Verdicts genuinely change. Free email alert the moment HNTVX'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.
Heartland Value Fund · HEARTLAND GROUP INC.
105 holdings
NON-COMPLIANT 49.40% of portfolio weight is in non-compliant holdings, over the 5% threshold.
105 holdings, 82 matched (77% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
3.73% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (70 of 105 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.
26.4% compliant 0.8% questionable 49.4% non-compliant 22.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| SIMO Silicon Motion Technology Corp | COMPLIANT | 2.56% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CGAU Centerra Gold Inc | COMPLIANT | 2.44% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ECPG Encore Capital Group Inc | NON_COMPLIANT | 2.39% | AAOIFI195.4% Usmani72.5% Dow Jones Islamic325.5% S&P Shariah339.1% MSCI Islamic72.5% MSCI Islamic M-Series339.1% FTSE Shariah72.5% |
| CCBG Capital City Bank Group Inc | NON_COMPLIANT | 2.11% | AAOIFI56.5% Usmani11.3% Dow Jones Islamic72.8% S&P Shariah81.8% MSCI Islamic11.3% MSCI Islamic M-Series81.8% FTSE Shariah11.3% |
| Century Communities Inc | UNSCREENED | 2.09% | no in-house ratios for this holding |
| TFX Teleflex Inc | NON_COMPLIANT | 2.07% | AAOIFI50.9% Usmani44.0% Dow Jones Islamic46.9% S&P Shariah39.1% MSCI Islamic44.0% MSCI Islamic M-Series39.1% FTSE Shariah41.4% |
| EZPW Ezcorp Inc | NON_COMPLIANT | 2.07% | AAOIFI39.9% Usmani37.5% Dow Jones Islamic67.7% S&P Shariah81.3% MSCI Islamic37.4% MSCI Islamic M-Series81.3% FTSE Shariah24.0% |
| Texas Capital Bancshares Inc | UNSCREENED | 1.97% | no in-house ratios for this holding |
| NWPX Nwpx Infrastructure Inc | COMPLIANT | 1.79% | AAOIFI9.8% Usmani15.4% Dow Jones Islamic15.8% S&P Shariah18.9% MSCI Islamic15.4% MSCI Islamic M-Series18.9% FTSE Shariah1.5% |
| EVTC Evertec Inc | NON_COMPLIANT | 1.78% | AAOIFI63.0% Usmani46.1% Dow Jones Islamic57.1% S&P Shariah54.0% MSCI Islamic46.1% MSCI Islamic M-Series54.0% FTSE Shariah44.6% |
| Allegiant Travel Co | UNSCREENED | 1.66% | no in-house ratios for this holding |
| Cass Information Systems Inc | UNSCREENED | 1.64% | no in-house ratios for this holding |
| VNOM Viper Energy Inc | COMPLIANT | 1.63% | AAOIFI7.1% Usmani13.9% Dow Jones Islamic11.5% S&P Shariah12.6% MSCI Islamic13.9% MSCI Islamic M-Series12.6% FTSE Shariah13.9% |
| Academy Sports & Outdoors Inc | UNSCREENED | 1.61% | no in-house ratios for this holding |
| Chiron Real Estate Inc | UNSCREENED | 1.60% | no in-house ratios for this holding |
| EGO Eldorado Gold Corp | COMPLIANT | 1.59% | AAOIFI8.2% Usmani19.0% Dow Jones Islamic24.3% S&P Shariah29.2% MSCI Islamic19.0% MSCI Islamic M-Series29.2% FTSE Shariah19.0% |
| KWR Quaker Chemical Corp | NON_COMPLIANT | 1.56% | AAOIFI33.2% Usmani32.4% Dow Jones Islamic38.2% S&P Shariah34.7% MSCI Islamic32.4% MSCI Islamic M-Series34.7% FTSE Shariah30.6% |
| LXP Lxp Industrial Trust | NON_COMPLIANT | 1.55% | AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4% |
| IIIV I3 Verticals Inc | NON_COMPLIANT | 1.55% | AAOIFI28.5% Usmani19.0% Dow Jones Islamic17.4% S&P Shariah18.2% MSCI Islamic19.0% MSCI Islamic M-Series18.2% FTSE Shariah18.2% |
