Verdicts genuinely change. Free email alert the moment CPECX'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.
Catalyst Dynamic Alpha Fund · MUTUAL FUND SERIES TRUST
34 holdings
NON-COMPLIANT 21.66% of portfolio weight is in non-compliant holdings, over the 5% threshold.
34 holdings, 29 matched (96% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
3.41% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (24 of 34 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.
68.2% compliant 5.7% questionable 21.7% non-compliant 4.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GLW CORNING INC | COMPLIANT | 9.29% | AAOIFI7.0% Usmani32.5% Dow Jones Islamic12.8% S&P Shariah16.4% MSCI Islamic31.8% MSCI Islamic M-Series16.4% FTSE Shariah28.7% |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 9.23% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| FLEX FLEX LTD | COMPLIANT | 8.39% | AAOIFI14.4% Usmani24.1% Dow Jones Islamic25.4% S&P Shariah30.5% MSCI Islamic24.1% MSCI Islamic M-Series30.5% FTSE Shariah20.7% |
| APH AMPHENOL CORP | NON_COMPLIANT | 6.38% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GOOG ALPHABET INC | QUESTIONABLE | 5.72% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| MU MICRON TECHNOLOGY INC | COMPLIANT | 4.69% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| STRL STERLING INFRASTRUCTURE INC | COMPLIANT | 4.33% | AAOIFI2.2% Usmani10.6% Dow Jones Islamic3.3% S&P Shariah4.3% MSCI Islamic10.5% MSCI Islamic M-Series4.3% FTSE Shariah8.9% |
| HSBA.L HSBC HOLDINGS PLC | NON_COMPLIANT | 3.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAH CARDINAL HEALTH INC | COMPLIANT | 3.23% | AAOIFI17.8% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah28.7% MSCI Islamic17.4% MSCI Islamic M-Series28.7% FTSE Shariah15.5% |
| RL RALPH LAUREN CORP | COMPLIANT | 3.14% | AAOIFI13.4% Usmani39.2% Dow Jones Islamic15.7% S&P Shariah18.9% MSCI Islamic36.2% MSCI Islamic M-Series18.9% FTSE Shariah16.2% |
| EME EMCOR GROUP INC | COMPLIANT | 2.94% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| NVS NOVARTIS AG | COMPLIANT | 2.73% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| STT STATE STREET CORP | NON_COMPLIANT | 2.61% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FTI TECHNIPFMC PLC | COMPLIANT | 2.59% | AAOIFI3.9% Usmani12.0% Dow Jones Islamic6.3% S&P Shariah7.5% MSCI Islamic11.2% MSCI Islamic M-Series7.5% FTSE Shariah3.9% |
| USFD US FOODS HOLDING CORP | NON_COMPLIANT | 2.41% | AAOIFI23.5% Usmani36.5% Dow Jones Islamic29.4% S&P Shariah33.1% MSCI Islamic36.5% MSCI Islamic M-Series33.1% FTSE Shariah36.5% |
| WWD WOODWARD INC | NON_COMPLIANT | 2.39% | AAOIFI3.6% Usmani14.9% Dow Jones Islamic4.9% S&P Shariah5.7% MSCI Islamic14.9% MSCI Islamic M-Series5.7% FTSE Shariah14.4% |
| MPWR MONOLITHIC POWER SYSTEMS INC | COMPLIANT | 2.11% | AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CGNX COGNEX CORP | COMPLIANT | 2.03% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| IBKR INTERACTIVE BROKERS GROUP INC | NON_COMPLIANT | 1.94% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DGX QUEST DIAGNOSTICS INC | COMPLIANT | 1.94% | AAOIFI24.4% Usmani37.7% Dow Jones Islamic32.1% S&P Shariah35.4% MSCI Islamic37.7% MSCI Islamic M-Series35.4% FTSE Shariah33.3% |
| ROST ROSS STORES INC | COMPLIANT | 1.84% | AAOIFI6.4% Usmani29.7% Dow Jones Islamic8.5% S&P Shariah9.2% MSCI Islamic29.7% MSCI Islamic M-Series9.2% FTSE Shariah6.4% |
| LUV SOUTHWEST AIRLINES COMPANY | COMPLIANT | 1.81% | AAOIFI36.4% Usmani22.9% Dow Jones Islamic36.4% S&P Shariah38.5% MSCI Islamic22.9% MSCI Islamic M-Series38.5% FTSE Shariah19.7% |
