Verdicts genuinely change. Free email alert the moment HRCSX'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.
Harbor Ares Systematic Convertible Securities Fund · HARBOR FUNDS
152 holdings
NON-COMPLIANT 39.69% of portfolio weight is in non-compliant holdings, over the 5% threshold.
152 holdings, 104 matched (73% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
1.91% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (96 of 152 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.
26.6% compliant 5.4% questionable 39.7% non-compliant 26.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GOOG ALPHABET INC | QUESTIONABLE | 3.48% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 3.40% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| BA BOEING CO/THE | NON_COMPLIANT | 2.08% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| LITE LUMENTUM HOLDINGS INC | COMPLIANT | 1.84% | AAOIFI1.9% Usmani22.9% Dow Jones Islamic6.7% S&P Shariah9.4% MSCI Islamic22.9% MSCI Islamic M-Series9.4% FTSE Shariah22.4% |
| BE BLOOM ENERGY CORP | COMPLIANT | 1.65% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.54% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| GOOG ALPHABET INC | QUESTIONABLE | 1.46% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| COREWEAVE INC | UNSCREENED | 1.45% | no in-house ratios for this holding |
| SNOW SNOWFLAKE INC | COMPLIANT | 1.41% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| AKAM AKAMAI TECHNOLOGIES INC | NON_COMPLIANT | 1.40% | AAOIFI74.5% Usmani62.0% Dow Jones Islamic67.0% S&P Shariah64.0% MSCI Islamic62.0% MSCI Islamic M-Series64.0% FTSE Shariah50.2% |
| NEE NEXTERA ENERGY INC | NON_COMPLIANT | 1.39% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| ON ON SEMICONDUCTOR CORP | COMPLIANT | 1.32% | AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1% |
| SMCI SUPER MICRO COMPUTER INC | NON_COMPLIANT | 1.27% | AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5% |
| BAC Bank of America Corp | NON_COMPLIANT | 1.24% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| SMCI SUPER MICRO COMPUTER INC | NON_COMPLIANT | 1.22% | AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5% |
| SO SOUTHERN CO | NON_COMPLIANT | 1.19% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| HP ENTERPRISE CO | UNSCREENED | 1.18% | no in-house ratios for this holding |
| RBRK RUBRIK INC | COMPLIANT | 1.17% | AAOIFI5.9% Usmani40.4% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic40.4% MSCI Islamic M-Seriespass FTSE Shariah39.8% |
| CNP CENTERPOINT ENERGY INC | NON_COMPLIANT | 1.17% | AAOIFI86.5% Usmani47.1% Dow Jones Islamic92.6% S&P Shariah102.9% MSCI Islamic47.1% MSCI Islamic M-Series102.9% FTSE Shariah47.0% |
| CIPHER DIGITAL INC | UNSCREENED | 1.17% | no in-house ratios for this holding |
| WISDOMTREE INC | UNSCREENED | 1.15% | no in-house ratios for this holding |
| AKAM AKAMAI TECHNOLOGIES INC | NON_COMPLIANT | 1.13% | AAOIFI74.5% Usmani62.0% Dow Jones Islamic67.0% S&P Shariah64.0% MSCI Islamic62.0% MSCI Islamic M-Series64.0% FTSE Shariah50.2% |
| FIVE9 INC | UNSCREENED | 1.09% | no in-house ratios for this holding |
