GLRYETF / FundInspire Growth ETF
Verdicts genuinely change. Free email alert the moment GLRY'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.
Inspire Growth ETF ETF · Northern Lights Fund Trust IV
34 holdings · as of 2026-05-31 (4.8 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 37.70% of portfolio weight is in non-compliant holdings, over the 5% threshold.
34 holdings, 31 matched (93% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
1.56% of this portfolio’s income is non-permissible — weighted across holdings, computed over 90% of portfolio weight (30 of 34 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.
55.6% compliant 0.0% questionable 37.7% non-compliant 6.7% unscreened
All holdings (34)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| KLAC KLA CORP | COMPLIANT | 5.94% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| MPWR MONOLITHIC POWER SYSTEMS INC | COMPLIANT | 5.59% | AAOIFI0.0% Usmani0.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.4% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AVGO BROADCOM INC | COMPLIANT | 5.56% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| CW CURTISS-WRIGHT CORP | NON_COMPLIANT | 4.98% | AAOIFI5.7% Usmani21.1% Dow Jones Islamic5.9% S&P Shariah7.1% MSCI Islamic21.1% MSCI Islamic M-Series7.1% FTSE Shariah17.5% |
| APP APPLOVIN CORP | COMPLIANT | 4.73% | AAOIFI3.9% Usmani42.5% Dow Jones Islamic2.5% S&P Shariah3.4% MSCI Islamic42.5% MSCI Islamic M-Series3.4% FTSE Shariah42.5% |
| EME EMCOR GROUP INC | COMPLIANT | 4.71% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| APH AMPHENOL CORP | NON_COMPLIANT | 4.65% | AAOIFI9.5% Usmani42.0% Dow Jones Islamic13.3% S&P Shariah16.1% MSCI Islamic42.0% MSCI Islamic M-Series16.1% FTSE Shariah42.0% |
| BWX TECHNOLOGIES INC | UNSCREENED | 4.14% | no in-house ratios for this holding |
| UTHR UNITED THERAPEUTICS CORP | NON_COMPLIANT | 3.82% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CASY CASEY'S GENERAL STORES INC | NON_COMPLIANT | 3.78% | AAOIFI13.4% Usmani31.8% Dow Jones Islamic13.9% S&P Shariah16.3% MSCI Islamic31.8% MSCI Islamic M-Series16.3% FTSE Shariah26.6% |
| ACMR ACM RESEARCH INC | COMPLIANT | 3.35% | AAOIFI4.2% Usmani7.1% Dow Jones Islamic13.6% S&P Shariah16.3% MSCI Islamic7.1% MSCI Islamic M-Series16.3% FTSE Shariah6.9% |
| FLS FLOWSERVE CORP | COMPLIANT | 3.24% | AAOIFI23.8% Usmani36.7% Dow Jones Islamic28.9% S&P Shariah32.3% MSCI Islamic36.7% MSCI Islamic M-Series32.3% FTSE Shariah33.8% |
| FIX COMFORT SYSTEMS USA INC | COMPLIANT | 3.18% | AAOIFI0.6% Usmani4.4% Dow Jones Islamic1.2% S&P Shariah1.5% MSCI Islamic4.4% MSCI Islamic M-Series1.5% FTSE Shariah0.6% |
| NRG NRG ENERGY INC | NON_COMPLIANT | 2.95% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| OHI OMEGA HEALTHCARE INVESTORS INC | NON_COMPLIANT | 2.60% | AAOIFI30.5% Usmani42.9% Dow Jones Islamic37.6% S&P Shariah43.5% MSCI Islamic42.9% MSCI Islamic M-Series43.5% FTSE Shariah42.9% |
| BRC BRADY CORP | COMPLIANT | 2.54% | AAOIFI2.0% Usmani4.5% Dow Jones Islamic2.3% S&P Shariah2.5% MSCI Islamic4.5% MSCI Islamic M-Series2.5% FTSE Shariah0.8% |
| AUTONATION INC | UNSCREENED | 2.52% | no in-house ratios for this holding |
| IDCC INTERDIGITAL INC | COMPLIANT | 2.51% | AAOIFI4.6% Usmani18.3% Dow Jones Islamic6.0% S&P Shariah7.5% MSCI Islamic18.3% MSCI Islamic M-Series7.5% FTSE Shariah17.8% |
| TPL TEXAS PACIFIC LAND CORP | COMPLIANT | 2.50% | AAOIFI0.1% Usmani0.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| SEIC SEI INVESTMENTS COMPANY | NON_COMPLIANT | 2.37% | AAOIFI0.2% Usmani1.1% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| MUSA MURPHY USA INC | COMPLIANT | 2.34% | AAOIFI29.4% Usmani56.5% Dow Jones Islamic30.8% S&P Shariah31.4% MSCI Islamic54.3% MSCI Islamic M-Series31.4% FTSE Shariah43.0% |
| EHC ENCOMPASS HEALTH CORP | COMPLIANT | 2.21% | AAOIFI23.9% Usmani38.1% Dow Jones Islamic26.5% S&P Shariah29.4% MSCI Islamic38.1% MSCI Islamic M-Series29.4% FTSE Shariah35.3% |
| RGA REINSURANCE GROUP OF AMERICA INC | NON_COMPLIANT | 2.13% | AAOIFI34.5% Usmani3.4% Dow Jones Islamic42.7% S&P Shariah45.0% MSCI Islamic3.4% MSCI Islamic M-Series45.0% FTSE Shariah3.4% |
