BEMDETF / FundBNY Mellon Emerging Markets Debt ETF
Verdicts genuinely change. Free email alert the moment BEMD's does — no target price to set, unlike a price alert.
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.
BNY Mellon Emerging Markets Debt ETF · BNY Mellon ETF Trust II
96 holdings · as of 2026-08-31 (2.4 months ago)
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 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 21.76% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 79% turns out to be. Matching more holdings can only raise this share, never lower it.
17.68% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
96 holdings, 9 matched (23% of weight). Portfolio as of 2026-08-31, filed 2026-10-27. Source: SEC Form N-PORT.
2.39% of this portfolio’s income is non-permissible — weighted across holdings, computed over 6% of portfolio weight (5 of 96 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (96)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 5.98% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 4.18% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 3.79% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 3.72% | no in-house ratios for this holding |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL | UNSCREENED | 2.63% | no in-house ratios for this holding |
| CORPORACION NACIONAL DEL COBRE DEL CHILE SA | UNSCREENED | 2.55% | no in-house ratios for this holding |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY | UNSCREENED | 2.23% | no in-house ratios for this holding |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 2.07% | no in-house ratios for this holding |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA | UNSCREENED | 2.03% | no in-house ratios for this holding |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO | UNSCREENED | 1.92% | no in-house ratios for this holding |
| ECUADOR, REPUBLICA DEL - MINISTERIO DE FINANZAS Y CREDITO PUBLICO | UNSCREENED | 1.82% | no in-house ratios for this holding |
| ANGOLA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 1.74% | no in-house ratios for this holding |
| PRX.AS PROSUS NV | NON_COMPLIANT | 1.66% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAHRAIN, KINGDOM OF - MINISTRY OF FINANCE & NATIONAL ECONOMY | UNSCREENED | 1.60% | no in-house ratios for this holding |
| PETROLEOS DEL PERU' - PETROPERU SA | UNSCREENED | 1.60% | no in-house ratios for this holding |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 1.59% | no in-house ratios for this holding |
| ECOPETROL.CL ECOPETROL SA | NON_COMPLIANT | 1.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAHRAIN, KINGDOM OF - MINISTRY OF FINANCE & NATIONAL ECONOMY | UNSCREENED | 1.52% | no in-house ratios for this holding |
| ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO | UNSCREENED | 1.42% | no in-house ratios for this holding |
| PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY | UNSCREENED | 1.31% | no in-house ratios for this holding |
| EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 1.26% | no in-house ratios for this holding |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE) | UNSCREENED | 1.24% | no in-house ratios for this holding |
| KENYA, GOVERNMENT OF | UNSCREENED | 1.23% | no in-house ratios for this holding |
| COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO | UNSCREENED | 1.22% | no in-house ratios for this holding |
| PETROLEOS DE VENEZUELA SA | UNSCREENED | 1.17% | no in-house ratios for this holding |
| MOROCCO, KINGDOM OF - MINISTRY OF FINANCE AND FOREIGN INVESTMENT | UNSCREENED | 1.12% | no in-house ratios for this holding |
| LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 1.07% | no in-house ratios for this holding |
| EAGLE FUNDING LUXCO SARL | UNSCREENED | 1.04% | no in-house ratios for this holding |
| TRINIDAD AND TOBAGO, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 1.03% | no in-house ratios for this holding |
| PETROLEOS MEXICANOS SA DE CV | UNSCREENED | 1.00% | no in-house ratios for this holding |
| EL SALVADOR, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.96% | no in-house ratios for this holding |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.93% | no in-house ratios for this holding |
