GWXETF / FundState Street(R) SPDR(R) S&P(R) International Small Cap ETF
Verdicts genuinely change. Free email alert the moment GWX'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.
State Street(R) SPDR(R) S&P(R) International Small Cap ETF · SPDR INDEX SHARES FUNDS
2,091 holdings
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 107% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 41.66% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 32% turns out to be. Matching more holdings can only raise this share, never lower it.
2,091 holdings, 1,408 matched (70% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
3.79% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (1326 of 2091 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (2,091) · showing 251–500
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MONT.BR Montea NV | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Doutor Nichires Holdings Co Ltd | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Woori Technology Inc | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Tokyo Kiraboshi Financial Group Inc | UNSCREENED | 0.10% | no in-house ratios for this holding |
| SIVE.ST Sivers Semiconductors AB | COMPLIANT | 0.10% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NTT UD REIT Investment Corp | UNSCREENED | 0.10% | no in-house ratios for this holding |
| 7296.T FCC Co Ltd | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| J D Wetherspoon PLC | UNSCREENED | 0.10% | no in-house ratios for this holding |
| SSPG.L SSP Group Plc | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ST Pharm Co Ltd | UNSCREENED | 0.10% | no in-house ratios for this holding |
| 4617.T Chugoku Marine Paints Ltd | COMPLIANT | 0.09% | AAOIFI10.0% Usmani11.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic11.0% MSCI Islamic M-Seriesfail FTSE Shariah11.0% |
| 7956.T Pigeon Corp | COMPLIANT | 0.09% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 003540.KS Daishin Securities Co Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8595.T JAFCO Group Co ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IRE.AX IRESS Ltd | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Pharvaris NV | UNSCREENED | 0.09% | no in-house ratios for this holding |
| FOUR.L 4imprint Group PLC | COMPLIANT | 0.09% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| POET POET Technologies Inc | NON_COMPLIANT | 0.09% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ELD.AX Elders Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| INMD Inmode Ltd | NON_COMPLIANT | 0.09% | AAOIFI1.0% Usmani1.1% Dow Jones Islamic0.8% S&P Shariah0.6% MSCI Islamic1.1% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| Aichi Financial Group Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CHG.L Chemring Group PLC | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4975.T JCU Corp | COMPLIANT | 0.09% | AAOIFI0.3% Usmani0.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.6% MSCI Islamic M-Seriespass FTSE Shariah0.6% |
| CIBUS.ST Cibus Real Estate AB publ | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NANKAI Co Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 3296.T NIPPON REIT Investment Corp | NON_COMPLIANT | 0.09% | AAOIFI89.8% Usmani48.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.4% MSCI Islamic M-Seriesfail FTSE Shariah48.4% |
| 6055.T Japan Material Co Ltd | COMPLIANT | 0.09% | AAOIFI0.1% Usmani0.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.2% MSCI Islamic M-Seriespass FTSE Shariah0.2% |
| 3050.T DCM Holdings Co Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3481.T Mitsubishi Estate Logistics REIT Investment Corp | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7715.T Nagano Keiki Co Ltd | COMPLIANT | 0.09% | AAOIFI18.0% Usmani22.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic17.0% MSCI Islamic M-Seriesfail FTSE Shariah17.0% |
| Seabridge Gold Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| FGP.L Firstgroup PLC | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Birchcliff Energy Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| ALTR.LS Altri SGPS SA | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MONY.L MONY Group PLC | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Fadu Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 8850.T Starts Corp Inc | NON_COMPLIANT | 0.09% | AAOIFI30.2% Usmani19.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic19.2% MSCI Islamic M-Seriesfail FTSE Shariah19.2% |
| DNORD.CO D/S Norden A/S | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| PRN.AX Perenti Ltd | COMPLIANT | 0.09% | AAOIFI25.6% Usmani19.0% Dow Jones Islamicpass S&P Shariahfail MSCI Islamic18.3% MSCI Islamic M-Seriesfail FTSE Shariah18.3% |
| 6871.T Micronics Japan Co Ltd | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CIA.AX Champion Iron Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Perpetua Resources Corp | UNSCREENED | 0.09% | no in-house ratios for this holding |
