Verdicts genuinely change. Free email alert the moment CNWDX'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.
Calamos Evolving World Growth Fund · CALAMOS INVESTMENT TRUST/IL
79 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 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 20.34% of portfolio weight is in non-compliant holdings, over the 5% threshold.
79 holdings, 54 matched (79% of weight). Portfolio as of 2026-07-31, filed 2026-09-29. Source: SEC Form N-PORT.
1.54% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (40 of 79 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.
57.2% compliant 2.1% questionable 19.9% non-compliant 20.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Co Ltd | COMPLIANT | 20.15% | 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 | 6.51% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| GOLDMAN SACHS FIN C INTL | UNSCREENED | 3.86% | no in-house ratios for this holding |
| 402340.KS SK Square Co Ltd | COMPLIANT | 3.67% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| State Street Global Advisors | UNSCREENED | 3.42% | no in-house ratios for this holding |
| BABA ALIBABA GROUP HOLDING | COMPLIANT | 3.37% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| EBS.VI Erste Group Bank AG | NON_COMPLIANT | 2.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PSMT PriceSmart Inc | QUESTIONABLE | 2.11% | AAOIFI6.0% Usmani12.8% Dow Jones Islamic8.6% S&P Shariah9.8% MSCI Islamic12.8% MSCI Islamic M-Series9.8% FTSE Shariah7.1% |
| MIDEA INVST DEVELOPMENT | UNSCREENED | 2.05% | no in-house ratios for this holding |
| 2454.TW MediaTek Inc | COMPLIANT | 1.74% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 002371.SZ NAURA Technology Group Co Ltd | COMPLIANT | 1.71% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Capitec Bank Holdings Ltd | UNSCREENED | 1.68% | no in-house ratios for this holding |
| ALE.WA Allegro.eu SA | COMPLIANT | 1.65% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| XIAOMI BEST TIME INTL | UNSCREENED | 1.54% | no in-house ratios for this holding |
| FEDERALBNK.NS Federal Bank Ltd | NON_COMPLIANT | 1.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0992.HK LENOVO GROUP LTD | COMPLIANT | 1.47% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 298040.KS Hyosung Heavy Industries Corp | COMPLIANT | 1.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2338.HK Weichai Power Co Ltd | NON_COMPLIANT | 1.44% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MTN.JO MTN Group Ltd | NON_COMPLIANT | 1.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MLCMF Millicom International Cellular SA | NON_COMPLIANT | 1.28% | AAOIFI43.3% Usmani39.9% Dow Jones Islamic149.5% S&P Shariah184.8% MSCI Islamic39.9% MSCI Islamic M-Series184.8% FTSE Shariah39.9% |
| Samsung Electro-Mechanics Co Ltd | UNSCREENED | 1.22% | no in-house ratios for this holding |
| ALPHA.AT Alpha Bank SA | NON_COMPLIANT | 1.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 300750.SZ Contemporary Amperex Technology Co Ltd | COMPLIANT | 1.20% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| OTP.BD OTP Bank Nyrt | NON_COMPLIANT | 1.19% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EMIRATESNBD.AE Emirates NBD Bank PJSC | NON_COMPLIANT | 1.19% | AAOIFI46.9% Usmani7.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.8% MSCI Islamic M-Seriesfail FTSE Shariah7.8% |
| 2308.TW Delta Electronics Inc | COMPLIANT | 1.13% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| POWERINDIA.NS Hitachi Energy India Ltd | COMPLIANT | 1.08% | AAOIFI0.1% Usmani1.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.7% MSCI Islamic M-Seriespass FTSE Shariah0.7% |
| CIBEST.CL Grupo Cibest SA | NON_COMPLIANT | 1.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2383.TW Elite Material Co Ltd | COMPLIANT | 1.04% | AAOIFI1.0% Usmani19.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic18.6% MSCI Islamic M-Series— FTSE Shariah18.6% |
