Verdicts genuinely change. Free email alert the moment JAJMX'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.
Real Estate Securities Trust · John Hancock Variable Insurance Trust
39 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 43.91% of portfolio weight is in non-compliant holdings, over the 5% threshold.
39 holdings, 27 matched (88% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
0.72% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (23 of 39 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.
44.0% compliant 0.0% questionable 43.7% non-compliant 12.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WELL Welltower Inc. | COMPLIANT | 14.56% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| EQIX Equinix Inc. | COMPLIANT | 10.72% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| PLD Prologis Inc. | COMPLIANT | 9.68% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| SPG Simon Property Group Inc. | NON_COMPLIANT | 6.67% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| PSA Public Storage | NON_COMPLIANT | 4.63% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| ESS Essex Property Trust Inc. | NON_COMPLIANT | 4.48% | AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5% |
| WPC W.P. Carey Inc. | NON_COMPLIANT | 4.35% | AAOIFI52.5% Usmani47.5% Dow Jones Islamic64.6% S&P Shariah69.0% MSCI Islamic47.5% MSCI Islamic M-Series69.0% FTSE Shariah47.5% |
| VTR Ventas Inc. | COMPLIANT | 3.42% | AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8% |
| INVH Invitation Homes Inc. | NON_COMPLIANT | 3.36% | AAOIFI52.4% Usmani46.2% Dow Jones Islamic47.8% S&P Shariah46.8% MSCI Islamic46.2% MSCI Islamic M-Series46.8% FTSE Shariah46.2% |
| UDR UDR Inc. | NON_COMPLIANT | 2.42% | AAOIFI41.8% Usmani54.8% Dow Jones Islamic45.2% S&P Shariah46.9% MSCI Islamic54.8% MSCI Islamic M-Series46.9% FTSE Shariah54.8% |
| EGP Eastgroup Properties Inc. | COMPLIANT | 2.26% | AAOIFI15.0% Usmani29.2% Dow Jones Islamic17.6% S&P Shariah18.6% MSCI Islamic29.2% MSCI Islamic M-Series18.6% FTSE Shariah29.2% |
| MAC The Macerich Company | NON_COMPLIANT | 2.22% | AAOIFI73.6% Usmani56.9% Dow Jones Islamic104.4% S&P Shariah119.9% MSCI Islamic56.9% MSCI Islamic M-Series119.9% FTSE Shariah56.9% |
| DLR Digital Realty Trust Inc. | COMPLIANT | 2.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NTST Netstreit Corp. | NON_COMPLIANT | 1.83% | AAOIFI68.1% Usmani46.0% Dow Jones Islamic94.2% S&P Shariah104.2% MSCI Islamic46.0% MSCI Islamic M-Series104.2% FTSE Shariah46.0% |
| Brookdale Senior Living Inc. | UNSCREENED | 1.74% | no in-house ratios for this holding |
| Broadstone Net Lease Inc. | UNSCREENED | 1.73% | no in-house ratios for this holding |
| Ryman Hospitality Properties Inc. | UNSCREENED | 1.67% | no in-house ratios for this holding |
| CTRE CareTrust REIT Inc. | NON_COMPLIANT | 1.61% | AAOIFI14.0% Usmani20.3% Dow Jones Islamic17.7% S&P Shariah21.9% MSCI Islamic20.3% MSCI Islamic M-Series21.9% FTSE Shariah20.3% |
| PEB Pebblebrook Hotel Trust | NON_COMPLIANT | 1.55% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| OUT OUTFRONT Media Inc. | NON_COMPLIANT | 1.49% | AAOIFI81.0% Usmani78.4% Dow Jones Islamic116.5% S&P Shariah138.2% MSCI Islamic78.4% MSCI Islamic M-Series138.2% FTSE Shariah48.0% |
| CURB Curbline Properties Corp. | NON_COMPLIANT | 1.49% | AAOIFI17.6% Usmani22.7% Dow Jones Islamic23.2% S&P Shariahfail MSCI Islamic22.7% MSCI Islamic M-Seriesfail FTSE Shariah22.7% |
| AMT American Tower Corporation | NON_COMPLIANT | 1.29% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| LXP LXP Industrial Trust | NON_COMPLIANT | 1.29% | AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4% |
| IVT InvenTrust Properties Corp. | NON_COMPLIANT | 1.17% | AAOIFI43.0% Usmani36.1% Dow Jones Islamic48.9% S&P Shariah54.2% MSCI Islamic36.1% MSCI Islamic M-Series54.2% FTSE Shariah36.1% |
| MAR Marriott International Inc. | NON_COMPLIANT | 1.15% | AAOIFI1.6% Usmani4.8% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic4.8% MSCI Islamic M-Series1.8% FTSE Shariah1.7% |
| State Street Bank and Trust Company | UNSCREENED | 1.12% | no in-house ratios for this holding |
