BDAFXETF / FundBaron Durable Advantage Fund
Verdicts genuinely change. Free email alert the moment BDAFX'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.
Baron Durable Advantage Fund · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
29 holdings
NON-COMPLIANT 18.72% of portfolio weight is in non-compliant holdings, over the 5% threshold.
29 holdings, 28 matched (97% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
2.85% of this portfolio’s income is non-permissible — weighted across holdings, computed over 97% of portfolio weight (28 of 29 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.
52.3% compliant 25.4% questionable 18.7% non-compliant 2.8% unscreened
All holdings (29)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Co Ltd | COMPLIANT | 10.38% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| NVDA NVIDIA Corp | COMPLIANT | 8.72% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| GOOG Alphabet Inc | QUESTIONABLE | 7.83% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| AMZN Amazon.com Inc | QUESTIONABLE | 7.37% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| AVGO Broadcom Inc | COMPLIANT | 5.56% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| MPWR Monolithic Power Systems Inc | COMPLIANT | 5.37% | AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| META Meta Platforms Inc | QUESTIONABLE | 4.67% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| MSFT Microsoft Corp | QUESTIONABLE | 4.53% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| V Visa Inc | COMPLIANT | 4.25% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| WELL Welltower Inc | COMPLIANT | 3.49% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| HEI HEICO Corp | COMPLIANT | 3.14% | AAOIFI5.8% Usmani25.6% Dow Jones Islamic31.9% S&P Shariah36.0% MSCI Islamic25.6% MSCI Islamic M-Series36.0% FTSE Shariah25.6% |
| MSCI MSCI Inc | COMPLIANT | 3.00% | AAOIFI15.7% Usmani116.8% Dow Jones Islamic15.3% S&P Shariah15.6% MSCI Islamic116.8% MSCI Islamic M-Series15.6% FTSE Shariah113.9% |
| APH Amphenol Corp | NON_COMPLIANT | 2.85% | AAOIFI9.5% Usmani42.0% Dow Jones Islamic13.3% S&P Shariah16.1% MSCI Islamic42.0% MSCI Islamic M-Series16.1% FTSE Shariah42.0% |
| Moody's Corp | UNSCREENED | 2.82% | no in-house ratios for this holding |
| BN Brookfield Corp | NON_COMPLIANT | 2.53% | AAOIFI15.8% Usmani2.8% Dow Jones Islamic14.1% S&P Shariah16.0% MSCI Islamic2.8% MSCI Islamic M-Series16.0% FTSE Shariah2.8% |
| SPGI S&P Global Inc | COMPLIANT | 2.42% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| APO Apollo Global Management Inc | NON_COMPLIANT | 2.21% | AAOIFI17.4% Usmani2.8% Dow Jones Islamic17.8% S&P Shariah19.6% MSCI Islamic2.8% MSCI Islamic M-Series19.6% FTSE Shariah2.8% |
| LPLA LPL Financial Holdings Inc | NON_COMPLIANT | 2.08% | AAOIFI27.1% Usmani37.7% Dow Jones Islamic28.8% S&P Shariah32.0% MSCI Islamic37.7% MSCI Islamic M-Series32.0% FTSE Shariah37.7% |
| TDG TransDigm Group Inc | NON_COMPLIANT | 2.03% | AAOIFI51.2% Usmani123.0% Dow Jones Islamic45.8% S&P Shariah49.7% MSCI Islamic123.0% MSCI Islamic M-Series49.7% FTSE Shariah123.0% |
| LRCX Lam Research Corp | COMPLIANT | 2.03% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| CME CME Group Inc | NON_COMPLIANT | 1.84% | AAOIFI0.4% Usmani0.2% Dow Jones Islamic2.3% S&P Shariah2.5% MSCI Islamic0.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| BX Blackstone Inc | NON_COMPLIANT | 1.79% | AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7% |
| MA Mastercard Inc | COMPLIANT | 1.48% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| PWR Quanta Services Inc | COMPLIANT | 1.45% | AAOIFI6.9% Usmani23.3% Dow Jones Islamic10.1% S&P Shariah12.1% MSCI Islamic23.3% MSCI Islamic M-Series12.1% FTSE Shariah21.5% |
