FBSOXETF / FundSelect Enterprise Technology Services Portfolio
Verdicts genuinely change. Free email alert the moment FBSOX'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.
Select Enterprise Technology Services Portfolio · Fidelity Select Portfolios
35 holdings
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 103% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 21.81% of portfolio weight is in non-compliant holdings, over the 5% threshold.
35 holdings, 30 matched (86% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.
1.42% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (29 of 35 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.
62.1% compliant 2.5% questionable 21.2% non-compliant 14.2% unscreened
All holdings (35)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| V VISA INC | COMPLIANT | 20.44% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| MA MASTERCARD INC | COMPLIANT | 15.79% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| IBM CORPORATION | UNSCREENED | 9.55% | no in-house ratios for this holding |
| NET CLOUDFLARE INC | NON_COMPLIANT | 4.56% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| SNOW SNOWFLAKE INC | COMPLIANT | 4.45% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| TWLO TWILIO INC | COMPLIANT | 3.31% | AAOIFI3.1% Usmani9.8% Dow Jones Islamic5.4% S&P Shariah6.4% MSCI Islamic9.8% MSCI Islamic M-Series6.4% FTSE Shariah9.2% |
| XYZ BLOCK INC | NON_COMPLIANT | 3.26% | AAOIFI12.2% Usmani15.3% Dow Jones Islamic14.3% S&P Shariah14.7% MSCI Islamic15.3% MSCI Islamic M-Series14.7% FTSE Shariah14.6% |
| OKTA OKTA INC | COMPLIANT | 2.90% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| Fidelity Revere Street Trust | UNSCREENED | 2.87% | no in-house ratios for this holding |
| AFRM AFFIRM HOLDINGS INC | NON_COMPLIANT | 2.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ACN ACCENTURE PLC | COMPLIANT | 2.68% | AAOIFI7.7% Usmani12.2% Dow Jones Islamic5.0% S&P Shariah4.7% MSCI Islamic12.2% MSCI Islamic M-Series4.7% FTSE Shariah7.5% |
| ADP AUTOMATIC DATA PROCESSING INC | COMPLIANT | 2.67% | AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9% |
| CPAY CORPAY INC | NON_COMPLIANT | 2.45% | AAOIFI57.3% Usmani53.7% Dow Jones Islamic65.2% S&P Shariah68.4% MSCI Islamic53.7% MSCI Islamic M-Series68.4% FTSE Shariah53.7% |
| SSNC SS and C TECHNOLOGIES HLDGS INC | NON_COMPLIANT | 2.34% | AAOIFI39.6% Usmani37.7% Dow Jones Islamic41.2% S&P Shariah44.6% MSCI Islamic37.7% MSCI Islamic M-Series44.6% FTSE Shariah36.8% |
| MDB MONGODB INC | COMPLIANT | 2.11% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| EXLS EXLSERVICE HOLDINGS INC | COMPLIANT | 1.87% | AAOIFI9.3% Usmani31.1% Dow Jones Islamic8.2% S&P Shariah8.8% MSCI Islamic30.9% MSCI Islamic M-Series8.8% FTSE Shariah24.9% |
| RELY REMITLY GLOBAL INC | COMPLIANT | 1.84% | AAOIFI0.7% Usmani2.4% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.2% |
| COREWEAVE INC | UNSCREENED | 1.81% | no in-house ratios for this holding |
| GOOG ALPHABET INC | QUESTIONABLE | 1.52% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| G GENPACT LTD | NON_COMPLIANT | 1.48% | AAOIFI22.3% Usmani26.1% Dow Jones Islamic19.6% S&P Shariah20.7% MSCI Islamic25.8% MSCI Islamic M-Series20.7% FTSE Shariah21.8% |
| DDOG DATADOG INC | NON_COMPLIANT | 1.37% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| PYPL PAYPAL HOLDINGS INC | NON_COMPLIANT | 1.36% | AAOIFI22.1% Usmani12.5% Dow Jones Islamic16.3% S&P Shariah16.0% MSCI Islamic12.5% MSCI Islamic M-Series16.0% FTSE Shariah11.7% |
| VRSN VERISIGN INC | COMPLIANT | 1.36% | AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DOCN DIGITALOCEAN HOLDINGS INC | COMPLIANT | 1.14% | AAOIFI9.5% Usmani58.0% Dow Jones Islamic23.7% S&P Shariah28.5% MSCI Islamic44.8% MSCI Islamic M-Series28.5% FTSE Shariah29.5% |
| APLD APPLIED DIGITAL CORP | NON_COMPLIANT | 1.10% | AAOIFI1.0% Usmani0.9% Dow Jones Islamic1.1% S&P Shariah1.5% MSCI Islamic0.5% MSCI Islamic M-Series1.5% FTSE Shariah0.0% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 1.01% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| TOST TOAST INC | COMPLIANT | 0.84% | AAOIFI0.1% Usmani0.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.5% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| RIOT RIOT PLATFORMS INC | COMPLIANT | 0.84% | AAOIFI10.7% Usmani26.9% Dow Jones Islamic16.7% S&P Shariah20.0% MSCI Islamic26.9% MSCI Islamic M-Series20.0% FTSE Shariah25.8% |
