Verdicts genuinely change. Free email alert the moment JARSX'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.
Easterly Global Real Estate Fund · James Alpha Funds Trust
43 holdings
NON-COMPLIANT 66.31% of portfolio weight is in non-compliant holdings, over the 5% threshold.
43 holdings, 37 matched (91% of weight). Portfolio as of 2026-05-31, filed 2026-07-20. Source: SEC Form N-PORT.
2.20% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (34 of 43 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.
23.8% compliant 0.0% questionable 66.3% non-compliant 8.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| EQIX EQUINIX INC | COMPLIANT | 4.93% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| WELL WELLTOWER INC | COMPLIANT | 4.81% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| AHR AMERICAN HEALTHCARE REIT INC | COMPLIANT | 4.37% | AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1% |
| PLD PROLOGIS INC | COMPLIANT | 4.17% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| FIRST INDUSTRIAL REALTY TRUST INC | UNSCREENED | 4.01% | no in-house ratios for this holding |
| GMG.AX GOODMAN GROUP | NON_COMPLIANT | 3.90% | AAOIFI10.2% Usmani18.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic18.2% MSCI Islamic M-Seriesfail FTSE Shariah18.2% |
| NTST NETSTREIT CORP | NON_COMPLIANT | 3.79% | AAOIFI68.1% Usmani46.0% Dow Jones Islamic94.2% S&P Shariah104.2% MSCI Islamic46.0% MSCI Islamic M-Series104.2% FTSE Shariah46.0% |
| KRG KITE REALTY GROUP TRUST | NON_COMPLIANT | 3.74% | AAOIFI54.4% Usmani45.4% Dow Jones Islamic57.1% S&P Shariah59.9% MSCI Islamic45.4% MSCI Islamic M-Series59.9% FTSE Shariah45.4% |
| SPG SIMON PROPERTY GROUP INC | NON_COMPLIANT | 3.72% | AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3% |
| CSH-UN.TO CHARTWELL RETIREMENT RESIDENCES | NON_COMPLIANT | 3.57% | AAOIFI43.9% Usmani59.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.2% MSCI Islamic M-Seriesfail FTSE Shariah59.2% |
| DLR DIGITAL REALTY TRUST INC | COMPLIANT | 3.38% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NXT.AX NEXTDC LTD | NON_COMPLIANT | 3.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMT AMERICAN TOWER CORP | NON_COMPLIANT | 3.16% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GRI.L GRAINGER PLC | NON_COMPLIANT | 3.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| OHI OMEGA HEALTHCARE INVESTORS INC | NON_COMPLIANT | 2.86% | AAOIFI30.5% Usmani42.9% Dow Jones Islamic37.6% S&P Shariah43.5% MSCI Islamic42.9% MSCI Islamic M-Series43.5% FTSE Shariah42.9% |
| UTG.L UNITE GROUP PLC (THE) | NON_COMPLIANT | 2.80% | AAOIFI52.7% Usmani22.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.1% MSCI Islamic M-Seriesfail FTSE Shariah21.1% |
| SGP.AX STOCKLAND TRUST MANAGEMENT LTD | NON_COMPLIANT | 2.59% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LIC.AX LIFESTYLE COMMUNITIES LTD | NON_COMPLIANT | 2.56% | AAOIFI45.6% Usmani24.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic24.0% MSCI Islamic M-Series— FTSE Shariah24.0% |
| IRON MOUNTAIN INC (REIT) | UNSCREENED | 2.37% | no in-house ratios for this holding |
| SUI SUN COMMUNITIES INC | COMPLIANT | 2.13% | AAOIFI50.8% Usmani59.8% Dow Jones Islamic48.7% S&P Shariah50.2% MSCI Islamic59.8% MSCI Islamic M-Series50.2% FTSE Shariah59.8% |
| URW.PA UNIBAIL-RODAMCO-WESTFIELD SE | NON_COMPLIANT | 2.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBOX.L TRITAX BIG BOX REIT PLC | NON_COMPLIANT | 2.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MAA MID-AMERICA APARTMENT COMMUNITIES INC | NON_COMPLIANT | 1.99% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AMH AMERICAN HOMES 4 RENT | NON_COMPLIANT | 1.88% | AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1% |
| COPT DEFENSE PROPERTIES | UNSCREENED | 1.87% | no in-house ratios for this holding |
| REXR REXFORD INDUSTRIAL REALTY INC | NON_COMPLIANT | 1.81% | AAOIFI39.8% Usmani28.1% Dow Jones Islamic38.3% S&P Shariah36.9% MSCI Islamic28.1% MSCI Islamic M-Series36.9% FTSE Shariah28.1% |