| BIOG-B.ST BioGaia AB | COMPLIANT | 0.09% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 4078.T Sakai Chemical Industry Co Ltd | COMPLIANT | 0.09% | AAOIFI27.0% Usmani13.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic13.7% MSCI Islamic M-Seriesfail FTSE Shariah13.7% |
| TIP.MI Tamburi Investment Partners SpA | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1980.T Dai-Dan Co Ltd | COMPLIANT | 0.09% | AAOIFI1.0% Usmani1.5% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic1.5% MSCI Islamic M-Seriesfail FTSE Shariah1.5% |
| CMCX.L CMC Markets PLC | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Glenveagh Properties PLC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| D'Alba Global Co Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| ELVR Elevra Lithium Ltd | COMPLIANT | 0.09% | AAOIFI3.5% Usmani11.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic11.9% MSCI Islamic M-Seriespass FTSE Shariah11.9% |
| 4208.T UBE Corp | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 006360.KS GS Engineering & Construction Corp | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HIVE Hive Digital Technologies Ltd | NON_COMPLIANT | 0.09% | AAOIFI9.7% Usmani15.3% Dow Jones Islamic21.0% S&P Shariah20.9% MSCI Islamic12.3% MSCI Islamic M-Series20.9% FTSE Shariah3.5% |
| 6651.T Nitto Kogyo Corp | COMPLIANT | 0.09% | AAOIFI15.0% Usmani13.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic13.3% MSCI Islamic M-Seriesfail FTSE Shariah13.3% |
| ENF Technology Co Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| TRST.L Trustpilot Group PLC | COMPLIANT | 0.09% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Hanall Biopharma Co Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 4914.T Takasago International Corp | NON_COMPLIANT | 0.09% | AAOIFI48.8% Usmani24.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.2% MSCI Islamic M-Seriesfail FTSE Shariah23.2% |
| ZIG.L Zigup PLC | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CRN.L Cairn Homes PLC | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MTG-B.ST Modern Times Group MTG AB | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SFL SFL Corp Ltd | NON_COMPLIANT | 0.09% | AAOIFI128.9% Usmani68.2% Dow Jones Islamic181.1% S&P Shariah177.3% MSCI Islamic68.2% MSCI Islamic M-Series177.3% FTSE Shariah68.2% |
| 7220.T Musashi Seimitsu Industry Co Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6103.T OKUMA Corp | COMPLIANT | 0.09% | AAOIFI9.5% Usmani7.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.3% MSCI Islamic M-Seriesfail FTSE Shariah7.3% |
| NOFR.TA OY Nofar Energy Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1950.T Nippon Densetsu Kogyo Co Ltd | COMPLIANT | 0.09% | AAOIFI5.3% Usmani3.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic3.7% MSCI Islamic M-Seriesfail FTSE Shariah3.7% |
| 3433.T Tocalo Co Ltd | COMPLIANT | 0.09% | AAOIFI4.8% Usmani8.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.5% MSCI Islamic M-Seriespass FTSE Shariah8.5% |
| 9793.T Daiseki Co Ltd | COMPLIANT | 0.09% | AAOIFI4.1% Usmani6.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic6.7% MSCI Islamic M-Seriespass FTSE Shariah6.7% |
| RPI.L Raspberry PI Holdings PLC | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 7278.T Exedy Corp | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| PXA.AX PEXA Group Ltd | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FAGR.BR Fagron | COMPLIANT | 0.09% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ATT.ST Attendo AB | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3191.T Joyful Honda Co Ltd | COMPLIANT | 0.09% | AAOIFI12.3% Usmani8.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.9% MSCI Islamic M-Seriespass FTSE Shariah8.9% |
| CRBN.AS Corbion NV | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6745.T Hochiki Corp | COMPLIANT | 0.08% | AAOIFI0.8% Usmani2.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic1.3% MSCI Islamic M-Seriesfail FTSE Shariah1.3% |
| 1333.T Umios Corp | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AbraSilver Resource Corp | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BGA.AX Bega Cheese Ltd | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| INH.DE Indus Holding AG | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1979.T Taikisha Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4046.T Osaka Soda Co Ltd | COMPLIANT | 0.08% | AAOIFI3.1% Usmani4.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.6% MSCI Islamic M-Seriespass FTSE Shariah4.6% |
| Mori Trust Reit Inc | UNSCREENED | 0.08% | no in-house ratios for this holding |
| SMA Solar Technology AG | UNSCREENED | 0.08% | no in-house ratios for this holding |