| VNO Vornado Realty Trust | NON_COMPLIANT | 1.09% | AAOIFI35.1% Usmani16.7% Dow Jones Islamic37.5% S&P Shariah41.9% MSCI Islamic16.7% MSCI Islamic M-Series41.9% FTSE Shariah16.7% |
| Hudson Pacific Properties Inc. | UNSCREENED | 1.02% | no in-house ratios for this holding |
| National Storage Affiliates Trust | UNSCREENED | 1.00% | no in-house ratios for this holding |
| HLT Hilton Worldwide Holdings Inc. | NON_COMPLIANT | 0.99% | AAOIFI20.0% Usmani82.8% Dow Jones Islamic21.8% S&P Shariah23.8% MSCI Islamic82.8% MSCI Islamic M-Series23.8% FTSE Shariah78.8% |
| SUI Sun Communities Inc. | COMPLIANT | 0.96% | AAOIFI50.8% Usmani59.8% Dow Jones Islamic48.7% S&P Shariah50.2% MSCI Islamic59.8% MSCI Islamic M-Series50.2% FTSE Shariah59.8% |
| Acadia Realty Trust | UNSCREENED | 0.93% | no in-house ratios for this holding |
| JH COLLATERAL | UNSCREENED | 0.89% | no in-house ratios for this holding |
| WULF TeraWulf Inc. | NON_COMPLIANT | 0.84% | AAOIFI35.4% Usmani38.9% Dow Jones Islamic65.9% S&P Shariah91.8% MSCI Islamic38.9% MSCI Islamic M-Series91.8% FTSE Shariah38.6% |
| COPT Defense Properties | UNSCREENED | 0.81% | no in-house ratios for this holding |
| Centerspace | UNSCREENED | 0.72% | no in-house ratios for this holding |
| AHR American Healthcare REIT Inc. | COMPLIANT | 0.54% | AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1% |
| Americold Realty Trust Inc. | UNSCREENED | 0.49% | no in-house ratios for this holding |
| Blackstone Digital Infrastructure Trust Inc. | UNSCREENED | 0.26% | no in-house ratios for this holding |
The published standards disagree about this fund by 48 points of portfolio weight — 47.9% of it passes AAOIFI, 0.0% 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 47.9% ratios fail on 34.3% 18.5% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 63.1% 37.4% not rated under Usmani
ratios pass on 44.4% ratios fail on 37.7% 18.5% not rated under Dow Jones Islamic
ratios pass on 44.4% ratios fail on 37.7% 18.5% not rated under S&P Shariah
ratios pass on 18.4% ratios fail on 62.6% 19.6% not rated under MSCI Islamic
ratios pass on 44.4% ratios fail on 37.7% 18.5% not rated under MSCI Islamic M-Series
ratios pass on 18.4% ratios fail on 62.6% 19.6% not rated under FTSE Shariah
27 of 39 listed holdings carry our own per-methodology verdicts (88% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 26 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| SPG Simon Property Group Inc. | 6.67% |
| PSA Public Storage | 4.63% |
| ESS Essex Property Trust Inc. | 4.48% |
| WPC W.P. Carey Inc. | 4.35% |
| INVH Invitation Homes Inc. | 3.36% |
| UDR UDR Inc. | 2.42% |
| MAC The Macerich Company | 2.22% |
| NTST Netstreit Corp. | 1.83% |
| CTRE CareTrust REIT Inc. | 1.61% |
| PEB Pebblebrook Hotel Trust | 1.55% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Real Estate Securities Trust (JAJMX) 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 |
|---|---|---|
| WELLWelltower Inc. | 14.56% | Compliant |
| EQIXEquinix Inc. | 10.72% | Compliant |
| PLDPrologis Inc. | 9.68% | Compliant |
| SPGSimon Property Group Inc. | 6.67% | Non-compliant |
| PSAPublic Storage | 4.63% | Non-compliant |
| ESSEssex Property Trust Inc. | 4.48% | Non-compliant |
| WPCW.P. Carey Inc. | 4.35% | Non-compliant |
| VTRVentas Inc. | 3.42% | Compliant |
| INVHInvitation Homes Inc. | 3.36% | Non-compliant |
| UDRUDR Inc. | 2.42% | Non-compliant |
Top 10 of 39 holdings, 64.3% 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 JAJMX. 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 6 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) | 44.20 | NEUTRAL |
| Stochastic %K (14) | 70.69 | NEUTRAL |
| CCI (20) | -9.44 | NEUTRAL |
| Williams %R (14) | -29.31 | NEUTRAL |
| MACD (12,26,9) | 0.06 | BUY |
| ROC (10) | 0.37 | BUY |
| Momentum (10) | 0.08 | BUY |
| EMA (10) | 21.78 | BUY |
| SMA (10) | 21.71 | BUY |
| EMA (20) | 21.91 | SELL |
| SMA (20) | 21.85 | SELL |
| EMA (30) | 22.08 | SELL |
| SMA (30) | 22.04 | SELL |
| EMA (50) | 22.34 | SELL |
| SMA (50) | 22.52 | SELL |
| EMA (100) | 22.50 | SELL |
| SMA (100) | 22.92 | SELL |
| EMA (200) | 21.95 | SELL |
| SMA (200) | 22.22 | SELL |
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.