Verdicts genuinely change. Free email alert the moment DCSCX'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.
Davis Balanced Fund · DAVIS SERIES INC
66 holdings
NON-COMPLIANT 50.00% of portfolio weight is in non-compliant holdings, over the 5% threshold.
6.39% 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.
66 holdings, 44 matched (70% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
3.27% of this portfolio’s income is non-permissible — weighted across holdings, computed over 49% of portfolio weight (22 of 66 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.
12.3% compliant 7.7% questionable 50.0% non-compliant 29.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| STONEX REPO | UNSCREENED | 9.42% | no in-house ratios for this holding |
| BRK.B BERKSHIRE HATHAWAY INC CL B | NON_COMPLIANT | 5.61% | no in-house ratios for this holding |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 5.32% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| VTRS VIATRIS INC | NON_COMPLIANT | 5.02% | AAOIFI65.8% Usmani38.9% Dow Jones Islamic100.2% S&P Shariah105.1% MSCI Islamic38.9% MSCI Islamic M-Series105.1% FTSE Shariah38.1% |
| DGX QUEST DIAGNOSTICS INC | COMPLIANT | 4.92% | AAOIFI24.4% Usmani37.7% Dow Jones Islamic32.1% S&P Shariah35.4% MSCI Islamic37.7% MSCI Islamic M-Series35.4% FTSE Shariah33.3% |
| COF CAPITAL ONE FINANCIAL CORP | NON_COMPLIANT | 4.81% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| Nomura Repo | UNSCREENED | 4.06% | no in-house ratios for this holding |
| DVN DEVON ENERGY CORP | COMPLIANT | 3.30% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 3.29% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| SOLV SOLVENTUM CORP | NON_COMPLIANT | 2.95% | AAOIFI32.5% Usmani37.1% Dow Jones Islamic39.6% S&P Shariah41.1% MSCI Islamic35.7% MSCI Islamic M-Series41.1% FTSE Shariah35.7% |
| GOOG ALPHABET INC CL C | QUESTIONABLE | 2.93% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| CI CIGNA GROUP | NON_COMPLIANT | 2.56% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| BREAN REPO | UNSCREENED | 2.54% | no in-house ratios for this holding |
| JBS NV A | UNSCREENED | 2.52% | no in-house ratios for this holding |
| TXN TEXAS INSTRUMENTS INC | COMPLIANT | 2.47% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| CB CHUBB LTD | NON_COMPLIANT | 2.45% | AAOIFI13.3% Usmani6.3% Dow Jones Islamic14.8% S&P Shariah15.8% MSCI Islamic6.3% MSCI Islamic M-Series15.8% FTSE Shariah6.3% |
| BNY BANK OF NEW YORK MELLON CORP | NON_COMPLIANT | 2.18% | AAOIFI27.2% Usmani5.8% Dow Jones Islamic41.5% S&P Shariah49.3% MSCI Islamic5.8% MSCI Islamic M-Series49.3% FTSE Shariah5.8% |
| MKL MARKEL GROUP INC | NON_COMPLIANT | 2.15% | AAOIFI19.3% Usmani6.1% Dow Jones Islamic18.3% S&P Shariah19.5% MSCI Islamic6.1% MSCI Islamic M-Series19.5% FTSE Shariah6.1% |
| OC OWENS CORNING | NON_COMPLIANT | 1.87% | AAOIFI43.5% Usmani37.4% Dow Jones Islamic40.6% S&P Shariah39.3% MSCI Islamic37.4% MSCI Islamic M-Series39.3% FTSE Shariah33.2% |
| AMAT APPLIED MATERIALS INC | COMPLIANT | 1.58% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| BAER.SW JULIUS BAER GROUP LTD | NON_COMPLIANT | 1.51% | AAOIFI28.4% Usmani4.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.0% MSCI Islamic M-Seriesfail FTSE Shariah4.0% |
| JPMORGAN CHASE + CO | UNSCREENED | 1.40% | no in-house ratios for this holding |