| EOS.AX Electro Optic Systems Holdings Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6814.T Furuno Electric Co Ltd | COMPLIANT | 0.08% | AAOIFI6.0% Usmani11.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic10.1% MSCI Islamic M-Seriespass FTSE Shariah10.1% |
| XIOR.BR Xior Student Housing NV | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4061.T Denka Co Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 268A.T Rigaku Holdings Corp | COMPLIANT | 0.08% | AAOIFI16.8% Usmani37.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic33.6% MSCI Islamic M-Series— FTSE Shariah33.6% |
| DEZ.DE Deutz AG | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LSPD Lightspeed Commerce Inc | COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| Centuria Capital Group | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 9934.T Inaba Denki Sangyo Co Ltd | COMPLIANT | 0.08% | AAOIFI0.1% Usmani0.1% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic0.1% MSCI Islamic M-Seriesfail FTSE Shariah0.1% |
| Borr Drilling Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| NONG.OL SpareBank 1 Nord Norge | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Avio SpA | UNSCREENED | 0.08% | no in-house ratios for this holding |
| ELUX-B.ST Electrolux AB | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8803.T Heiwa Real Estate Co Ltd | NON_COMPLIANT | 0.08% | AAOIFI167.8% Usmani58.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic58.5% MSCI Islamic M-Seriesfail FTSE Shariah58.5% |
| Hilan Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| SZG.DE Salzgitter AG | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4041.T Nippon Soda Co Ltd | COMPLIANT | 0.08% | AAOIFI24.5% Usmani17.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic17.0% MSCI Islamic M-Seriespass FTSE Shariah17.0% |
| Kolmar Korea Co Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 6754.T Anritsu Corp | COMPLIANT | 0.08% | AAOIFI0.9% Usmani2.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic2.1% MSCI Islamic M-Seriespass FTSE Shariah2.1% |
| House Foods Group Inc | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 7734.T Riken Keiki Co Ltd | COMPLIANT | 0.08% | AAOIFI2.5% Usmani5.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.8% MSCI Islamic M-Seriespass FTSE Shariah3.8% |
| 1882.T TOA Road Corp | COMPLIANT | 0.08% | AAOIFI6.3% Usmani5.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.2% MSCI Islamic M-Seriesfail FTSE Shariah5.2% |
| 4443.T Sansan Inc | COMPLIANT | 0.08% | AAOIFI1.0% Usmani5.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic5.0% MSCI Islamic M-Seriespass FTSE Shariah5.0% |
| 9678.T Kanamoto Co Ltd | NON_COMPLIANT | 0.08% | AAOIFI33.0% Usmani20.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic18.5% MSCI Islamic M-Seriesfail FTSE Shariah18.5% |
| ETL.PA Eutelsat Communications SACA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CIP.AX Centuria Industrial REIT | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Meshek Energy Renewable Energies Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 6136.T OSG Corp | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9759.T NSD Co Ltd | COMPLIANT | 0.08% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| Inrom Construction Industries Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| COA.L Coats Group PLC | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FORTY.TA Formula Systems 1985 Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SVS.L Savills PLC | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4095.T Nihon Parkerizing Co Ltd | NON_COMPLIANT | 0.08% | AAOIFI0.1% Usmani0.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.1% MSCI Islamic M-Seriesfail FTSE Shariah0.1% |
| RSG.AX Resolute Mining Ltd | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Envision Greenwise Holdings Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| TAH.AX Tabcorp Holdings Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 001120.KS LX INTERNATIONAL CORP | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 5703.T Nippon Light Metal Holdings Co Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Sotetsu Holdings Inc | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 089030.KQ TechWing Inc | COMPLIANT | 0.08% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9119.T Iino Kaiun Kaisha Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DNO.OL DNO ASA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SIA.TO Sienna Senior Living Inc | NON_COMPLIANT | 0.08% | AAOIFI65.5% Usmani56.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic56.2% MSCI Islamic M-Seriesfail FTSE Shariah56.2% |
| BFSA.DE Befesa SA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IDIA.SW Idorsia Ltd | NON_COMPLIANT | 0.08% | AAOIFI97.6% Usmani296.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic272.0% MSCI Islamic M-Series— FTSE Shariah272.0% |
