Verdicts genuinely change. Free email alert the moment DEVCX'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.
Nomura Small Cap Value Fund · Delaware Group Equity Funds V
106 holdings
NON-COMPLIANT 55.63% of portfolio weight is in non-compliant holdings, over the 5% threshold.
106 holdings, 81 matched (78% of weight). Portfolio as of 2026-05-29, filed 2026-07-27. Source: SEC Form N-PORT.
4.19% of this portfolio’s income is non-permissible — weighted across holdings, computed over 65% of portfolio weight (68 of 106 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.
22.7% compliant 0.0% questionable 55.6% non-compliant 21.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TTMI TTM TECHNOLOGIES INC | COMPLIANT | 2.36% | AAOIFI8.2% Usmani25.0% Dow Jones Islamic15.5% S&P Shariah20.8% MSCI Islamic24.6% MSCI Islamic M-Series20.8% FTSE Shariah22.0% |
| VLY VALLEY NATIONAL BANCORP | NON_COMPLIANT | 1.92% | AAOIFI41.6% Usmani5.0% Dow Jones Islamic57.4% S&P Shariah64.9% MSCI Islamic5.0% MSCI Islamic M-Series64.9% FTSE Shariah5.0% |
| SNX TD SYNNEX CORP | COMPLIANT | 1.86% | AAOIFI22.5% Usmani12.3% Dow Jones Islamic36.1% S&P Shariah39.8% MSCI Islamic12.3% MSCI Islamic M-Series39.8% FTSE Shariah12.3% |
| FIRST FINANCIAL BANCORP | UNSCREENED | 1.85% | no in-house ratios for this holding |
| TKR TIMKEN COMPANY (THE) | COMPLIANT | 1.76% | AAOIFI25.5% Usmani31.9% Dow Jones Islamic35.3% S&P Shariah36.7% MSCI Islamic31.9% MSCI Islamic M-Series36.7% FTSE Shariah30.0% |
| HWC HANCOCK WHITNEY CORP | NON_COMPLIANT | 1.67% | AAOIFI81.9% Usmani13.7% Dow Jones Islamic99.7% S&P Shariah110.5% MSCI Islamic13.7% MSCI Islamic M-Series110.5% FTSE Shariah13.7% |
| OLD NATIONAL BANCORP | UNSCREENED | 1.66% | no in-house ratios for this holding |
| F.N.B. CORP (PENNSYLVANIA) | UNSCREENED | 1.58% | no in-house ratios for this holding |
| COLB COLUMBIA BANKING SYSTEM INC | NON_COMPLIANT | 1.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TEX TEREX CORP | NON_COMPLIANT | 1.43% | AAOIFI37.4% Usmani26.0% Dow Jones Islamic61.8% S&P Shariah65.1% MSCI Islamic26.0% MSCI Islamic M-Series65.1% FTSE Shariah26.0% |
| AXS AXIS CAPITAL HOLDINGS LTD | NON_COMPLIANT | 1.41% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| OGE OGE ENERGY CORP | NON_COMPLIANT | 1.36% | AAOIFI55.4% Usmani37.1% Dow Jones Islamic61.2% S&P Shariah67.4% MSCI Islamic37.1% MSCI Islamic M-Series67.4% FTSE Shariah37.1% |
| ITT ITT INC | COMPLIANT | 1.36% | AAOIFI17.1% Usmani27.9% Dow Jones Islamic22.2% S&P Shariah24.6% MSCI Islamic27.9% MSCI Islamic M-Series24.6% FTSE Shariah26.9% |
| KGS KODIAK GAS SERVICES INC | NON_COMPLIANT | 1.35% | AAOIFI43.8% Usmani51.2% Dow Jones Islamic74.1% S&P Shariah90.9% MSCI Islamic50.3% MSCI Islamic M-Series90.9% FTSE Shariah49.5% |