| VALE SA SP ADR | UNSCREENED | 1.40% | no in-house ratios for this holding |
| AGCO CORP | UNSCREENED | 1.35% | no in-house ratios for this holding |
| FREDDIE MAC | NON_COMPLIANT | 1.33% | no in-house ratios for this holding |
| TOURMALINE OIL CORP | UNSCREENED | 1.29% | no in-house ratios for this holding |
| JOHNSON CONTROLS INTERNATION | UNSCREENED | 1.17% | no in-house ratios for this holding |
| AMV0.DE AUMOVIO SE | NON_COMPLIANT | 1.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| RNR RENAISSANCERE HOLDINGS LTD | NON_COMPLIANT | 1.05% | AAOIFI17.0% Usmani4.2% Dow Jones Islamic18.5% S&P Shariah19.2% MSCI Islamic4.2% MSCI Islamic M-Series19.2% FTSE Shariah4.2% |
| D05.SI DBS GROUP HOLDINGS LTD | NON_COMPLIANT | 1.04% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| WELLS FARGO + CO | UNSCREENED | 0.98% | no in-house ratios for this holding |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 0.98% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| UNH UNITEDHEALTH GROUP INC | NON_COMPLIANT | 0.91% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| FNMA POOL BM7528 | NON_COMPLIANT | 0.85% | no in-house ratios for this holding |
| 1299.HK AIA GROUP LTD | NON_COMPLIANT | 0.82% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| META META PLATFORMS INC CLASS A | QUESTIONABLE | 0.76% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| DANSKE.CO DANSKE BANK A/S | NON_COMPLIANT | 0.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MSFT MICROSOFT CORP | QUESTIONABLE | 0.67% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| US BANCORP | UNSCREENED | 0.62% | no in-house ratios for this holding |
| SBA POOL 530455 | UNSCREENED | 0.61% | no in-house ratios for this holding |
| VTRS VIATRIS INC | NON_COMPLIANT | 0.55% | AAOIFI65.8% Usmani38.9% Dow Jones Islamic100.2% S&P Shariah105.1% MSCI Islamic38.9% MSCI Islamic M-Series105.1% FTSE Shariah38.1% |
| GOVERNMENT NATIONAL MORTGAGE A | NON_COMPLIANT | 0.51% | no in-house ratios for this holding |
| FNMA POOL BM7752 | NON_COMPLIANT | 0.51% | no in-house ratios for this holding |
| GNMA II POOL 786935 | NON_COMPLIANT | 0.45% | no in-house ratios for this holding |
| BREAN ASSET BACKED SECURITIES | UNSCREENED | 0.45% | no in-house ratios for this holding |
| FNMA POOL BM7225 | NON_COMPLIANT | 0.44% | no in-house ratios for this holding |
| FNMA POOL BM7583 | NON_COMPLIANT | 0.39% | no in-house ratios for this holding |
| BREAN ASSET BACKED SECURITIES | UNSCREENED | 0.36% | no in-house ratios for this holding |
| PMT LOAN TRUST | UNSCREENED | 0.34% | no in-house ratios for this holding |
| GOVERNMENT NATIONAL MORTGAGE A | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| FANNIE MAE | NON_COMPLIANT | 0.33% | no in-house ratios for this holding |
| FREDDIE MAC | NON_COMPLIANT | 0.27% | no in-house ratios for this holding |
| GNMA II POOL MA8881 | NON_COMPLIANT | 0.26% | no in-house ratios for this holding |
| BREAN ASSET BACKED SECURITIES | UNSCREENED | 0.25% | no in-house ratios for this holding |
| GNMA II POOL 787068 | NON_COMPLIANT | 0.25% | no in-house ratios for this holding |
| MONTANA HIGHER EDUCATION STUDE | UNSCREENED | 0.24% | no in-house ratios for this holding |
| CHASE MORTGAGE FINANCE CORPORA | UNSCREENED | 0.23% | no in-house ratios for this holding |
| SBA POOL 530303 | UNSCREENED | 0.22% | no in-house ratios for this holding |
