Verdicts genuinely change. Free email alert the moment GASFX'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.
Hennessy Gas Utility Fund · Hennessy Funds Trust
47 holdings
NON-COMPLIANT 81.83% of portfolio weight is in non-compliant holdings, over the 5% threshold.
47 holdings, 39 matched (88% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
0.48% of this portfolio’s income is non-permissible — weighted across holdings, computed over 75% of portfolio weight (34 of 47 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.
6.3% compliant 0.0% questionable 81.8% non-compliant 11.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| LNG Cheniere Energy Inc | NON_COMPLIANT | 5.50% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| ONEOK Inc | UNSCREENED | 5.20% | no in-house ratios for this holding |
| BRK.B Berkshire Hathaway Inc | NON_COMPLIANT | 5.08% | no in-house ratios for this holding |
| TRP TC Energy Corp | NON_COMPLIANT | 5.07% | AAOIFI2.3% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah3.0% MSCI Islamic1.7% MSCI Islamic M-Series3.0% FTSE Shariah1.3% |
| KMI Kinder Morgan Inc | NON_COMPLIANT | 5.02% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| ENB.TO Enbridge Inc | NON_COMPLIANT | 5.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ATO Atmos Energy Corp | NON_COMPLIANT | 4.99% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 4.80% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| SO Southern Co/The | NON_COMPLIANT | 4.78% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| SRE Sempra | NON_COMPLIANT | 4.76% | AAOIFI65.2% Usmani32.7% Dow Jones Islamic66.4% S&P Shariah71.2% MSCI Islamic31.6% MSCI Islamic M-Series71.2% FTSE Shariah30.4% |
| DTM DT Midstream Inc | COMPLIANT | 3.58% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| WEC WEC Energy Group Inc | NON_COMPLIANT | 3.17% | AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1% |
| NI NiSource Inc | NON_COMPLIANT | 3.06% | AAOIFI82.1% Usmani43.4% Dow Jones Islamic85.6% S&P Shariah99.5% MSCI Islamic43.4% MSCI Islamic M-Series99.5% FTSE Shariah43.4% |
| NG.L National Grid PLC | NON_COMPLIANT | 2.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EQT EQT Corp | COMPLIANT | 2.77% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| ED Consolidated Edison Inc | NON_COMPLIANT | 2.67% | AAOIFI65.9% Usmani35.2% Dow Jones Islamic73.6% S&P Shariah78.5% MSCI Islamic35.2% MSCI Islamic M-Series78.5% FTSE Shariah34.5% |
| CNP CenterPoint Energy Inc | NON_COMPLIANT | 2.53% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Public Service Enterprise Grou | UNSCREENED | 2.40% | no in-house ratios for this holding |
| PCG PG&E Corp | NON_COMPLIANT | 2.15% | AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3% |
| DUK Duke Energy Corp | NON_COMPLIANT | 2.15% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| CMS CMS Energy Corp | NON_COMPLIANT | 1.90% | AAOIFI89.2% Usmani47.2% Dow Jones Islamic90.3% S&P Shariah98.1% MSCI Islamic46.5% MSCI Islamic M-Series98.1% FTSE Shariah46.5% |
| SWX Southwest Gas Holdings Inc | NON_COMPLIANT | 1.52% | AAOIFI55.0% Usmani33.5% Dow Jones Islamic62.9% S&P Shariah67.5% MSCI Islamic33.5% MSCI Islamic M-Series67.5% FTSE Shariah33.5% |
| XEL Xcel Energy Inc | NON_COMPLIANT | 1.52% | AAOIFI82.6% Usmani47.8% Dow Jones Islamic94.9% S&P Shariah105.9% MSCI Islamic46.3% MSCI Islamic M-Series105.9% FTSE Shariah45.3% |
| OGS ONE Gas Inc | NON_COMPLIANT | 1.26% | AAOIFI51.6% Usmani29.4% Dow Jones Islamic57.7% S&P Shariah63.4% MSCI Islamic29.4% MSCI Islamic M-Series63.4% FTSE Shariah29.4% |
| NJR New Jersey Resources Corp | NON_COMPLIANT | 1.24% | AAOIFI66.4% Usmani45.0% Dow Jones Islamic74.8% S&P Shariah80.1% MSCI Islamic44.8% MSCI Islamic M-Series80.1% FTSE Shariah42.6% |
| EXC Exelon Corp | NON_COMPLIANT | 1.22% | AAOIFI109.9% Usmani42.1% Dow Jones Islamic115.7% S&P Shariah124.5% MSCI Islamic42.1% MSCI Islamic M-Series124.5% FTSE Shariah42.1% |
| DTE DTE Energy Co | NON_COMPLIANT | 1.20% | AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9% |
| NFG National Fuel Gas Co | NON_COMPLIANT | 1.16% | AAOIFI44.7% Usmani34.1% Dow Jones Islamic50.5% S&P Shariah57.4% MSCI Islamic34.1% MSCI Islamic M-Series57.4% FTSE Shariah34.1% |
| Fortis Inc/Canada | UNSCREENED | 1.13% | no in-house ratios for this holding |
| PPL PPL Corp | NON_COMPLIANT | 1.11% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| D Dominion Energy Inc | NON_COMPLIANT | 1.00% | AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7% |
| SR Spire Inc | NON_COMPLIANT | 0.94% | AAOIFI156.5% Usmani52.6% Dow Jones Islamic173.6% S&P Shariah194.4% MSCI Islamic52.6% MSCI Islamic M-Series194.4% FTSE Shariah52.6% |
