Verdicts genuinely change. Free email alert the moment EUDV'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.
ProShares MSCI Europe Dividend Growers ETF ETF · ProShares Trust
56 holdings · as of 2026-05-31 (4.4 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.
NON-COMPLIANT 33.78% of portfolio weight is in non-compliant holdings, over the 5% threshold.
56 holdings, 43 matched (95% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
1.90% of this portfolio’s income is non-permissible — weighted across holdings, computed over 95% of portfolio weight (43 of 56 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.
60.5% compliant 0.0% questionable 33.8% non-compliant 4.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| LOGN.SW Logitech International SA | COMPLIANT | 3.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ACS.MC ACS Actividades de Construccion y Servicios SA | NON_COMPLIANT | 2.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HLMA.L Halma plc | COMPLIANT | 2.65% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LSEG.L London Stock Exchange Group plc | NON_COMPLIANT | 2.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ASML ASML Holding NV | COMPLIANT | 2.52% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| DB1.DE Deutsche Boerse AG | NON_COMPLIANT | 2.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BNZL.L Bunzl plc | NON_COMPLIANT | 2.46% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RELX RELX plc | COMPLIANT | 2.44% | AAOIFI16.2% Usmani49.2% Dow Jones Islamic12.5% S&P Shariah12.8% MSCI Islamic49.2% MSCI Islamic M-Series12.8% FTSE Shariah49.2% |
| Recordati Industria Chimica e Farmaceutica SpA | UNSCREENED | 2.38% | no in-house ratios for this holding |
| SGE.L Sage Group plc (The) | COMPLIANT | 2.34% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SU.PA Schneider Electric SE | COMPLIANT | 2.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SY1.DE Symrise AG | COMPLIANT | 2.32% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AI.PA Air Liquide SA | COMPLIANT | 2.29% | AAOIFI12.7% Usmani28.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic26.2% MSCI Islamic M-Series— FTSE Shariah26.2% |
| LOTB.BR Lotus Bakeries NV | COMPLIANT | 2.29% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ENEL.MI Enel SpA | NON_COMPLIANT | 2.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ELI.BR Elia Group SA/NV | NON_COMPLIANT | 2.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NESN.SW Nestle SA | COMPLIANT | 2.21% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BA.L BAE Systems plc | NON_COMPLIANT | 2.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KRYAF Kerry Group plc | COMPLIANT | 2.19% | AAOIFI19.7% Usmani25.3% Dow Jones Islamic20.6% S&P Shariah21.5% MSCI Islamic24.3% MSCI Islamic M-Series21.5% FTSE Shariah24.3% |
| SIKA.SW Sika AG | COMPLIANT | 2.19% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LGEN.L Legal & General Group plc | NON_COMPLIANT | 2.18% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UU.L United Utilities Group plc | NON_COMPLIANT | 2.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SLHN.SW Swiss Life Holding AG | NON_COMPLIANT | 2.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BZU.MI Buzzi SpA | COMPLIANT | 2.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| WKL.AS Wolters Kluwer NV | NON_COMPLIANT | 2.15% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| IBE.MC Iberdrola SA | NON_COMPLIANT | 2.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SNY Sanofi SA | COMPLIANT | 2.11% | AAOIFI20.8% Usmani14.7% Dow Jones Islamic38.1% S&P Shariah38.6% MSCI Islamic14.7% MSCI Islamic M-Series38.6% FTSE Shariah14.7% |
| ELISA.HE Elisa OYJ | COMPLIANT | 2.11% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GIVN.SW Givaudan SA | COMPLIANT | 2.08% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| NOVO-B.CO Novo Nordisk A/S | COMPLIANT | 2.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NEM.DE Nemetschek SE | COMPLIANT | 2.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LIFCO-B.ST Lifco AB | COMPLIANT | 2.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NVS Novartis AG | COMPLIANT | 2.01% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| SOF.BR Sofina SA | NON_COMPLIANT | 2.01% | AAOIFI14.8% Usmani10.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.7% MSCI Islamic M-Seriesfail FTSE Shariah10.7% |
