Verdicts genuinely change. Free email alert the moment HRSFX'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.
Rational Premium Income Fund · Mutual Fund & Variable Insurance Trust
21 holdings
NON-COMPLIANT 50.28% of portfolio weight is in non-compliant holdings, over the 5% threshold.
6.49% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
21 holdings, 15 matched (77% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
0.63% of this portfolio’s income is non-permissible — weighted across holdings, computed over 69% of portfolio weight (13 of 21 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.
13.1% compliant 0.0% questionable 50.3% non-compliant 19.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| F FORD MOTOR CO | NON_COMPLIANT | 5.08% | AAOIFI4.1% Usmani1.2% Dow Jones Islamic5.7% S&P Shariah5.9% MSCI Islamic0.8% MSCI Islamic M-Series5.9% FTSE Shariah0.0% |
| ET ENERGY TRANSFER LP | NON_COMPLIANT | 4.51% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| DELL INTERNATIONAL LLC / EMC CORP | UNSCREENED | 4.49% | no in-house ratios for this holding |
| VRSN VERISIGN INC | COMPLIANT | 4.48% | AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| STZ CONSTELLATION BRANDS INC | NON_COMPLIANT | 4.48% | AAOIFI49.1% Usmani49.0% Dow Jones Islamic38.2% S&P Shariah33.6% MSCI Islamic49.0% MSCI Islamic M-Series33.6% FTSE Shariah46.1% |
| ARES CAPITAL CORP | UNSCREENED | 4.47% | no in-house ratios for this holding |
| MATTEL INC | UNSCREENED | 4.47% | no in-house ratios for this holding |
| UBER UBER TECHNOLOGIES INC | COMPLIANT | 4.44% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| TSN TYSON FOODS INC | NON_COMPLIANT | 4.44% | AAOIFI45.2% Usmani22.5% Dow Jones Islamic40.2% S&P Shariah41.7% MSCI Islamic22.5% MSCI Islamic M-Series41.7% FTSE Shariah22.5% |
| IT GARTNER INC | NON_COMPLIANT | 4.40% | AAOIFI28.3% Usmani46.3% Dow Jones Islamic13.9% S&P Shariah12.2% MSCI Islamic46.3% MSCI Islamic M-Series12.2% FTSE Shariah41.4% |
| DKS DICKS SPORTING GOODS INC | NON_COMPLIANT | 4.37% | AAOIFI48.9% Usmani33.2% Dow Jones Islamic33.0% S&P Shariah35.5% MSCI Islamic33.2% MSCI Islamic M-Series35.5% FTSE Shariah0.0% |
| THC TENET HEALTHCARE CORP | NON_COMPLIANT | 4.34% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 4.33% | no in-house ratios for this holding |
| OWL BLUE OWL CAPITAL CORP | NON_COMPLIANT | 4.24% | AAOIFI21.8% Usmani30.9% Dow Jones Islamic16.0% S&P Shariah16.4% MSCI Islamic30.9% MSCI Islamic M-Series16.4% FTSE Shariah30.9% |
| INTC INTEL CORP | COMPLIANT | 4.17% | AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0% |
| BBY BEST BUY CO INC | NON_COMPLIANT | 3.99% | AAOIFI21.7% Usmani25.7% Dow Jones Islamic26.9% S&P Shariah27.3% MSCI Islamic25.7% MSCI Islamic M-Series27.3% FTSE Shariah7.3% |
| LOW LOWE'S COMPANIES INC | NON_COMPLIANT | 3.96% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| FIRST AMERICAN FUNDS INC | UNSCREENED | 2.97% | no in-house ratios for this holding |
| N/A | UNSCREENED | 2.16% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.16% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.41% | no in-house ratios for this holding |
The published standards disagree about this fund by 9 points of portfolio weight — 25.6% of it passes MSCI Islamic, 17.0% passes Usmani. 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 21.2% ratios fail on 31.2% 29.9% not rated under AAOIFI
ratios pass on 17.0% ratios fail on 30.5% 34.8% not rated under Usmani
ratios pass on 25.2% ratios fail on 27.2% 29.9% not rated under Dow Jones Islamic
ratios pass on 25.2% ratios fail on 27.2% 29.9% not rated under S&P Shariah
ratios pass on 25.6% ratios fail on 26.2% 30.5% not rated under MSCI Islamic
ratios pass on 25.2% ratios fail on 27.2% 29.9% not rated under MSCI Islamic M-Series
ratios pass on 25.6% ratios fail on 26.2% 30.5% not rated under FTSE Shariah
13 of 21 listed holdings carry our own per-methodology verdicts (57% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| F FORD MOTOR CO | 5.08% |
| ET ENERGY TRANSFER LP | 4.51% |
| STZ CONSTELLATION BRANDS INC | 4.48% |
| TSN TYSON FOODS INC | 4.44% |
| IT GARTNER INC | 4.40% |
| DKS DICKS SPORTING GOODS INC | 4.37% |
| THC TENET HEALTHCARE CORP | 4.34% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 4.33% |
| OWL BLUE OWL CAPITAL CORP | 4.24% |
| BBY BEST BUY CO INC | 3.99% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Rational Premium Income Fund (HRSFX) 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 |
|---|---|---|
| FFORD MOTOR CO | 5.08% | Non-compliant |
| ETENERGY TRANSFER LP | 4.51% | Non-compliant |
| DELL INTERNATIONAL LLC / EMC CORPnot matched to a ticker | 4.49% | Not screened |
| VRSNVERISIGN INC | 4.48% | Compliant |
| STZCONSTELLATION BRANDS INC | 4.48% | Non-compliant |
| ARES CAPITAL CORPnot matched to a ticker | 4.47% | Not screened |
| MATTEL INCnot matched to a ticker | 4.47% | Not screened |
| UBERUBER TECHNOLOGIES INC | 4.44% | Compliant |
| TSNTYSON FOODS INC | 4.44% | Non-compliant |
| ITGARTNER INC | 4.40% | Non-compliant |
Top 10 of 21 holdings, 45.3% 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 HRSFX. 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) | 62.60 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 131.91 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 0.99 | BUY |
| Momentum (10) | 0.16 | BUY |
| EMA (10) | 16.20 | BUY |
| SMA (10) | 16.16 | BUY |
| EMA (20) | 16.14 | BUY |
| SMA (20) | 16.10 | BUY |
| EMA (30) | 16.10 | BUY |
| SMA (30) | 16.09 | BUY |
| EMA (50) | 16.04 | BUY |
| SMA (50) | 16.07 | BUY |
| EMA (100) | 15.87 | BUY |
| SMA (100) | 15.90 | BUY |
| EMA (200) | 15.56 | BUY |
| SMA (200) | 15.49 | 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.