Verdicts genuinely change. Free email alert the moment GRHAX'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.
Goehring & Rozencwajg Resources Fund · GOEHRING & ROZENCWAJG INVESTMENT FUNDS
85 holdings
NON-COMPLIANT 23.72% of portfolio weight is in non-compliant holdings, over the 5% threshold.
0.11% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
85 holdings, 50 matched (80% of weight). Portfolio as of 2026-08-31, filed 2026-10-05. Source: SEC Form N-PORT.
1.20% of this portfolio’s income is non-permissible — weighted across holdings, computed over 71% of portfolio weight (43 of 85 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.
56.4% compliant 0.0% questionable 23.7% non-compliant 19.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMR Alpha Metallurgical Resources Inc | COMPLIANT | 5.95% | AAOIFI0.2% Usmani0.3% Dow Jones Islamic0.3% S&P Shariah0.2% MSCI Islamic0.3% MSCI Islamic M-Series0.2% FTSE Shariah0.3% |
| CNQ Canadian Natural Resources Ltd | COMPLIANT | 5.92% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Slb Ltd | UNSCREENED | 5.30% | no in-house ratios for this holding |
| SU Suncor Energy Inc | COMPLIANT | 5.07% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| CNR Core Natural Resources Inc | COMPLIANT | 4.72% | AAOIFI9.1% Usmani7.3% Dow Jones Islamic11.1% S&P Shariah12.3% MSCI Islamic7.3% MSCI Islamic M-Series12.3% FTSE Shariah7.3% |
| NTR Nutrien Ltd | NON_COMPLIANT | 4.56% | AAOIFI18.8% Usmani18.9% Dow Jones Islamic29.7% S&P Shariah31.2% MSCI Islamic18.9% MSCI Islamic M-Series31.2% FTSE Shariah18.9% |
| SDRL Seadrill Ltd | NON_COMPLIANT | 4.56% | AAOIFI24.4% Usmani18.4% Dow Jones Islamic32.4% S&P Shariah29.2% MSCI Islamic18.4% MSCI Islamic M-Series29.2% FTSE Shariah17.9% |
| VAL Valaris Ltd | COMPLIANT | 4.34% | AAOIFI18.9% Usmani21.4% Dow Jones Islamic27.9% S&P Shariah26.0% MSCI Islamic21.4% MSCI Islamic M-Series26.0% FTSE Shariah20.0% |
| HCC Warrior Met Coal Inc | COMPLIANT | 4.12% | AAOIFI2.8% Usmani8.1% Dow Jones Islamic4.2% S&P Shariah4.5% MSCI Islamic5.3% MSCI Islamic M-Series4.5% FTSE Shariah5.3% |
| RRC Range Resources Corp | COMPLIANT | 4.07% | AAOIFI10.4% Usmani13.4% Dow Jones Islamic11.6% S&P Shariah12.0% MSCI Islamic13.4% MSCI Islamic M-Series12.0% FTSE Shariah11.5% |
| NE Noble Corp Plc | NON_COMPLIANT | 3.22% | AAOIFI25.8% Usmani26.4% Dow Jones Islamic36.9% S&P Shariah35.9% MSCI Islamic26.1% MSCI Islamic M-Series35.9% FTSE Shariah26.1% |
| CCJ Cameco Corp | COMPLIANT | 3.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| EQT Eqt Corp | COMPLIANT | 2.26% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| AR Antero Resources Corp | NON_COMPLIANT | 2.24% | AAOIFI37.8% Usmani30.3% Dow Jones Islamic42.6% S&P Shariah46.0% MSCI Islamic30.3% MSCI Islamic M-Series46.0% FTSE Shariah17.2% |
| VAL.JO Valterra Platinum Ltd | COMPLIANT | 2.04% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SBSW Sibanye Stillwater Ltd | NON_COMPLIANT | 1.96% | AAOIFI23.4% Usmani30.2% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic30.2% MSCI Islamic M-Series10.7% FTSE Shariah30.2% |
| IMP.JO Impala Platinum Holdings Ltd | COMPLIANT | 1.90% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Birchcliff Energy Ltd | UNSCREENED | 1.89% | no in-house ratios for this holding |
