Verdicts genuinely change. Free email alert the moment ISTNX'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.
Nomura Science and Technology Fund · IVY FUNDS
40 holdings
COMPLIANT 4.35% of portfolio weight is in non-compliant holdings, under the 5% threshold.
40 holdings, 35 matched (95% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
1.12% of this portfolio’s income is non-permissible — weighted across holdings, computed over 88% of portfolio weight (31 of 40 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.
78.4% compliant 12.4% questionable 4.3% non-compliant 4.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMD ADVANCED MICRO DEVICES INC | COMPLIANT | 7.52% | AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8% |
| NVDA NVIDIA CORP | COMPLIANT | 6.52% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| LRCX LAM RESEARCH CORP | COMPLIANT | 6.30% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| STX SEAGATE TECHNOLOGY HOLDINGS PLC | COMPLIANT | 5.99% | AAOIFI2.0% Usmani39.5% Dow Jones Islamic5.8% S&P Shariah7.7% MSCI Islamic39.5% MSCI Islamic M-Series7.7% FTSE Shariah36.1% |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 5.96% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| AAPL APPLE INC | COMPLIANT | 4.19% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| WDC WESTERN DIGITAL CORP | COMPLIANT | 4.14% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| AVGO BROADCOM INC | COMPLIANT | 4.13% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 4.07% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| TXN TEXAS INSTRUMENTS INC | COMPLIANT | 3.85% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| ASML ASML HOLDING NV | COMPLIANT | 3.70% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| MU MICRON TECHNOLOGY INC | COMPLIANT | 2.85% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 2.70% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| DASH DOORDASH INC | COMPLIANT | 2.54% | AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9% |
| GOOG ALPHABET INC | QUESTIONABLE | 2.46% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| BKNG BOOKING HOLDINGS INC | COMPLIANT | 2.42% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MSFT MICROSOFT CORP | QUESTIONABLE | 2.40% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| MELI MERCADOLIBRE INC | COMPLIANT | 2.03% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| UBER UBER TECHNOLOGIES INC | COMPLIANT | 1.93% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| META META PLATFORMS INC | QUESTIONABLE | 1.85% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| SPACE EXPLORATION TECHNOLOGIES CORP | UNSCREENED | 1.77% | no in-house ratios for this holding |
| CDNS CADENCE DESIGN SYSTEMS INC | COMPLIANT | 1.64% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SHOP SHOPIFY INC | COMPLIANT | 1.53% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| TTWO TAKE-TWO INTERACTIVE SOFTWARE INC | QUESTIONABLE | 1.53% | AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9% |
| NFLX NETFLIX INC | QUESTIONABLE | 1.49% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| APH AMPHENOL CORP | NON_COMPLIANT | 1.47% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 1.42% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| CLS CELESTICA INC | COMPLIANT | 1.34% | AAOIFI2.4% Usmani10.8% Dow Jones Islamic4.0% S&P Shariah5.4% MSCI Islamic10.0% MSCI Islamic M-Series5.4% FTSE Shariah8.3% |
| GILD GILEAD SCIENCES INC | COMPLIANT | 1.23% | AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2% |
| STMPA.PA STMICROELECTRONICS NV | COMPLIANT | 1.21% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ISRG INTUITIVE SURGICAL INC | COMPLIANT | 1.06% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SPOT SPOTIFY TECHNOLOGY SA | NON_COMPLIANT | 0.98% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| NOW SERVICENOW INC | COMPLIANT | 0.93% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| KTOS KRATOS DEFENSE & SECURITY SOLUTIONS INC | COMPLIANT | 0.86% | AAOIFI0.6% Usmani4.7% Dow Jones Islamic0.6% S&P Shariah0.8% MSCI Islamic1.3% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| BLACKROCK LIQUIDITY FUNDS | UNSCREENED | 0.76% | no in-house ratios for this holding |
| FIDELITY COLCHESTER STREET TRUST | UNSCREENED | 0.76% | no in-house ratios for this holding |
| GOLDMAN SACHS TRUST | UNSCREENED | 0.76% | no in-house ratios for this holding |
| MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | UNSCREENED | 0.76% | no in-house ratios for this holding |
| GEV GE VERNOVA INC | COMPLIANT | 0.52% | AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5% |
| IONS IONIS PHARMACEUTICALS INC | NON_COMPLIANT | 0.48% | AAOIFI21.0% Usmani67.5% Dow Jones Islamic23.0% S&P Shariah25.1% MSCI Islamic67.5% MSCI Islamic M-Series25.1% FTSE Shariah58.8% |
The published standards disagree about this fund by 35 points of portfolio weight — 83.8% of it passes AAOIFI, 48.3% 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 83.8% ratios fail on 0.5% 15.8% not rated under AAOIFI
ratios pass on 59.9% ratios fail on 22.3% 17.9% not rated under Usmani
ratios pass on 83.8% ratios fail on 0.5% 15.8% not rated under Dow Jones Islamic
ratios pass on 83.8% ratios fail on 0.5% 15.8% not rated under S&P Shariah
ratios pass on 48.3% ratios fail on 31.4% 20.3% not rated under MSCI Islamic
ratios pass on 83.8% ratios fail on 0.5% 15.8% not rated under MSCI Islamic M-Series
ratios pass on 57.0% ratios fail on 25.2% 17.9% not rated under FTSE Shariah
35 of 40 listed holdings carry our own per-methodology verdicts (95% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 31 (89% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Nomura Science and Technology Fund (ISTNX) is currently considered halal (Sharia-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 |
|---|---|---|
| AMDADVANCED MICRO DEVICES INC | 7.52% | Compliant |
| NVDANVIDIA CORP | 6.52% | Compliant |
| LRCXLAM RESEARCH CORP | 6.30% | Compliant |
| STXSEAGATE TECHNOLOGY HOLDINGS PLC | 5.99% | Compliant |
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 5.96% | Compliant |
| AAPLAPPLE INC | 4.19% | Compliant |
| WDCWESTERN DIGITAL CORP | 4.14% | Compliant |
| AVGOBROADCOM INC | 4.13% | Compliant |
| 005930.KSSAMSUNG ELECTRONICS CO LTD | 4.07% | Compliant |
| TXNTEXAS INSTRUMENTS INC | 3.85% | Compliant |
Top 10 of 40 holdings, 52.7% 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 ISTNX. 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 3 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) | 38.40 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -186.79 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.64 | SELL |
| ROC (10) | -4.57 | SELL |
| Momentum (10) | -5.55 | SELL |
| EMA (10) | 120.44 | SELL |
| SMA (10) | 121.75 | SELL |
| EMA (20) | 120.29 | SELL |
| SMA (20) | 120.89 | SELL |
| EMA (30) | 119.78 | SELL |
| SMA (30) | 119.19 | SELL |
| EMA (50) | 118.79 | SELL |
| SMA (50) | 118.73 | SELL |
| EMA (100) | 115.49 | BUY |
| SMA (100) | 118.11 | SELL |
| EMA (200) | 106.19 | BUY |
| SMA (200) | 106.14 | 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.