| CACI INTERNATIONAL INC | UNSCREENED | 1.34% | no in-house ratios for this holding |
| SF STIFEL FINANCIAL CORP | NON_COMPLIANT | 1.34% | AAOIFI6.0% Usmani1.7% Dow Jones Islamic9.9% S&P Shariah11.2% MSCI Islamic1.7% MSCI Islamic M-Series11.2% FTSE Shariah1.7% |
| KRG KITE REALTY GROUP TRUST | NON_COMPLIANT | 1.30% | AAOIFI54.4% Usmani45.4% Dow Jones Islamic57.1% S&P Shariah59.9% MSCI Islamic45.4% MSCI Islamic M-Series59.9% FTSE Shariah45.4% |
| RRX REGAL REXNORD CORP | NON_COMPLIANT | 1.28% | AAOIFI43.7% Usmani34.7% Dow Jones Islamic44.5% S&P Shariah46.1% MSCI Islamic34.7% MSCI Islamic M-Series46.1% FTSE Shariah33.5% |
| NTB BANK OF N.T. BUTTERFIELD & SON LTD (THE) | NON_COMPLIANT | 1.25% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GTES GATES INDUSTRIAL CORP PLC | NON_COMPLIANT | 1.24% | AAOIFI34.0% Usmani30.2% Dow Jones Islamic38.1% S&P Shariah43.0% MSCI Islamic30.2% MSCI Islamic M-Series43.0% FTSE Shariah30.2% |
| MTDR MATADOR RESOURCES COMPANY | NON_COMPLIANT | 1.22% | AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2% |
| WCC WESCO INTERNATIONAL INC | NON_COMPLIANT | 1.21% | AAOIFI40.2% Usmani37.7% Dow Jones Islamic58.2% S&P Shariah64.7% MSCI Islamic37.7% MSCI Islamic M-Series64.7% FTSE Shariah33.3% |
| GPOR GULFPORT ENERGY CORP | NON_COMPLIANT | 1.20% | AAOIFI29.1% Usmani29.1% Dow Jones Islamic28.3% S&P Shariah30.4% MSCI Islamic29.1% MSCI Islamic M-Series30.4% FTSE Shariah29.1% |
| AGREE REALTY CORP | UNSCREENED | 1.20% | no in-house ratios for this holding |
| GFF GRIFFON CORP | NON_COMPLIANT | 1.19% | AAOIFI31.4% Usmani72.8% Dow Jones Islamic36.5% S&P Shariah38.7% MSCI Islamic72.8% MSCI Islamic M-Series38.7% FTSE Shariah69.0% |
| CONSTELLIUM SE | UNSCREENED | 1.18% | no in-house ratios for this holding |
| INSW INTERNATIONAL SEAWAYS INC | COMPLIANT | 1.18% | AAOIFI12.6% Usmani21.6% Dow Jones Islamic26.6% S&P Shariah28.6% MSCI Islamic21.6% MSCI Islamic M-Series28.6% FTSE Shariah21.4% |
| SWX SOUTHWEST GAS HOLDINGS INC | NON_COMPLIANT | 1.17% | AAOIFI55.0% Usmani33.5% Dow Jones Islamic62.9% S&P Shariah67.5% MSCI Islamic33.5% MSCI Islamic M-Series67.5% FTSE Shariah33.5% |
| NHI NATIONAL HEALTH INVESTORS INC | NON_COMPLIANT | 1.16% | AAOIFI36.6% Usmani43.0% Dow Jones Islamic37.3% S&P Shariah41.8% MSCI Islamic43.0% MSCI Islamic M-Series41.8% FTSE Shariah43.0% |
| HRI HERC HOLDINGS INC | NON_COMPLIANT | 1.15% | AAOIFI200.8% Usmani69.0% Dow Jones Islamic211.0% S&P Shariah223.1% MSCI Islamic69.0% MSCI Islamic M-Series223.1% FTSE Shariah57.7% |
| BFH BREAD FINANCIAL HOLDINGS INC | NON_COMPLIANT | 1.14% | AAOIFI101.5% Usmani19.3% Dow Jones Islamic143.0% S&P Shariah165.3% MSCI Islamic19.3% MSCI Islamic M-Series165.3% FTSE Shariah19.3% |