| CATE.ST CATENA AB | NON_COMPLIANT | 1.79% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HLTC NATIONAL HEALTHCARE PROPERTIES INC | NON_COMPLIANT | 1.68% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| VGP.BR VGP NV | NON_COMPLIANT | 1.65% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INS.F INSTONE REAL ESTATE GROUP SE | NON_COMPLIANT | 1.61% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CLNX.MC CELLNEX TELECOM SA | NON_COMPLIANT | 1.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VICI VICI PROPERTIES INC | NON_COMPLIANT | 1.54% | AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1% |
| 8985.T JAPAN HOTEL REIT INVESTMENT CORP | NON_COMPLIANT | 1.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| H78.SI HONGKONG LAND HOLDINGS LTD | NON_COMPLIANT | 1.30% | AAOIFI33.7% Usmani15.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic15.3% MSCI Islamic M-Seriesfail FTSE Shariah15.3% |
| 8802.T MITSUBISHI ESTATE CO LTD | NON_COMPLIANT | 1.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3283.T NIPPON PROLOGIS REIT INC | NON_COMPLIANT | 0.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KMP-UN.TO KILLAM APARTMENT REAL ESTATE INVESTMENT TRUST | NON_COMPLIANT | 0.84% | AAOIFI108.0% Usmani42.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic42.1% MSCI Islamic M-Seriesfail FTSE Shariah42.1% |
| 8955.T JAPAN PRIME REALTY INVESTMENT CORP | NON_COMPLIANT | 0.82% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TEG.DE TAG IMMOBILIEN AG | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SGRO.L SEGRO PLC | NON_COMPLIANT | 0.56% | AAOIFI43.5% Usmani31.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.8% MSCI Islamic M-Seriesfail FTSE Shariah30.8% |
| BBH | UNSCREENED | 0.26% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 4 points of portfolio weight — 15.5% of it passes MSCI Islamic, 11.4% 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 13.9% ratios fail on 61.2% 23.5% not rated under AAOIFI
ratios pass on 11.4% ratios fail on 59.7% 27.5% not rated under Usmani
ratios pass on 13.9% ratios fail on 58.6% 26.1% not rated under Dow Jones Islamic
ratios pass on 13.9% ratios fail on 58.6% 26.1% not rated under S&P Shariah
ratios pass on 15.5% ratios fail on 55.3% 27.8% not rated under MSCI Islamic
ratios pass on 13.9% ratios fail on 58.6% 26.1% not rated under MSCI Islamic M-Series
ratios pass on 15.5% ratios fail on 55.3% 27.8% not rated under FTSE Shariah
37 of 43 listed holdings carry our own per-methodology verdicts (90% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 22 (62% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| GMG.AX GOODMAN GROUP | 3.90% |
| NTST NETSTREIT CORP | 3.79% |
| KRG KITE REALTY GROUP TRUST | 3.74% |
| SPG SIMON PROPERTY GROUP INC | 3.72% |
| CSH-UN.TO CHARTWELL RETIREMENT RESIDENCES | 3.57% |
| NXT.AX NEXTDC LTD | 3.37% |
| AMT AMERICAN TOWER CORP | 3.16% |
| GRI.L GRAINGER PLC | 3.05% |
| OHI OMEGA HEALTHCARE INVESTORS INC | 2.86% |
| UTG.L UNITE GROUP PLC (THE) | 2.80% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Easterly Global Real Estate Fund (JARSX) 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 |
|---|---|---|
| EQIXEQUINIX INC | 4.93% | Compliant |
| WELLWELLTOWER INC | 4.81% | Compliant |
| AHRAMERICAN HEALTHCARE REIT INC | 4.37% | Compliant |
| PLDPROLOGIS INC | 4.17% | Compliant |
| FIRST INDUSTRIAL REALTY TRUST INCnot matched to a ticker | 4.01% | Not screened |
| GMG.AXGOODMAN GROUP | 3.90% | Non-compliant |
| NTSTNETSTREIT CORP | 3.79% | Non-compliant |
| KRGKITE REALTY GROUP TRUST | 3.74% | Non-compliant |
| SPGSIMON PROPERTY GROUP INC | 3.72% | Non-compliant |
| CSH-UN.TOCHARTWELL RETIREMENT RESIDENCES | 3.57% | Non-compliant |
Top 10 of 43 holdings, 41.0% 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 JARSX. 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) | 31.80 | NEUTRAL |
| Stochastic %K (14) | 20.79 | NEUTRAL |
| CCI (20) | -74.16 | NEUTRAL |
| Williams %R (14) | -79.21 | NEUTRAL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | -1.45 | SELL |
| Momentum (10) | -0.22 | SELL |
| EMA (10) | 15.01 | SELL |
| SMA (10) | 14.95 | SELL |
| EMA (20) | 15.19 | SELL |
| SMA (20) | 15.17 | SELL |
| EMA (30) | 15.37 | SELL |
| SMA (30) | 15.41 | SELL |
| EMA (50) | 15.62 | SELL |
| SMA (50) | 15.83 | SELL |
| EMA (100) | 15.79 | SELL |
| SMA (100) | 16.07 | SELL |
| EMA (200) | 15.56 | SELL |
| SMA (200) | 15.79 | 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.