| CVE CENOVUS ENERGY INC | COMPLIANT | 1.72% | AAOIFI13.4% Usmani17.3% Dow Jones Islamic23.2% S&P Shariah23.5% MSCI Islamic17.3% MSCI Islamic M-Series23.5% FTSE Shariah17.3% |
| NXT NEXTPOWER INC | COMPLIANT | 1.68% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| AA ALCOA CORP | COMPLIANT | 1.63% | AAOIFI16.9% Usmani13.2% Dow Jones Islamic24.5% S&P Shariah28.1% MSCI Islamic13.2% MSCI Islamic M-Series28.1% FTSE Shariah13.2% |
| BWX TECHNOLOGIES INC | UNSCREENED | 1.55% | no in-house ratios for this holding |
| VLO VALERO ENERGY CORP | COMPLIANT | 1.54% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| DDOG DATADOG INC | NON_COMPLIANT | 1.53% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| B BARRICK MINING CORP | COMPLIANT | 1.33% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ALLISON TRANSMISSION HOLDINGS INC | UNSCREENED | 1.26% | no in-house ratios for this holding |
| EVR EVERCORE INC | NON_COMPLIANT | 1.16% | AAOIFI4.8% Usmani11.8% Dow Jones Islamic4.6% S&P Shariah5.3% MSCI Islamic11.8% MSCI Islamic M-Series5.3% FTSE Shariah0.0% |
| SOCIEDAD QUIMICA Y MINERA DE CHILE SA | UNSCREENED | 0.92% | no in-house ratios for this holding |
| FIRST AMERICAN FUNDS INC | UNSCREENED | 0.74% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 41 points of portfolio weight — 71.0% of it passes AAOIFI, 30.3% 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 71.0% ratios fail on 12.3% 16.8% not rated under AAOIFI
ratios pass on 53.1% ratios fail on 27.2% 19.7% not rated under Usmani
ratios pass on 60.7% ratios fail on 15.5% 23.9% not rated under Dow Jones Islamic
ratios pass on 59.5% ratios fail on 16.6% 23.9% not rated under S&P Shariah
ratios pass on 30.3% ratios fail on 40.2% 29.6% not rated under MSCI Islamic
ratios pass on 58.7% ratios fail on 17.5% 23.9% not rated under MSCI Islamic M-Series
ratios pass on 46.4% ratios fail on 29.8% 23.9% not rated under FTSE Shariah
29 of 34 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. Of those, 24 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Catalyst Dynamic Alpha Fund (CPECX) 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 |
|---|---|---|
| GLWCORNING INC | 9.29% | Compliant |
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 9.23% | Compliant |
| FLEXFLEX LTD | 8.39% | Compliant |
| APHAMPHENOL CORP | 6.38% | Non-compliant |
| GOOGALPHABET INC | 5.72% | Questionable |
| MUMICRON TECHNOLOGY INC | 4.69% | Compliant |
| STRLSTERLING INFRASTRUCTURE INC | 4.33% | Compliant |
| HSBA.LHSBC HOLDINGS PLC | 3.23% | Non-compliant |
| CAHCARDINAL HEALTH INC | 3.23% | Compliant |
| RLRALPH LAUREN CORP | 3.14% | Compliant |
Top 10 of 34 holdings, 57.6% 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 CPECX. 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 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.
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) | 48.10 | NEUTRAL |
| Stochastic %K (14) | 18.82 | BUY |
| CCI (20) | -12.91 | NEUTRAL |
| Williams %R (14) | -81.18 | BUY |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | 0.09 | BUY |
| Momentum (10) | 0.02 | BUY |
| EMA (10) | 21.37 | SELL |
| SMA (10) | 21.43 | SELL |
| EMA (20) | 21.31 | SELL |
| SMA (20) | 21.24 | SELL |
| EMA (30) | 21.30 | SELL |
| SMA (30) | 21.18 | BUY |
| EMA (50) | 21.31 | SELL |
| SMA (50) | 21.31 | SELL |
| EMA (100) | 21.18 | BUY |
| SMA (100) | 21.67 | SELL |
| EMA (200) | 20.34 | BUY |
| SMA (200) | 20.44 | 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.