Verdicts genuinely change. Free email alert the moment IBHE'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.
iShares iBonds 2025 Term High Yield and Income ETF · iShares Trust
35 holdings
NON-COMPLIANT At least 15.15% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 78% turns out to be. Matching more holdings can only raise this share, never lower it.
35 holdings, 25 matched (20% of weight). Portfolio as of 2025-10-31, filed 2025-12-29. Source: SEC Form N-PORT.
1.10% of this portfolio’s income is non-permissible — weighted across holdings, computed over 9% of portfolio weight (18 of 35 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.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | UNSCREENED | 70.52% | no in-house ratios for this holding |
| UNITED WHOLESALE MTGE LL | UNSCREENED | 4.21% | no in-house ratios for this holding |
| ALLY ALLY FINANCIAL INC | NON_COMPLIANT | 3.94% | AAOIFI128.2% Usmani8.5% Dow Jones Islamic145.1% S&P Shariah153.2% MSCI Islamic8.5% MSCI Islamic M-Series153.2% FTSE Shariah8.5% |
| SAN.MC BANCO SANTANDER SA | NON_COMPLIANT | 3.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DD DUPONT DE NEMOURS INC | COMPLIANT | 1.98% | AAOIFI17.6% Usmani14.8% Dow Jones Islamic12.1% S&P Shariah11.4% MSCI Islamic14.8% MSCI Islamic M-Series11.4% FTSE Shariah14.8% |
| FORD MOTOR CREDIT CO LLC | UNSCREENED | 1.67% | no in-house ratios for this holding |
| LLOY.L LLOYDS BANKING GROUP PLC | NON_COMPLIANT | 1.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ILMN ILLUMINA INC | COMPLIANT | 1.12% | AAOIFI1.6% Usmani8.1% Dow Jones Islamic2.7% S&P Shariah2.7% MSCI Islamic8.1% MSCI Islamic M-Series2.7% FTSE Shariah0.0% |
| ORCL ORACLE CORP | NON_COMPLIANT | 1.11% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| MS MORGAN STANLEY | NON_COMPLIANT | 0.88% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| DUK DUKE ENERGY CORP | NON_COMPLIANT | 0.76% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| ROGERS COMMUNICATIONS IN | UNSCREENED | 0.75% | no in-house ratios for this holding |
| CFG CITIZENS FINANCIAL GROUP | NON_COMPLIANT | 0.68% | AAOIFI92.6% Usmani11.8% Dow Jones Islamic125.5% S&P Shariah143.3% MSCI Islamic11.8% MSCI Islamic M-Series143.3% FTSE Shariah11.8% |
| CI CIGNA GROUP/THE | NON_COMPLIANT | 0.67% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| CONAGRA BRANDS INC | UNSCREENED | 0.60% | no in-house ratios for this holding |
| AEP AMERICAN ELECTRIC POWER | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KDP KEURIG DR PEPPER INC | NON_COMPLIANT | 0.52% | AAOIFI58.6% Usmani30.8% Dow Jones Islamic63.3% S&P Shariah63.1% MSCI Islamic29.6% MSCI Islamic M-Series63.1% FTSE Shariah28.3% |
| ALL ALLSTATE CORP | NON_COMPLIANT | 0.43% | AAOIFI11.4% Usmani6.0% Dow Jones Islamic14.1% S&P Shariah15.6% MSCI Islamic6.0% MSCI Islamic M-Series15.6% FTSE Shariah6.0% |
| EFX EQUIFAX INC | COMPLIANT | 0.39% | AAOIFI27.1% Usmani45.6% Dow Jones Islamic19.8% S&P Shariah19.6% MSCI Islamic45.6% MSCI Islamic M-Series19.6% FTSE Shariah45.6% |
| SYK STRYKER CORP | COMPLIANT | 0.39% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| AON GLOBAL LTD | UNSCREENED | 0.27% | no in-house ratios for this holding |
| NNN REIT INC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| JUNIPER NETWORKS INC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| VZ VERIZON COMMUNICATIONS | NON_COMPLIANT | 0.20% | AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3% |