| EXEL EXELIXIS INC | COMPLIANT | 2.06% | AAOIFI1.2% Usmani6.7% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic6.7% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| ORI OLD REPUBLIC INTERNATIONAL CORP | NON_COMPLIANT | 2.01% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MGR AFFILIATED MANAGERS GROUP INC | NON_COMPLIANT | 1.99% | AAOIFI33.2% Usmani31.9% Dow Jones Islamic526.5% S&P Shariah509.8% MSCI Islamic31.9% MSCI Islamic M-Series509.8% FTSE Shariah31.9% |
| MLI MUELLER INDUSTRIES INC | COMPLIANT | 1.80% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.1% |
| NEM NEWMONT CORP | COMPLIANT | 1.79% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| GPI GROUP 1 AUTOMOTIVE INC | NON_COMPLIANT | 1.77% | AAOIFI107.4% Usmani35.1% Dow Jones Islamic73.5% S&P Shariah78.9% MSCI Islamic35.1% MSCI Islamic M-Series78.9% FTSE Shariah32.8% |
| FHI FEDERATED HERMES INC | NON_COMPLIANT | 1.72% | AAOIFI10.7% Usmani19.4% Dow Jones Islamic12.4% S&P Shariah14.0% MSCI Islamic19.4% MSCI Islamic M-Series14.0% FTSE Shariah15.0% |
| TKO TKO GROUP HOLDINGS INC | NON_COMPLIANT | 1.56% | AAOIFI12.7% Usmani30.5% Dow Jones Islamic14.3% S&P Shariah17.0% MSCI Islamic28.8% MSCI Islamic M-Series17.0% FTSE Shariah28.5% |
| DDS DILLARD'S INC | COMPLIANT | 1.54% | AAOIFI0.3% Usmani0.8% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic0.8% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| ANDE ANDERSONS INC (THE) | NON_COMPLIANT | 1.36% | AAOIFI25.5% Usmani16.9% Dow Jones Islamic33.3% S&P Shariah33.7% MSCI Islamic16.9% MSCI Islamic M-Series33.7% FTSE Shariah16.9% |
| BBH SWEEP VEHICLE | UNSCREENED | 0.07% | no in-house ratios for this holding |
The published standards disagree about this fund by 38 points of portfolio weight — 71.0% of it passes AAOIFI, 32.5% 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 71.0% ratios fail on 17.3% 11.8% not rated under AAOIFI
ratios pass on 41.8% ratios fail on 44.8% 13.4% not rated under Usmani
ratios pass on 66.3% ratios fail on 22.0% 11.8% not rated under Dow Jones Islamic
ratios pass on 66.3% ratios fail on 22.0% 11.8% not rated under S&P Shariah
ratios pass on 32.5% ratios fail on 60.8% 6.7% not rated under MSCI Islamic
ratios pass on 66.3% ratios fail on 22.0% 11.8% not rated under MSCI Islamic M-Series
ratios pass on 49.2% ratios fail on 44.1% 6.7% not rated under FTSE Shariah
31 of 34 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 30 (89% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| CW CURTISS-WRIGHT CORP | 4.98% |
| APH AMPHENOL CORP | 4.65% |
| UTHR UNITED THERAPEUTICS CORP | 3.82% |
| CASY CASEY'S GENERAL STORES INC | 3.78% |
| NRG NRG ENERGY INC | 2.95% |
| OHI OMEGA HEALTHCARE INVESTORS INC | 2.60% |
| SEIC SEI INVESTMENTS COMPANY | 2.37% |
| RGA REINSURANCE GROUP OF AMERICA INC | 2.13% |
| ORI OLD REPUBLIC INTERNATIONAL CORP | 2.01% |
| MGR AFFILIATED MANAGERS GROUP INC | 1.99% |
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.
Inspire Growth ETF (GLRY) 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 GLRY — 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) | 28.40 | BUY |
| Stochastic %K (14) | 6.63 | BUY |
| CCI (20) | -173.49 | BUY |
| Williams %R (14) | -93.37 | BUY |
| MACD (12,26,9) | -0.15 | SELL |
| ROC (10) | -6.60 | SELL |
| Momentum (10) | -2.54 | SELL |
| EMA (10) | 36.94 | SELL |
| SMA (10) | 37.03 | SELL |
| EMA (20) | 37.43 | SELL |
| SMA (20) | 37.68 | SELL |
| EMA (30) | 37.80 | SELL |
| SMA (30) | 37.72 | SELL |
| EMA (50) | 38.40 | SELL |
| SMA (50) | 38.46 | SELL |
| EMA (100) | 39.13 | SELL |
| SMA (100) | 40.08 | SELL |
| EMA (200) | 38.79 | SELL |
| SMA (200) | 39.64 | SELL |
About Inspire Growth ETF
The fund, an actively managed exchange traded fund (ETF), invests at least 80% of its net assets plus any borrowings for investment purposes in midcap stocks. The Adviser defines midcap companies to be those that are the second largest 10% of the U.S.equity market.
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 | BEARISH | 42 |
| 🕐 1H | BEARISH | 45 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | BEARISH | 234 |
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 2026-10-20 · Asset managers net 901377 (-14458)
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.