| AAV.TO Advantage Energy Ltd | NON_COMPLIANT | 1.49% | AAOIFI43.3% Usmani25.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.9% MSCI Islamic M-Seriesfail FTSE Shariah25.9% |
| ITGR Integer Holdings Corp | NON_COMPLIANT | 1.40% | AAOIFI30.5% Usmani39.9% Dow Jones Islamic35.6% S&P Shariah36.3% MSCI Islamic38.4% MSCI Islamic M-Series36.3% FTSE Shariah36.2% |
| Barrett Business Services Inc | UNSCREENED | 1.37% | no in-house ratios for this holding |
| ARCB Arcbest Corp | COMPLIANT | 1.35% | AAOIFI14.9% Usmani18.7% Dow Jones Islamic21.2% S&P Shariah19.5% MSCI Islamic18.7% MSCI Islamic M-Series19.5% FTSE Shariah8.8% |
| HOM-U.TO Bsr Real Estate Investment Trust | NON_COMPLIANT | 1.31% | AAOIFI173.4% Usmani51.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic51.3% MSCI Islamic M-Seriesfail FTSE Shariah51.3% |
| HAE Haemonetics Corp | NON_COMPLIANT | 1.28% | AAOIFI22.5% Usmani51.8% Dow Jones Islamic36.0% S&P Shariah33.2% MSCI Islamic51.8% MSCI Islamic M-Series33.2% FTSE Shariah49.6% |
| Trico Bancshares | UNSCREENED | 1.15% | no in-house ratios for this holding |
| Forestar Group Inc | UNSCREENED | 1.11% | no in-house ratios for this holding |
| MTG Mgic Investment Corp | NON_COMPLIANT | 1.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SANM Sanmina Corp | COMPLIANT | 1.08% | AAOIFI22.1% Usmani25.0% Dow Jones Islamic35.0% S&P Shariah42.4% MSCI Islamic25.0% MSCI Islamic M-Series42.4% FTSE Shariah22.3% |
| HXL Hexcel Corp | COMPLIANT | 1.07% | AAOIFI13.9% Usmani35.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic35.1% MSCI Islamic M-Series0.0% FTSE Shariah35.1% |
| SHLS Shoals Technologies Group Inc | COMPLIANT | 1.06% | AAOIFI13.1% Usmani16.1% Dow Jones Islamic14.4% S&P Shariah11.6% MSCI Islamic16.1% MSCI Islamic M-Series11.6% FTSE Shariah12.5% |
| PHIN Phinia Inc | NON_COMPLIANT | 1.06% | AAOIFI40.7% Usmani26.3% Dow Jones Islamic45.6% S&P Shariah51.0% MSCI Islamic26.3% MSCI Islamic M-Series51.0% FTSE Shariah25.2% |
| ASB Associated Banc-corp | NON_COMPLIANT | 1.05% | AAOIFI97.1% Usmani11.0% Dow Jones Islamic139.7% S&P Shariah156.7% MSCI Islamic11.0% MSCI Islamic M-Series156.7% FTSE Shariah11.0% |
| UTL Unitil Corp | NON_COMPLIANT | 1.05% | AAOIFI74.4% Usmani32.8% Dow Jones Islamic84.0% S&P Shariah87.7% MSCI Islamic32.8% MSCI Islamic M-Series87.7% FTSE Shariah32.5% |
| ASTE Astec Industries Inc | NON_COMPLIANT | 1.05% | AAOIFI37.5% Usmani27.0% Dow Jones Islamic38.6% S&P Shariah41.0% MSCI Islamic27.0% MSCI Islamic M-Series41.0% FTSE Shariah27.0% |
| PRMB Primo Brands Corp | NON_COMPLIANT | 1.04% | AAOIFI71.5% Usmani53.6% Dow Jones Islamic62.0% S&P Shariah69.6% MSCI Islamic53.6% MSCI Islamic M-Series69.6% FTSE Shariah48.5% |
| MHK Mohawk Industries Inc | NON_COMPLIANT | 1.04% | AAOIFI29.9% Usmani17.1% Dow Jones Islamic31.4% S&P Shariah32.2% MSCI Islamic17.1% MSCI Islamic M-Series32.2% FTSE Shariah13.9% |
| ST Sensata Technologies Holding Plc | NON_COMPLIANT | 1.02% | AAOIFI38.7% Usmani37.1% Dow Jones Islamic49.3% S&P Shariah48.0% MSCI Islamic36.8% MSCI Islamic M-Series48.0% FTSE Shariah36.8% |
| CUBI Customers Bancorp Inc | NON_COMPLIANT | 1.01% | AAOIFI6.0% Usmani0.6% Dow Jones Islamic7.9% S&P Shariah8.7% MSCI Islamic0.6% MSCI Islamic M-Series8.7% FTSE Shariah0.6% |
