Verdicts genuinely change. Free email alert the moment GSIWX'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.
Goldman Sachs International Equity ESG Fund · Goldman Sachs Trust
42 holdings
NON-COMPLIANT 52.34% of portfolio weight is in non-compliant holdings, over the 5% threshold.
42 holdings, 39 matched (96% of weight). Portfolio as of 2026-07-31, filed 2026-09-24. Source: SEC Form N-PORT.
2.72% of this portfolio’s income is non-permissible — weighted across holdings, computed over 71% of portfolio weight (30 of 42 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.
42.7% compliant 0.0% questionable 52.3% non-compliant 4.4% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ASML ASML HOLDING NV | COMPLIANT | 3.93% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| ZURN.SW ZURICH INSURANCE GROUP AG | NON_COMPLIANT | 3.86% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NG.L NATIONAL GRID PLC | NON_COMPLIANT | 3.83% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8316.T SUMITOMO MITSUI FINANCIAL GROUP INC | NON_COMPLIANT | 3.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SU.PA SCHNEIDER ELECTRIC SE | COMPLIANT | 3.62% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BBVA.MC BANCO BILBAO VIZCAYA ARGENTARIA SA | NON_COMPLIANT | 3.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ING ING GROEP NV | NON_COMPLIANT | 3.36% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AZN ASTRAZENECA PLC | COMPLIANT | 3.31% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| IBE.MC IBERDROLA SA | NON_COMPLIANT | 3.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1299.HK AIA GROUP LTD | NON_COMPLIANT | 3.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8001.T ITOCHU CORP | NON_COMPLIANT | 3.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| OR.PA L'OREAL SA | COMPLIANT | 3.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NWG.L NATWEST GROUP PLC | NON_COMPLIANT | 2.91% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SIEMENS.NS SIEMENS AG | COMPLIANT | 2.82% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CPG.L COMPASS GROUP PLC | COMPLIANT | 2.73% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AD.AS KONINKLIJKE AHOLD DELHAIZE NV | NON_COMPLIANT | 2.63% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IHG INTERCONTINENTAL HOTELS GROUP PLC | NON_COMPLIANT | 2.54% | AAOIFI18.2% Usmani78.6% Dow Jones Islamic19.5% S&P Shariah21.3% MSCI Islamic78.6% MSCI Islamic M-Series21.3% FTSE Shariah78.6% |
| 6861.T KEYENCE CORP | COMPLIANT | 2.50% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| IFX.DE INFINEON TECHNOLOGIES AG | COMPLIANT | 2.42% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LONN.SW LONZA GROUP AG | COMPLIANT | 2.42% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HOYA CORP | UNSCREENED | 2.38% | no in-house ratios for this holding |
| NVS NOVARTIS AG | COMPLIANT | 2.14% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| FERG FERGUSON ENTERPRISES INC | UNRATED | 2.09% | AAOIFI15.7% Usmani35.7% Dow Jones Islamic16.4% S&P Shariah17.1% MSCI Islamic35.7% MSCI Islamic M-Series17.1% FTSE Shariah25.4% |
| 8591.T ORIX CORP | NON_COMPLIANT | 2.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AI.PA L'AIR LIQUIDE SA | COMPLIANT | 2.03% | AAOIFI12.7% Usmani28.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic26.2% MSCI Islamic M-Series— FTSE Shariah26.2% |
| SPOT SPOTIFY TECHNOLOGY SA | NON_COMPLIANT | 1.98% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| BNP.PA BNP PARIBAS SA | NON_COMPLIANT | 1.91% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KPN.AS KONINKLIJKE KPN NV | NON_COMPLIANT | 1.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SUNB SUNBELT RENTALS HOLDINGS INC | NON_COMPLIANT | 1.87% | AAOIFI38.5% Usmani49.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.4% MSCI Islamic M-Seriesfail FTSE Shariah36.2% |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 1.87% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| D05.SI DBS GROUP HOLDINGS LTD | NON_COMPLIANT | 1.86% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| GALDY GALDERMA GROUP AG | COMPLIANT | 1.63% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| LSEG.L LONDON STOCK EXCHANGE GROUP PLC | NON_COMPLIANT | 1.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RTO.L RENTOKIL INITIAL PLC | NON_COMPLIANT | 1.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DG.PA VINCI SA | NON_COMPLIANT | 1.53% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| HERMES INTERNATIONAL SA | UNSCREENED | 1.41% | no in-house ratios for this holding |