| BABA ALIBABA GROUP HOLDING | COMPLIANT | 1.02% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 0700.HK Tencent Holdings Ltd | COMPLIANT | 1.01% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 5274.TWO ASPEED Technology Inc | COMPLIANT | 1.00% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HBM Hudbay Minerals Inc | COMPLIANT | 0.99% | AAOIFI5.7% Usmani16.2% Dow Jones Islamic17.1% S&P Shariah22.3% MSCI Islamic16.2% MSCI Islamic M-Series22.3% FTSE Shariah16.2% |
| 005380.KS Hyundai Motor Co | NON_COMPLIANT | 0.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KO Coca-Cola Co/The | COMPLIANT | 0.98% | AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8% |
| 105560.KS KB Financial Group Inc | NON_COMPLIANT | 0.95% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Shadowfax Technologies Ltd | UNSCREENED | 0.94% | no in-house ratios for this holding |
| EUROB.AT Eurobank SA | NON_COMPLIANT | 0.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| International Container Terminal Services Inc | UNSCREENED | 0.92% | no in-house ratios for this holding |
| Syntec Technology Co Ltd | UNSCREENED | 0.90% | no in-house ratios for this holding |
| Asia Vital Components Co Ltd | UNSCREENED | 0.84% | no in-house ratios for this holding |
| AGI Alamos Gold Inc | COMPLIANT | 0.84% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BFT.WA Benefit Systems SA | COMPLIANT | 0.77% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 688008.SS Montage Technology Co Ltd | COMPLIANT | 0.77% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 1066.KL RHB Bank Bhd | NON_COMPLIANT | 0.76% | AAOIFI43.2% Usmani4.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.4% MSCI Islamic M-Seriesfail FTSE Shariah4.4% |
| CEMEXCPO.MX Cemex SAB de CV | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0939.HK China Construction Bank Corp | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 066570.KS LG Electronics Inc | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1347.HK Hua Hong Grace Semiconductor Ltd | COMPLIANT | 0.69% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Options Clearing Corp. | UNSCREENED | 0.67% | no in-house ratios for this holding |
| BHARATFORG.NS Bharat Forge Ltd | COMPLIANT | 0.64% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Advanced Micro-Fabrication Equipment Inc China | UNSCREENED | 0.56% | no in-house ratios for this holding |
| ADANIPOWER.NS Adani Power Ltd | COMPLIANT | 0.55% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| IOI Properties Group Bhd | UNSCREENED | 0.54% | no in-house ratios for this holding |
| BAP Credicorp Ltd | NON_COMPLIANT | 0.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TBBB BBB Foods Inc | COMPLIANT | 0.51% | AAOIFI39.1% Usmani7.4% Dow Jones Islamic3.7% S&P Shariah3.9% MSCI Islamic7.4% MSCI Islamic M-Series3.9% FTSE Shariah7.4% |
| SCCO Southern Copper Corp | COMPLIANT | 0.50% | AAOIFI4.9% Usmani35.7% Dow Jones Islamic8.2% S&P Shariah9.3% MSCI Islamic35.7% MSCI Islamic M-Series9.3% FTSE Shariah33.1% |
| JD JD.COM INC | NON_COMPLIANT | 0.49% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| FEMSAUBD.MX Fomento Economico Mexicano SAB de CV | NON_COMPLIANT | 0.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3690.HK Meituan | NON_COMPLIANT | 0.48% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| AU Anglogold Ashanti Plc | COMPLIANT | 0.47% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Hygon Information Technology Co Ltd | UNSCREENED | 0.47% | no in-house ratios for this holding |
| KRN.NS KRN Heat Exchanger And Refrigeration Ltd | COMPLIANT | 0.47% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Options Clearing Corp. | UNSCREENED | 0.40% | no in-house ratios for this holding |
| Acter Group Corp Ltd | UNSCREENED | 0.39% | no in-house ratios for this holding |
| 300308.SZ Zhongji Innolight Co Ltd | COMPLIANT | 0.29% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| CUMMINSIND.NS Cummins India Ltd | COMPLIANT | 0.27% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Options Clearing Corp. | UNSCREENED | 0.27% | no in-house ratios for this holding |