| Getty Realty Corp | UNSCREENED | 1.00% | no in-house ratios for this holding |
| SBCF Seacoast Banking Corp Of Florida | NON_COMPLIANT | 0.99% | AAOIFI3.4% Usmani0.5% Dow Jones Islamic4.3% S&P Shariah4.7% MSCI Islamic0.5% MSCI Islamic M-Series4.7% FTSE Shariah0.5% |
| GTES Gates Industrial Corp Plc | NON_COMPLIANT | 0.96% | AAOIFI34.0% Usmani30.2% Dow Jones Islamic38.1% S&P Shariah43.0% MSCI Islamic30.2% MSCI Islamic M-Series43.0% FTSE Shariah30.2% |
| Community Trust Bancorp Inc | UNSCREENED | 0.93% | no in-house ratios for this holding |
| COLM Columbia Sportswear Co | COMPLIANT | 0.92% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CLB Core Laboratories Inc | NON_COMPLIANT | 0.90% | AAOIFI28.7% Usmani28.1% Dow Jones Islamic23.7% S&P Shariah21.7% MSCI Islamic28.1% MSCI Islamic M-Series21.7% FTSE Shariah19.4% |
| ADTN Adtran Holdings Inc | COMPLIANT | 0.89% | AAOIFI31.4% Usmani16.9% Dow Jones Islamic25.0% S&P Shariah28.6% MSCI Islamic16.9% MSCI Islamic M-Series28.6% FTSE Shariah16.9% |
| GBCI Glacier Bancorp Inc | NON_COMPLIANT | 0.88% | AAOIFI0.8% Usmani0.3% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic0.2% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| MGY Magnolia Oil & Gas Corp | COMPLIANT | 0.87% | AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5% |
| LYFT Lyft Inc | NON_COMPLIANT | 0.87% | AAOIFI19.4% Usmani14.2% Dow Jones Islamic20.0% S&P Shariah20.8% MSCI Islamic13.5% MSCI Islamic M-Series20.8% FTSE Shariah11.5% |
| HSIC Henry Schein Inc | NON_COMPLIANT | 0.86% | AAOIFI36.7% Usmani32.3% Dow Jones Islamic41.6% S&P Shariah41.0% MSCI Islamic32.3% MSCI Islamic M-Series41.0% FTSE Shariah29.2% |
| LNR.TO Linamar Corp | NON_COMPLIANT | 0.85% | AAOIFI36.0% Usmani19.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic19.3% MSCI Islamic M-Seriesfail FTSE Shariah19.3% |
| PLAB Photronics Inc | NON_COMPLIANT | 0.83% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NIC Nicolet Bankshares Inc | NON_COMPLIANT | 0.79% | AAOIFI2.6% Usmani0.6% Dow Jones Islamic4.3% S&P Shariah5.0% MSCI Islamic0.6% MSCI Islamic M-Series5.0% FTSE Shariah0.6% |
| NEOG Neogen Corp | NON_COMPLIANT | 0.77% | AAOIFI31.3% Usmani24.3% Dow Jones Islamic40.7% S&P Shariah32.4% MSCI Islamic24.3% MSCI Islamic M-Series32.4% FTSE Shariah23.7% |
| QNST Quinstreet Inc | QUESTIONABLE | 0.75% | AAOIFI7.3% Usmani10.8% Dow Jones Islamic8.3% S&P Shariah8.7% MSCI Islamic10.8% MSCI Islamic M-Series8.7% FTSE Shariah9.7% |
| Doubledown Interactive Co Ltd | UNSCREENED | 0.74% | no in-house ratios for this holding |
| XRAY Dentsply Sirona Inc | NON_COMPLIANT | 0.73% | AAOIFI84.0% Usmani44.4% Dow Jones Islamic79.7% S&P Shariah58.9% MSCI Islamic44.4% MSCI Islamic M-Series58.9% FTSE Shariah42.7% |
| SON Sonoco Products Co | NON_COMPLIANT | 0.72% | AAOIFI101.6% Usmani45.7% Dow Jones Islamic108.8% S&P Shariah106.8% MSCI Islamic45.2% MSCI Islamic M-Series106.8% FTSE Shariah42.4% |
| BMRC Bank Of Marin Bancorp | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CTOS Custom Truck One Source Inc | NON_COMPLIANT | 0.71% | AAOIFI84.8% Usmani49.2% Dow Jones Islamic124.6% S&P Shariah127.3% MSCI Islamic49.2% MSCI Islamic M-Series127.3% FTSE Shariah46.0% |
