IOPPETF / FundSimplify Tara India Opportunities ETF
Verdicts genuinely change. Free email alert the moment IOPP'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.
Simplify Tara India Opportunities ETF ETF · Simplify Exchange Traded Funds
26 holdings · as of 2026-06-30 (3.8 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 22.97% of portfolio weight is in non-compliant holdings, over the 5% threshold.
26 holdings, 23 matched (89% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
6.67% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (21 of 26 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.
66.1% compliant 0.0% questionable 22.9% non-compliant 11.0% unscreened
All holdings (26)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ETERNAL.NS ETERNAL LTD | COMPLIANT | 6.10% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| INDHOTEL.NS INDIAN HOTELS COMPANY LTD (THE) | COMPLIANT | 5.31% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ICICIBANK.NS ICICI BANK LTD | NON_COMPLIANT | 5.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DMART.NS AVENUE SUPERMARTS LTD | COMPLIANT | 5.27% | AAOIFI1.0% Usmani13.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.2% MSCI Islamic M-Seriespass FTSE Shariah8.2% |
| JBCHEMICALS & PHARMACEUTICALS LTD | UNSCREENED | 4.87% | no in-house ratios for this holding |
| APOLLO HOSPITALS ENTERPRISES LTD | UNSCREENED | 4.83% | no in-house ratios for this holding |
| TITAN.NS TITAN COMPANY LTD | COMPLIANT | 4.70% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CRAFTSMAN.NS CRAFTSMAN AUTOMATION LTD | COMPLIANT | 4.67% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MARICO.NS MARICO LTD | COMPLIANT | 4.66% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| BAJAJ-AUTO.NS BAJAJ AUTO LTD | COMPLIANT | 4.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BHARTIARTL.BO BHARTI AIRTEL LTD | COMPLIANT | 4.48% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| AUBANK.NS AU SMALL FINANCE BANK LTD | NON_COMPLIANT | 4.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UNOMINDA.BO UNO MINDA LTD | COMPLIANT | 4.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SHRIRAMFIN.BO SHRIRAM FINANCE LTD | NON_COMPLIANT | 3.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TITAGARH.NS TITAGARH RAIL SYSTEMS LTD | COMPLIANT | 3.58% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| M&M.NS MAHINDRA & MAHINDRA LTD | NON_COMPLIANT | 3.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ULTRACEMCO.NS ULTRATECH CEMENT LTD | COMPLIANT | 3.27% | AAOIFI7.1% Usmani17.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic16.8% MSCI Islamic M-Seriespass FTSE Shariah16.8% |
| TMCV.NS TATA MOTORS LTD | COMPLIANT | 3.19% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NAUKRI.NS INFO EDGE (INDIA) LTD | NON_COMPLIANT | 3.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TMPV.BO TATA MOTORS PASSENGER VEHICLES LTD | NON_COMPLIANT | 2.78% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ICICIAMC.NS ICICI PRUDENTIAL ASSET MANAGEMENT CO LTD | COMPLIANT | 2.78% | AAOIFIpass Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| TRITURBINE.BO TRIVENI TURBINE LTD | COMPLIANT | 2.47% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BIKAJI.NS BIKAJI FOODS INTERNATIONAL LTD | COMPLIANT | 2.33% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GRAVITA.NS GRAVITA INDIA LTD | COMPLIANT | 2.32% | AAOIFI5.7% Usmani21.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic21.5% MSCI Islamic M-Seriespass FTSE Shariah21.5% |
| HAVELLS.NS HAVELLS INDIA LTD | COMPLIANT | 2.28% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DREYFUS TRSY OBLIG CASH M | UNSCREENED | 1.34% | no in-house ratios for this holding |
The published standards disagree about this fund by 21 points of portfolio weight — 66.3% of it passes AAOIFI, 45.3% 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 66.3% ratios fail on 23.0% 11.0% not rated under AAOIFI
ratios pass on 50.0% ratios fail on 39.3% 11.0% not rated under Usmani
ratios pass on 63.5% ratios fail on 23.0% 13.8% not rated under Dow Jones Islamic
ratios pass on 63.5% ratios fail on 23.0% 13.8% not rated under S&P Shariah
ratios pass on 45.3% ratios fail on 44.0% 11.0% not rated under MSCI Islamic
ratios pass on 63.5% ratios fail on 23.0% 13.8% not rated under MSCI Islamic M-Series
ratios pass on 50.0% ratios fail on 39.3% 11.0% not rated under FTSE Shariah
23 of 26 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 3 (11% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ICICIBANK.NS ICICI BANK LTD | 5.28% |
| AUBANK.NS AU SMALL FINANCE BANK LTD | 4.30% |
| SHRIRAMFIN.BO SHRIRAM FINANCE LTD | 3.99% |
| M&M.NS MAHINDRA & MAHINDRA LTD | 3.45% |
| NAUKRI.NS INFO EDGE (INDIA) LTD | 3.17% |
| TMPV.BO TATA MOTORS PASSENGER VEHICLES LTD | 2.78% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Simplify Tara India Opportunities ETF (IOPP) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for IOPP — 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
Not enough completed daily bars to compute pivots.
Price Forecast
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.
Technical Summary
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.10 | NEUTRAL |
| Stochastic %K (14) | 61.09 | NEUTRAL |
| CCI (20) | -15.13 | NEUTRAL |
| Williams %R (14) | -38.91 | NEUTRAL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 1.46 | BUY |
| Momentum (10) | 0.36 | BUY |
| EMA (10) | 25.16 | SELL |
| SMA (10) | 25.18 | SELL |
| EMA (20) | 25.30 | SELL |
| SMA (20) | 25.14 | SELL |
| EMA (30) | 25.48 | SELL |
| SMA (30) | 25.48 | SELL |
| EMA (50) | 25.72 | SELL |
| SMA (50) | 26.06 | SELL |
| EMA (100) | 25.86 | SELL |
| SMA (100) | 26.05 | SELL |
| EMA (200) | 25.92 | SELL |
| SMA (200) | 25.66 | SELL |
About Simplify Tara India Opportunities ETF
Under normal circumstances, the fund invests at least 80% of its assets in securities of Indian issuers. The manager define Indian issuers as entities: (i) organized in India; (ii) having a class of securities whose principal securities market is in India; (iii) deriving more than 50% of total revenues or earnings from goods produced, sales made, or services provided in India; or (iv) maintaining more than 50% of its employees, assets, investments, operations, or other business activity in India.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
SMC — Top Down
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 | 43 |
| ⏲ 5-Min | NEUTRAL | 15 |
Momentum & Volume
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.
Still fetching the volume profile — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
Peer Movement
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.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
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.
What does unrated weight mean?
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.
Does the issuer's board make it compliant?
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.
How often is this re-screened?
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.
Compare with
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 Activity (90d)
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
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
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 2026-10-13 · Asset managers net 915835 (+9220)
AI Summary
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.