| NJR NEW JERSEY RESOURCES CORP | NON_COMPLIANT | 1.13% | AAOIFI66.4% Usmani45.0% Dow Jones Islamic74.8% S&P Shariah80.1% MSCI Islamic44.8% MSCI Islamic M-Series80.1% FTSE Shariah42.6% |
| LEONARDO DRS INC | UNSCREENED | 1.11% | no in-house ratios for this holding |
| WSBC WESBANCO INC | NON_COMPLIANT | 1.10% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NE NOBLE CORP PLC | NON_COMPLIANT | 1.09% | AAOIFI25.8% Usmani26.4% Dow Jones Islamic36.9% S&P Shariah35.9% MSCI Islamic26.1% MSCI Islamic M-Series35.9% FTSE Shariah26.1% |
| AIZ ASSURANT INC | NON_COMPLIANT | 1.09% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| EBC EASTERN BANKSHARES INC | NON_COMPLIANT | 1.08% | AAOIFI7.8% Usmani1.3% Dow Jones Islamic10.2% S&P Shariah11.9% MSCI Islamic1.3% MSCI Islamic M-Series11.9% FTSE Shariah1.3% |
| LXP LXP INDUSTRIAL TRUST | NON_COMPLIANT | 1.08% | AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4% |
| APPLE HOSPITALITY REIT INC | UNSCREENED | 1.07% | no in-house ratios for this holding |
| VOYA VOYA FINANCIAL INC | NON_COMPLIANT | 1.07% | AAOIFI23.3% Usmani1.1% Dow Jones Islamic30.0% S&P Shariah30.4% MSCI Islamic1.1% MSCI Islamic M-Series30.4% FTSE Shariah1.1% |
| BLACK HILLS CORP | UNSCREENED | 1.05% | no in-house ratios for this holding |
| CTRI CENTURI HOLDINGS INC | NON_COMPLIANT | 1.04% | AAOIFI43.8% Usmani38.7% Dow Jones Islamic42.6% S&P Shariahfail MSCI Islamic38.1% MSCI Islamic M-Seriesfail FTSE Shariah29.9% |
| IRT INDEPENDENCE REALTY TRUST INC | NON_COMPLIANT | 1.03% | AAOIFI62.8% Usmani40.1% Dow Jones Islamic60.8% S&P Shariah64.8% MSCI Islamic40.1% MSCI Islamic M-Series64.8% FTSE Shariah40.1% |
| ESNT ESSENT GROUP LTD | NON_COMPLIANT | 1.02% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SIGI SELECTIVE INSURANCE GROUP INC | NON_COMPLIANT | 1.01% | AAOIFI9.2% Usmani3.3% Dow Jones Islamic9.9% S&P Shariah9.5% MSCI Islamic3.3% MSCI Islamic M-Series9.5% FTSE Shariah3.3% |
| MGY MAGNOLIA OIL & GAS CORP | COMPLIANT | 1.00% | AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5% |
| ALGM ALLEGRO MICROSYSTEMS INC | COMPLIANT | 0.98% | AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3% |
| MTZ MASTEC INC | COMPLIANT | 0.98% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| MDU MDU RESOURCES GROUP INC | NON_COMPLIANT | 0.98% | AAOIFI62.6% Usmani33.4% Dow Jones Islamic59.6% S&P Shariah60.0% MSCI Islamic33.4% MSCI Islamic M-Series60.0% FTSE Shariah33.4% |
| SBRA SABRA HEALTH CARE REIT INC | NON_COMPLIANT | 0.97% | AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6% |