| STC Stewart Information Services Corp | NON_COMPLIANT | 0.71% | AAOIFI31.4% Usmani19.6% Dow Jones Islamic33.9% S&P Shariah36.6% MSCI Islamic19.6% MSCI Islamic M-Series36.6% FTSE Shariah19.6% |
| Heritage Financial Corp/wa | UNSCREENED | 0.70% | no in-house ratios for this holding |
| Carriage Services Inc | UNSCREENED | 0.68% | no in-house ratios for this holding |
| TTI Tetra Technologies Inc | COMPLIANT | 0.68% | AAOIFI21.9% Usmani28.0% Dow Jones Islamic27.2% S&P Shariah30.3% MSCI Islamic28.0% MSCI Islamic M-Series30.3% FTSE Shariah22.9% |
| PSN Parsons Corp | COMPLIANT | 0.67% | AAOIFI33.0% Usmani28.0% Dow Jones Islamic21.7% S&P Shariah21.1% MSCI Islamic27.9% MSCI Islamic M-Series21.1% FTSE Shariah25.2% |
| IGIC International General Insurance Holdings Ltd | NON_COMPLIANT | 0.67% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DNOW Dnow Inc | COMPLIANT | 0.67% | AAOIFI22.0% Usmani16.5% Dow Jones Islamic34.2% S&P Shariah37.6% MSCI Islamic16.5% MSCI Islamic M-Series37.6% FTSE Shariah12.4% |
| Miller Industries Inc/tn | UNSCREENED | 0.66% | no in-house ratios for this holding |
| ICHR Ichor Holdings Ltd | COMPLIANT | 0.65% | AAOIFI7.3% Usmani13.0% Dow Jones Islamic12.3% S&P Shariah13.0% MSCI Islamic13.0% MSCI Islamic M-Series13.0% FTSE Shariah10.1% |
| INVX Innovex International Inc | COMPLIANT | 0.64% | AAOIFI3.5% Usmani7.5% Dow Jones Islamic5.5% S&P Shariah6.5% MSCI Islamic5.6% MSCI Islamic M-Series6.5% FTSE Shariah1.9% |
| PINE Alpine Income Property Trust Inc | NON_COMPLIANT | 0.62% | AAOIFI106.2% Usmani47.0% Dow Jones Islamic151.0% S&P Shariah163.6% MSCI Islamic47.0% MSCI Islamic M-Series163.6% FTSE Shariah47.0% |
| Sonic Automotive Inc | UNSCREENED | 0.62% | no in-house ratios for this holding |
| MDI.TO Major Drilling Group International Inc | COMPLIANT | 0.61% | AAOIFI2.7% Usmani5.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.6% MSCI Islamic M-Seriespass FTSE Shariah4.6% |
| Tiptree Inc | UNSCREENED | 0.61% | no in-house ratios for this holding |
| OXM Oxford Industries Inc | NON_COMPLIANT | 0.60% | AAOIFI114.2% Usmani40.3% Dow Jones Islamic71.9% S&P Shariah55.9% MSCI Islamic40.3% MSCI Islamic M-Series55.9% FTSE Shariah5.6% |
| INBK First Internet Bancorp | NON_COMPLIANT | 0.59% | AAOIFI96.0% Usmani4.5% Dow Jones Islamic108.9% S&P Shariah108.9% MSCI Islamic4.5% MSCI Islamic M-Series108.9% FTSE Shariah4.5% |
| INFU Infusystem Holdings Inc | COMPLIANT | 0.58% | AAOIFI9.5% Usmani23.8% Dow Jones Islamic13.6% S&P Shariah13.3% MSCI Islamic23.8% MSCI Islamic M-Series13.3% FTSE Shariah20.9% |
| HLMN Hillman Solutions Corp | NON_COMPLIANT | 0.58% | AAOIFI53.6% Usmani34.6% Dow Jones Islamic45.4% S&P Shariah45.6% MSCI Islamic33.7% MSCI Islamic M-Series45.6% FTSE Shariah29.2% |
| AQN.TO Algonquin Power & Utilities Corp | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CWCO Consolidated Water Co Ltd | COMPLIANT | 0.57% | AAOIFI0.6% Usmani1.1% Dow Jones Islamic0.6% S&P Shariah0.6% MSCI Islamic1.1% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| PCYO Pure Cycle Corp | NON_COMPLIANT | 0.56% | AAOIFI5.2% Usmani8.0% Dow Jones Islamic5.3% S&P Shariah5.5% MSCI Islamic8.0% MSCI Islamic M-Series5.5% FTSE Shariah8.0% |
