Verdicts genuinely change. Free email alert the moment ICMUX'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.
Intrepid Income Fund · Intrepid Capital Management Funds Trust
88 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 19.86% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 70% turns out to be. Matching more holdings can only raise this share, never lower it.
88 holdings, 26 matched (31% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
2.85% of this portfolio’s income is non-permissible — weighted across holdings, computed over 31% of portfolio weight (26 of 88 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 |
|---|---|---|---|
| Invesco Treasury Portfolio | UNSCREENED | 3.99% | no in-house ratios for this holding |
| THE REALREAL INC | UNSCREENED | 3.39% | no in-house ratios for this holding |
| CINEMARK USA INC | UNSCREENED | 2.85% | no in-house ratios for this holding |
| TWLO TWILIO INC | COMPLIANT | 2.73% | AAOIFI3.1% Usmani9.8% Dow Jones Islamic5.4% S&P Shariah6.4% MSCI Islamic9.8% MSCI Islamic M-Series6.4% FTSE Shariah9.2% |
| ANGI GROUP LLC | UNSCREENED | 2.59% | no in-house ratios for this holding |
| PHH ESCROW ISS LCC/PHH C | UNSCREENED | 2.51% | no in-house ratios for this holding |
| BEACH ACQUISITION BIDCO | UNSCREENED | 2.31% | no in-house ratios for this holding |
| UNITED NATURAL FOODS INC | UNSCREENED | 2.30% | no in-house ratios for this holding |
| CONDUENT BUS SERVICES | UNSCREENED | 2.24% | no in-house ratios for this holding |
| BRINKER INTERNATIONAL IN | UNSCREENED | 2.20% | no in-house ratios for this holding |
| VIAPATH TECHNOLOGIES | UNSCREENED | 2.12% | no in-house ratios for this holding |
| PITNEY BOWES INC | UNSCREENED | 2.10% | no in-house ratios for this holding |
| ADI ANALOG DEVICES INC | COMPLIANT | 2.10% | AAOIFI4.6% Usmani16.8% Dow Jones Islamic6.1% S&P Shariah6.8% MSCI Islamic16.8% MSCI Islamic M-Series6.8% FTSE Shariah16.8% |
| CBRE SERVICES INC | UNSCREENED | 2.10% | no in-house ratios for this holding |
| TRULIEVE CANNABIS CORP | UNSCREENED | 1.96% | no in-house ratios for this holding |
| MDLZ MONDELEZ INTERNATIONAL | COMPLIANT | 1.89% | AAOIFI24.4% Usmani27.5% Dow Jones Islamic24.3% S&P Shariah23.4% MSCI Islamic26.9% MSCI Islamic M-Series23.4% FTSE Shariah25.8% |
| HCC WARRIOR MET COAL INC | COMPLIANT | 1.86% | AAOIFI2.8% Usmani8.1% Dow Jones Islamic4.2% S&P Shariah4.5% MSCI Islamic5.3% MSCI Islamic M-Series4.5% FTSE Shariah5.3% |
| CIMPRESS PLC | UNSCREENED | 1.83% | no in-house ratios for this holding |
| FIRY FIRY INC | NON_COMPLIANT | 1.83% | AAOIFI86.4% Usmani48.8% Dow Jones Islamic138.7% S&P Shariah137.9% MSCI Islamic48.8% MSCI Islamic M-Series137.9% FTSE Shariah47.3% |
| PTON PELOTON INTERACTIVE INC | NON_COMPLIANT | 1.82% | AAOIFI73.9% Usmani85.1% Dow Jones Islamic61.8% S&P Shariah68.9% MSCI Islamic85.1% MSCI Islamic M-Series68.9% FTSE Shariah65.2% |
| CATAWBA NATION GAMING AU | UNSCREENED | 1.74% | no in-house ratios for this holding |
| FLL FULL HOUSE RESORTS INC | NON_COMPLIANT | 1.73% | AAOIFI691.0% Usmani83.6% Dow Jones Islamic424.7% S&P Shariah376.7% MSCI Islamic83.2% MSCI Islamic M-Series376.7% FTSE Shariah74.5% |