| 178320.KQ Seojin System Co Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CLA-B.ST Cloetta AB | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| VSVS.L Vesuvius PLC | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4547.T Kissei Pharmaceutical Co Ltd | NON_COMPLIANT | 0.08% | AAOIFI0.7% Usmani0.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.5% MSCI Islamic M-Seriesfail FTSE Shariah0.5% |
| CF.TO Canaccord Genuity Group Inc | NON_COMPLIANT | 0.08% | AAOIFI53.7% Usmani13.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.5% MSCI Islamic M-Seriesfail FTSE Shariah10.5% |
| 192820.KS Cosmax Inc | COMPLIANT | 0.08% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NFI.TO NFI Group Inc | NON_COMPLIANT | 0.08% | AAOIFI62.9% Usmani43.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic39.4% MSCI Islamic M-Series— FTSE Shariah39.4% |
| JUP.L Jupiter Fund Management PLC | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BONEX.ST BoneSupport Holding AB | COMPLIANT | 0.08% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 7740.T Tamron Co Ltd | COMPLIANT | 0.08% | AAOIFI0.5% Usmani1.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic1.0% MSCI Islamic M-Seriespass FTSE Shariah1.0% |
| HBH.DE Hornbach Holding AG & Co KGaA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SCATC.OL Scatec ASA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MERY.PA Mercialys SA | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9509.T Hokkaido Electric Power Co Inc | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4634.T Artience Co Ltd | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4272.T Nippon Kayaku Co Ltd | COMPLIANT | 0.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7157.T LIFENET INSURANCE CO | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Foosung Co Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| 6474.T Nachi-Fujikoshi Corp | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| H.U. Group Holdings Inc | UNSCREENED | 0.08% | no in-house ratios for this holding |
| ISCN.TA Israel Canada T.R Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KAR.AX Karoon Energy Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7242.T KYB Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| HPSP Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| PHM.MC Pharma Mar SA | COMPLIANT | 0.07% | AAOIFI3.4% Usmani13.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic12.5% MSCI Islamic M-Seriespass FTSE Shariah12.5% |
| 6807.T Japan Aviation Electronics Industry Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| WPR.AX Waypoint REIT Ltd | NON_COMPLIANT | 0.07% | AAOIFI56.7% Usmani32.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic32.4% MSCI Islamic M-Series— FTSE Shariah32.4% |
| ACAD.ST AcadeMedia AB | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8336.T Musashino Bank Ltd/The | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RET.BR Retail Estates NV | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MMS.AX McMillan Shakespeare Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ACT.DE Alzchem Group AG | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MPCC.OL MPC Container Ships ASA | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| IRES.IR Irish Residential Properties REIT PLC | NON_COMPLIANT | 0.07% | AAOIFI97.6% Usmani43.9% Dow Jones Islamic— S&P Shariah— MSCI Islamic43.2% MSCI Islamic M-Series— FTSE Shariah43.2% |
| INSTAL.ST Instalco AB | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Voronoi Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 1861.T Kumagai Gumi Co Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| STOR-B.ST Storskogen Group AB | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ABB.AX Aussie Broadband Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Hyundai Department Store Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 6632.T JVCKenwood Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FLOW.AS Flow Traders Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DVP.AX Develop Global Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ELM.L Elementis PLC | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4461.T DKS Co Ltd | COMPLIANT | 0.07% | AAOIFI21.4% Usmani26.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.3% MSCI Islamic M-Seriesfail FTSE Shariah25.3% |
| Yoshinoya Holdings Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SPB.TO Superior Plus Corp | NON_COMPLIANT | 0.07% | AAOIFI168.1% Usmani56.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic51.9% MSCI Islamic M-Seriesfail FTSE Shariah51.9% |
| 8616.T Tokai Tokyo Financial Holdings Inc | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9505.T Hokuriku Electric Power Co | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BYIT.L Bytes Technology Group PLC | COMPLIANT | 0.07% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Pharming Group NV | UNSCREENED | 0.07% | no in-house ratios for this holding |
