Verdicts genuinely change. Free email alert the moment EGFSX'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.
Edgewood Growth Fund · ADVISORS' INNER CIRCLE FUND
24 holdings
NON-COMPLIANT 15.32% of portfolio weight is in non-compliant holdings, over the 5% threshold.
24 holdings, 22 matched (98% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
1.15% of this portfolio’s income is non-permissible — weighted across holdings, computed over 92% of portfolio weight (21 of 24 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.
73.4% compliant 9.4% questionable 15.2% non-compliant 2.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ASML.AS ASML Holding N.V. | COMPLIANT | 9.23% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NVDA NVIDIA CORPORATION | COMPLIANT | 8.92% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| AVGO BROADCOM INC. | COMPLIANT | 7.86% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| AXON AXON ENTERPRISE, INC. | COMPLIANT | 6.95% | AAOIFI4.4% Usmani24.5% Dow Jones Islamic4.0% S&P Shariah4.9% MSCI Islamic24.5% MSCI Islamic M-Series4.9% FTSE Shariah23.1% |
| SNPS SYNOPSYS, INC. | COMPLIANT | 6.18% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| APH AMPHENOL CORPORATION | NON_COMPLIANT | 6.12% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| V VISA INC. | COMPLIANT | 5.43% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| LLY ELI LILLY AND COMPANY | COMPLIANT | 4.77% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| SHOP SHOPIFY INC. | COMPLIANT | 4.67% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| NFLX NETFLIX, INC. | QUESTIONABLE | 4.37% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| FICO FAIR ISAAC CORPORATION | COMPLIANT | 4.34% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| ISRG INTUITIVE SURGICAL, INC. | COMPLIANT | 3.99% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MSCI MSCI INC. | COMPLIANT | 3.97% | AAOIFI15.7% Usmani116.8% Dow Jones Islamic15.3% S&P Shariah15.6% MSCI Islamic116.8% MSCI Islamic M-Series15.6% FTSE Shariah113.9% |
| TDG TRANSDIGM GROUP INCORPORATED | NON_COMPLIANT | 3.88% | AAOIFI51.2% Usmani123.0% Dow Jones Islamic45.8% S&P Shariah49.7% MSCI Islamic123.0% MSCI Islamic M-Series49.7% FTSE Shariah123.0% |
| SPOT SPOTIFY TECHNOLOGY S.A. | NON_COMPLIANT | 3.53% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| RDDT REDDIT, INC. | QUESTIONABLE | 3.10% | AAOIFI0.1% Usmani0.6% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.6% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| VRTX VERTEX PHARMACEUTICALS INCORPORATED | COMPLIANT | 2.72% | AAOIFI1.6% Usmani7.2% Dow Jones Islamic1.7% S&P Shariah1.7% MSCI Islamic7.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| TSLA TESLA, INC. | COMPLIANT | 2.09% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| LIN LINDE PUBLIC LIMITED COMPANY | COMPLIANT | 2.00% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| AMZN AMAZON.COM, INC. | QUESTIONABLE | 1.94% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| BX BLACKSTONE INC. | NON_COMPLIANT | 1.78% | AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7% |
| N/A | UNSCREENED | 1.61% | no in-house ratios for this holding |
| SPGI S&P GLOBAL INC. | COMPLIANT | 0.62% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| N/A | UNSCREENED | 0.37% | no in-house ratios for this holding |
The published standards disagree about this fund by 26 points of portfolio weight — 85.8% of it passes AAOIFI, 59.6% 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 85.8% ratios fail on 3.9% 10.8% not rated under AAOIFI
ratios pass on 59.6% ratios fail on 28.3% 12.6% not rated under Usmani
ratios pass on 85.8% ratios fail on 3.9% 10.8% not rated under Dow Jones Islamic
ratios pass on 85.8% ratios fail on 3.9% 10.8% not rated under S&P Shariah
ratios pass on 61.4% ratios fail on 31.0% 8.1% not rated under MSCI Islamic
ratios pass on 85.8% ratios fail on 3.9% 10.8% not rated under MSCI Islamic M-Series
ratios pass on 61.4% ratios fail on 28.3% 10.8% not rated under FTSE Shariah
22 of 24 listed holdings carry our own per-methodology verdicts (98% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (83% 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.
Edgewood Growth Fund (EGFSX) 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 |
|---|---|---|
| ASML.ASASML Holding N.V. | 9.23% | Compliant |
| NVDANVIDIA CORPORATION | 8.92% | Compliant |
| AVGOBROADCOM INC. | 7.86% | Compliant |
| AXONAXON ENTERPRISE, INC. | 6.95% | Compliant |
| SNPSSYNOPSYS, INC. | 6.18% | Compliant |
| APHAMPHENOL CORPORATION | 6.12% | Non-compliant |
| VVISA INC. | 5.43% | Compliant |
| LLYELI LILLY AND COMPANY | 4.77% | Compliant |
| SHOPSHOPIFY INC. | 4.67% | Compliant |
| NFLXNETFLIX, INC. | 4.37% | Questionable |
Top 10 of 24 holdings, 64.5% 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 EGFSX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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.