| GRUBHUB HOLDINGS INC | UNSCREENED | 1.70% | no in-house ratios for this holding |
| TPB TURNING POINT BRANDS INC | COMPLIANT | 1.68% | AAOIFI19.7% Usmani34.4% Dow Jones Islamic20.0% S&P Shariah25.7% MSCI Islamic34.4% MSCI Islamic M-Series25.7% FTSE Shariah34.4% |
| MONITRONICS INTERNATIONA | UNSCREENED | 1.66% | no in-house ratios for this holding |
| KEHE DIST/FIN / NEXTWAVE | UNSCREENED | 1.64% | no in-house ratios for this holding |
| DLX DELUXE CORP | NON_COMPLIANT | 1.56% | AAOIFI125.5% Usmani57.5% Dow Jones Islamic155.1% S&P Shariah163.4% MSCI Islamic54.6% MSCI Islamic M-Series163.4% FTSE Shariah52.8% |
| LEVI LEVI STRAUSS & CO | COMPLIANT | 1.53% | AAOIFI28.4% Usmani34.7% Dow Jones Islamic313.9% S&P Shariah330.6% MSCI Islamic34.7% MSCI Islamic M-Series330.6% FTSE Shariah15.8% |
| GREAT AJAX OPER PSHIP | UNSCREENED | 1.47% | no in-house ratios for this holding |
| GOLAR LNG LTD | UNSCREENED | 1.37% | no in-house ratios for this holding |
| PRAA PRA GROUP INC | NON_COMPLIANT | 1.37% | AAOIFI525.0% Usmani71.8% Dow Jones Islamic540.1% S&P Shariah500.7% MSCI Islamic71.8% MSCI Islamic M-Series500.7% FTSE Shariah71.8% |
| RACKSPACE FINANCE LLC | UNSCREENED | 1.37% | no in-house ratios for this holding |
| FIRSTCASH INC | UNSCREENED | 1.36% | no in-house ratios for this holding |
| DIVERSIFIED HEALTHCARE T | UNSCREENED | 1.34% | no in-house ratios for this holding |
| THE MEN'S WEARHOUSE LLC | UNSCREENED | 1.29% | no in-house ratios for this holding |
| MAGN MAGNERA CORP | NON_COMPLIANT | 1.29% | AAOIFI436.8% Usmani51.1% Dow Jones Islamic512.6% S&P Shariah698.0% MSCI Islamic51.1% MSCI Islamic M-Series698.0% FTSE Shariah49.6% |
| GTN GRAY MEDIA INC | NON_COMPLIANT | 1.27% | AAOIFI1180.6% Usmani56.4% Dow Jones Islamic1327.9% S&P Shariah1203.9% MSCI Islamic56.4% MSCI Islamic M-Series1203.9% FTSE Shariah55.6% |
| UPBOUND GROUP INC | UNSCREENED | 1.25% | no in-house ratios for this holding |
| CHC GROUP LLC | UNSCREENED | 1.24% | no in-house ratios for this holding |
| ALLIANCE RES OP/FINANCE | UNSCREENED | 1.23% | no in-house ratios for this holding |
| CHICAGO ATLANTIC REAL ES | UNSCREENED | 1.22% | no in-house ratios for this holding |
| HPK HIGHPEAK ENERGY INC | NON_COMPLIANT | 1.18% | AAOIFI116.8% Usmani37.5% Dow Jones Islamic103.5% S&P Shariah84.8% MSCI Islamic37.5% MSCI Islamic M-Series84.8% FTSE Shariah37.5% |
| DIVERSIFIED HEALTHCARE T | UNSCREENED | 1.15% | no in-house ratios for this holding |
| GRPN GROUPON INC | NON_COMPLIANT | 1.12% | AAOIFI40.7% Usmani52.1% Dow Jones Islamic42.7% S&P Shariah48.2% MSCI Islamic52.1% MSCI Islamic M-Series48.2% FTSE Shariah51.2% |
| STARZ CAPITAL HOLDINGS | UNSCREENED | 1.09% | no in-house ratios for this holding |
| STIIIZY T/L (7/25) | UNSCREENED | 1.08% | no in-house ratios for this holding |
| CRNC CERENCE INC | NON_COMPLIANT | 1.06% | AAOIFI50.1% Usmani30.1% Dow Jones Islamic46.6% S&P Shariah42.6% MSCI Islamic30.1% MSCI Islamic M-Series42.6% FTSE Shariah27.9% |
| DKS DICK'S SPORTING GOODS | NON_COMPLIANT | 1.03% | AAOIFI48.9% Usmani33.2% Dow Jones Islamic33.0% S&P Shariah35.5% MSCI Islamic33.2% MSCI Islamic M-Series35.5% FTSE Shariah0.0% |
