Verdicts genuinely change. Free email alert the moment ITB'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 U.S. Home Construction ETF · iShares Trust
48 holdings · as of 2026-06-30 (3.5 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.
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 104% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 24.24% of portfolio weight is in non-compliant holdings, over the 5% threshold.
48 holdings, 35 matched (85% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
0.31% of this portfolio’s income is non-permissible — weighted across holdings, computed over 85% of portfolio weight (35 of 48 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.
61.9% compliant 0.0% questionable 23.2% non-compliant 14.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| DHI D.R. HORTON, INC. | COMPLIANT | 15.70% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| PHM PULTEGROUP, INC. | COMPLIANT | 9.55% | AAOIFI0.2% Usmani0.2% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.2% MSCI Islamic M-Series0.2% FTSE Shariah0.2% |
| LEN LENNAR CORPORATION | NON_COMPLIANT | 7.12% | AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4% |
| NVR NVR, Inc. | COMPLIANT | 6.72% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TOL TOLL BROTHERS, INC. | COMPLIANT | 5.02% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | UNSCREENED | 4.98% | no in-house ratios for this holding |
| SHW THE SHERWIN-WILLIAMS COMPANY | COMPLIANT | 4.53% | AAOIFI18.0% Usmani52.7% Dow Jones Islamic16.6% S&P Shariah17.3% MSCI Islamic52.7% MSCI Islamic M-Series17.3% FTSE Shariah44.8% |
| HD THE HOME DEPOT, INC. | COMPLIANT | 4.42% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| LOW LOWE'S COMPANIES, INC. | NON_COMPLIANT | 4.08% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| TOPBUILD CORP. | UNSCREENED | 3.60% | no in-house ratios for this holding |
| LII LENNOX INTERNATIONAL INC. | COMPLIANT | 3.34% | AAOIFI12.0% Usmani38.7% Dow Jones Islamic8.3% S&P Shariah8.8% MSCI Islamic37.1% MSCI Islamic M-Series8.8% FTSE Shariah27.1% |
| MAS MASCO CORPORATION | COMPLIANT | 3.02% | AAOIFI23.0% Usmani61.8% Dow Jones Islamic22.1% S&P Shariah22.3% MSCI Islamic61.5% MSCI Islamic M-Series22.3% FTSE Shariah56.3% |
| TAYLOR MORRISON HOME CORPORATION | UNSCREENED | 2.49% | no in-house ratios for this holding |
| OC OWENS CORNING | NON_COMPLIANT | 2.35% | AAOIFI43.5% Usmani37.4% Dow Jones Islamic40.6% S&P Shariah39.3% MSCI Islamic37.4% MSCI Islamic M-Series39.3% FTSE Shariah33.2% |
| MTH MERITAGE HOMES CORPORATION | NON_COMPLIANT | 2.08% | AAOIFI15.2% Usmani7.6% Dow Jones Islamic11.7% S&P Shariah11.1% MSCI Islamic7.6% MSCI Islamic M-Series11.1% FTSE Shariah7.6% |
| IBP INSTALLED BUILDING PRODUCTS, INC. | COMPLIANT | 1.92% | AAOIFI18.7% Usmani53.2% Dow Jones Islamic19.1% S&P Shariah20.1% MSCI Islamic52.7% MSCI Islamic M-Series20.1% FTSE Shariah47.2% |
| SKY CHAMPION HOMES, INC | COMPLIANT | 1.81% | AAOIFI1.1% Usmani2.4% Dow Jones Islamic1.1% S&P Shariah0.0% MSCI Islamic2.4% MSCI Islamic M-Series0.0% FTSE Shariah1.1% |
| CVCO CAVCO INDUSTRIES, INC. | COMPLIANT | 1.77% | AAOIFI0.9% Usmani2.9% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic2.5% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| BUILDERS FIRSTSOURCE, INC. | UNSCREENED | 1.77% | no in-house ratios for this holding |