| PAY PAYMENTUS HOLDINGS INC | COMPLIANT | 0.69% | AAOIFI0.2% Usmani1.2% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic1.2% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| FISV FISERV INC | NON_COMPLIANT | 0.62% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| WULF TERAWULF INC | NON_COMPLIANT | 0.56% | AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6% |
| INTU INTUIT INC | COMPLIANT | 0.52% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8% |
| FSLY FASTLY INC | COMPLIANT | 0.41% | AAOIFI11.6% Usmani26.5% Dow Jones Islamic21.9% S&P Shariah21.9% MSCI Islamic26.5% MSCI Islamic M-Series21.9% FTSE Shariah21.5% |
| DLOCAL LTD/URUGUAY | UNSCREENED | 0.35% | no in-house ratios for this holding |
| Fidelity Revere Street Trust | UNSCREENED | 0.03% | no in-house ratios for this holding |
The published standards disagree about this fund by 27 points of portfolio weight — 65.0% of it passes AAOIFI, 38.3% passes MSCI 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 65.0% ratios fail on 14.6% 23.2% not rated under AAOIFI
ratios pass on 47.9% ratios fail on 33.8% 21.0% not rated under Usmani
ratios pass on 49.2% ratios fail on 30.4% 23.2% not rated under Dow Jones Islamic
ratios pass on 50.6% ratios fail on 29.1% 23.2% not rated under S&P Shariah
ratios pass on 38.3% ratios fail on 42.0% 22.6% not rated under MSCI Islamic
ratios pass on 49.2% ratios fail on 30.4% 23.2% not rated under MSCI Islamic M-Series
ratios pass on 49.1% ratios fail on 32.7% 21.0% not rated under FTSE Shariah
30 of 35 listed holdings carry our own per-methodology verdicts (88% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 29 (85% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Select Enterprise Technology Services Portfolio (FBSOX) 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.
Screened on its holdings, not its name
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 |
|---|---|---|
| VVISA INC | 20.44% | Compliant |
| MAMASTERCARD INC | 15.79% | Compliant |
| IBM CORPORATIONnot matched to a ticker | 9.55% | Not screened |
| NETCLOUDFLARE INC | 4.56% | Non-compliant |
| SNOWSNOWFLAKE INC | 4.45% | Compliant |
| TWLOTWILIO INC | 3.31% | Compliant |
| XYZBLOCK INC | 3.26% | Non-compliant |
| OKTAOKTA INC | 2.90% | Compliant |
| Fidelity Revere Street Trustnot matched to a ticker | 2.87% | Not screened |
| AFRMAFFIRM HOLDINGS INC | 2.71% | Non-compliant |
Top 10 of 35 holdings, 69.8% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- IBM CORPORATIONnot screened9.55%
- NETnon-compliant4.56%
- XYZnon-compliant3.26%
- Fidelity Revere Street Trustnot screened2.87%
- AFRMnon-compliant2.71%
- CPAYnon-compliant2.45%
What changed, and when
Verdict history for FBSOX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for FBSOX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
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.
Price Forecast
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.
Technical Summary
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 62.90 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 112.84 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.16 | BUY |
| ROC (10) | 4.95 | BUY |
| Momentum (10) | 2.24 | BUY |
| EMA (10) | 46.71 | BUY |
| SMA (10) | 46.76 | BUY |
| EMA (20) | 46.15 | BUY |
| SMA (20) | 45.78 | BUY |
| EMA (30) | 45.77 | BUY |
| SMA (30) | 45.47 | BUY |
| EMA (50) | 45.09 | BUY |
| SMA (50) | 45.38 | BUY |
| EMA (100) | 43.65 | BUY |
| SMA (100) | 43.28 | BUY |
| EMA (200) | 42.16 | BUY |
| SMA (200) | 40.58 | BUY |
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
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.
What does unrated weight mean?
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.
Does the issuer's board make it compliant?
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.
How often is this re-screened?
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.
Compare with
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.
AI Summary
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.