| ENR.DE SIEMENS ENERGY AG | COMPLIANT | 1.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| III.L 3I GROUP PLC | COMPLIANT | 1.37% | AAOIFI4.4% Usmani3.9% Dow Jones Islamic— S&P Shariah— MSCI Islamic3.9% MSCI Islamic M-Series— FTSE Shariah3.9% |
| 4307.T NOMURA RESEARCH INSTITUTE LTD | COMPLIANT | 1.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6758.T SONY GROUP CORP | COMPLIANT | 1.17% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6981.T MURATA MANUFACTURING COMPANY LTD | COMPLIANT | 0.94% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GOLDMAN SACHS TRUST | UNSCREENED | 0.64% | no in-house ratios for this holding |
The published standards disagree about this fund by 12 points of portfolio weight — 40.2% of it passes AAOIFI, 28.5% 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 40.2% ratios fail on 47.8% 11.5% not rated under AAOIFI
ratios pass on 30.0% ratios fail on 60.1% 9.4% not rated under Usmani
ratios pass on 34.6% ratios fail on 47.8% 17.0% not rated under Dow Jones Islamic
ratios pass on 34.6% ratios fail on 47.8% 17.0% not rated under S&P Shariah
ratios pass on 28.5% ratios fail on 58.1% 12.9% not rated under MSCI Islamic
ratios pass on 34.6% ratios fail on 47.8% 17.0% not rated under MSCI Islamic M-Series
ratios pass on 29.8% ratios fail on 54.7% 15.0% not rated under FTSE Shariah
39 of 42 listed holdings carry our own per-methodology verdicts (95% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (25% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ZURN.SW ZURICH INSURANCE GROUP AG | 3.86% |
| NG.L NATIONAL GRID PLC | 3.83% |
| 8316.T SUMITOMO MITSUI FINANCIAL GROUP INC | 3.67% |
| BBVA.MC BANCO BILBAO VIZCAYA ARGENTARIA SA | 3.50% |
| ING ING GROEP NV | 3.36% |
| IBE.MC IBERDROLA SA | 3.27% |
| 1299.HK AIA GROUP LTD | 3.27% |
| 8001.T ITOCHU CORP | 3.26% |
| NWG.L NATWEST GROUP PLC | 2.91% |
| AD.AS KONINKLIJKE AHOLD DELHAIZE NV | 2.63% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Goldman Sachs International Equity ESG Fund (GSIWX) 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 |
|---|---|---|
| ASMLASML HOLDING NV | 3.93% | Compliant |
| ZURN.SWZURICH INSURANCE GROUP AG | 3.86% | Non-compliant |
| NG.LNATIONAL GRID PLC | 3.83% | Non-compliant |
| 8316.TSUMITOMO MITSUI FINANCIAL GROUP INC | 3.67% | Non-compliant |
| SU.PASCHNEIDER ELECTRIC SE | 3.62% | Compliant |
| BBVA.MCBANCO BILBAO VIZCAYA ARGENTARIA SA | 3.50% | Non-compliant |
| INGING GROEP NV | 3.36% | Non-compliant |
| AZNASTRAZENECA PLC | 3.31% | Compliant |
| IBE.MCIBERDROLA SA | 3.27% | Non-compliant |
| 1299.HKAIA GROUP LTD | 3.27% | Non-compliant |
Top 10 of 42 holdings, 35.6% 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 GSIWX. 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 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.
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) | 39.80 | NEUTRAL |
| Stochastic %K (14) | 5.81 | BUY |
| CCI (20) | -115.22 | BUY |
| Williams %R (14) | -94.19 | BUY |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -2.34 | SELL |
| Momentum (10) | -0.81 | SELL |
| EMA (10) | 34.09 | SELL |
| SMA (10) | 34.09 | SELL |
| EMA (20) | 34.30 | SELL |
| SMA (20) | 34.34 | SELL |
| EMA (30) | 34.46 | SELL |
| SMA (30) | 34.53 | SELL |
| EMA (50) | 34.62 | SELL |
| SMA (50) | 34.90 | SELL |
| EMA (100) | 34.58 | SELL |
| SMA (100) | 34.92 | SELL |
| EMA (200) | 33.97 | SELL |
| SMA (200) | 34.16 | 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.