| DSCV.L DiscoverIE Group PLC | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHEMM.CO Chemometec A/S | COMPLIANT | 0.07% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| IDI Insurance Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| NAT Nordic American Tankers Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MEITEC Group Holdings Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 7981.T Takara Standard Co Ltd | NON_COMPLIANT | 0.07% | AAOIFI2.2% Usmani1.5% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic1.5% MSCI Islamic M-Seriesfail FTSE Shariah1.5% |
| 4369.T Tri Chemical Laboratories Inc | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4665.T Duskin Co Ltd | COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| TRN.L Trainline PLC | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SDR.AX SiteMinder Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 7780.T Menicon Co Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4216.T ASAHI YUKIZAI CORP | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Kier Group PLC | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 9948.T Arcs Co Ltd | NON_COMPLIANT | 0.07% | AAOIFI15.1% Usmani11.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic9.8% MSCI Islamic M-Seriesfail FTSE Shariah9.8% |
| SWON.SW Softwareone Holding AG | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Hioki EE Corp | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 6516.T Sanyo Denki Co Ltd | COMPLIANT | 0.07% | AAOIFI3.2% Usmani4.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.6% MSCI Islamic M-Seriesfail FTSE Shariah3.6% |
| ALFEN.AS Alfen N.V. | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FLT.AX Flight Centre Travel Group Ltd | NON_COMPLIANT | 0.07% | AAOIFI48.2% Usmani32.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.2% MSCI Islamic M-Seriesfail FTSE Shariah25.2% |
| Eugene Technology Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| Sella Capital Real Estate Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| TRE Holdings Corp | UNSCREENED | 0.07% | no in-house ratios for this holding |
| WIZZ.L Wizz Air Holdings Plc | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Okasan Securities Group Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 9616.T Kyoritsu Maintenance Co Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4023.T Kureha Corp | NON_COMPLIANT | 0.07% | AAOIFI67.9% Usmani35.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic35.4% MSCI Islamic M-Seriesfail FTSE Shariah35.4% |
| 7581.T Saizeriya Co Ltd | COMPLIANT | 0.07% | AAOIFI8.0% Usmani24.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.0% MSCI Islamic M-Seriespass FTSE Shariah14.0% |
| BAG.L AG Barr PLC | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| UT Group Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| NP3.ST NP3 Fastigheter AB | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 001740.KS SK Networks Co Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| OBM.AX Ora Banda Mining Ltd | COMPLIANT | 0.07% | AAOIFI1.0% Usmani7.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.9% MSCI Islamic M-Seriespass FTSE Shariah3.9% |
| TMCWW TMC the metals co Inc | NON_COMPLIANT | 0.07% | AAOIFI130.2% Usmani1.4% Dow Jones Islamic1.0% S&P Shariah1.3% MSCI Islamic1.4% MSCI Islamic M-Series1.3% FTSE Shariah1.4% |
| ARF.AX Arena REIT | NON_COMPLIANT | 0.07% | AAOIFI41.3% Usmani23.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic23.5% MSCI Islamic M-Seriespass FTSE Shariah23.5% |
| 4206.T Aica Kogyo Co Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Superloop Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| ALIG.ST Alimak Group AB | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6250.T YAMABIKO Corp | COMPLIANT | 0.07% | AAOIFI9.3% Usmani10.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic9.7% MSCI Islamic M-Seriesfail FTSE Shariah9.7% |
| AIMS APAC REIT | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 139480.KS E-MART Inc | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1968.T Taihei Dengyo Kaisha Ltd | COMPLIANT | 0.07% | AAOIFI9.8% Usmani8.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.7% MSCI Islamic M-Seriesfail FTSE Shariah8.7% |
| 6472.T NTN Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Ichigo Office REIT Investment Corp | UNSCREENED | 0.07% | no in-house ratios for this holding |
| Koh Young Technology Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 298020.KS Hyosung TNC Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6395.T Tadano Ltd | NON_COMPLIANT | 0.07% | AAOIFI86.0% Usmani33.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic31.8% MSCI Islamic M-Seriesfail FTSE Shariah31.8% |
| 4044.T Central Glass Co Ltd | COMPLIANT | 0.07% | AAOIFI26.7% Usmani15.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic15.1% MSCI Islamic M-Seriesfail FTSE Shariah15.1% |
