SELL |
| SMA (200) | 16.92 | SELL |
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.