Verdicts genuinely change. Free email alert the moment DGIN'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.
VanEck Digital India ETF ETF · VanEck ETF Trust
30 holdings · as of 2026-06-30 (3.4 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
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 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 33.46% of portfolio weight is in non-compliant holdings, over the 5% threshold.
30 holdings, 30 matched (100% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
3.20% of this portfolio’s income is non-permissible — weighted across holdings, computed over 98% of portfolio weight (29 of 30 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.
66.7% compliant 0.0% questionable 33.3% non-compliant 0.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| RELIANCE.NS Reliance Industries Ltd | COMPLIANT | 7.96% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BHARTIARTL.BO Bharti Airtel Ltd | COMPLIANT | 7.94% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ETERNAL.NS Eternal Ltd | COMPLIANT | 7.36% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| JIOFIN.NS Jio Financial Services Ltd | COMPLIANT | 6.36% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| POLICYBZR.NS PB Fintech Ltd | NON_COMPLIANT | 6.16% | AAOIFI0.4% Usmani8.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.1% MSCI Islamic M-Seriesfail FTSE Shariah4.1% |
| NYKAA.NS FSN E-Commerce Ventures Ltd | COMPLIANT | 5.07% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| INDUSTOWER.NS Indus Towers Ltd | COMPLIANT | 4.96% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SWIGGY.NS Swiggy Ltd | COMPLIANT | 4.70% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| PAYTM.NS One 97 Communications Ltd | NON_COMPLIANT | 4.59% | AAOIFI0.2% Usmani1.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.7% MSCI Islamic M-Seriesfail FTSE Shariah0.7% |
| IDEA.NS Vodafone Idea Ltd | NON_COMPLIANT | 4.46% | AAOIFI119.0% Usmani122.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic100.5% MSCI Islamic M-Seriesfail FTSE Shariah100.5% |
| DIXON.NS Dixon Technologies India Ltd | COMPLIANT | 4.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| GROWW.NS Billionbrains Garage Ventures Ltd | NON_COMPLIANT | 4.40% | AAOIFI0.2% Usmani1.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.6% MSCI Islamic M-Seriesfail FTSE Shariah1.6% |
| NAUKRI.NS Info Edge India Ltd | NON_COMPLIANT | 4.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MMYT MakeMyTrip Ltd | NON_COMPLIANT | 2.87% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| TATACOMM.NS Tata Communications Ltd | COMPLIANT | 2.85% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HFCL.NS HFCL Ltd | COMPLIANT | 2.64% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ANGELONE.NS Angel One Ltd | NON_COMPLIANT | 2.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAMS.BO Computer Age Management Services Ltd | COMPLIANT | 2.45% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| REDINGTON.NS Redington Ltd | COMPLIANT | 1.80% | AAOIFI10.5% Usmani9.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| SBICARD.NS SBI Cards & Payment Services Ltd | NON_COMPLIANT | 1.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TATATECH.NS Tata Technologies Ltd | COMPLIANT | 1.55% | AAOIFI2.9% Usmani13.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic10.5% MSCI Islamic M-Seriespass FTSE Shariah10.5% |
| CARTRADE.NS Cartrade Tech Ltd | COMPLIANT | 1.47% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BHARTIHEXA.NS Bharti Hexacom Ltd | COMPLIANT | 1.38% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KAYNES.NS Kaynes Technology India Ltd | COMPLIANT | 1.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| AFFLE.NS Affle 3i Ltd | COMPLIANT | 1.12% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KFINTECH.NS Kfin Technologies Ltd | COMPLIANT | 1.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ZENTEC.BO Zen Technologies Ltd | NON_COMPLIANT | 0.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IEX.NS Indian Energy Exchange Ltd | NON_COMPLIANT | 0.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INDIAMART.NS IndiaMart InterMesh Ltd | COMPLIANT | 0.64% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TEJASNET.NS Tejas Networks Ltd | NON_COMPLIANT | 0.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
The published standards disagree about this fund by 35 points of portfolio weight — 69.9% of it passes AAOIFI, 34.5% passes Usmani. 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 69.9% ratios fail on 30.6% 0.0% not rated under AAOIFI
ratios pass on 34.5% ratios fail on 66.1% 0.0% not rated under Usmani
ratios pass on 63.2% ratios fail on 37.4% 0.0% not rated under Dow Jones Islamic
ratios pass on 63.2% ratios fail on 37.4% 0.0% not rated under S&P Shariah
ratios pass on 35.8% ratios fail on 64.8% 0.0% not rated under MSCI Islamic
ratios pass on 63.2% ratios fail on 37.4% 0.0% not rated under MSCI Islamic M-Series
ratios pass on 44.1% ratios fail on 56.4% 0.0% not rated under FTSE Shariah
30 of 30 listed holdings carry our own per-methodology verdicts (101% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 7 (26% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| POLICYBZR.NS PB Fintech Ltd | 6.16% |
| PAYTM.NS One 97 Communications Ltd | 4.59% |
| IDEA.NS Vodafone Idea Ltd | 4.46% |
| GROWW.NS Billionbrains Garage Ventures Ltd | 4.40% |
| NAUKRI.NS Info Edge India Ltd | 4.32% |
| MMYT MakeMyTrip Ltd | 2.87% |
| ANGELONE.NS Angel One Ltd | 2.62% |
| SBICARD.NS SBI Cards & Payment Services Ltd | 1.75% |
| ZENTEC.BO Zen Technologies Ltd | 0.97% |
| IEX.NS Indian Energy Exchange Ltd | 0.68% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
VanEck Digital India ETF (DGIN) 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.
Computing the full ratio and business-activity breakdown for DGIN — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Not enough completed daily bars to compute pivots.
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) | 41.50 | NEUTRAL |
| Stochastic %K (14) | 44.53 | NEUTRAL |
| CCI (20) | -16.98 | NEUTRAL |
| Williams %R (14) | -55.47 | NEUTRAL |
| MACD (12,26,9) | -0.00 | NEUTRAL |
| ROC (10) | -0.19 | SELL |
| Momentum (10) | -0.07 | SELL |
| EMA (10) | 34.73 | BUY |
| SMA (10) | 34.51 | BUY |
| EMA (20) | 35.18 | BUY |
| SMA (20) | 35.25 | SELL |
| EMA (30) | 35.51 | SELL |
| SMA (30) | 35.89 | SELL |
| EMA (50) | 35.77 | SELL |
| SMA (50) | 36.44 | SELL |
| EMA (100) | 35.86 | SELL |
| SMA (100) | 35.74 | SELL |
| EMA (200) | 36.64 | SELL |
| SMA (200) | 35.60 | SELL |
The fund normally invests at least 80% of its total assets in securities that comprise its benchmark index. The index consists of equity securities of companies involved in supporting the digitalization of the Indian economy. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 42 |
| ⏱ 15-Min | NEUTRAL | 22 |
| ⏲ 5-Min | BEARISH | 66 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
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.
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-06 · Asset managers net 906615 (+2612)
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.