Verdicts genuinely change. Free email alert the moment JOEMX'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.
JOHCM Emerging Markets Opportunities Fund · Perpetual Americas Funds Trust
65 holdings
NON-COMPLIANT 37.31% of portfolio weight is in non-compliant holdings, over the 5% threshold.
65 holdings, 54 matched (86% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
6.36% of this portfolio’s income is non-permissible — weighted across holdings, computed over 73% of portfolio weight (45 of 65 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.
48.0% compliant 0.0% questionable 37.3% non-compliant 14.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 13.22% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 000660.KS SK HYNIX INC | COMPLIANT | 8.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NORTHERN INSTITUTIONAL FUNDS | UNSCREENED | 3.91% | no in-house ratios for this holding |
| 002371.SZ NAURA TECHNOLOGY GROUP CO LTD | COMPLIANT | 3.60% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 3.11% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 0388.HK HONG KONG EXCHANGES AND CLEARING LTD | NON_COMPLIANT | 2.88% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BPAC11.SA BANCO BTG PACTUAL SA | NON_COMPLIANT | 2.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6030.HK CITIC SECURITIES COMPANY LTD | NON_COMPLIANT | 2.55% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NPN.JO NASPERS LTD | NON_COMPLIANT | 2.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2885.TW YUANTA FINANCIAL HOLDING COMPANY LTD | NON_COMPLIANT | 2.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PETR3.SA PETROLEO BRASILEIRO SA | NON_COMPLIANT | 2.15% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FSR.JO FIRSTRAND LTD | NON_COMPLIANT | 2.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| B3SA3.SA B3 - BRASIL BOLSA BALCAO SA | NON_COMPLIANT | 1.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GRUPO FINANCIERO BANORTE SAB DE CV | UNSCREENED | 1.98% | no in-house ratios for this holding |
| AU ANGLOGOLD ASHANTI PLC | COMPLIANT | 1.95% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 2317.TW HON HAI PRECISION INDUSTRY COMPANY LTD | NON_COMPLIANT | 1.93% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MELI MERCADOLIBRE INC | COMPLIANT | 1.91% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| B BARRICK MINING CORP | COMPLIANT | 1.90% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 2628.HK CHINA LIFE INSURANCE COMPANY LTD | NON_COMPLIANT | 1.85% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CEMEX-CEMENTOS MEXICANOS SAB DE CV | UNSCREENED | 1.72% | no in-house ratios for this holding |
| ALDAR PROPERTIES PJSC | UNSCREENED | 1.71% | no in-house ratios for this holding |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 1.69% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 1.68% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| MTN.JO MTN GROUP LTD | NON_COMPLIANT | 1.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| EMAAR.AE EMAAR PROPERTIES PJSC | NON_COMPLIANT | 1.50% | AAOIFI10.8% Usmani6.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.7% MSCI Islamic M-Seriesfail FTSE Shariah5.7% |
| CHT CHUNGHWA TELECOM CO LTD | COMPLIANT | 1.45% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 0857.HK PETROCHINA COMPANY LTD | COMPLIANT | 1.42% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ITUB3.SA ITAU UNIBANCO HOLDING SA | NON_COMPLIANT | 1.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ANKER INNOVATIONS TECHNOLOGY CO LTD | UNSCREENED | 1.32% | no in-house ratios for this holding |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 1.32% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 300750.SZ CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | COMPLIANT | 1.26% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | UNSCREENED | 1.26% | no in-house ratios for this holding |
| 032830.KS SAMSUNG LIFE INSURANCE COMPANY LTD | NON_COMPLIANT | 1.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NTES NETEASE INC | NON_COMPLIANT | 1.01% | AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2% |