| ORCL ORACLE CORP | NON_COMPLIANT | 1.03% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| HAE HAEMONETICS CORP | NON_COMPLIANT | 0.99% | AAOIFI22.5% Usmani51.8% Dow Jones Islamic36.0% S&P Shariah33.2% MSCI Islamic51.8% MSCI Islamic M-Series33.2% FTSE Shariah49.6% |
| O REALTY INCOME CORP | NON_COMPLIANT | 0.98% | AAOIFI3.9% Usmani2.6% Dow Jones Islamic4.0% S&P Shariah4.3% MSCI Islamic2.6% MSCI Islamic M-Series4.3% FTSE Shariah2.6% |
| BBIO BRIDGEBIO PHARMA INC | COMPLIANT | 0.98% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MKSI MKS INC | COMPLIANT | 0.97% | AAOIFI22.4% Usmani44.1% Dow Jones Islamic35.1% S&P Shariah39.9% MSCI Islamic44.1% MSCI Islamic M-Series39.9% FTSE Shariah44.1% |
| SPHR SPHERE ENTERTAINMENT CO | NON_COMPLIANT | 0.96% | AAOIFI17.9% Usmani22.6% Dow Jones Islamic33.8% S&P Shariah40.3% MSCI Islamic22.6% MSCI Islamic M-Series40.3% FTSE Shariah19.3% |
| MCHP MICROCHIP TECHNOLOGY INC | COMPLIANT | 0.96% | AAOIFI13.8% Usmani38.2% Dow Jones Islamic15.3% S&P Shariah14.3% MSCI Islamic38.2% MSCI Islamic M-Series14.3% FTSE Shariah37.2% |
| EXC EXELON CORP | NON_COMPLIANT | 0.95% | AAOIFI109.9% Usmani42.1% Dow Jones Islamic115.7% S&P Shariah124.5% MSCI Islamic42.1% MSCI Islamic M-Series124.5% FTSE Shariah42.1% |
| MARRIOTT VACATION WORLDW | UNSCREENED | 0.93% | no in-house ratios for this holding |
| GH GUARDANT HEALTH INC | COMPLIANT | 0.93% | AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6% |
| ETSY INC | UNSCREENED | 0.90% | no in-house ratios for this holding |
| MATCH GROUP FINANCECO 3 | UNSCREENED | 0.87% | no in-house ratios for this holding |
| EL PASO ENERGY CAP TRST | UNSCREENED | 0.87% | no in-house ratios for this holding |
| CVLT COMMVAULT SYSTEMS INC | COMPLIANT | 0.84% | AAOIFI16.2% Usmani48.5% Dow Jones Islamic14.5% S&P Shariah16.3% MSCI Islamic48.5% MSCI Islamic M-Series16.3% FTSE Shariah46.7% |
| JAZZ INVESTMENTS I LTD | UNSCREENED | 0.83% | no in-house ratios for this holding |
| ALB ALBEMARLE CORP | COMPLIANT | 0.80% | AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8% |
| SWIFT HOLDINGS CORP | UNSCREENED | 0.77% | no in-house ratios for this holding |
| LIVE NATION ENTERTAINMEN | UNSCREENED | 0.77% | no in-house ratios for this holding |
| GPN GLOBAL PAYMENTS INC | NON_COMPLIANT | 0.76% | AAOIFI95.7% Usmani36.9% Dow Jones Islamic108.0% S&P Shariah96.7% MSCI Islamic36.9% MSCI Islamic M-Series96.7% FTSE Shariah36.9% |
| LIGAND PHARMACEUTICALS I | UNSCREENED | 0.75% | no in-house ratios for this holding |
| INNOVATIVE INDUSTRIAL | UNSCREENED | 0.75% | no in-house ratios for this holding |
| DOCN DIGITALOCEAN HOLDINGS | COMPLIANT | 0.73% | AAOIFI9.5% Usmani58.0% Dow Jones Islamic23.7% S&P Shariah28.5% MSCI Islamic44.8% MSCI Islamic M-Series28.5% FTSE Shariah29.5% |
| ENOV ENOVIS CORP | NON_COMPLIANT | 0.71% | AAOIFI122.4% Usmani34.8% Dow Jones Islamic71.7% S&P Shariah60.3% MSCI Islamic34.8% MSCI Islamic M-Series60.3% FTSE Shariah34.1% |
| NVST ENVISTA HOLDINGS CORP | NON_COMPLIANT | 0.71% | AAOIFI36.2% Usmani28.4% Dow Jones Islamic43.9% S&P Shariah43.7% MSCI Islamic28.4% MSCI Islamic M-Series43.7% FTSE Shariah25.7% |
| APLD APPLIED DIGITAL CORP | NON_COMPLIANT | 0.71% | AAOIFI1.0% Usmani0.9% Dow Jones Islamic1.1% S&P Shariah1.5% MSCI Islamic0.5% MSCI Islamic M-Series1.5% FTSE Shariah0.0% |