| ROP ROPER TECHNOLOGIES INC | NON_COMPLIANT | 0.20% | AAOIFI28.1% Usmani32.2% Dow Jones Islamic22.5% S&P Shariah21.7% MSCI Islamic32.2% MSCI Islamic M-Series21.7% FTSE Shariah32.2% |
| DOV DOVER CORP | COMPLIANT | 0.19% | AAOIFI12.4% Usmani23.8% Dow Jones Islamic12.4% S&P Shariah13.2% MSCI Islamic23.8% MSCI Islamic M-Series13.2% FTSE Shariah23.8% |
| HAL HALLIBURTON CO | COMPLIANT | 0.17% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| AVGO BROADCOM INC | COMPLIANT | 0.10% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| NTR NUTRIEN LTD | NON_COMPLIANT | 0.06% | AAOIFI18.8% Usmani18.9% Dow Jones Islamic29.7% S&P Shariah31.2% MSCI Islamic18.9% MSCI Islamic M-Series31.2% FTSE Shariah18.9% |
| CUBE CUBESMART LP | NON_COMPLIANT | 0.05% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| RSG REPUBLIC SERVICES INC | COMPLIANT | 0.05% | AAOIFI21.1% Usmani40.7% Dow Jones Islamic21.0% S&P Shariah22.6% MSCI Islamic40.7% MSCI Islamic M-Series22.6% FTSE Shariah40.0% |
| STZ CONSTELLATION BRANDS INC | NON_COMPLIANT | 0.00% | AAOIFI49.1% Usmani49.0% Dow Jones Islamic38.2% S&P Shariah33.6% MSCI Islamic49.0% MSCI Islamic M-Series33.6% FTSE Shariah46.1% |
| COKE COCA-COLA CONSOLIDATED | COMPLIANT | 0.00% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Veritas US Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Clover Holdings SPV III LLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 1 points of portfolio weight — 5.6% of it passes Dow Jones Islamic, 4.7% passes AAOIFI. 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 4.7% ratios fail on 14.8% 78.5% not rated under AAOIFI
ratios pass on 5.4% ratios fail on 12.5% 80.1% not rated under Usmani
ratios pass on 5.6% ratios fail on 13.7% 78.6% not rated under Dow Jones Islamic
ratios pass on 4.7% ratios fail on 14.8% 78.5% not rated under S&P Shariah
ratios pass on 5.5% ratios fail on 12.5% 80.0% not rated under MSCI Islamic
ratios pass on 4.7% ratios fail on 14.8% 78.5% not rated under MSCI Islamic M-Series
ratios pass on 5.5% ratios fail on 12.5% 80.0% not rated under FTSE Shariah
25 of 35 listed holdings carry our own per-methodology verdicts (20% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 21 (14% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ALLY ALLY FINANCIAL INC | 3.94% |
| SAN.MC BANCO SANTANDER SA | 3.50% |
| LLOY.L LLOYDS BANKING GROUP PLC | 1.60% |
| ORCL ORACLE CORP | 1.11% |
| MS MORGAN STANLEY | 0.88% |
| DUK DUKE ENERGY CORP | 0.76% |
| CFG CITIZENS FINANCIAL GROUP | 0.68% |
| CI CIGNA GROUP/THE | 0.67% |
| AEP AMERICAN ELECTRIC POWER | 0.54% |
| KDP KEURIG DR PEPPER INC | 0.52% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
iShares iBonds 2025 Term High Yield and Income ETF (IBHE) 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 |
|---|---|---|
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARESnot matched to a ticker | 70.52% | Not screened |
| UNITED WHOLESALE MTGE LLnot matched to a ticker | 4.21% | Not screened |
| ALLYALLY FINANCIAL INC | 3.94% | Non-compliant |
| SAN.MCBANCO SANTANDER SA | 3.50% | Non-compliant |
| DDDUPONT DE NEMOURS INC | 1.98% | Compliant |
| FORD MOTOR CREDIT CO LLCnot matched to a ticker | 1.67% | Not screened |
| LLOY.LLLOYDS BANKING GROUP PLC | 1.60% | Non-compliant |
| ILMNILLUMINA INC | 1.12% | Compliant |
| ORCLORACLE CORP | 1.11% | Non-compliant |
| MSMORGAN STANLEY | 0.88% | Non-compliant |
Top 10 of 35 holdings, 90.5% 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 IBHE. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
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.