| 5423.T Tokyo Steel Manufacturing Co Ltd | NON_COMPLIANT | 0.07% | AAOIFI0.2% Usmani0.2% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic0.1% MSCI Islamic M-Seriesfail FTSE Shariah0.1% |
| NBTX Nanobiotix SA | COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Richelieu Hardware Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| TOMONY Holdings Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| GUD.TO Knight Therapeutics Inc | COMPLIANT | 0.07% | AAOIFI8.0% Usmani8.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic7.4% MSCI Islamic M-Seriespass FTSE Shariah7.4% |
| 1833.T Okumura Corp | NON_COMPLIANT | 0.07% | AAOIFI33.1% Usmani15.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic15.5% MSCI Islamic M-Seriesfail FTSE Shariah15.5% |
| 103590.KS Iljin Electric Co Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 4220.T Riken Technos Corp | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 3001.T Katakura Industries Co Ltd | NON_COMPLIANT | 0.07% | AAOIFI8.2% Usmani5.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.0% MSCI Islamic M-Seriesfail FTSE Shariah5.0% |
| 5930.T Bunka Shutter Co Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UPR.IR Uniphar PLC | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Vermilion Energy Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 8051.T Yamazen Corp | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PPT.AX Perpetual Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Can Do Co Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 2288.T Marudai Food Co Ltd | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Deep Yellow Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 2222.T Kotobuki Spirits Co Ltd | COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| MGAM.L Morgan Advanced Materials PLC | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Predictive Discovery Ltd | UNSCREENED | 0.07% | no in-house ratios for this holding |
| KLS.AX Kelsian Group Ltd | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Fujibo Holdings Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
The published standards disagree about this fund by 18 points of portfolio weight — 39.1% of it passes FTSE Shariah, 21.1% 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 32.1% ratios fail on 41.3% 33.7% not rated under AAOIFI
ratios pass on 37.9% ratios fail on 34.6% 34.7% not rated under Usmani
ratios pass on 24.0% ratios fail on 46.3% 36.8% not rated under Dow Jones Islamic
ratios pass on 26.5% ratios fail on 43.5% 37.2% not rated under S&P Shariah
ratios pass on 25.6% ratios fail on 46.3% 35.2% not rated under MSCI Islamic
ratios pass on 21.1% ratios fail on 49.2% 36.8% not rated under MSCI Islamic M-Series
ratios pass on 39.1% ratios fail on 32.8% 35.3% not rated under FTSE Shariah
1,404 of 2,091 listed holdings carry our own per-methodology verdicts (75% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 536 (27% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ATS.VI AT&S Austria Technologie & Systemtechnik AG | 0.40% |
| 6890.T Ferrotec Corp | 0.27% |
| 8020.T Kanematsu Corp | 0.25% |
| ALS.TO Altius Minerals Corp | 0.22% |
| 6376.T Nikkiso Co Ltd | 0.22% |
| ZIM ZIM Integrated Shipping Services Ltd | 0.22% |
| 004170.KS Shinsegae Inc | 0.22% |
| 8370.T Kiyo Bank Ltd/The | 0.21% |
| 8388.T Awa Bank Ltd/The | 0.20% |
| 8368.T Hyakugo Bank Ltd/The | 0.19% |
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.
State Street(R) SPDR(R) S&P(R) International Small Cap ETF (GWX) 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 GWX — 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) | 32.60 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -188.85 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.08 | SELL |
| ROC (10) | -2.71 | SELL |
| Momentum (10) | -1.20 | SELL |
| EMA (10) | 44.12 | SELL |
| SMA (10) | 44.19 | SELL |
| EMA (20) | 44.50 | SELL |
| SMA (20) | 44.55 | SELL |
| EMA (30) | 44.76 | SELL |
| SMA (30) | 44.92 | SELL |
| EMA (50) | 44.99 | SELL |
| SMA (50) | 45.47 | SELL |
| EMA (100) | 44.90 | SELL |
| SMA (100) | 44.94 | SELL |
| EMA (200) | 44.02 | SELL |
| SMA (200) | 44.56 | SELL |
About State Street(R) SPDR(R) S&P(R) International Small Cap ETF
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a float-adjusted market capitalization weighted index designed to define and measure the investable universe of publicly traded small-cap companies, as defined by the index, domiciled in developed countries outside the United States.
Background via Yahoo Finance — informational, not part of the verdict.
Good setup, solid confluence
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 | 43 |
| ⏰ 4H | NEUTRAL | 20 |
| 🕐 1H | RANGING | 80 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 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 2026-10-27 · 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.