Verdicts genuinely change. Free email alert the moment IDVZ'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.
Polen International Dividend Income ETF ETF · Elevation Series Trust
44 holdings · as of 2026-07-31 (2.4 months ago)
NON-COMPLIANT 46.01% of portfolio weight is in non-compliant holdings, over the 5% threshold.
44 holdings, 35 matched (83% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
9.35% of this portfolio’s income is non-permissible — weighted across holdings, computed over 73% of portfolio weight (31 of 44 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.
36.9% compliant 0.0% questionable 46.0% non-compliant 16.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ENEL.MI Enel SpA | NON_COMPLIANT | 3.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ISP.MI Intesa Sanpaolo SpA | NON_COMPLIANT | 3.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PETROBRAS | UNSCREENED | 3.49% | no in-house ratios for this holding |
| GSK GSK PLC | COMPLIANT | 3.16% | AAOIFI19.2% Usmani23.6% Dow Jones Islamic10.6% S&P Shariah11.2% MSCI Islamic23.6% MSCI Islamic M-Series11.2% FTSE Shariah23.6% |
| RO.SW Roche Holding AG | COMPLIANT | 3.14% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| TTE.PA TotalEnergies SE | NON_COMPLIANT | 3.13% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ORA.PA Orange SA | NON_COMPLIANT | 3.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| BATS.L British American Tobacco PLC | NON_COMPLIANT | 3.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SNY Sanofi SA | COMPLIANT | 3.04% | AAOIFI20.8% Usmani14.7% Dow Jones Islamic38.1% S&P Shariah38.6% MSCI Islamic14.7% MSCI Islamic M-Series38.6% FTSE Shariah14.7% |
| BNP.PA BNP Paribas SA | NON_COMPLIANT | 2.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Wal-Mart de Mexico SAB de CV | UNSCREENED | 2.99% | no in-house ratios for this holding |
| RKT.L Reckitt Benckiser Group PLC | COMPLIANT | 2.95% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HSBA.L HSBC Holdings PLC | NON_COMPLIANT | 2.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RIO Rio Tinto PLC | COMPLIANT | 2.86% | AAOIFI16.8% Usmani17.1% Dow Jones Islamic24.7% S&P Shariah26.4% MSCI Islamic17.1% MSCI Islamic M-Series26.4% FTSE Shariah17.1% |
| TSM TSMC | COMPLIANT | 2.76% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| BNZL.L Bunzl PLC | NON_COMPLIANT | 2.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BP.L BP PLC | NON_COMPLIANT | 2.41% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| IMB.L Imperial Brands PLC | NON_COMPLIANT | 2.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMXB.MX America Movil SAB de CV | NON_COMPLIANT | 2.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ASML ASML Holding NV | COMPLIANT | 2.35% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| BB Seguridade Participacoes SA | UNSCREENED | 2.31% | no in-house ratios for this holding |
| UMG.AS Universal Music Group NV | COMPLIANT | 2.28% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| KOFUBL.MX Coca-Cola Femsa SAB de CV | COMPLIANT | 2.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Kimberly-Clark de Mexico SAB d | UNSCREENED | 2.23% | no in-house ratios for this holding |
| VIVT3.SA Telefonica Brasil SA | COMPLIANT | 2.22% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NESN.SW Nestle SA | COMPLIANT | 2.20% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KPN.AS Koninklijke KPN NV | NON_COMPLIANT | 2.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0939.HK China Construction Bank Corp | NON_COMPLIANT | 2.06% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CNI Canadian National Railway Co | COMPLIANT | 2.05% | AAOIFI22.7% Usmani38.5% Dow Jones Islamic25.4% S&P Shariah24.2% MSCI Islamic38.5% MSCI Islamic M-Series24.2% FTSE Shariah37.8% |