| HLIO HELIOS TECHNOLOGIES INC | COMPLIANT | 0.97% | AAOIFI10.4% Usmani16.2% Dow Jones Islamic13.7% S&P Shariah14.5% MSCI Islamic16.2% MSCI Islamic M-Series14.5% FTSE Shariah14.9% |
| HOPE HOPE BANCORP INC | NON_COMPLIANT | 0.96% | AAOIFI45.0% Usmani4.3% Dow Jones Islamic58.0% S&P Shariah61.8% MSCI Islamic4.3% MSCI Islamic M-Series61.8% FTSE Shariah4.0% |
| DIOD DIODES INC | COMPLIANT | 0.95% | AAOIFI1.7% Usmani2.8% Dow Jones Islamic2.4% S&P Shariah2.3% MSCI Islamic2.8% MSCI Islamic M-Series2.3% FTSE Shariah0.9% |
| THG HANOVER INSURANCE GROUP INC (THE) | NON_COMPLIANT | 0.94% | AAOIFI10.6% Usmani5.0% Dow Jones Islamic13.8% S&P Shariah15.3% MSCI Islamic5.0% MSCI Islamic M-Series15.3% FTSE Shariah5.0% |
| GPI GROUP 1 AUTOMOTIVE INC | NON_COMPLIANT | 0.92% | AAOIFI107.4% Usmani35.1% Dow Jones Islamic73.5% S&P Shariah78.9% MSCI Islamic35.1% MSCI Islamic M-Series78.9% FTSE Shariah32.8% |
| BELDEN INC | UNSCREENED | 0.91% | no in-house ratios for this holding |
| MERCHANTS BANCORP (INDIANA) | UNSCREENED | 0.91% | no in-house ratios for this holding |
| LPX LOUISIANA PACIFIC CORP | COMPLIANT | 0.89% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| AMAL AMALGAMATED FINANCIAL CORP | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BOYD GAMING CORP | UNSCREENED | 0.82% | no in-house ratios for this holding |
| ICUI ICU MEDICAL INC | NON_COMPLIANT | 0.82% | AAOIFI32.0% Usmani32.4% Dow Jones Islamic35.8% S&P Shariah38.7% MSCI Islamic32.3% MSCI Islamic M-Series38.7% FTSE Shariah31.0% |
| SHOO STEVEN MADDEN LTD | COMPLIANT | 0.80% | AAOIFI11.8% Usmani20.5% Dow Jones Islamic14.4% S&P Shariah14.0% MSCI Islamic20.5% MSCI Islamic M-Series14.0% FTSE Shariah6.8% |
| MTH MERITAGE HOMES CORP | NON_COMPLIANT | 0.80% | AAOIFI13.3% Usmani7.6% Dow Jones Islamic11.3% S&P Shariah11.0% MSCI Islamic7.6% MSCI Islamic M-Series11.0% FTSE Shariah7.6% |
| ACIW ACI WORLDWIDE INC | COMPLIANT | 0.78% | AAOIFI16.0% Usmani27.4% Dow Jones Islamic16.8% S&P Shariah18.8% MSCI Islamic27.4% MSCI Islamic M-Series18.8% FTSE Shariah26.6% |
| AVIENT CORP | UNSCREENED | 0.77% | no in-house ratios for this holding |
| PFGC PERFORMANCE FOOD GROUP COMPANY | NON_COMPLIANT | 0.76% | AAOIFI38.5% Usmani41.3% Dow Jones Islamic41.6% S&P Shariah45.7% MSCI Islamic31.7% MSCI Islamic M-Series45.7% FTSE Shariah26.6% |
| ECG EVERUS CONSTRUCTION GROUP INC | COMPLIANT | 0.76% | AAOIFI5.9% Usmani17.7% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic17.7% MSCI Islamic M-Seriespass FTSE Shariah13.3% |
| OSW ONESPAWORLD HOLDINGS LTD | COMPLIANT | 0.73% | AAOIFI4.0% Usmani12.4% Dow Jones Islamic4.2% S&P Shariah4.8% MSCI Islamic12.4% MSCI Islamic M-Series4.8% FTSE Shariah11.2% |
| H.B. FULLER COMPANY | UNSCREENED | 0.72% | no in-house ratios for this holding |
