Verdicts genuinely change. Free email alert the moment GXPE'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.
Global X PureCap MSCI Energy ETF ETF · GLOBAL X FUNDS
22 holdings · as of 2026-05-31 (4.4 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 23.97% of portfolio weight is in non-compliant holdings, over the 5% threshold.
22 holdings, 20 matched (97% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.17% of this portfolio’s income is non-permissible — weighted across holdings, computed over 94% of portfolio weight (19 of 22 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.
72.9% compliant 0.0% questionable 24.0% non-compliant 2.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| XOM EXXON MOBIL CORPORATION | COMPLIANT | 29.20% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| CVX CHEVRON CORPORATION | COMPLIANT | 16.64% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| COP CONOCOPHILLIPS | COMPLIANT | 6.72% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| WMB THE WILLIAMS COMPANIES, INC. | NON_COMPLIANT | 4.16% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| SLB SLB N.V. | COMPLIANT | 3.88% | AAOIFI13.1% Usmani20.1% Dow Jones Islamic18.7% S&P Shariah17.9% MSCI Islamic20.1% MSCI Islamic M-Series17.9% FTSE Shariah20.1% |
| VLO VALERO ENERGY CORPORATION | COMPLIANT | 3.56% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| MPC MARATHON PETROLEUM CORPORATION | NON_COMPLIANT | 3.55% | AAOIFI31.4% Usmani36.4% Dow Jones Islamic59.6% S&P Shariah59.2% MSCI Islamic36.4% MSCI Islamic M-Series59.2% FTSE Shariah34.8% |
| EOG EOG RESOURCES, INC. | COMPLIANT | 3.45% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| PSX PHILLIPS 66 | NON_COMPLIANT | 3.37% | AAOIFI20.2% Usmani25.1% Dow Jones Islamic36.5% S&P Shariah37.1% MSCI Islamic25.1% MSCI Islamic M-Series37.1% FTSE Shariah25.1% |
| BKR BAKER HUGHES COMPANY | NON_COMPLIANT | 3.01% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| KMI KINDER MORGAN, INC. | NON_COMPLIANT | 2.97% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| TRGP TARGA RESOURCES CORP. | NON_COMPLIANT | 2.61% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| ONEOK, INC. | UNSCREENED | 2.52% | no in-house ratios for this holding |
| DVN DEVON ENERGY CORPORATION | COMPLIANT | 2.39% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| LNG CHENIERE ENERGY, INC. | NON_COMPLIANT | 2.31% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| OXY OCCIDENTAL PETROLEUM CORPORATION | NON_COMPLIANT | 2.00% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| FANG DIAMONDBACK ENERGY, INC. | COMPLIANT | 1.69% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| EQT EQT CORPORATION | COMPLIANT | 1.63% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| HAL HALLIBURTON COMPANY | COMPLIANT | 1.56% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| TPL TEXAS PACIFIC LAND CORPORATION | COMPLIANT | 1.10% | AAOIFI0.1% Usmani0.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| EXE EXPAND ENERGY CORPORATION | COMPLIANT | 1.05% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| State Street Energy Select Sector SPDR ETF | UNSCREENED | 0.13% | no in-house ratios for this holding |
The published standards disagree about this fund by 7 points of portfolio weight — 78.2% of it passes AAOIFI, 70.9% passes Dow Jones 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 78.2% ratios fail on 15.6% 5.7% not rated under AAOIFI
ratios pass on 78.2% ratios fail on 15.6% 5.7% not rated under Usmani
ratios pass on 70.9% ratios fail on 21.4% 7.2% not rated under Dow Jones Islamic
ratios pass on 72.5% ratios fail on 21.4% 5.7% not rated under S&P Shariah
ratios pass on 74.7% ratios fail on 19.2% 5.7% not rated under MSCI Islamic
ratios pass on 72.5% ratios fail on 21.4% 5.7% not rated under MSCI Islamic M-Series
ratios pass on 78.2% ratios fail on 15.6% 5.7% not rated under FTSE Shariah
20 of 22 listed holdings carry our own per-methodology verdicts (97% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 19 (94% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Global X PureCap MSCI Energy ETF (GXPE) 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.
Computing the full ratio and business-activity breakdown for GXPE — 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
Not enough completed daily bars to compute pivots.
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) | 67.00 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 164.50 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.17 | BUY |
| ROC (10) | 6.31 | BUY |
| Momentum (10) | 2.30 | BUY |
| EMA (10) | 37.63 | BUY |
| SMA (10) | 37.31 | BUY |
| EMA (20) | 37.31 | BUY |
| SMA (20) | 37.14 | BUY |
| EMA (30) | 37.07 | BUY |
| SMA (30) | 37.33 | BUY |
| EMA (50) | 36.53 | BUY |
| SMA (50) | 36.72 | BUY |
| EMA (100) | 35.27 | BUY |
| SMA (100) | 34.81 | BUY |
| EMA (200) | 32.95 | BUY |
| SMA (200) | 33.23 | BUY |
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the Communication Services sector. The underlying index is designed to track the performance of U.S. securities included in the MSCI USA Index that fall within the Energy sector based on the MSCI and S&P Dow Jones Indices' Global Industry Classification Standard, as determined by MSCI Inc. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | BULLISH | 41 |
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.
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.
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.
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
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 2026-10-06 · Asset managers net 906615 (+2612)
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.