| VAL.JO Valterra Platinum Ltd | COMPLIANT | 1.80% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CHRD Chord Energy Corp | COMPLIANT | 1.71% | AAOIFI18.8% Usmani11.0% Dow Jones Islamic23.8% S&P Shariah23.8% MSCI Islamic11.0% MSCI Islamic M-Series23.8% FTSE Shariah10.8% |
| PR Permian Resources Corp | COMPLIANT | 1.55% | AAOIFI16.0% Usmani17.0% Dow Jones Islamic25.3% S&P Shariah28.1% MSCI Islamic16.9% MSCI Islamic M-Series28.1% FTSE Shariah16.2% |
| SUBC.OL Subsea 7 Sa | COMPLIANT | 1.55% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Sprott Physical Uranium Trust | UNSCREENED | 1.49% | no in-house ratios for this holding |
| OII Oceaneering International Inc | NON_COMPLIANT | 1.40% | AAOIFI16.3% Usmani30.6% Dow Jones Islamic28.6% S&P Shariah30.5% MSCI Islamic30.6% MSCI Islamic M-Series30.5% FTSE Shariah18.2% |
| LEU Centrus Energy Corp | NON_COMPLIANT | 1.34% | AAOIFI33.9% Usmani46.5% Dow Jones Islamic50.7% S&P Shariah66.8% MSCI Islamic46.5% MSCI Islamic M-Series66.8% FTSE Shariah46.5% |
| Guardian Metal Resources Plc | UNSCREENED | 1.13% | no in-house ratios for this holding |
| Uranium Energy Corp | UNSCREENED | 1.04% | no in-house ratios for this holding |
| Montage Gold Corp | UNSCREENED | 1.00% | no in-house ratios for this holding |
| MTDR Matador Resources Co | NON_COMPLIANT | 0.95% | AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2% |
| Ivanhoe Electric Inc / Us | UNSCREENED | 0.92% | no in-house ratios for this holding |
| Energy Fuels Inc/canada | UNSCREENED | 0.85% | no in-house ratios for this holding |
| MOS Mosaic Co/the | NON_COMPLIANT | 0.83% | AAOIFI60.0% Usmani20.5% Dow Jones Islamic59.7% S&P Shariah57.0% MSCI Islamic20.5% MSCI Islamic M-Series57.0% FTSE Shariah19.6% |
| Amerigo Resources Ltd | UNSCREENED | 0.82% | no in-house ratios for this holding |
| FANG Diamondback Energy Inc | COMPLIANT | 0.82% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| EXE Expand Energy Corp | COMPLIANT | 0.80% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| PDN.AX Paladin Energy Ltd | COMPLIANT | 0.79% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BTU Peabody Energy Corp | COMPLIANT | 0.78% | AAOIFI11.8% Usmani7.8% Dow Jones Islamic15.1% S&P Shariah14.8% MSCI Islamic7.8% MSCI Islamic M-Series14.8% FTSE Shariah6.2% |
| Nexgen Energy Ltd | UNSCREENED | 0.73% | no in-house ratios for this holding |
| KAP.L Nac Kazatomprom Jsc | COMPLIANT | 0.69% | AAOIFI6.5% Usmani5.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic5.5% MSCI Islamic M-Series— FTSE Shariah5.5% |
| LUN.TO Lundin Mining Corp | COMPLIANT | 0.69% | AAOIFI1.9% Usmani6.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.2% MSCI Islamic M-Seriespass FTSE Shariah4.2% |
| SM Sm Energy Co | NON_COMPLIANT | 0.65% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Denison Mines Corp | UNSCREENED | 0.62% | no in-house ratios for this holding |
| Bannerman Energy Ltd | UNSCREENED | 0.55% | no in-house ratios for this holding |
| ARTG.V Artemis Gold Inc | COMPLIANT | 0.51% | AAOIFI6.3% Usmani29.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.0% MSCI Islamic M-Seriespass FTSE Shariah24.0% |
| IVN.TO Ivanhoe Mines Ltd | NON_COMPLIANT | 0.50% | AAOIFI10.4% Usmani16.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic16.6% MSCI Islamic M-Seriesfail FTSE Shariah16.6% |