| MHO M/I HOMES INC | COMPLIANT | 0.72% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| KEX KIRBY CORP | COMPLIANT | 0.72% | AAOIFI16.8% Usmani19.6% Dow Jones Islamic18.8% S&P Shariah19.7% MSCI Islamic19.6% MSCI Islamic M-Series19.7% FTSE Shariah16.6% |
| ACADEMY SPORTS AND OUTDOORS INC | UNSCREENED | 0.71% | no in-house ratios for this holding |
| KNTK KINETIK HOLDINGS INC | NON_COMPLIANT | 0.71% | AAOIFI43.0% Usmani55.5% Dow Jones Islamic56.5% S&P Shariah62.5% MSCI Islamic55.5% MSCI Islamic M-Series62.5% FTSE Shariah54.8% |
| BRKR BRUKER CORP | COMPLIANT | 0.70% | AAOIFI18.9% Usmani30.1% Dow Jones Islamic25.7% S&P Shariah22.6% MSCI Islamic30.1% MSCI Islamic M-Series22.6% FTSE Shariah30.1% |
| SLM CORP (SALLIE MAE) | UNSCREENED | 0.70% | no in-house ratios for this holding |
| LBRT LIBERTY ENERGY INC | NON_COMPLIANT | 0.70% | AAOIFI40.1% Usmani35.9% Dow Jones Islamic44.1% S&P Shariah43.7% MSCI Islamic30.1% MSCI Islamic M-Series43.7% FTSE Shariah28.8% |
| ZWS ZURN ELKAY WATER SOLUTIONS CORP | COMPLIANT | 0.70% | AAOIFI6.6% Usmani21.3% Dow Jones Islamic7.8% S&P Shariah8.6% MSCI Islamic20.6% MSCI Islamic M-Series8.6% FTSE Shariah18.6% |
| KBH KB HOME | NON_COMPLIANT | 0.69% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SAIA SAIA INC | COMPLIANT | 0.69% | AAOIFI2.8% Usmani7.2% Dow Jones Islamic2.7% S&P Shariah2.5% MSCI Islamic7.2% MSCI Islamic M-Series2.5% FTSE Shariah2.7% |
| PATK PATRICK INDUSTRIES INC | NON_COMPLIANT | 0.69% | AAOIFI62.1% Usmani51.4% Dow Jones Islamic51.9% S&P Shariah58.1% MSCI Islamic51.4% MSCI Islamic M-Series58.1% FTSE Shariah44.2% |
| KBR KBR INC | NON_COMPLIANT | 0.65% | AAOIFI60.3% Usmani42.0% Dow Jones Islamic46.0% S&P Shariah41.9% MSCI Islamic42.0% MSCI Islamic M-Series41.9% FTSE Shariah38.3% |
| FG F&G ANNUITIES & LIFE INC | NON_COMPLIANT | 0.64% | AAOIFI68.3% Usmani2.2% Dow Jones Islamic52.6% S&P Shariah51.3% MSCI Islamic2.2% MSCI Islamic M-Series51.3% FTSE Shariah2.2% |
| CHOICE HOTELS INTERNATIONAL INC | UNSCREENED | 0.63% | no in-house ratios for this holding |
| GOLF ACUSHNET HOLDINGS CORP | COMPLIANT | 0.63% | AAOIFI18.5% Usmani36.4% Dow Jones Islamic20.0% S&P Shariah21.2% MSCI Islamic36.4% MSCI Islamic M-Series21.2% FTSE Shariah36.4% |
| HURN HURON CONSULTING GROUP INC | NON_COMPLIANT | 0.60% | AAOIFI35.9% Usmani55.8% Dow Jones Islamic38.0% S&P Shariah40.9% MSCI Islamic55.8% MSCI Islamic M-Series40.9% FTSE Shariah53.8% |
| CENTERSPACE REAL ESTATE INVESTMENT TRUST | UNSCREENED | 0.59% | no in-house ratios for this holding |
| TXRH TEXAS ROADHOUSE INC | NON_COMPLIANT | 0.58% | AAOIFI8.7% Usmani29.6% Dow Jones Islamic9.3% S&P Shariah10.1% MSCI Islamic29.6% MSCI Islamic M-Series10.1% FTSE Shariah1.4% |