| NRC Nrc Health | COMPLIANT | 0.55% | AAOIFI18.9% Usmani66.1% Dow Jones Islamic23.8% S&P Shariah17.4% MSCI Islamic66.1% MSCI Islamic M-Series17.4% FTSE Shariah66.1% |
| BHE Benchmark Electronics Inc | COMPLIANT | 0.55% | AAOIFI11.3% Usmani13.3% Dow Jones Islamic16.2% S&P Shariah18.7% MSCI Islamic13.3% MSCI Islamic M-Series18.7% FTSE Shariah8.3% |
| Audiocodes Ltd | UNSCREENED | 0.54% | no in-house ratios for this holding |
| MRTN Marten Transport Ltd | COMPLIANT | 0.52% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Choice Hotels International Inc | UNSCREENED | 0.52% | no in-house ratios for this holding |
| Columbus Mckinnon Corp/ny | UNSCREENED | 0.52% | no in-house ratios for this holding |
| John B Sanfilippo & Son Inc | UNSCREENED | 0.51% | no in-house ratios for this holding |
| MCS Marcus Corp/the | NON_COMPLIANT | 0.51% | AAOIFI37.7% Usmani32.0% Dow Jones Islamic90.9% S&P Shariah100.2% MSCI Islamic31.0% MSCI Islamic M-Series100.2% FTSE Shariah14.9% |
| PRIM Primoris Services Corp | COMPLIANT | 0.51% | AAOIFI31.5% Usmani27.6% Dow Jones Islamic23.7% S&P Shariah29.6% MSCI Islamic27.6% MSCI Islamic M-Series29.6% FTSE Shariah17.2% |
| PZZA Papa John's International Inc | NON_COMPLIANT | 0.50% | AAOIFI116.2% Usmani116.2% Dow Jones Islamic69.6% S&P Shariah60.8% MSCI Islamic111.5% MSCI Islamic M-Series60.8% FTSE Shariah90.4% |
| PESI Perma-fix Environmental Services Inc | COMPLIANT | 0.49% | AAOIFI0.8% Usmani5.1% Dow Jones Islamic1.6% S&P Shariah1.8% MSCI Islamic3.3% MSCI Islamic M-Series1.8% FTSE Shariah1.9% |
| LTRX Lantronix Inc | COMPLIANT | 0.45% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| KNF Knife River Corp | NON_COMPLIANT | 0.43% | AAOIFI47.9% Usmani39.9% Dow Jones Islamic34.9% S&P Shariah37.4% MSCI Islamic39.9% MSCI Islamic M-Series37.4% FTSE Shariah38.7% |
| LINC Lincoln Educational Services Corp | COMPLIANT | 0.43% | AAOIFI24.2% Usmani43.1% Dow Jones Islamic24.8% S&P Shariah30.9% MSCI Islamic37.2% MSCI Islamic M-Series30.9% FTSE Shariah4.9% |
| Greenbrier Cos Inc/the | UNSCREENED | 0.42% | no in-house ratios for this holding |
| THO Thor Industries Inc | COMPLIANT | 0.39% | AAOIFI24.7% Usmani13.1% Dow Jones Islamic19.0% S&P Shariah18.4% MSCI Islamic13.1% MSCI Islamic M-Series18.4% FTSE Shariah12.5% |
| PARK Park Dental Partners Inc | NON_COMPLIANT | 0.37% | AAOIFI61.9% Usmani32.3% Dow Jones Islamic— S&P Shariah— MSCI Islamic32.3% MSCI Islamic M-Series— FTSE Shariah5.9% |
| AVO Mission Produce Inc | NON_COMPLIANT | 0.33% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WNC Wabash National Corp | NON_COMPLIANT | 0.29% | AAOIFI105.1% Usmani43.2% Dow Jones Islamic110.5% S&P Shariah81.3% MSCI Islamic43.2% MSCI Islamic M-Series81.3% FTSE Shariah40.5% |
| Ascent Industries Co | UNSCREENED | 0.26% | no in-house ratios for this holding |
| GO Grocery Outlet Holding Corp | NON_COMPLIANT | 0.26% | AAOIFI41.2% Usmani16.9% Dow Jones Islamic39.6% S&P Shariah30.0% MSCI Islamic16.9% MSCI Islamic M-Series30.0% FTSE Shariah16.9% |
| QUAD Quad/graphics Inc | NON_COMPLIANT | 0.22% | AAOIFI91.1% Usmani40.9% Dow Jones Islamic156.0% S&P Shariah172.0% MSCI Islamic40.8% MSCI Islamic M-Series172.0% FTSE Shariah35.2% |