| AMERICAN EAGLE NORTHWEST LLC W | UNSCREENED | 0.21% | no in-house ratios for this holding |
| FED HM LN PC POOL G60660 | UNSCREENED | 0.16% | no in-house ratios for this holding |
| GOVERNMENT NATIONAL MORTGAGE A | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| FNMA POOL AL8809 | NON_COMPLIANT | 0.12% | no in-house ratios for this holding |
| GOVERNMENT NATIONAL MORTGAGE | NON_COMPLIANT | 0.09% | no in-house ratios for this holding |
| GOVERNMENT NATIONAL MORTGAGE A | NON_COMPLIANT | 0.08% | no in-house ratios for this holding |
| SBA POOL 530285 | UNSCREENED | 0.06% | no in-house ratios for this holding |
| FREDDIE MAC | NON_COMPLIANT | 0.05% | no in-house ratios for this holding |
The published standards disagree about this fund by 18 points of portfolio weight — 30.2% of it passes FTSE Shariah, 12.6% passes S&P Shariah. 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 20.8% ratios fail on 37.1% 41.9% not rated under AAOIFI
ratios pass on 23.4% ratios fail on 34.5% 41.9% not rated under Usmani
ratios pass on 17.5% ratios fail on 40.4% 41.9% not rated under Dow Jones Islamic
ratios pass on 12.6% ratios fail on 45.3% 41.9% not rated under S&P Shariah
ratios pass on 18.9% ratios fail on 36.1% 44.8% not rated under MSCI Islamic
ratios pass on 12.6% ratios fail on 45.3% 41.9% not rated under MSCI Islamic M-Series
ratios pass on 30.2% ratios fail on 27.7% 41.9% not rated under FTSE Shariah
24 of 66 listed holdings carry our own per-methodology verdicts (58% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 21 (55% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BRK.B BERKSHIRE HATHAWAY INC CL B | 5.61% |
| CVS CVS HEALTH CORP | 5.32% |
| VTRS VIATRIS INC | 5.02% |
| COF CAPITAL ONE FINANCIAL CORP | 4.81% |
| SOLV SOLVENTUM CORP | 2.95% |
| CI CIGNA GROUP | 2.56% |
| CB CHUBB LTD | 2.45% |
| BNY BANK OF NEW YORK MELLON CORP | 2.18% |
| MKL MARKEL GROUP INC | 2.15% |
| OC OWENS CORNING | 1.87% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Davis Balanced Fund (DCSCX) 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 |
|---|---|---|
| STONEX REPOnot matched to a ticker | 9.42% | Not screened |
| BRK.BBERKSHIRE HATHAWAY INC CL B | 5.61% | Non-compliant |
| CVSCVS HEALTH CORP | 5.32% | Non-compliant |
| VTRSVIATRIS INC | 5.02% | Non-compliant |
| DGXQUEST DIAGNOSTICS INC | 4.92% | Compliant |
| COFCAPITAL ONE FINANCIAL CORP | 4.81% | Non-compliant |
| Nomura Reponot matched to a ticker | 4.06% | Not screened |
| DVNDEVON ENERGY CORP | 3.30% | Compliant |
| AMZNAMAZON.COM INC | 3.29% | Questionable |
| SOLVSOLVENTUM CORP | 2.95% | Non-compliant |
Top 10 of 66 holdings, 48.7% 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 DCSCX. 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) | 48.60 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 15.17 | NEUTRAL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 0.01 | BUY |
| Momentum (10) | 0.01 | BUY |
| EMA (10) | 73.95 | BUY |
| SMA (10) | 73.78 | BUY |
| EMA (20) | 74.16 | BUY |
| SMA (20) | 74.11 | BUY |
| EMA (30) | 74.35 | SELL |
| SMA (30) | 74.56 | SELL |
| EMA (50) | 74.42 | SELL |
| SMA (50) | 74.99 | SELL |
| EMA (100) | 73.64 | BUY |
| SMA (100) | 74.12 | BUY |
| EMA (200) | 71.16 | BUY |
| SMA (200) | 71.44 | 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.