| CITRIX SYSTEMS INC | UNSCREENED | 0.98% | no in-house ratios for this holding |
| ICAHN ENTERPRISES/FIN | UNSCREENED | 0.93% | no in-house ratios for this holding |
| AMC GLOBAL MEDIA INC | UNSCREENED | 0.92% | no in-house ratios for this holding |
| RITM RITHM CAPITAL CORP | NON_COMPLIANT | 0.84% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| EZPW EZCORP INC | NON_COMPLIANT | 0.81% | AAOIFI39.9% Usmani37.5% Dow Jones Islamic67.7% S&P Shariah81.3% MSCI Islamic37.4% MSCI Islamic M-Series81.3% FTSE Shariah24.0% |
| PENNYMAC CORP | UNSCREENED | 0.79% | no in-house ratios for this holding |
| FIVE POINT OPERATING CO | UNSCREENED | 0.71% | no in-house ratios for this holding |
| ICAHN ENTERPRISES/FIN | UNSCREENED | 0.69% | no in-house ratios for this holding |
| PRAA PRA GROUP INC | NON_COMPLIANT | 0.69% | AAOIFI525.0% Usmani71.8% Dow Jones Islamic540.1% S&P Shariah500.7% MSCI Islamic71.8% MSCI Islamic M-Series500.7% FTSE Shariah71.8% |
| RITM RITHM CAPITAL CORP | NON_COMPLIANT | 0.68% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| ATENTO LUXCO 1 SA | UNSCREENED | 0.66% | no in-house ratios for this holding |
| ICAHN ENTERPRISES/FIN | UNSCREENED | 0.65% | no in-house ratios for this holding |
| GDOT GREEN DOT CORP | NON_COMPLIANT | 0.64% | AAOIFI0.2% Usmani0.0% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.0% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| KEHE DIST/FIN / NEXTWAVE | UNSCREENED | 0.61% | no in-house ratios for this holding |
| GOLAR LNG LTD | UNSCREENED | 0.51% | no in-house ratios for this holding |
| Chicago Atlantic BDC Inc | UNSCREENED | 0.49% | no in-house ratios for this holding |
| ADVANCED FLOWER CAP INC | UNSCREENED | 0.48% | no in-house ratios for this holding |
| MOHEGAN TRIBAL / MS DIG | UNSCREENED | 0.44% | no in-house ratios for this holding |
| THE MEN'S WEARHOUSE LLC | UNSCREENED | 0.40% | no in-house ratios for this holding |
| PENNYMAC MTGE INVESTMENT | UNSCREENED | 0.35% | no in-house ratios for this holding |
| RITM RITHM CAPITAL CORP | NON_COMPLIANT | 0.34% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| RITM RITHM CAPITAL CORP | NON_COMPLIANT | 0.32% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| ATENTO LUXCO 1 SA | UNSCREENED | 0.29% | no in-house ratios for this holding |
| AMC GLOBAL MEDIA INC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Common Citizen Senior Secured Term Loan | UNSCREENED | 0.27% | no in-house ratios for this holding |
| BECLE SA DE CV | UNSCREENED | 0.26% | no in-house ratios for this holding |
| KERNELMATTER T/L | UNSCREENED | 0.26% | no in-house ratios for this holding |
| PHOTO HOLDINGS LLC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Southern Realty Trust Inc. | UNSCREENED | 0.17% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.17% | no in-house ratios for this holding |
| MAGN MAGNERA CORP | NON_COMPLIANT | 0.15% | AAOIFI436.8% Usmani51.1% Dow Jones Islamic512.6% S&P Shariah698.0% MSCI Islamic51.1% MSCI Islamic M-Series698.0% FTSE Shariah49.6% |