| TITAN.NS Titan Co Ltd | COMPLIANT | 0.24% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KALYANKJIL.NS Kalyan Jewellers India Ltd | COMPLIANT | 0.24% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GOLDMAN SACHS FIN C INTL | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Options Clearing Corp. | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Options Clearing Corp. | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Options Clearing Corp. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| State Street Bank & Trust Co. | UNSCREENED | 0.06% | no in-house ratios for this holding |
| Options Clearing Corp. | UNSCREENED | 0.03% | no in-house ratios for this holding |
| State Street Bank & Trust Co. | UNSCREENED | 0.02% | no in-house ratios for this holding |
| NTRS Northern Trust Co. | NON_COMPLIANT | 0.01% | AAOIFI11.1% Usmani2.1% Dow Jones Islamic15.8% S&P Shariah17.9% MSCI Islamic2.1% MSCI Islamic M-Series17.9% FTSE Shariah2.1% |
| State Street Bank & Trust Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 29 points of portfolio weight — 55.2% of it passes AAOIFI, 26.0% 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 55.2% ratios fail on 25.2% 21.7% not rated under AAOIFI
ratios pass on 27.8% ratios fail on 46.7% 27.6% not rated under Usmani
ratios pass on 51.4% ratios fail on 22.1% 28.7% not rated under Dow Jones Islamic
ratios pass on 51.8% ratios fail on 21.6% 28.7% not rated under S&P Shariah
ratios pass on 26.0% ratios fail on 48.5% 27.6% not rated under MSCI Islamic
ratios pass on 50.7% ratios fail on 22.8% 28.7% not rated under MSCI Islamic M-Series
ratios pass on 31.2% ratios fail on 43.3% 27.6% not rated under FTSE Shariah
53 of 79 listed holdings carry our own per-methodology verdicts (81% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 16 (46% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| EBS.VI Erste Group Bank AG | 2.35% |
| FEDERALBNK.NS Federal Bank Ltd | 1.51% |
| 2338.HK Weichai Power Co Ltd | 1.44% |
| MTN.JO MTN Group Ltd | 1.34% |
| MLCMF Millicom International Cellular SA | 1.28% |
| ALPHA.AT Alpha Bank SA | 1.22% |
| OTP.BD OTP Bank Nyrt | 1.19% |
| EMIRATESNBD.AE Emirates NBD Bank PJSC | 1.19% |
| CIBEST.CL Grupo Cibest SA | 1.05% |
| 005380.KS Hyundai Motor Co | 0.98% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Calamos Evolving World Growth Fund (CNWDX) 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 |
|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co Ltd | 20.15% | Compliant |
| 005930.KSSamsung Electronics Co Ltd | 6.51% | Compliant |
| GOLDMAN SACHS FIN C INTLnot matched to a ticker | 3.86% | Not screened |
| 402340.KSSK Square Co Ltd | 3.67% | Compliant |
| State Street Global Advisorsnot matched to a ticker | 3.42% | Not screened |
| BABAALIBABA GROUP HOLDING | 3.37% | Compliant |
| EBS.VIErste Group Bank AG | 2.35% | Non-compliant |
| PSMTPriceSmart Inc | 2.11% | Questionable |
| MIDEA INVST DEVELOPMENTnot matched to a ticker | 2.05% | Not screened |
| 2454.TWMediaTek Inc | 1.74% | Compliant |
Top 10 of 79 holdings, 49.2% 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 CNWDX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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) | 42.00 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -113.58 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.09 | SELL |
| ROC (10) | -2.57 | SELL |
| Momentum (10) | -0.69 | SELL |
| EMA (10) | 26.78 | SELL |
| SMA (10) | 26.89 | SELL |
| EMA (20) | 26.85 | SELL |
| SMA (20) | 26.87 | SELL |
| EMA (30) | 26.86 | SELL |
| SMA (30) | 26.88 | SELL |
| EMA (50) | 26.88 | SELL |
| SMA (50) | 26.81 | SELL |
| EMA (100) | 26.66 | SELL |
| SMA (100) | 27.42 | SELL |
| EMA (200) | 25.21 | BUY |
| SMA (200) | 25.76 | 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.