GLINETF / FundVanEck India Growth Leaders ETF
Verdicts genuinely change. Free email alert the moment GLIN'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 India Growth Leaders ETF ETF · VanEck ETF Trust
81 holdings · as of 2026-06-30 (4.1 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 35.40% of portfolio weight is in non-compliant holdings, over the 5% threshold.
81 holdings, 79 matched (96% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
1.94% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (70 of 81 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.
60.6% compliant 0.0% questionable 35.2% non-compliant 4.3% unscreened
All holdings (81)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BSE.NS BSE Ltd | NON_COMPLIANT | 6.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TRENT.NS Trent Ltd | COMPLIANT | 5.42% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BHARTIARTL.BO Bharti Airtel Ltd | COMPLIANT | 4.66% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HAL.NS Hindustan Aeronautics Ltd | NON_COMPLIANT | 4.43% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| EICHERMOT.BO Eicher Motors Ltd | COMPLIANT | 4.37% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| State Bank of India | UNSCREENED | 4.30% | no in-house ratios for this holding |
| POLYCAB.NS Polycab India Ltd | COMPLIANT | 4.23% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| BEL.NS Bharat Electronics Ltd | NON_COMPLIANT | 4.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SUZLON.NS Suzlon Energy Ltd | COMPLIANT | 3.62% | AAOIFI1.6% Usmani6.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic5.2% MSCI Islamic M-Seriespass FTSE Shariah5.2% |
| HEROMOTOCO.NS Hero MotoCorp Ltd | COMPLIANT | 3.32% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GVT&D.BO GE Vernova T&D India Ltd | COMPLIANT | 3.27% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| MCX.NS Multi Commodity Exchange of India Ltd | NON_COMPLIANT | 3.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LUPIN.NS Lupin Ltd | COMPLIANT | 3.15% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| HDFCAMC.NS HDFC Asset Management Co Ltd | COMPLIANT | 3.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IDBI.NS IDBI Bank Ltd | NON_COMPLIANT | 2.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BANKBARODA.NS Bank of Baroda | NON_COMPLIANT | 2.96% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CANBK.NS Canara Bank | NON_COMPLIANT | 2.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UNIONBANK.NS Union Bank of India Ltd | NON_COMPLIANT | 1.92% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MUTHOOTFIN.NS Muthoot Finance Ltd | NON_COMPLIANT | 1.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INDIANB.NS Indian Bank | NON_COMPLIANT | 1.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NMDC.BO NMDC Ltd | COMPLIANT | 1.63% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| NATIONALUM.NS National Aluminium Co Ltd | COMPLIANT | 1.53% | AAOIFI0.3% Usmani1.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.8% MSCI Islamic M-Seriespass FTSE Shariah0.8% |
| ZYDUSLIFE.NS Zydus Lifesciences Ltd | COMPLIANT | 1.49% | AAOIFI11.3% Usmani25.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic23.8% MSCI Islamic M-Seriespass FTSE Shariah23.8% |
| WAAREEENER.NS WAAREE Energies Ltd | COMPLIANT | 1.39% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| IKS.NS Inventurus Knowledge Solutions Ltd | COMPLIANT | 1.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NAM-INDIA.NS Nippon Life India Asset Management Ltd | COMPLIANT | 1.14% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MAHABANK.NS Bank of Maharashtra | NON_COMPLIANT | 1.06% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BANKINDIA.NS Bank of India | NON_COMPLIANT | 1.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LLOYDSME.BO Lloyds Metals & Energy Ltd | COMPLIANT | 1.00% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WELCORP.BO Welspun Corp Ltd | COMPLIANT | 0.97% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ACUTAAS.NS Acutaas Chemicals Ltd | COMPLIANT | 0.97% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| HINDCOPPER.BO Hindustan Copper Ltd | COMPLIANT | 0.94% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TDPOWERSYS.BO TD Power Systems Ltd | COMPLIANT | 0.