| PROGRESS SOFTWARE CORP | UNSCREENED | 0.71% | no in-house ratios for this holding |
| DDOG DATADOG INC | NON_COMPLIANT | 0.69% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| VARONIS SYSTEM INC | UNSCREENED | 0.68% | no in-house ratios for this holding |
| XYZ BLOCK INC | NON_COMPLIANT | 0.67% | AAOIFI12.2% Usmani15.3% Dow Jones Islamic14.3% S&P Shariah14.7% MSCI Islamic15.3% MSCI Islamic M-Series14.7% FTSE Shariah14.6% |
| CIEN CIENA CORP | COMPLIANT | 0.67% | AAOIFI6.7% Usmani41.1% Dow Jones Islamic10.4% S&P Shariah14.0% MSCI Islamic41.0% MSCI Islamic M-Series14.0% FTSE Shariah40.4% |
| VIAV VIAVI SOLUTIONS INC | COMPLIANT | 0.66% | AAOIFI11.3% Usmani41.5% Dow Jones Islamic24.0% S&P Shariah29.9% MSCI Islamic41.5% MSCI Islamic M-Series29.9% FTSE Shariah40.0% |
| AVT AVNET INC | NON_COMPLIANT | 0.66% | AAOIFI46.0% Usmani22.5% Dow Jones Islamic70.8% S&P Shariah74.3% MSCI Islamic22.5% MSCI Islamic M-Series74.3% FTSE Shariah20.8% |
| EZPW EZCORP INC | NON_COMPLIANT | 0.65% | AAOIFI39.9% Usmani37.5% Dow Jones Islamic67.7% S&P Shariah81.3% MSCI Islamic37.4% MSCI Islamic M-Series81.3% FTSE Shariah24.0% |
| EVRG EVERGY INC | NON_COMPLIANT | 0.64% | AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2% |
| GH GUARDANT HEALTH INC | COMPLIANT | 0.64% | AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6% |
| PENG PENGUIN SOLUTIONS INC | COMPLIANT | 0.63% | AAOIFI19.1% Usmani22.9% Dow Jones Islamic35.9% S&P Shariah38.9% MSCI Islamic22.9% MSCI Islamic M-Series38.9% FTSE Shariah20.2% |
| CHEFS' WAREHOUSE THE | UNSCREENED | 0.63% | no in-house ratios for this holding |
| KKR KKR & CO INC | NON_COMPLIANT | 0.60% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ARROWHEAD RESEARCH CORP | UNSCREENED | 0.59% | no in-house ratios for this holding |
| WELLTOWER OP LLC | UNSCREENED | 0.58% | no in-house ratios for this holding |
| INDV INDIVIOR PHARMACEUTICALS | COMPLIANT | 0.56% | AAOIFI12.3% Usmani41.3% Dow Jones Islamic17.8% S&P Shariah18.8% MSCI Islamic41.3% MSCI Islamic M-Series18.8% FTSE Shariah39.5% |
| AST SPACEMOBILE INC | UNSCREENED | 0.55% | no in-house ratios for this holding |
| WEC WEC ENERGY GROUP INC | NON_COMPLIANT | 0.54% | AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1% |
| WULF TERAWULF INC | NON_COMPLIANT | 0.54% | AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6% |
| JBLU JETBLUE AIRWAYS CORP | NON_COMPLIANT | 0.54% | AAOIFI564.6% Usmani60.2% Dow Jones Islamic510.7% S&P Shariah514.8% MSCI Islamic60.2% MSCI Islamic M-Series514.8% FTSE Shariah54.7% |
| NEE NEXTERA ENERGY INC | NON_COMPLIANT | 0.53% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| FE FIRSTENERGY CORP | NON_COMPLIANT | 0.53% | AAOIFI101.8% Usmani48.1% Dow Jones Islamic111.3% S&P Shariah119.2% MSCI Islamic48.0% MSCI Islamic M-Series119.2% FTSE Shariah47.5% |
| TANGER PROPERTIES LP | UNSCREENED | 0.52% | no in-house ratios for this holding |
| CRACKER BARREL OLD COUNT | UNSCREENED | 0.50% | no in-house ratios for this holding |
| HEALTHCARE RLTY HLDGS LP | UNSCREENED | 0.50% | no in-house ratios for this holding |