| NIC.AX NICKEL INDUSTRIES LTD | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NIGERIA, FEDERAL REPUBLIC OF - DEBT MANAGEMENT OFFICE (THE) | UNSCREENED | 0.86% | no in-house ratios for this holding |
| COSTA RICA, REPUBLIC OF | UNSCREENED | 0.86% | no in-house ratios for this holding |
| DISTRITO ESPECIAL INDUSTRIAL Y PORTUARIO DE BARRANQUILLA | UNSCREENED | 0.86% | no in-house ratios for this holding |
| TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY | UNSCREENED | 0.85% | no in-house ratios for this holding |
| DOMINICAN, REPUBLIC OF - MINISTERIO DE HACIENDA | UNSCREENED | 0.85% | no in-house ratios for this holding |
| PROMIGAS SA/GASES DEL PACIFICO SAC/PROMIGAS PERU SAC/GASES DEL NORTE DEL PERU SAC | UNSCREENED | 0.85% | no in-house ratios for this holding |
| GENERADORA DE GATUN SA | UNSCREENED | 0.85% | no in-house ratios for this holding |
| TURKIYE VARLIK FONU YONETIMI AS | UNSCREENED | 0.84% | no in-house ratios for this holding |
| COX ASSET MEXICO SA DE CV | UNSCREENED | 0.84% | no in-house ratios for this holding |
| KAZMUNAYGAS NATIONAL COMPANY JSC | UNSCREENED | 0.84% | no in-house ratios for this holding |
| JORDAN, HASHEMITE KINGDOM OF - MINISTRY OF FINANCE | UNSCREENED | 0.84% | no in-house ratios for this holding |
| VEDANTA RESOURCES FINANCE II PLC | UNSCREENED | 0.84% | no in-house ratios for this holding |
| AVILEASE CAPITAL LTD | UNSCREENED | 0.83% | no in-house ratios for this holding |
| GREENSAIF PIPELINES BIDCO SARL | UNSCREENED | 0.83% | no in-house ratios for this holding |
| PETROLEOS MEXICANOS SA DE CV | UNSCREENED | 0.83% | no in-house ratios for this holding |
| SIBANYE-STILLWATER UK FINANCING PLC | UNSCREENED | 0.83% | no in-house ratios for this holding |
| ICL ICL GROUP LTD | UNRATED | 0.83% | AAOIFI12.4% Usmani18.7% Dow Jones Islamic32.2% S&P Shariah34.7% MSCI Islamic18.7% MSCI Islamic M-Series34.7% FTSE Shariah18.7% |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.83% | no in-house ratios for this holding |
| HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.83% | no in-house ratios for this holding |
| BANQUE OUEST AFRICAINE DE DEVELOPPEMENT | UNSCREENED | 0.83% | no in-house ratios for this holding |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO | UNSCREENED | 0.82% | no in-house ratios for this holding |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY | UNSCREENED | 0.82% | no in-house ratios for this holding |
| GREEN PALM BIDCO SARL | UNSCREENED | 0.82% | no in-house ratios for this holding |
| ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.82% | no in-house ratios for this holding |
| COMISION FEDERAL DE ELECTRICIDAD | UNSCREENED | 0.81% | no in-house ratios for this holding |
| GUATEMALA, REPUBLIC OF - MINISTRY OF PUBLIC FINANCE | UNSCREENED | 0.81% | no in-house ratios for this holding |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO | UNSCREENED | 0.81% | no in-house ratios for this holding |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL | UNSCREENED | 0.81% | no in-house ratios for this holding |
| GDZ ELEKTRIK DAGITIM AS | UNSCREENED | 0.81% | no in-house ratios for this holding |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL | UNSCREENED | 0.81% | no in-house ratios for this holding |
| GACI FIRST INVESTMENT COMPANY | UNSCREENED | 0.80% | no in-house ratios for this holding |
| DAE FUNDING LLC | UNSCREENED | 0.80% | no in-house ratios for this holding |
| AVIANCA MIDCO 2 PLC | UNSCREENED | 0.79% | no in-house ratios for this holding |
| ISRAEL, STATE OF - MINISTRY OF FINANCE | UNSCREENED | 0.78% | no in-house ratios for this holding |
| ALDAR PROPERTIES PJSC | UNSCREENED | 0.78% | no in-house ratios for this holding |
| PETROLEOS MEXICANOS SA DE CV | UNSCREENED | 0.76% | no in-house ratios for this holding |
| 2222.SR SAUDI ARABIAN OIL COMPANY | COMPLIANT | 0.75% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| Dreyfus Institutional Reserves Funds | UNSCREENED | 0.75% | no in-house ratios for this holding |
| GHANA, REPUBLIC OF | UNSCREENED | 0.74% | no in-house ratios for this holding |
| ABU DHABI CRUDE OIL PIPELINE LLC | UNSCREENED | 0.72% | no in-house ratios for this holding |
| GABON, REPUBLIC OF - MINISTRY OF PUBLIC ACCOUNTS AND DEBT | UNSCREENED | 0.72% | no in-house ratios for this holding |