| SLGN SILGAN HOLDINGS INC | NON_COMPLIANT | 0.57% | AAOIFI111.4% Usmani50.5% Dow Jones Islamic99.0% S&P Shariah101.1% MSCI Islamic50.5% MSCI Islamic M-Series101.1% FTSE Shariah50.5% |
| NMRK NEWMARK GROUP INC | NON_COMPLIANT | 0.57% | AAOIFI50.7% Usmani26.3% Dow Jones Islamic51.6% S&P Shariah58.7% MSCI Islamic26.3% MSCI Islamic M-Series58.7% FTSE Shariah16.7% |
| RPC RIDGEPOST CAPITAL INC | NON_COMPLIANT | 0.55% | AAOIFI52.4% Usmani42.6% Dow Jones Islamic43.5% S&P Shariah45.6% MSCI Islamic42.6% MSCI Islamic M-Series45.6% FTSE Shariah42.6% |
| KNF KNIFE RIVER CORP | NON_COMPLIANT | 0.53% | AAOIFI47.9% Usmani39.9% Dow Jones Islamic34.9% S&P Shariah37.4% MSCI Islamic39.9% MSCI Islamic M-Series37.4% FTSE Shariah38.7% |
| ALLIANCE LAUNDRY HOLDINGS INC | UNSCREENED | 0.53% | no in-house ratios for this holding |
| MMSI MERIT MEDICAL SYSTEMS INC | COMPLIANT | 0.51% | AAOIFI15.3% Usmani28.6% Dow Jones Islamic15.9% S&P Shariah16.6% MSCI Islamic28.6% MSCI Islamic M-Series16.6% FTSE Shariah25.7% |
| AXALTA COATING SYSTEMS LTD | UNSCREENED | 0.50% | no in-house ratios for this holding |
| ASHLAND INC | UNSCREENED | 0.50% | no in-house ratios for this holding |
| RYZ RYERSON HOLDING CORP | NON_COMPLIANT | 0.48% | AAOIFI97.3% Usmani34.6% Dow Jones Islamic151.0% S&P Shariah150.8% MSCI Islamic34.6% MSCI Islamic M-Series150.8% FTSE Shariah24.9% |
| CNOB CONNECTONE BANCORP INC | NON_COMPLIANT | 0.46% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NXT NEXTPOWER INC | COMPLIANT | 0.39% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| ITGR INTEGER HOLDINGS CORP | NON_COMPLIANT | 0.36% | AAOIFI30.5% Usmani39.9% Dow Jones Islamic35.6% S&P Shariah36.3% MSCI Islamic38.4% MSCI Islamic M-Series36.3% FTSE Shariah36.2% |
| FIDELITY COLCHESTER STREET TRUST | UNSCREENED | 0.33% | no in-house ratios for this holding |
| GOLDMAN SACHS TRUST | UNSCREENED | 0.33% | no in-house ratios for this holding |
| MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | UNSCREENED | 0.33% | no in-house ratios for this holding |
| BLACKROCK LIQUIDITY FUNDS | UNSCREENED | 0.33% | no in-house ratios for this holding |
| WBS WEBSTER FINANCIAL CORP | NON_COMPLIANT | 0.30% | AAOIFI5.9% Usmani0.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.9% MSCI Islamic M-Seriesfail FTSE Shariah0.9% |
| COLM COLUMBIA SPORTSWEAR COMPANY | COMPLIANT | 0.29% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NABL N-ABLE INC | NON_COMPLIANT | 0.29% | AAOIFI54.3% Usmani31.3% Dow Jones Islamic30.9% S&P Shariah25.0% MSCI Islamic31.3% MSCI Islamic M-Series25.0% FTSE Shariah28.1% |
The published standards disagree about this fund by 12 points of portfolio weight — 33.4% of it passes FTSE Shariah, 21.6% 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 26.0% ratios fail on 50.2% 23.8% not rated under AAOIFI