| CAPITAL SOUTHWEST CORP | UNSCREENED | 0.49% | no in-house ratios for this holding |
| RIVIAN AUTO INC | UNSCREENED | 0.49% | no in-house ratios for this holding |
| MARA MARA HOLDINGS INC | NON_COMPLIANT | 0.49% | AAOIFI59.2% Usmani56.7% Dow Jones Islamic48.0% S&P Shariah50.6% MSCI Islamic56.6% MSCI Islamic M-Series50.6% FTSE Shariah55.6% |
| MP MP MATERIALS CORP | NON_COMPLIANT | 0.48% | AAOIFI13.4% Usmani25.6% Dow Jones Islamic11.8% S&P Shariah15.2% MSCI Islamic25.6% MSCI Islamic M-Series15.2% FTSE Shariah25.1% |
| GWRE GUIDEWIRE SOFTWARE INC | QUESTIONABLE | 0.48% | AAOIFI3.2% Usmani16.9% Dow Jones Islamic2.8% S&P Shariah3.2% MSCI Islamic16.9% MSCI Islamic M-Series3.2% FTSE Shariah15.5% |
| GME GAMESTOP CORP | NON_COMPLIANT | 0.48% | AAOIFI1.6% Usmani1.6% Dow Jones Islamic1.6% S&P Shariah1.9% MSCI Islamic1.6% MSCI Islamic M-Series1.9% FTSE Shariah0.1% |
| GME GAMESTOP CORP | NON_COMPLIANT | 0.47% | AAOIFI1.6% Usmani1.6% Dow Jones Islamic1.6% S&P Shariah1.9% MSCI Islamic1.6% MSCI Islamic M-Series1.9% FTSE Shariah0.1% |
| BLACKSTONE MORTGAGE TR | UNSCREENED | 0.47% | no in-house ratios for this holding |
| CMS CMS ENERGY CORP | NON_COMPLIANT | 0.47% | AAOIFI89.2% Usmani47.2% Dow Jones Islamic90.3% S&P Shariah98.1% MSCI Islamic46.5% MSCI Islamic M-Series98.1% FTSE Shariah46.5% |
| DUK DUKE ENERGY CORP | NON_COMPLIANT | 0.47% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| HTGC HERCULES CAPITAL INC | NON_COMPLIANT | 0.47% | AAOIFI70.8% Usmani49.8% Dow Jones Islamic82.8% S&P Shariah90.0% MSCI Islamic49.8% MSCI Islamic M-Series90.0% FTSE Shariah49.8% |
| IDCC INTERDIGITAL INC | COMPLIANT | 0.47% | AAOIFI4.6% Usmani18.3% Dow Jones Islamic6.0% S&P Shariah7.5% MSCI Islamic18.3% MSCI Islamic M-Series7.5% FTSE Shariah17.8% |
| ALRM ALARM.COM HLDGS INC | COMPLIANT | 0.47% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PL PLANET LABS PBC | COMPLIANT | 0.46% | AAOIFI0.8% Usmani3.5% Dow Jones Islamic1.0% S&P Shariah1.4% MSCI Islamic3.5% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| SMCI SUPER MICRO COMPUTER INC | NON_COMPLIANT | 0.46% | AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5% |
| HOOD ROBINHOOD MARKETS INC | NON_COMPLIANT | 0.45% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.3% S&P Shariah0.4% MSCI Islamic0.4% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| SITIME | UNSCREENED | 0.45% | no in-house ratios for this holding |
| BRKR BRUKER CORP | COMPLIANT | 0.44% | AAOIFI18.9% Usmani30.1% Dow Jones Islamic25.7% S&P Shariah22.6% MSCI Islamic30.1% MSCI Islamic M-Series22.6% FTSE Shariah30.1% |
| VSEC VSE CORP | COMPLIANT | 0.44% | AAOIFI19.0% Usmani23.3% Dow Jones Islamic28.8% S&P Shariah37.2% MSCI Islamic23.3% MSCI Islamic M-Series37.2% FTSE Shariah21.5% |
| SOFI SOFI TECHNOLOGIES INC | NON_COMPLIANT | 0.44% | AAOIFI14.6% Usmani5.5% Dow Jones Islamic15.6% S&P Shariah19.9% MSCI Islamic5.5% MSCI Islamic M-Series19.9% FTSE Shariah5.5% |
| WELLTOWER OP LLC | UNSCREENED | 0.44% | no in-house ratios for this holding |
| VECO VEECO INSTRUMENTS INC | COMPLIANT | 0.44% | AAOIFI8.3% Usmani18.5% Dow Jones Islamic13.4% S&P Shariah13.5% MSCI Islamic18.5% MSCI Islamic M-Series13.5% FTSE Shariah16.0% |