| SSD SIMPSON MANUFACTURING CO., INC. | COMPLIANT | 1.58% | AAOIFI5.7% Usmani13.4% Dow Jones Islamic5.8% S&P Shariah5.8% MSCI Islamic13.4% MSCI Islamic M-Series5.8% FTSE Shariah9.8% |
| MHO M/I HOMES, INC. | COMPLIANT | 1.53% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| KBH KB HOME | NON_COMPLIANT | 1.45% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| EXP EAGLE MATERIALS INC. | NON_COMPLIANT | 1.30% | AAOIFI30.7% Usmani45.9% Dow Jones Islamic24.2% S&P Shariah24.1% MSCI Islamic45.9% MSCI Islamic M-Series24.1% FTSE Shariah45.0% |
| FBIN FORTUNE BRANDS INNOVATIONS, INC. | NON_COMPLIANT | 1.20% | AAOIFI54.4% Usmani44.1% Dow Jones Islamic41.4% S&P Shariah37.9% MSCI Islamic44.1% MSCI Islamic M-Series37.9% FTSE Shariah40.2% |
| FND FLOOR & DECOR HOLDINGS, INC. | NON_COMPLIANT | 1.18% | AAOIFI37.6% Usmani35.2% Dow Jones Islamic24.5% S&P Shariah21.9% MSCI Islamic35.2% MSCI Islamic M-Series21.9% FTSE Shariah3.4% |
| MHK MOHAWK INDUSTRIES, INC. | NON_COMPLIANT | 1.14% | AAOIFI32.7% Usmani17.1% Dow Jones Islamic31.8% S&P Shariah31.8% MSCI Islamic17.1% MSCI Islamic M-Series31.8% FTSE Shariah13.9% |
| TREX TREX COMPANY, INC. | COMPLIANT | 0.96% | AAOIFI1.1% Usmani3.1% Dow Jones Islamic0.9% S&P Shariah0.8% MSCI Islamic3.1% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| UFPI UFP INDUSTRIES, INC. | COMPLIANT | 0.94% | AAOIFI8.9% Usmani9.9% Dow Jones Islamic6.9% S&P Shariah6.6% MSCI Islamic9.9% MSCI Islamic M-Series6.6% FTSE Shariah5.7% |
| LPX LOUISIANA-PACIFIC CORPORATION | COMPLIANT | 0.92% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| GRBK GREEN BRICK PARTNERS, INC. | COMPLIANT | 0.90% | AAOIFI11.1% Usmani12.4% Dow Jones Islamic11.0% S&P Shariah11.6% MSCI Islamic12.4% MSCI Islamic M-Series11.6% FTSE Shariah12.4% |
| GFF GRIFFON CORPORATION | NON_COMPLIANT | 0.69% | AAOIFI31.4% Usmani72.8% Dow Jones Islamic36.5% S&P Shariah38.7% MSCI Islamic72.8% MSCI Islamic M-Series38.7% FTSE Shariah69.0% |
| CENTURY COMMUNITIES, INC. | UNSCREENED | 0.67% | no in-house ratios for this holding |
| HAYWARD HOLDINGS, INC. | UNSCREENED | 0.64% | no in-house ratios for this holding |
| LGI HOMES, INC. | UNSCREENED | 0.48% | no in-house ratios for this holding |
| MBC MASTERBRAND, INC. | NON_COMPLIANT | 0.38% | AAOIFI84.0% Usmani31.1% Dow Jones Islamic87.6% S&P Shariah82.2% MSCI Islamic31.1% MSCI Islamic M-Series82.2% FTSE Shariah24.4% |
| LZB LA-Z-BOY INCORPORATED | NON_COMPLIANT | 0.30% | AAOIFI44.3% Usmani28.3% Dow Jones Islamic36.5% S&P Shariah37.5% MSCI Islamic28.2% MSCI Islamic M-Series37.5% FTSE Shariah0.0% |
| LEGGETT & PLATT, INCORPORATED | UNSCREENED | 0.29% | no in-house ratios for this holding |
| LEN LENNAR CORPORATION | NON_COMPLIANT | 0.29% | AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4% |
| BEAZER HOMES USA, INC. | UNSCREENED | 0.26% | no in-house ratios for this holding |
| ROCK GIBRALTAR INDUSTRIES, INC. | NON_COMPLIANT | 0.25% | AAOIFI97.6% Usmani49.1% Dow Jones Islamic82.0% S&P Shariah74.0% MSCI Islamic49.1% MSCI Islamic M-Series74.0% FTSE Shariah43.7% |
| HOV HOVNANIAN ENTERPRISES, INC. | NON_COMPLIANT | 0.25% | AAOIFI127.8% Usmani31.5% Dow Jones Islamic971.4% S&P Shariah940.0% MSCI Islamic31.5% MSCI Islamic M-Series940.0% FTSE Shariah31.5% |