ratios pass on 27.8% ratios fail on 46.2% 26.0% not rated under Usmani
ratios pass on 21.6% ratios fail on 54.6% 23.8% not rated under Dow Jones Islamic
ratios pass on 21.6% ratios fail on 54.6% 23.8% not rated under S&P Shariah
ratios pass on 28.7% ratios fail on 46.8% 24.5% not rated under MSCI Islamic
ratios pass on 21.6% ratios fail on 54.6% 23.8% not rated under MSCI Islamic M-Series
ratios pass on 33.4% ratios fail on 42.1% 24.5% not rated under FTSE Shariah
81 of 106 listed holdings carry our own per-methodology verdicts (78% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 77 (75% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| VLY VALLEY NATIONAL BANCORP | 1.92% |
| HWC HANCOCK WHITNEY CORP | 1.67% |
| COLB COLUMBIA BANKING SYSTEM INC | 1.51% |
| TEX TEREX CORP | 1.43% |
| AXS AXIS CAPITAL HOLDINGS LTD | 1.41% |
| OGE OGE ENERGY CORP | 1.36% |
| KGS KODIAK GAS SERVICES INC | 1.35% |
| SF STIFEL FINANCIAL CORP | 1.34% |
| KRG KITE REALTY GROUP TRUST | 1.30% |
| RRX REGAL REXNORD CORP | 1.28% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Nomura Small Cap Value Fund (DEVCX) 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 |
|---|---|---|
| TTMITTM TECHNOLOGIES INC | 2.36% | Compliant |
| VLYVALLEY NATIONAL BANCORP | 1.92% | Non-compliant |
| SNXTD SYNNEX CORP | 1.86% | Compliant |
| FIRST FINANCIAL BANCORPnot matched to a ticker | 1.85% | Not screened |
| TKRTIMKEN COMPANY (THE) | 1.76% | Compliant |
| HWCHANCOCK WHITNEY CORP | 1.67% | Non-compliant |
| OLD NATIONAL BANCORPnot matched to a ticker | 1.66% | Not screened |
| F.N.B. CORP (PENNSYLVANIA)not matched to a ticker | 1.58% | Not screened |
| COLBCOLUMBIA BANKING SYSTEM INC | 1.51% | Non-compliant |
| TEXTEREX CORP | 1.43% | Non-compliant |
Top 10 of 106 holdings, 17.6% 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 DEVCX. 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 3 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) | 36.80 | NEUTRAL |
| Stochastic %K (14) | 33.33 | NEUTRAL |
| CCI (20) | -80.94 | NEUTRAL |
| Williams %R (14) | -66.67 | NEUTRAL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | -1.18 | SELL |
| Momentum (10) | -0.57 | SELL |
| EMA (10) | 47.96 | SELL |
| SMA (10) | 47.85 | SELL |
| EMA (20) | 48.38 | SELL |
| SMA (20) | 48.26 | SELL |
| EMA (30) | 48.80 | SELL |
| SMA (30) | 48.85 | SELL |
| EMA (50) | 49.34 | SELL |
| SMA (50) | 50.00 | SELL |
| EMA (100) | 49.41 | SELL |
| SMA (100) | 50.31 | SELL |
| EMA (200) | 47.73 | SELL |
| SMA (200) | 48.40 | SELL |
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.