| BCHT.TO Birchtech Corp | COMPLIANT | 0.18% | AAOIFI0.6% Usmani1.2% Dow Jones Islamic0.7% S&P Shariah— MSCI Islamic1.2% MSCI Islamic M-Series— FTSE Shariah0.0% |
| GWRS Global Water Resources Inc | NON_COMPLIANT | 0.07% | AAOIFI48.9% Usmani27.2% Dow Jones Islamic48.1% S&P Shariah45.6% MSCI Islamic27.2% MSCI Islamic M-Series45.6% FTSE Shariah27.2% |
The published standards disagree about this fund by 13 points of portfolio weight — 33.4% of it passes Usmani, 20.4% 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 23.2% ratios fail on 45.5% 30.7% not rated under AAOIFI
ratios pass on 33.4% ratios fail on 35.0% 31.0% not rated under Usmani
ratios pass on 20.4% ratios fail on 45.5% 33.5% not rated under Dow Jones Islamic
ratios pass on 22.3% ratios fail on 42.9% 34.1% not rated under S&P Shariah
ratios pass on 28.7% ratios fail on 37.6% 33.1% not rated under MSCI Islamic
ratios pass on 22.7% ratios fail on 44.3% 32.4% not rated under MSCI Islamic M-Series
ratios pass on 32.9% ratios fail on 33.4% 33.1% not rated under FTSE Shariah
82 of 105 listed holdings carry our own per-methodology verdicts (77% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 74 (67% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ECPG Encore Capital Group Inc | 2.39% |
| CCBG Capital City Bank Group Inc | 2.11% |
| TFX Teleflex Inc | 2.07% |
| EZPW Ezcorp Inc | 2.07% |
| EVTC Evertec Inc | 1.78% |
| KWR Quaker Chemical Corp | 1.56% |
| LXP Lxp Industrial Trust | 1.55% |
| IIIV I3 Verticals Inc | 1.55% |
| AAV.TO Advantage Energy Ltd | 1.49% |
| ITGR Integer Holdings Corp | 1.40% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Heartland Value Fund (HNTVX) 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 |
|---|---|---|
| SIMOSilicon Motion Technology Corp | 2.56% | Compliant |
| CGAUCenterra Gold Inc | 2.44% | Compliant |
| ECPGEncore Capital Group Inc | 2.39% | Non-compliant |
| CCBGCapital City Bank Group Inc | 2.11% | Non-compliant |
| Century Communities Incnot matched to a ticker | 2.09% | Not screened |
| TFXTeleflex Inc | 2.07% | Non-compliant |
| EZPWEzcorp Inc | 2.07% | Non-compliant |
| Texas Capital Bancshares Incnot matched to a ticker | 1.97% | Not screened |
| NWPXNwpx Infrastructure Inc | 1.79% | Compliant |
| EVTCEvertec Inc | 1.78% | Non-compliant |
Top 10 of 105 holdings, 21.3% 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 HNTVX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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) | 43.00 | NEUTRAL |
| Stochastic %K (14) | 49.09 | NEUTRAL |
| CCI (20) | -35.14 | NEUTRAL |
| Williams %R (14) | -50.91 | NEUTRAL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | -0.10 | SELL |
| Momentum (10) | -0.06 | SELL |
| EMA (10) | 62.34 | BUY |
| SMA (10) | 62.13 | BUY |
| EMA (20) | 62.84 | SELL |
| SMA (20) | 62.77 | SELL |
| EMA (30) | 63.30 | SELL |
| SMA (30) | 63.54 | SELL |
| EMA (50) | 63.75 | SELL |
| SMA (50) | 64.62 | SELL |
| EMA (100) | 63.25 | SELL |
| SMA (100) | 64.24 | SELL |
| EMA (200) | 60.20 | BUY |
| SMA (200) | 61.00 | BUY |
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.