Verdicts genuinely change. Free email alert the moment CNJFX'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.
COMMONWEALTH JAPAN FUND · Commonwealth International Series Trust
48 holdings
NON-COMPLIANT 42.94% of portfolio weight is in non-compliant holdings, over the 5% threshold.
48 holdings, 41 matched (90% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
3.04% of this portfolio’s income is non-permissible — weighted across holdings, computed over 90% of portfolio weight (41 of 48 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.
46.6% compliant 0.0% questionable 42.9% non-compliant 10.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 6508.T MEIDENSHA CORP | COMPLIANT | 5.58% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1812.T KAJIMA CORP | NON_COMPLIANT | 4.91% | AAOIFI37.2% Usmani23.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.0% MSCI Islamic M-Seriesfail FTSE Shariah23.0% |
| 8750.T DAIICHI LIFE GROUP INC | NON_COMPLIANT | 4.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8591.T ORIX CORP | NON_COMPLIANT | 4.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7747.T ASAHI INTECC COMPANY LTD | COMPLIANT | 4.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6501.T HITACHI LTD | COMPLIANT | 4.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| HOYA CORP | UNSCREENED | 4.14% | no in-house ratios for this holding |
| 8795.T T & D HOLDINGS INC | NON_COMPLIANT | 3.88% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8630.T SOMPO HOLDINGS INC | NON_COMPLIANT | 3.74% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6981.T MURATA MANUFACTURING COMPANY LTD | COMPLIANT | 3.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FRCOY FAST RETAILING COMPANY LTD | COMPLIANT | 3.58% | AAOIFI2.5% Usmani26.6% Dow Jones Islamic29.5% S&P Shariah32.8% MSCI Islamic13.3% MSCI Islamic M-Series32.8% FTSE Shariah13.3% |
| 4543.T TERUMO CORP | COMPLIANT | 2.66% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4182.T MITSUBISHI GAS CHEMICAL CO INC | COMPLIANT | 2.56% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6976.T TAIYO YUDEN CO LTD | COMPLIANT | 2.34% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 8830.T SUMITOMO REALTY & DEVELOPMENT CO LTD | NON_COMPLIANT | 2.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8035.T TOKYO ELECTRON LTD | COMPLIANT | 2.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9147.T NIPPON EXPRESS HOLDINGS INC | NON_COMPLIANT | 1.81% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6367.T DAIKIN INDUSTRIES LTD | COMPLIANT | 1.78% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1605.T INPEX CORP | NON_COMPLIANT | 1.69% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1968.T TAIHEI DENGYO KAISHA LTD | COMPLIANT | 1.66% | AAOIFI9.8% Usmani8.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.7% MSCI Islamic M-Seriesfail FTSE Shariah8.7% |
| 6954.T FANUC CORP | COMPLIANT | 1.63% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9742.T INES CORP | COMPLIANT | 1.63% | AAOIFI7.7% Usmani7.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.6% MSCI Islamic M-Seriesfail FTSE Shariah7.6% |
| 7649.T SUGI HOLDINGS COMPANY LTD | COMPLIANT | 1.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1966.T TAKADA CORP | NON_COMPLIANT | 1.61% | AAOIFI97.4% Usmani25.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.8% MSCI Islamic M-Seriesfail FTSE Shariah25.8% |
| 9042.T HANKYU HANSHIN HOLDINGS INC | NON_COMPLIANT | 1.58% | AAOIFI130.8% Usmani40.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.5% MSCI Islamic M-Seriesfail FTSE Shariah40.5% |
| 2503.T KIRIN HOLDINGS COMPANY LTD | NON_COMPLIANT | 1.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8596.T KYUSHU LEASING SERVICE CO LTD | NON_COMPLIANT | 1.57% | AAOIFI426.7% Usmani71.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic70.0% MSCI Islamic M-Seriesfail FTSE Shariah70.0% |
| 4768.T OTSUKA CORP | COMPLIANT | 1.50% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9503.T KANSAI ELECTRIC POWER CO INC (THE) | NON_COMPLIANT | 1.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8113.T UNICHARM CORP | COMPLIANT | 1.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9433.T KDDI CORP | NON_COMPLIANT | 1.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4063.T SHIN-ETSU CHEMICAL COMPANY LTD | COMPLIANT | 1.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9020.T EAST JAPAN RAILWAY COMPANY | NON_COMPLIANT | 1.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6594.T NIDEC CORP | COMPLIANT | 1.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NITORI HOLDINGS COMPANY LTD | UNSCREENED | 1.16% | no in-house ratios for this holding |