| SHARJAH, EMIRATES OF - MINISTRY OF FINANCE | UNSCREENED | 0.72% | no in-house ratios for this holding |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.72% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.69% | no in-house ratios for this holding |
| PETROLEOS DEL PERU' - PETROPERU SA | UNSCREENED | 0.62% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.56% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.48% | no in-house ratios for this holding |
| INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.47% | no in-house ratios for this holding |
| INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.46% | no in-house ratios for this holding |
| VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.42% | no in-house ratios for this holding |
| CORDOBA, PROVINCE OF | UNSCREENED | 0.41% | no in-house ratios for this holding |
| SANTA FE, PROVINCE OF | UNSCREENED | 0.38% | no in-house ratios for this holding |
| NEUQUEN, PROVINCE OF | UNSCREENED | 0.29% | no in-house ratios for this holding |
| ENERGEAN ISRAEL FINANCE LTD | UNSCREENED | 0.26% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.26% | no in-house ratios for this holding |
| TECPETROL SA | UNSCREENED | 0.21% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.21% | no in-house ratios for this holding |
| UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE | UNSCREENED | 0.18% | no in-house ratios for this holding |
| EUREX Clearing Aktiengesellschaft | UNSCREENED | 0.11% | no in-house ratios for this holding |
| GHANA, REPUBLIC OF | UNSCREENED | 0.09% | no in-house ratios for this holding |
| HSBC BANK PLC | UNSCREENED | 0.06% | no in-house ratios for this holding |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | UNSCREENED | 0.06% | no in-house ratios for this holding |
| EUREX Clearing Aktiengesellschaft | UNSCREENED | 0.03% | no in-house ratios for this holding |
The published standards disagree about this fund by 2 points of portfolio weight — 2.4% of it passes Usmani, 0.8% passes Dow Jones 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 1.6% ratios fail on 4.1% 96.4% not rated under AAOIFI
ratios pass on 2.4% ratios fail on 3.2% 96.4% not rated under Usmani
ratios pass on 0.8% ratios fail on 4.1% 97.2% not rated under Dow Jones Islamic
ratios pass on 0.8% ratios fail on 4.9% 96.4% not rated under S&P Shariah
ratios pass on 1.6% ratios fail on 3.2% 97.2% not rated under MSCI Islamic
ratios pass on 0.8% ratios fail on 4.9% 96.4% not rated under MSCI Islamic M-Series
ratios pass on 1.6% ratios fail on 3.2% 97.2% not rated under FTSE Shariah
5 of 96 listed holdings carry our own per-methodology verdicts (6% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 2 (2% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 5.98% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 4.18% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 3.79% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 3.72% |
| PRX.AS PROSUS NV | 1.66% |
| ECOPETROL.CL ECOPETROL SA | 1.56% |
| NIC.AX NICKEL INDUSTRIES LTD | 0.87% |
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.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
BNY Mellon Emerging Markets Debt ETF (BEMD) 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 BEMD — 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
Not enough completed daily bars to compute pivots.
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) | 44.70 | NEUTRAL |
| Stochastic %K (14) | 19.05 | BUY |
| CCI (20) | -59.50 | NEUTRAL |
| Williams %R (14) | -80.95 | BUY |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | -0.62 | SELL |
| Momentum (10) | -0.15 | SELL |
| EMA (10) | 23.97 | SELL |
| SMA (10) | 23.98 | SELL |
| EMA (20) | 23.97 | SELL |
| SMA (20) | 23.95 | SELL |
| EMA (30) | 24.00 | SELL |
| SMA (30) | 23.90 | BUY |
| EMA (50) | 24.15 | SELL |
| SMA (50) | 24.07 | SELL |
| EMA (100) | 24.21 | SELL |
About BNY Mellon Emerging Markets Debt ETF
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities of emerging markets issuers. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 44 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Still fetching the volume profile — 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 2026-11-03 · Asset managers net 928584 (+5135)
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.