| CURALEAF HOLDING INC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| SHUTTERFLY FINANCE LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Prosomnus Restructured Equity | UNSCREENED | 0.14% | no in-house ratios for this holding |
| PD PAGERDUTY INC. | NON_COMPLIANT | 0.11% | AAOIFI40.7% Usmani45.5% Dow Jones Islamic34.3% S&P Shariah28.6% MSCI Islamic45.5% MSCI Islamic M-Series28.6% FTSE Shariah43.9% |
| COMMON C GP, LLC | UNSCREENED | 0.08% | no in-house ratios for this holding |
| Southern Realty Trust Inc. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SRT_Blocker | UNSCREENED | 0.00% | no in-house ratios for this holding |
| ATENTO S.A. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Atento Class A Preferred Shares | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 3 points of portfolio weight — 12.8% of it passes FTSE Shariah, 10.3% 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 11.8% ratios fail on 19.9% 69.7% not rated under AAOIFI
ratios pass on 10.3% ratios fail on 21.4% 69.7% not rated under Usmani
ratios pass on 10.3% ratios fail on 21.4% 69.7% not rated under Dow Jones Islamic
ratios pass on 10.4% ratios fail on 21.3% 69.7% not rated under S&P Shariah
ratios pass on 11.3% ratios fail on 20.3% 69.7% not rated under MSCI Islamic
ratios pass on 10.4% ratios fail on 21.3% 69.7% not rated under MSCI Islamic M-Series
ratios pass on 12.8% ratios fail on 18.8% 69.7% not rated under FTSE Shariah
21 of 88 listed holdings carry our own per-methodology verdicts (32% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Intrepid Income Fund (ICMUX) 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 |
|---|---|---|
| Invesco Treasury Portfolionot matched to a ticker | 3.99% | Not screened |
| THE REALREAL INCnot matched to a ticker | 3.39% | Not screened |
| CINEMARK USA INCnot matched to a ticker | 2.85% | Not screened |
| TWLOTWILIO INC | 2.73% | Compliant |
| ANGI GROUP LLCnot matched to a ticker | 2.59% | Not screened |
| PHH ESCROW ISS LCC/PHH Cnot matched to a ticker | 2.51% | Not screened |
| BEACH ACQUISITION BIDCOnot matched to a ticker | 2.31% | Not screened |
| UNITED NATURAL FOODS INCnot matched to a ticker | 2.30% | Not screened |
| CONDUENT BUS SERVICESnot matched to a ticker | 2.24% | Not screened |
| BRINKER INTERNATIONAL INnot matched to a ticker | 2.20% | Not screened |
Top 10 of 88 holdings, 27.1% 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 ICMUX. 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 4 days - this is not a reading of today
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) | 31.80 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -109.20 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -0.12 | SELL |
| Momentum (10) | -0.01 | SELL |
| EMA (10) | 8.73 | SELL |
| SMA (10) | 8.73 | SELL |
| EMA (20) | 8.74 | SELL |
| SMA (20) | 8.74 | SELL |
| EMA (30) | 8.75 | SELL |
| SMA (30) | 8.76 | SELL |
| EMA (50) | 8.76 | SELL |
| SMA (50) | 8.78 | SELL |
| EMA (100) | 8.75 | SELL |
| SMA (100) | 8.77 | SELL |
| EMA (200) | 8.67 | BUY |
| SMA (200) | 8.69 | 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.