| TXRH Texas Roadhouse Inc | NON_COMPLIANT | 1.16% | AAOIFI8.7% Usmani29.6% Dow Jones Islamic9.3% S&P Shariah10.1% MSCI Islamic29.6% MSCI Islamic M-Series10.1% FTSE Shariah1.4% |
| ARXS Arxis Inc | NON_COMPLIANT | 1.12% | AAOIFI8.3% Usmani25.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic25.5% MSCI Islamic M-Seriespass FTSE Shariah24.5% |
| ACGL Arch Capital Group Ltd | 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% |
| MTD Mettler-Toledo International Inc | COMPLIANT | 1.05% | AAOIFI7.8% Usmani57.5% Dow Jones Islamic8.0% S&P Shariah7.9% MSCI Islamic57.5% MSCI Islamic M-Series7.9% FTSE Shariah57.5% |
| COST Costco Wholesale Corp | QUESTIONABLE | 0.97% | AAOIFI2.0% Usmani11.4% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic9.8% MSCI Islamic M-Series2.2% FTSE Shariah6.9% |
The published standards disagree about this fund by 34 points of portfolio weight — 87.2% of it passes AAOIFI, 53.2% 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 87.2% ratios fail on 9.3% 2.8% not rated under AAOIFI
ratios pass on 60.6% ratios fail on 28.0% 10.6% not rated under Usmani
ratios pass on 85.7% ratios fail on 10.7% 2.8% not rated under Dow Jones Islamic
ratios pass on 82.6% ratios fail on 10.7% 6.0% not rated under S&P Shariah
ratios pass on 53.2% ratios fail on 35.4% 10.7% not rated under MSCI Islamic
ratios pass on 82.6% ratios fail on 10.7% 6.0% not rated under MSCI Islamic M-Series
ratios pass on 68.4% ratios fail on 28.0% 2.8% not rated under FTSE Shariah
28 of 29 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| APH Amphenol Corp | 2.85% |
| BN Brookfield Corp | 2.53% |
| APO Apollo Global Management Inc | 2.21% |
| LPLA LPL Financial Holdings Inc | 2.08% |
| TDG TransDigm Group Inc | 2.03% |
| CME CME Group Inc | 1.84% |
| BX Blackstone Inc | 1.79% |
| TXRH Texas Roadhouse Inc | 1.16% |
| ARXS Arxis Inc | 1.12% |
| ACGL Arch Capital Group Ltd | 1.10% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Baron Durable Advantage Fund (BDAFX) 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 |
|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co Ltd | 10.38% | Compliant |
| NVDANVIDIA Corp | 8.72% | Compliant |
| GOOGAlphabet Inc | 7.83% | Questionable |
| AMZNAmazon.com Inc | 7.37% | Questionable |
| AVGOBroadcom Inc | 5.56% | Compliant |
| MPWRMonolithic Power Systems Inc | 5.37% | Compliant |
| METAMeta Platforms Inc | 4.67% | Questionable |
| MSFTMicrosoft Corp | 4.53% | Questionable |
| VVisa Inc | 4.25% | Compliant |
| WELLWelltower Inc | 3.49% | Compliant |
Top 10 of 29 holdings, 62.2% 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.
- GOOGquestionable7.83%
- AMZNquestionable7.37%
- METAquestionable4.67%
- MSFTquestionable4.53%
- APHnon-compliant2.85%
- Moody's Corpnot screened2.82%
What changed, and when
Verdict history for BDAFX. 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 BDAFX 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) | 47.60 | NEUTRAL |
| Stochastic %K (14) | 24.31 | NEUTRAL |
| CCI (20) | -54.88 | NEUTRAL |
| Williams %R (14) | -75.69 | NEUTRAL |
| MACD (12,26,9) | -0.08 | SELL |
| ROC (10) | -3.04 | SELL |
| Momentum (10) | -1.09 | SELL |
| EMA (10) | 34.88 | SELL |
| SMA (10) | 35.01 | SELL |
| EMA (20) | 34.91 | SELL |
| SMA (20) | 34.99 | SELL |
| EMA (30) | 34.87 | SELL |
| SMA (30) | 34.76 | SELL |
| EMA (50) | 34.78 | SELL |
| SMA (50) | 34.88 | SELL |
| EMA (100) | 34.47 | BUY |
| SMA (100) | 34.51 | BUY |
| EMA (200) | 33.74 | BUY |
| SMA (200) | 33.57 | 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.