| YAMAE GROUP HOLDINGS CO LTD | UNSCREENED | 1.12% | no in-house ratios for this holding |
| YAMATO HOLDINGS COMPANY LTD | UNSCREENED | 1.10% | no in-house ratios for this holding |
| 8801.T MITSUI FUDOSAN COMPANY LTD | NON_COMPLIANT | 1.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMERICAN HONDA FINANCE CORP | UNSCREENED | 1.05% | no in-house ratios for this holding |
| 4452.T KAO CORP | COMPLIANT | 1.00% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2653.T AEON KYUSHU COMPANY LTD | NON_COMPLIANT | 0.97% | AAOIFI51.2% Usmani23.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.1% MSCI Islamic M-Seriesfail FTSE Shariah23.1% |
| 6703.T OKI ELECTRIC INDUSTRY CO LTD | NON_COMPLIANT | 0.82% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST | UNSCREENED | 0.81% | no in-house ratios for this holding |
| 7203.T TOYOTA MOTOR CORP | NON_COMPLIANT | 0.80% | AAOIFI117.9% Usmani41.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.9% MSCI Islamic M-Seriesfail FTSE Shariah40.9% |
| 9006.T KEIKYU CORP | NON_COMPLIANT | 0.77% | AAOIFI125.2% Usmani45.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic45.3% MSCI Islamic M-Seriesfail FTSE Shariah45.3% |
| 6902.T DENSO CORP | COMPLIANT | 0.72% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DAIICHI KOUTSU SANGYO CO LTD | UNSCREENED | 0.68% | no in-house ratios for this holding |
| 8766.T TOKIO MARINE HOLDINGS INC | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
The published standards disagree about this fund by 28 points of portfolio weight — 48.2% of it passes Usmani, 19.7% 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 46.6% ratios fail on 42.9% 10.1% not rated under AAOIFI
ratios pass on 48.2% ratios fail on 41.3% 10.1% not rated under Usmani
ratios pass on 33.2% ratios fail on 56.3% 10.1% not rated under Dow Jones Islamic
ratios pass on 30.9% ratios fail on 58.7% 10.1% not rated under S&P Shariah
ratios pass on 19.7% ratios fail on 69.8% 10.1% not rated under MSCI Islamic
ratios pass on 29.2% ratios fail on 60.3% 10.1% not rated under MSCI Islamic M-Series
ratios pass on 47.9% ratios fail on 41.7% 10.1% not rated under FTSE Shariah
41 of 48 listed holdings carry our own per-methodology verdicts (90% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 10 (19% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 1812.T KAJIMA CORP | 4.91% |
| 8750.T DAIICHI LIFE GROUP INC | 4.68% |
| 8591.T ORIX CORP | 4.64% |
| 8795.T T & D HOLDINGS INC | 3.88% |
| 8630.T SOMPO HOLDINGS INC | 3.74% |
| 8830.T SUMITOMO REALTY & DEVELOPMENT CO LTD | 2.20% |
| 9147.T NIPPON EXPRESS HOLDINGS INC | 1.81% |
| 1605.T INPEX CORP | 1.69% |
| 1966.T TAKADA CORP | 1.61% |
| 9042.T HANKYU HANSHIN HOLDINGS INC | 1.58% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
COMMONWEALTH JAPAN FUND (CNJFX) 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.
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 |
|---|---|---|
| 6508.TMEIDENSHA CORP | 5.58% | Compliant |
| 1812.TKAJIMA CORP | 4.91% | Non-compliant |
| 8750.TDAIICHI LIFE GROUP INC | 4.68% | Non-compliant |
| 8591.TORIX CORP | 4.64% | Non-compliant |
| 7747.TASAHI INTECC COMPANY LTD | 4.38% | Compliant |
| 6501.THITACHI LTD | 4.22% | Compliant |
| HOYA CORPnot matched to a ticker | 4.14% | Not screened |
| 8795.TT & D HOLDINGS INC | 3.88% | Non-compliant |
| 8630.TSOMPO HOLDINGS INC | 3.74% | Non-compliant |
| 6981.TMURATA MANUFACTURING COMPANY LTD | 3.68% | Compliant |
Top 10 of 48 holdings, 43.9% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for CNJFX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 5 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.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 45.00 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -105.38 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | -0.39 | SELL |
| Momentum (10) | -0.02 | SELL |
| EMA (10) | 5.15 | SELL |
| SMA (10) | 5.17 | SELL |
| EMA (20) | 5.16 | SELL |
| SMA (20) | 5.16 | SELL |
| EMA (30) | 5.16 | SELL |
| SMA (30) | 5.16 | SELL |
| EMA (50) | 5.16 | SELL |
| SMA (50) | 5.17 | SELL |
| EMA (100) | 5.11 | SELL |
| SMA (100) | 5.18 | SELL |
| EMA (200) | 4.92 | BUY |
| SMA (200) | 4.97 | BUY |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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.
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.