| DREAM FINDERS HOMES, INC. | UNSCREENED | 0.18% | no in-house ratios for this holding |
| NX QUANEX BUILDING PRODUCTS CORPORATION | NON_COMPLIANT | 0.16% | AAOIFI80.0% Usmani42.8% Dow Jones Islamic92.6% S&P Shariah89.9% MSCI Islamic42.8% MSCI Islamic M-Series89.9% FTSE Shariah33.7% |
| ETD ETHAN ALLEN INTERIORS INC. | COMPLIANT | 0.10% | AAOIFI22.0% Usmani16.8% Dow Jones Islamic22.5% S&P Shariah22.2% MSCI Islamic16.7% MSCI Islamic M-Series22.2% FTSE Shariah0.0% |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.09% | no in-house ratios for this holding |
| ARHAUS, INC. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| JELD JELD-WEN HOLDING, INC. | NON_COMPLIANT | 0.02% | AAOIFI718.7% Usmani69.3% Dow Jones Islamic322.7% S&P Shariah189.9% MSCI Islamic69.3% MSCI Islamic M-Series189.9% FTSE Shariah60.2% |
| S P MID 400 EMINI SEP26 | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 59 points of portfolio weight — 67.0% of it passes AAOIFI, 8.0% passes Usmani. 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 67.0% ratios fail on 13.3% 24.1% not rated under AAOIFI
ratios pass on 8.0% ratios fail on 30.3% 66.2% not rated under Usmani
ratios pass on 57.8% ratios fail on 5.6% 41.1% not rated under Dow Jones Islamic
ratios pass on 57.8% ratios fail on 5.6% 41.1% not rated under S&P Shariah
ratios pass on 33.7% ratios fail on 31.2% 39.5% not rated under MSCI Islamic
ratios pass on 57.8% ratios fail on 5.6% 41.1% not rated under MSCI Islamic M-Series
ratios pass on 41.5% ratios fail on 23.4% 39.5% not rated under FTSE Shariah
34 of 48 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.
| Non-compliant holding | Weight |
|---|---|
| LEN LENNAR CORPORATION | 7.12% |
| LOW LOWE'S COMPANIES, INC. | 4.08% |
| OC OWENS CORNING | 2.35% |
| MTH MERITAGE HOMES CORPORATION | 2.08% |
| KBH KB HOME | 1.45% |
| EXP EAGLE MATERIALS INC. | 1.30% |
| FBIN FORTUNE BRANDS INNOVATIONS, INC. | 1.20% |
| FND FLOOR & DECOR HOLDINGS, INC. | 1.18% |
| MHK MOHAWK INDUSTRIES, INC. | 1.14% |
| GFF GRIFFON CORPORATION | 0.69% |
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.
iShares U.S. Home Construction ETF (ITB) 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 ITB — 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) | 47.20 | NEUTRAL |
| Stochastic %K (14) | 58.82 | NEUTRAL |
| CCI (20) | -19.89 | NEUTRAL |
| Williams %R (14) | -41.18 | NEUTRAL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | -0.71 | SELL |
| Momentum (10) | -0.62 | SELL |
| EMA (10) | 85.57 | BUY |
| SMA (10) | 85.33 | BUY |
| EMA (20) | 86.81 | SELL |
| SMA (20) | 86.90 | SELL |
| EMA (30) | 88.04 | SELL |
| SMA (30) | 87.84 | SELL |
| EMA (50) | 89.91 | SELL |
| SMA (50) | 91.33 | SELL |
| EMA (100) | 92.31 | SELL |
| SMA (100) | 93.89 | SELL |
| EMA (200) | 95.02 | SELL |
| SMA (200) | 95.88 | SELL |
The index measures the performance of the home construction sector of the U.S. equity market, as defined by the index provider. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Still fetching the market-structure read — 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.
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.