| BRIGHTSPRING HEALTH SERV | UNSCREENED | 0.44% | no in-house ratios for this holding |
| SHAZ SHARONAI HOLDINGS INC | NON_COMPLIANT | 0.43% | AAOIFI48.2% Usmani43.6% Dow Jones Islamic55.6% S&P Shariah55.6% MSCI Islamic43.4% MSCI Islamic M-Series55.6% FTSE Shariah43.4% |
| MSTR STRATEGY INC | COMPLIANT | 0.43% | AAOIFI12.5% Usmani12.9% Dow Jones Islamic7.5% S&P Shariah9.4% MSCI Islamic12.9% MSCI Islamic M-Series9.4% FTSE Shariah12.8% |
| PCG PG&E CORP | NON_COMPLIANT | 0.42% | AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3% |
| FSLY FASTLY INC | COMPLIANT | 0.41% | AAOIFI11.6% Usmani26.5% Dow Jones Islamic21.9% S&P Shariah21.9% MSCI Islamic26.5% MSCI Islamic M-Series21.9% FTSE Shariah21.5% |
| HIMS HIMS & HERS HEALTH | COMPLIANT | 0.40% | AAOIFI2.8% Usmani5.0% Dow Jones Islamic2.2% S&P Shariah2.9% MSCI Islamic5.0% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| WULF TERAWULF INC | NON_COMPLIANT | 0.39% | AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6% |
| ATRO ASTRONICS CORP | NON_COMPLIANT | 0.39% | AAOIFI12.0% Usmani46.4% Dow Jones Islamic21.8% S&P Shariah27.7% MSCI Islamic46.4% MSCI Islamic M-Series27.7% FTSE Shariah40.8% |
| GVA GRANITE CONSTRUCTION INC | COMPLIANT | 0.39% | AAOIFI33.2% Usmani36.3% Dow Jones Islamic37.9% S&P Shariah45.5% MSCI Islamic36.3% MSCI Islamic M-Series45.5% FTSE Shariah32.6% |
| LBRT LIBERTY ENERGY INC | NON_COMPLIANT | 0.39% | AAOIFI40.1% Usmani35.9% Dow Jones Islamic44.1% S&P Shariah43.7% MSCI Islamic30.1% MSCI Islamic M-Series43.7% FTSE Shariah28.8% |
| MACOM TECH SOLUTIONS | UNSCREENED | 0.38% | no in-house ratios for this holding |
| CYTK CYTOKINETICS INC | NON_COMPLIANT | 0.37% | AAOIFI3.9% Usmani20.7% Dow Jones Islamic5.9% S&P Shariah6.2% MSCI Islamic20.7% MSCI Islamic M-Series6.2% FTSE Shariah14.3% |
| CAKE CHEESECAKE FACTORY (THE) | NON_COMPLIANT | 0.36% | AAOIFI40.3% Usmani65.3% Dow Jones Islamic74.8% S&P Shariah86.9% MSCI Islamic65.3% MSCI Islamic M-Series86.9% FTSE Shariah19.2% |
| GALAXY DIGITAL HOLDIN LP | UNSCREENED | 0.35% | no in-house ratios for this holding |
| SMTC SEMTECH CORP | COMPLIANT | 0.35% | AAOIFI3.8% Usmani36.0% Dow Jones Islamic8.0% S&P Shariah10.6% MSCI Islamic36.0% MSCI Islamic M-Series10.6% FTSE Shariah34.2% |
| GPRE GREEN PLAINS INC | NON_COMPLIANT | 0.34% | AAOIFI48.2% Usmani31.5% Dow Jones Islamic71.1% S&P Shariah55.2% MSCI Islamic31.5% MSCI Islamic M-Series55.2% FTSE Shariah27.6% |
| VSH VISHAY INTERTECHNOLOGY | COMPLIANT | 0.33% | AAOIFI20.9% Usmani21.3% Dow Jones Islamic39.9% S&P Shariah39.5% MSCI Islamic21.3% MSCI Islamic M-Series39.5% FTSE Shariah18.9% |
| ENVX ENOVIX CORP | NON_COMPLIANT | 0.33% | AAOIFI72.3% Usmani65.9% Dow Jones Islamic32.0% S&P Shariah30.7% MSCI Islamic65.9% MSCI Islamic M-Series30.7% FTSE Shariah65.2% |
| NET CLOUDFLARE INC | NON_COMPLIANT | 0.33% | AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| PEB PEBBLEBROOK HOTEL TRUST | NON_COMPLIANT | 0.31% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| UCTT ULTRA CLEAN HOLDINGS INC | COMPLIANT | 0.31% | AAOIFI23.7% Usmani40.5% Dow Jones Islamic38.9% S&P Shariah40.9% MSCI Islamic40.5% MSCI Islamic M-Series40.9% FTSE Shariah31.2% |