| Deep Yellow Ltd | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Comstock Resources Inc | UNSCREENED | 0.45% | no in-house ratios for this holding |
| ORE.TO Orezone Gold Corp | COMPLIANT | 0.40% | AAOIFI8.9% Usmani17.9% Dow Jones Islamic— S&P Shariah— MSCI Islamic17.9% MSCI Islamic M-Series— FTSE Shariah17.9% |
| IPI Intrepid Potash Inc | NON_COMPLIANT | 0.39% | AAOIFI0.2% Usmani0.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.2% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| Borr Drilling Ltd | UNSCREENED | 0.36% | no in-house ratios for this holding |
| Power Metallic Mines Inc | UNSCREENED | 0.35% | no in-house ratios for this holding |
| GGD.TO Gogold Resources Inc | NON_COMPLIANT | 0.29% | AAOIFI0.1% Usmani0.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.2% MSCI Islamic M-Seriesfail FTSE Shariah0.2% |
| KNT.TO K92 Mining Inc | COMPLIANT | 0.26% | AAOIFI1.1% Usmani6.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic5.7% MSCI Islamic M-Seriespass FTSE Shariah5.7% |
| Novagold Resources Inc | UNSCREENED | 0.24% | no in-house ratios for this holding |
| TMQ Trilogy Metals Inc | COMPLIANT | 0.23% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| URE.TO Ur-energy Inc | NON_COMPLIANT | 0.23% | AAOIFI11.2% Usmani25.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.0% MSCI Islamic M-Seriesfail FTSE Shariah25.0% |
| Mining Americas Inc | UNSCREENED | 0.23% | no in-house ratios for this holding |
| Erdene Resource Development Corp | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Bellevue Gold Ltd | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Hercules Metals Corp | UNSCREENED | 0.19% | no in-house ratios for this holding |
| BOE.AX Boss Energy Ltd | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CMCL Caledonia Mining Corp Plc | NON_COMPLIANT | 0.17% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| South Pacific Metals Corp | UNSCREENED | 0.14% | no in-house ratios for this holding |
| MAKO Mako Mining Corp | COMPLIANT | 0.13% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Omai Gold Mines Corp | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Founders Metals Inc | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Bny Dreyfus Treasury Securities Cash Management | NON_COMPLIANT | 0.11% | no in-house ratios for this holding |
| Los Andes Copper Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| EQX Equinox Gold Corp | COMPLIANT | 0.08% | AAOIFI10.5% Usmani14.8% Dow Jones Islamic27.3% S&P Shariah35.9% MSCI Islamic14.8% MSCI Islamic M-Series35.9% FTSE Shariah14.8% |
| TFPM Triple Flag Precious Metals Corp | COMPLIANT | 0.08% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| EU.V Encore Energy Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ASE.V Asante Gold Corp | NON_COMPLIANT | 0.06% | AAOIFI46.7% Usmani28.2% Dow Jones Islamicpass S&P Shariahfail MSCI Islamic28.2% MSCI Islamic M-Seriespass FTSE Shariah28.2% |
| TDW Tidewater Inc | COMPLIANT | 0.03% | AAOIFI13.9% Usmani27.6% Dow Jones Islamic21.4% S&P Shariah18.9% MSCI Islamic27.6% MSCI Islamic M-Series18.9% FTSE Shariah27.6% |
| Locksley Resources Ltd | UNSCREENED | 0.02% | no in-house ratios for this holding |
| Brixton Metals Corp | UNSCREENED | 0.02% | no in-house ratios for this holding |
| GCU.TO Gunnison Copper Corp | NON_COMPLIANT | 0.02% | AAOIFI6.3% Usmani3.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic3.4% MSCI Islamic M-Seriesfail FTSE Shariah3.4% |