| UBSG.SW UBS Group AG | NON_COMPLIANT | 1.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8766.T Tokio Marine Holdings Inc | NON_COMPLIANT | 1.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AZN AstraZeneca PLC | COMPLIANT | 1.81% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| UL Unilever PLC | COMPLIANT | 1.71% | AAOIFI27.6% Usmani41.0% Dow Jones Islamic23.6% S&P Shariah24.9% MSCI Islamic39.2% MSCI Islamic M-Series24.9% FTSE Shariah39.2% |
| JD JD.com Inc | NON_COMPLIANT | 1.71% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| ICTSI | UNSCREENED | 1.68% | no in-house ratios for this holding |
| ICICIBANK.NS ICICI Bank Ltd | NON_COMPLIANT | 1.55% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Bank Rakyat Indonesia Persero | UNSCREENED | 1.34% | no in-house ratios for this holding |
| IBE.MC Iberdrola SA | NON_COMPLIANT | 1.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NVS Novartis AG | COMPLIANT | 1.12% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| Grupo Aeroportuario del Centro | UNSCREENED | 1.04% | no in-house ratios for this holding |
| MAEOY Manila Electric Co | NON_COMPLIANT | 1.04% | AAOIFI44.8% Usmani27.8% Dow Jones Islamic19.9% S&P Shariah22.4% MSCI Islamic27.8% MSCI Islamic M-Series22.4% FTSE Shariah27.8% |
| NOKIA.HE Nokia Oyj | COMPLIANT | 1.02% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Copa Holdings SA | UNSCREENED | 1.01% | no in-house ratios for this holding |
| STATE STREET INSTITUTIONAL US | UNSCREENED | 0.80% | no in-house ratios for this holding |
The published standards disagree about this fund by 5 points of portfolio weight — 35.1% of it passes AAOIFI, 29.7% 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 35.1% ratios fail on 46.0% 18.7% not rated under AAOIFI
ratios pass on 31.7% ratios fail on 49.4% 18.7% not rated under Usmani
ratios pass on 29.7% ratios fail on 50.2% 19.8% not rated under Dow Jones Islamic
ratios pass on 31.5% ratios fail on 48.5% 19.8% not rated under S&P Shariah
ratios pass on 32.0% ratios fail on 48.0% 19.8% not rated under MSCI Islamic
ratios pass on 29.7% ratios fail on 50.2% 19.8% not rated under MSCI Islamic M-Series
ratios pass on 33.7% ratios fail on 46.3% 19.8% not rated under FTSE Shariah
35 of 44 listed holdings carry our own per-methodology verdicts (83% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (24% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ENEL.MI Enel SpA | 3.68% |
| ISP.MI Intesa Sanpaolo SpA | 3.59% |
| TTE.PA TotalEnergies SE | 3.13% |
| ORA.PA Orange SA | 3.10% |
| BATS.L British American Tobacco PLC | 3.09% |
| BNP.PA BNP Paribas SA | 2.99% |
| HSBA.L HSBC Holdings PLC | 2.87% |
| BNZL.L Bunzl PLC | 2.72% |
| BP.L BP PLC | 2.41% |
| IMB.L Imperial Brands PLC | 2.41% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Polen International Dividend Income ETF (IDVZ) 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.
Computing the full ratio and business-activity breakdown for IDVZ — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 44.50 | NEUTRAL |
| Stochastic %K (14) | 77.26 | NEUTRAL |
| CCI (20) | -33.92 | NEUTRAL |
| Williams %R (14) | -22.74 | NEUTRAL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | -0.54 | SELL |
| Momentum (10) | -0.18 | SELL |
| EMA (10) | 33.28 | BUY |
| SMA (10) | 33.13 | BUY |
| EMA (20) | 33.47 | SELL |
| SMA (20) | 33.47 | SELL |
| EMA (30) | 33.65 | SELL |
| SMA (30) | 33.76 | SELL |
| EMA (50) | 33.86 | SELL |
| SMA (50) | 34.08 | SELL |
| EMA (100) | 33.91 | SELL |
| SMA (100) | 34.21 | SELL |
| EMA (200) | 33.25 | BUY |
| SMA (200) | 33.76 | SELL |
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in securities of dividend-paying companies. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 41 |
| 🕐 1H | NEUTRAL | 26 |
| ⏱ 15-Min | BULLISH | 105 |
| ⏲ 5-Min | BULLISH | 234 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
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.
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-06 · Asset managers net 906615 (+2612)
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.