| REVOLUTION MEDICINES INC | UNSCREENED | 0.29% | no in-house ratios for this holding |
| KITE REALTY GROUP LP | UNSCREENED | 0.29% | no in-house ratios for this holding |
| ETSY INC | UNSCREENED | 0.29% | no in-house ratios for this holding |
| TVTX TRAVERE THERAPEUTICS INC | COMPLIANT | 0.28% | AAOIFI10.0% Usmani77.2% Dow Jones Islamic24.4% S&P Shariah32.6% MSCI Islamic77.2% MSCI Islamic M-Series32.6% FTSE Shariah75.4% |
| GRPN GROUPON INC | NON_COMPLIANT | 0.28% | AAOIFI40.7% Usmani52.1% Dow Jones Islamic42.7% S&P Shariah48.2% MSCI Islamic52.1% MSCI Islamic M-Series48.2% FTSE Shariah51.2% |
| HALOZYME THERAPEUTICS IN | UNSCREENED | 0.27% | no in-house ratios for this holding |
| PPL CAPITAL FUNDING INC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| HALOZYME THERAPEUTICS IN | UNSCREENED | 0.26% | no in-house ratios for this holding |
| FEDERAL REALTY OP LP | UNSCREENED | 0.26% | no in-house ratios for this holding |
| DBX DROPBOX INC | NON_COMPLIANT | 0.26% | AAOIFI5.2% Usmani23.9% Dow Jones Islamic6.1% S&P Shariah6.3% MSCI Islamic13.8% MSCI Islamic M-Series6.3% FTSE Shariah0.0% |
| LMAT LEMAITRE VASCULAR INC | COMPLIANT | 0.26% | AAOIFI1.2% Usmani3.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic3.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| EOS ENERGY ENTERPRISES I | UNSCREENED | 0.25% | no in-house ratios for this holding |
| CRESCENT ENERGY CO | UNSCREENED | 0.25% | no in-house ratios for this holding |
| LCID LUCID GROUP INC | NON_COMPLIANT | 0.25% | AAOIFI192.4% Usmani47.5% Dow Jones Islamic64.1% S&P Shariah54.9% MSCI Islamic46.1% MSCI Islamic M-Series54.9% FTSE Shariah42.3% |
| SPECTRUM BRANDS INC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| FOUR SHIFT4 PAYMENTS INC | NON_COMPLIANT | 0.25% | AAOIFI125.9% Usmani52.5% Dow Jones Islamic74.0% S&P Shariah77.0% MSCI Islamic52.5% MSCI Islamic M-Series77.0% FTSE Shariah51.9% |
| PENNYMAC CORP | UNSCREENED | 0.24% | no in-house ratios for this holding |
| STWD STARWOOD PROPERTY TRUST | NON_COMPLIANT | 0.24% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TE T1 ENERGY INC | NON_COMPLIANT | 0.23% | AAOIFI52.2% Usmani47.4% Dow Jones Islamic95.5% S&P Shariah120.1% MSCI Islamic47.4% MSCI Islamic M-Series120.1% FTSE Shariah33.5% |
| NCL CORPORATION LTD | UNSCREENED | 0.23% | no in-house ratios for this holding |
| AEIS ADVANCED ENERGY IND | COMPLIANT | 0.23% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BWX TECHNOLOGIES INC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| BSY BENTLEY SYSTEMS | COMPLIANT | 0.23% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| TRUMP MEDIA & TECHNOLOGY | UNSCREENED | 0.23% | no in-house ratios for this holding |
| CRNC CERENCE INC | NON_COMPLIANT | 0.21% | AAOIFI50.1% Usmani30.1% Dow Jones Islamic46.6% S&P Shariah42.6% MSCI Islamic30.1% MSCI Islamic M-Series42.6% FTSE Shariah27.9% |
| COIN COINBASE GLOBAL INC | NON_COMPLIANT | 0.21% | AAOIFI13.1% Usmani23.2% Dow Jones Islamic9.7% S&P Shariah10.8% MSCI Islamic23.2% MSCI Islamic M-Series10.8% FTSE Shariah22.5% |
| IONIS PHARMACEUTICALS IN | UNSCREENED | 0.21% | no in-house ratios for this holding |