| WTRG Essential Utilities Inc | NON_COMPLIANT | 0.87% | AAOIFI74.1% Usmani42.5% Dow Jones Islamic81.4% S&P Shariah84.9% MSCI Islamic42.5% MSCI Islamic M-Series84.9% FTSE Shariah42.4% |
| AEE Ameren Corp | NON_COMPLIANT | 0.81% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UGI Corp | UNSCREENED | 0.80% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 0.77% | no in-house ratios for this holding |
| MDU MDU Resources Group Inc | NON_COMPLIANT | 0.70% | AAOIFI62.6% Usmani33.4% Dow Jones Islamic59.6% S&P Shariah60.0% MSCI Islamic33.4% MSCI Islamic M-Series60.0% FTSE Shariah33.4% |
| Chesapeake Utilities Corp | UNSCREENED | 0.69% | no in-house ratios for this holding |
| Black Hills Corp | UNSCREENED | 0.68% | no in-house ratios for this holding |
| NWN Northwest Natural Holding Co | NON_COMPLIANT | 0.45% | AAOIFI124.6% Usmani40.1% Dow Jones Islamic146.2% S&P Shariah161.6% MSCI Islamic40.1% MSCI Islamic M-Series161.6% FTSE Shariah38.8% |
| LNT Alliant Energy Corp | NON_COMPLIANT | 0.45% | AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4% |
| NWE Northwestern Energy Group Inc | NON_COMPLIANT | 0.21% | AAOIFI80.1% Usmani40.2% Dow Jones Islamic97.3% S&P Shariah105.7% MSCI Islamic40.1% MSCI Islamic M-Series105.7% FTSE Shariah40.1% |
| Avista Corp | UNSCREENED | 0.18% | no in-house ratios for this holding |
| AQN.TO Algonquin Power & Utilities Co | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MGEE MGE Energy Inc | NON_COMPLIANT | 0.16% | AAOIFI31.1% Usmani29.1% Dow Jones Islamic29.9% S&P Shariah31.5% MSCI Islamic28.5% MSCI Islamic M-Series31.5% FTSE Shariah28.3% |
| UTL Unitil Corp | NON_COMPLIANT | 0.16% | AAOIFI74.4% Usmani32.8% Dow Jones Islamic84.0% S&P Shariah87.7% MSCI Islamic32.8% MSCI Islamic M-Series87.7% FTSE Shariah32.5% |
| RGCO RGC Resources Inc | NON_COMPLIANT | 0.06% | AAOIFI66.0% Usmani43.7% Dow Jones Islamic68.8% S&P Shariah73.0% MSCI Islamic43.7% MSCI Islamic M-Series73.0% FTSE Shariah43.7% |
The published standards disagree about this fund by 10 points of portfolio weight — 17.6% of it passes MSCI Islamic, 7.8% passes S&P Shariah. 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 11.4% ratios fail on 64.2% 24.5% not rated under AAOIFI
ratios pass on 14.0% ratios fail on 61.4% 24.6% not rated under Usmani
ratios pass on 11.4% ratios fail on 64.0% 24.6% not rated under Dow Jones Islamic
ratios pass on 7.8% ratios fail on 67.6% 24.6% not rated under S&P Shariah
ratios pass on 17.6% ratios fail on 57.8% 24.6% not rated under MSCI Islamic
ratios pass on 7.8% ratios fail on 67.6% 24.6% not rated under MSCI Islamic M-Series
ratios pass on 17.6% ratios fail on 57.8% 24.6% not rated under FTSE Shariah
38 of 47 listed holdings carry our own per-methodology verdicts (83% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 32 (67% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| LNG Cheniere Energy Inc | 5.50% |
| BRK.B Berkshire Hathaway Inc | 5.08% |
| TRP TC Energy Corp | 5.07% |
| KMI Kinder Morgan Inc | 5.02% |
| ENB.TO Enbridge Inc | 5.00% |
| ATO Atmos Energy Corp | 4.99% |
| WMB Williams Cos Inc/The | 4.80% |
| SO Southern Co/The | 4.78% |
| SRE Sempra | 4.76% |
| WEC WEC Energy Group Inc | 3.17% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Hennessy Gas Utility Fund (GASFX) 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 |
|---|---|---|
| LNGCheniere Energy Inc | 5.50% | Non-compliant |
| ONEOK Incnot matched to a ticker | 5.20% | Not screened |
| BRK.BBerkshire Hathaway Inc | 5.08% | Non-compliant |
| TRPTC Energy Corp | 5.07% | Non-compliant |
| KMIKinder Morgan Inc | 5.02% | Non-compliant |
| ENB.TOEnbridge Inc | 5.00% | Non-compliant |
| ATOAtmos Energy Corp | 4.99% | Non-compliant |
| WMBWilliams Cos Inc/The | 4.80% | Non-compliant |
| SOSouthern Co/The | 4.78% | Non-compliant |
| SRESempra | 4.76% | Non-compliant |
Top 10 of 47 holdings, 50.2% 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 GASFX. 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 4 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) | 54.30 | NEUTRAL |
| Stochastic %K (14) | 80.25 | SELL |
| CCI (20) | 91.33 | NEUTRAL |
| Williams %R (14) | -19.75 | SELL |
| MACD (12,26,9) | 0.17 | BUY |
| ROC (10) | 4.01 | BUY |
| Momentum (10) | 1.07 | BUY |
| EMA (10) | 27.59 | BUY |
| SMA (10) | 27.51 | BUY |
| EMA (20) | 27.51 | BUY |
| SMA (20) | 27.22 | BUY |
| EMA (30) | 27.61 | BUY |
| SMA (30) | 27.50 | BUY |
| EMA (50) | 27.86 | SELL |
| SMA (50) | 27.92 | SELL |
| EMA (100) | 28.18 | SELL |
| SMA (100) | 28.50 | SELL |
| EMA (200) | 28.00 | SELL |
| SMA (200) | 28.51 | 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.