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| SAILIFE.NS SAI Life Sciences Ltd | COMPLIANT | 0.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AJANTPHARM.NS Ajanta Pharma Ltd | COMPLIANT | 0.77% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| PREMIERENE.NS Premier Energies Ltd | COMPLIANT | 0.67% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SYRMA.NS Syrma SGS Technology Ltd | COMPLIANT | 0.59% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| DATAPATTNS.NS Data Patterns India Ltd | COMPLIANT | 0.56% | AAOIFI0.0% Usmani0.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.3% MSCI Islamic M-Seriespass FTSE Shariah0.3% |
| NETWEB.NS Netweb Technologies India Ltd | COMPLIANT | 0.52% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| FORCEMOT.BO Force Motors Ltd | COMPLIANT | 0.52% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HBLENGINE.BO HBL Engineering Ltd | COMPLIANT | 0.49% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| KFINTECH.NS Kfin Technologies Ltd | COMPLIANT | 0.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ABSLAMC.NS Aditya Birla Sun Life Asset Management Co Ltd | COMPLIANT | 0.41% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GRSE.NS Garden Reach Shipbuilders & Engineers Ltd | COMPLIANT | 0.41% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| NATCOPHARM.NS Natco Pharma Ltd | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHAMBLFERT.NS Chambal Fertilisers and Chemicals Ltd | COMPLIANT | 0.40% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ENGINERSIN.NS Engineers India Ltd | COMPLIANT | 0.38% | AAOIFI0.1% Usmani0.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.3% MSCI Islamic M-Seriespass FTSE Shariah0.3% |
| CUPID.BO Cupid Ltd | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VOLTAMP.NS Voltamp Transformers Ltd | COMPLIANT | 0.36% | AAOIFI0.0% Usmani0.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| J&KBANK.NS Jammu & Kashmir Bank Ltd/The | NON_COMPLIANT | 0.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHAILY.BO Shaily Engineering Plastics Ltd | COMPLIANT | 0.35% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SAGILITY.NS Sagility Ltd | COMPLIANT | 0.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SHRIPISTON.NS Shriram Pistons & Rings Ltd | COMPLIANT | 0.33% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ECLERX.NS eClerx Services Ltd | COMPLIANT | 0.30% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| INDIAMART.NS IndiaMart InterMesh Ltd | COMPLIANT | 0.30% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SJS.NS SJS Enterprises Ltd | COMPLIANT | 0.30% | AAOIFI0.3% Usmani3.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic2.1% MSCI Islamic M-Series— FTSE Shariah2.1% |
| AIIL.NS Authum Investment & Infrastucture Ltd | NON_COMPLIANT | 0.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PRICOLLTD.NS Pricol Ltd | COMPLIANT | 0.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BAJAJCON.BO Bajaj Consumer Care Ltd | COMPLIANT | 0.24% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SKYGOLD.BO SKY Gold and Diamonds Ltd | COMPLIANT | 0.22% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TARIL.BO Transformers & Rectifiers India Ltd | COMPLIANT | 0.21% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| YATHARTH.BO Yatharth Hospital & Trauma Care Services Ltd | COMPLIANT | 0.19% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IGIL.NS International Gemological Institute Ltd | COMPLIANT | 0.19% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SHAKTIPUMP.BO Shakti Pumps India Ltd | COMPLIANT | 0.18% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| V2RETAIL.NS V2 Retail Ltd | COMPLIANT | 0.18% | AAOIFI12.7% Usmani71.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic41.1% MSCI Islamic M-Seriespass FTSE Shariah41.1% |