| Financiere de Tubize SA | UNSCREENED | 2.01% | no in-house ratios for this holding |
| SAP SAP SE | COMPLIANT | 2.00% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| SGRO.L Segro plc | NON_COMPLIANT | 2.00% | AAOIFI43.5% Usmani31.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.8% MSCI Islamic M-Seriesfail FTSE Shariah30.8% |
| SPX.L Spirax Group plc | COMPLIANT | 1.98% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TEL.OL Telenor ASA | NON_COMPLIANT | 1.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RO.SW Roche Holding AG | COMPLIANT | 1.96% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| UCB.BR UCB SA | COMPLIANT | 1.94% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PGHN.SW Partners Group Holding AG | COMPLIANT | 1.94% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| COLO-B.CO Coloplast A/S | COMPLIANT | 1.78% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GBERY Geberit AG | COMPLIANT | 1.76% | AAOIFI7.9% Usmani36.6% Dow Jones Islamic74.7% S&P Shariah80.0% MSCI Islamic35.1% MSCI Islamic M-Series80.0% FTSE Shariah35.1% |
| LISP.SW Chocoladefabriken Lindt & Spruengli AG | COMPLIANT | 1.70% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Swiss Franc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.06% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.06% | no in-house ratios for this holding |
| INVESCO GOVT AND AGCY LEX | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.04% | no in-house ratios for this holding |
| British Pound | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Repurchase Agreement | UNSCREENED | 0.02% | no in-house ratios for this holding |
| Danish Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Swedish Krona | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Norwegian Krone | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 26 points of portfolio weight — 60.5% of it passes AAOIFI, 34.4% 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 60.5% ratios fail on 33.8% 4.8% not rated under AAOIFI
ratios pass on 34.4% ratios fail on 57.7% 7.0% not rated under Usmani
ratios pass on 54.4% ratios fail on 35.5% 9.1% not rated under Dow Jones Islamic
ratios pass on 54.4% ratios fail on 35.5% 9.1% not rated under S&P Shariah
ratios pass on 36.6% ratios fail on 55.6% 6.8% not rated under MSCI Islamic
ratios pass on 54.4% ratios fail on 35.5% 9.1% not rated under MSCI Islamic M-Series
ratios pass on 36.6% ratios fail on 55.6% 6.8% not rated under FTSE Shariah
43 of 56 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 10 (21% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ACS.MC ACS Actividades de Construccion y Servicios SA | 2.67% |
| LSEG.L London Stock Exchange Group plc | 2.64% |
| DB1.DE Deutsche Boerse AG | 2.51% |
| BNZL.L Bunzl plc | 2.46% |
| ENEL.MI Enel SpA | 2.28% |
| ELI.BR Elia Group SA/NV | 2.21% |
| BA.L BAE Systems plc | 2.21% |
| LGEN.L Legal & General Group plc | 2.18% |
| UU.L United Utilities Group plc | 2.18% |
| SLHN.SW Swiss Life Holding AG | 2.18% |
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.
ProShares MSCI Europe Dividend Growers ETF (EUDV) 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 EUDV — 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) | 44.10 | NEUTRAL |
| Stochastic %K (14) | 41.51 | NEUTRAL |
| CCI (20) | -25.34 | NEUTRAL |
| Williams %R (14) | -58.49 | NEUTRAL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | -1.31 | SELL |
| Momentum (10) | -0.69 | SELL |
| EMA (10) | 51.80 | BUY |
| SMA (10) | 51.69 | BUY |
| EMA (20) | 52.23 | SELL |
| SMA (20) | 52.17 | SELL |
| EMA (30) | 52.59 | SELL |
| SMA (30) | 52.80 | SELL |
| EMA (50) | 52.94 | SELL |
| SMA (50) | 53.68 | SELL |
| EMA (100) | 53.00 | SELL |
| SMA (100) | 53.19 | SELL |
| EMA (200) | 52.62 | SELL |
| SMA (200) | 52.69 | SELL |
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies in the MSCI Europe index that have consistently increased dividends every year for at least 10 years. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | BEARISH | 42 |
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.