| PPL PPL CORPORATION | NON_COMPLIANT | 0.21% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| PUMP PROPETRO HOLDING CORP | NON_COMPLIANT | 0.20% | AAOIFI60.7% Usmani41.6% Dow Jones Islamic82.3% S&P Shariah84.4% MSCI Islamic41.5% MSCI Islamic M-Series84.4% FTSE Shariah38.7% |
| SNAP SNAP INC | NON_COMPLIANT | 0.20% | AAOIFI46.0% Usmani56.6% Dow Jones Islamic31.4% S&P Shariah26.2% MSCI Islamic56.6% MSCI Islamic M-Series26.2% FTSE Shariah47.3% |
| SAREPTA THERAPEUTICS INC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| SO SOUTHERN CO | NON_COMPLIANT | 0.18% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| QXO QXO INC | NON_COMPLIANT | 0.12% | AAOIFI49.4% Usmani31.0% Dow Jones Islamic64.2% S&P Shariah94.5% MSCI Islamic30.2% MSCI Islamic M-Series94.5% FTSE Shariah26.6% |
| MSTR STRATEGY INC | COMPLIANT | 0.10% | AAOIFI12.5% Usmani12.9% Dow Jones Islamic7.5% S&P Shariah9.4% MSCI Islamic12.9% MSCI Islamic M-Series9.4% FTSE Shariah12.8% |
| NEE NEXTERA ENERGY INC | NON_COMPLIANT | 0.09% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| HERTZ CORP/THE | UNSCREENED | 0.06% | no in-house ratios for this holding |
The published standards disagree about this fund by 21 points of portfolio weight — 31.6% of it passes AAOIFI, 11.0% 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 31.6% ratios fail on 29.3% 37.1% not rated under AAOIFI
ratios pass on 20.9% ratios fail on 32.8% 44.3% not rated under Usmani
ratios pass on 25.7% ratios fail on 31.3% 41.1% not rated under Dow Jones Islamic
ratios pass on 27.6% ratios fail on 32.3% 38.1% not rated under S&P Shariah
ratios pass on 11.0% ratios fail on 34.0% 53.0% not rated under MSCI Islamic
ratios pass on 25.6% ratios fail on 32.3% 40.1% not rated under MSCI Islamic M-Series
ratios pass on 23.8% ratios fail on 29.3% 44.9% not rated under FTSE Shariah
93 of 152 listed holdings carry our own per-methodology verdicts (72% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 88 (68% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BA BOEING CO/THE | 2.08% |
| WFC WELLS FARGO & COMPANY | 1.54% |
| AKAM AKAMAI TECHNOLOGIES INC | 1.40% |
| NEE NEXTERA ENERGY INC | 1.39% |
| SMCI SUPER MICRO COMPUTER INC | 1.27% |
| BAC Bank of America Corp | 1.24% |
| SMCI SUPER MICRO COMPUTER INC | 1.22% |
| SO SOUTHERN CO | 1.19% |
| CNP CENTERPOINT ENERGY INC | 1.17% |
| AKAM AKAMAI TECHNOLOGIES INC | 1.13% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Harbor Ares Systematic Convertible Securities Fund (HRCSX) 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 |
|---|---|---|
| GOOGALPHABET INC | 3.48% | Questionable |
| WDCWESTERN DIGITAL CORP | 3.40% | Compliant |
| BABOEING CO/THE | 2.08% | Non-compliant |
| LITELUMENTUM HOLDINGS INC | 1.84% | Compliant |
| BEBLOOM ENERGY CORP | 1.65% | Compliant |
| WFCWELLS FARGO & COMPANY | 1.54% | Non-compliant |
| GOOGALPHABET INC | 1.46% | Questionable |
| COREWEAVE INCnot matched to a ticker | 1.45% | Not screened |
| SNOWSNOWFLAKE INC | 1.41% | Compliant |
| AKAMAKAMAI TECHNOLOGIES INC | 1.40% | Non-compliant |
Top 10 of 152 holdings, 19.7% 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 HRCSX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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.