| Greenheart Gold Inc | UNSCREENED | 0.01% | no in-house ratios for this holding |
| TMQ Trilogy Metals Inc | COMPLIANT | 0.01% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Chilean Metals Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Mountain Province Diamonds Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| United Co Rusal International Pjsc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Gmk Norilskiy Nickel Pao | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Gmk Norilskiy Nickel Pao | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 10 points of portfolio weight — 60.0% of it passes Usmani, 50.4% passes MSCI Islamic M-Series. 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 55.5% ratios fail on 7.1% 37.2% not rated under AAOIFI
ratios pass on 60.0% ratios fail on 2.6% 37.2% not rated under Usmani
ratios pass on 51.3% ratios fail on 10.2% 38.3% not rated under Dow Jones Islamic
ratios pass on 51.1% ratios fail on 10.3% 38.3% not rated under S&P Shariah
ratios pass on 58.2% ratios fail on 4.0% 37.6% not rated under MSCI Islamic
ratios pass on 50.4% ratios fail on 11.0% 38.3% not rated under MSCI Islamic M-Series
ratios pass on 59.6% ratios fail on 2.6% 37.6% not rated under FTSE Shariah
47 of 85 listed holdings carry our own per-methodology verdicts (80% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 37 (62% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| NTR Nutrien Ltd | 4.56% |
| SDRL Seadrill Ltd | 4.56% |
| NE Noble Corp Plc | 3.22% |
| AR Antero Resources Corp | 2.24% |
| SBSW Sibanye Stillwater Ltd | 1.96% |
| OII Oceaneering International Inc | 1.40% |
| LEU Centrus Energy Corp | 1.34% |
| MTDR Matador Resources Co | 0.95% |
| MOS Mosaic Co/the | 0.83% |
| SM Sm Energy Co | 0.65% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Goehring & Rozencwajg Resources Fund (GRHAX) 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 |
|---|---|---|
| AMRAlpha Metallurgical Resources Inc | 5.95% | Compliant |
| CNQCanadian Natural Resources Ltd | 5.92% | Compliant |
| Slb Ltdnot matched to a ticker | 5.30% | Not screened |
| SUSuncor Energy Inc | 5.07% | Compliant |
| CNRCore Natural Resources Inc | 4.72% | Compliant |
| NTRNutrien Ltd | 4.56% | Non-compliant |
| SDRLSeadrill Ltd | 4.56% | Non-compliant |
| VALValaris Ltd | 4.34% | Compliant |
| HCCWarrior Met Coal Inc | 4.12% | Compliant |
| RRCRange Resources Corp | 4.07% | Compliant |
Top 10 of 85 holdings, 48.6% 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 GRHAX. 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 3 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) | 42.70 | NEUTRAL |
| Stochastic %K (14) | 36.43 | NEUTRAL |
| CCI (20) | -37.88 | NEUTRAL |
| Williams %R (14) | -63.57 | NEUTRAL |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | -0.83 | SELL |
| Momentum (10) | -0.18 | SELL |
| EMA (10) | 21.36 | BUY |
| SMA (10) | 21.18 | BUY |
| EMA (20) | 21.67 | SELL |
| SMA (20) | 21.66 | SELL |
| EMA (30) | 21.84 | SELL |
| SMA (30) | 22.32 | SELL |
| EMA (50) | 21.92 | SELL |
| SMA (50) | 22.28 | SELL |
| EMA (100) | 21.85 | SELL |
| SMA (100) | 21.64 | SELL |
| EMA (200) | 21.55 | SELL |
| SMA (200) | 22.15 | 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.