| BANCOINDIA.NS Banco Products India Ltd | COMPLIANT | 0.17% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TIPSMUSIC.NS Tips Music Ltd | COMPLIANT | 0.16% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BLS.NS BLS International Services Ltd | COMPLIANT | 0.15% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SENORES.NS Senores Pharmaceuticals Ltd | COMPLIANT | 0.15% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| QPOWER.NS Quality Power Electrical Equipments Ltd | COMPLIANT | 0.13% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| POCL.BO Pondy Oxides & Chemicals Ltd | COMPLIANT | 0.13% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| WEBELSOLAR.BO Websol Energy System Ltd | COMPLIANT | 0.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SHARDACROP.NS Sharda Cropchem Ltd | COMPLIANT | 0.12% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| KRN.NS KRN Heat Exchanger And Refrigeration Ltd | COMPLIANT | 0.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BALUFORGE.BO Balu Forge Industries Ltd | COMPLIANT | 0.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KMEW.BO Knowledge Marine & Engineering Works Ltd | COMPLIANT | 0.10% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TRANSRAILL.NS Transrail Lighting Ltd | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| PICCADIL.BO Piccadily Agro Industries Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INTERARCH.NS Interarch Building Solutions Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ZAGGLE.NS Zaggle Prepaid Ocean Services Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GULSHAN CHEMFILL LTD | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 38 points of portfolio weight — 60.9% of it passes AAOIFI, 23.4% 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 60.9% ratios fail on 35.4% 4.3% not rated under AAOIFI
ratios pass on 41.2% ratios fail on 55.2% 4.3% not rated under Usmani
ratios pass on 60.5% ratios fail on 35.5% 4.6% not rated under Dow Jones Islamic
ratios pass on 59.7% ratios fail on 36.4% 4.6% not rated under S&P Shariah
ratios pass on 23.4% ratios fail on 72.9% 4.3% not rated under MSCI Islamic
ratios pass on 59.5% ratios fail on 36.5% 4.6% not rated under MSCI Islamic M-Series
ratios pass on 46.0% ratios fail on 50.4% 4.3% not rated under FTSE Shariah
79 of 81 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (13% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BSE.NS BSE Ltd | 6.30% |
| HAL.NS Hindustan Aeronautics Ltd | 4.43% |
| BEL.NS Bharat Electronics Ltd | 4.14% |
| MCX.NS Multi Commodity Exchange of India Ltd | 3.25% |
| IDBI.NS IDBI Bank Ltd | 2.98% |
| BANKBARODA.NS Bank of Baroda | 2.96% |
| CANBK.NS Canara Bank | 2.38% |
| UNIONBANK.NS Union Bank of India Ltd | 1.92% |
| MUTHOOTFIN.NS Muthoot Finance Ltd | 1.85% |
| INDIANB.NS Indian Bank | 1.64% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
VanEck India Growth Leaders ETF (GLIN) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for GLIN — 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
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 56.30 | NEUTRAL |
| Stochastic %K (14) | 78.91 | NEUTRAL |
| CCI (20) | 86.63 | NEUTRAL |
| Williams %R (14) | -21.09 | NEUTRAL |
| MACD (12,26,9) | 0.10 | BUY |
| ROC (10) | -0.40 | SELL |
| Momentum (10) | -0.18 | SELL |
| EMA (10) | 44.19 | BUY |
| SMA (10) | 44.26 | BUY |
| EMA (20) | 44.07 | BUY |
| SMA (20) | 43.82 | BUY |
| EMA (30) | 44.12 | BUY |
| SMA (30) | 43.77 | BUY |
| EMA (50) | 44.31 | BUY |
| SMA (50) | 44.43 | BUY |
| EMA (100) | 44.64 | BUY |
| SMA (100) | 45.02 | SELL |
| EMA (200) | 44.83 | SELL |
| SMA (200) | 44.80 | SELL |
About VanEck India Growth Leaders ETF
The fund invests substantially all of its assets in the Subsidiary, a wholly-owned subsidiary located in the Republic of Mauritius. The index is comprised of equity securities which are generally considered by the index provider to exhibit favorable fundamental characteristics according to the index provider’s proprietary scoring methodology.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 42 |
| 🕐 1H | NEUTRAL | 15 |
| ⏱ 15-Min | BULLISH | 62 |
| ⏲ 5-Min | BULLISH | 188 |
Momentum & Volume
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.
Peer Movement
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.
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.
Insider Activity (90d)
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
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
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 2026-10-27 · Asset managers net 923449 (+22072)
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.