| HDFCBANK.NS HDFC BANK LTD | NON_COMPLIANT | 1.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 0.96% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 300274.SZ SUNGROW POWER SUPPLY CO LTD | COMPLIANT | 0.95% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA | UNSCREENED | 0.94% | no in-house ratios for this holding |
| 9961.HK TRIP.COM GROUP LTD | NON_COMPLIANT | 0.92% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ABU DHABI COMMERCIAL BANK PJSC | UNSCREENED | 0.88% | no in-house ratios for this holding |
| 2688.HK ENN ENERGY HOLDINGS LTD | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| RDOR3.SA REDE D'OR SAO LUIZ SA | NON_COMPLIANT | 0.80% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2454.TW MEDIATEK INC | COMPLIANT | 0.72% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1810.HK XIAOMI CORP | COMPLIANT | 0.71% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LT.NS LARSEN & TOUBRO LTD | COMPLIANT | 0.65% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BMRI.JK BANK MANDIRI (PERSERO) TBK PT | NON_COMPLIANT | 0.63% | AAOIFI56.2% Usmani7.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.7% MSCI Islamic M-Seriesfail FTSE Shariah7.7% |
| BILI BILIBILI INC | NON_COMPLIANT | 0.51% | AAOIFI121.1% Usmani19.9% Dow Jones Islamic12.7% S&P Shariah14.7% MSCI Islamic19.9% MSCI Islamic M-Series14.7% FTSE Shariah19.5% |
| MAPI.JK MITRA ADIPERKASA TBK PT | NON_COMPLIANT | 0.47% | AAOIFI34.6% Usmani38.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.7% MSCI Islamic M-Seriesfail FTSE Shariah23.7% |
| 2883.HK CHINA OILFIELD SERVICES LTD | NON_COMPLIANT | 0.44% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 8069.TWO E INK HOLDINGS INC | COMPLIANT | 0.44% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| JSWINFRA.NS JSW INFRASTRUCTURE LTD | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HTHT H WORLD GROUP LTD | NON_COMPLIANT | 0.40% | AAOIFI31.7% Usmani55.7% Dow Jones Islamic3.9% S&P Shariah4.2% MSCI Islamic50.8% MSCI Islamic M-Series4.2% FTSE Shariah9.0% |
| TME TENCENT MUSIC ENTERTAINMENT GROUP | NON_COMPLIANT | 0.37% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ULTRACEMCO.NS ULTRATECH CEMENT LTD | COMPLIANT | 0.35% | AAOIFI7.1% Usmani17.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic16.8% MSCI Islamic M-Seriespass FTSE Shariah16.8% |
| BOLSAA.MX BOLSA MEXICANA DE VALORES SAB DE CV | NON_COMPLIANT | 0.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ARCOS DORADOS HOLDINGS INC | UNSCREENED | 0.30% | no in-house ratios for this holding |
| 0780.HK TONGCHENG TRAVEL HOLDINGS LTD | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| TCS.NS TATA CONSULTANCY SERVICES LTD | COMPLIANT | 0.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| HCLTECH.NS HCL TECHNOLOGIES LTD | COMPLIANT | 0.24% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| M&M.NS MAHINDRA & MAHINDRA LTD | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VAMO3.SA VAMOS LOCACAO DE CAMINHOES MAQUINAS E EQUIPAMENTOS SA | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INFY INFOSYS LTD | COMPLIANT | 0.14% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| 029780.KS SAMSUNG CARD COMPANY LTD | NON_COMPLIANT | 0.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GLOBALTRANS INVESTMENT PLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| GAZPROM PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 16 points of portfolio weight — 42.5% of it passes AAOIFI, 26.3% 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 42.5% ratios fail on 36.9% 19.8% not rated under AAOIFI
ratios pass on 26.8% ratios fail on 46.7% 25.8% not rated under Usmani
ratios pass on 40.2% ratios fail on 35.2% 23.9% not rated under Dow Jones Islamic
ratios pass on 40.2% ratios fail on 35.2% 23.9% not rated under S&P Shariah
ratios pass on 26.3% ratios fail on 47.2% 25.8% not rated under MSCI Islamic
ratios pass on 39.7% ratios fail on 35.8% 23.9% not rated under MSCI Islamic M-Series
ratios pass on 29.9% ratios fail on 43.6% 25.8% not rated under FTSE Shariah
51 of 65 listed holdings carry our own per-methodology verdicts (85% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (25% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 0388.HK HONG KONG EXCHANGES AND CLEARING LTD | 2.88% |
| BPAC11.SA BANCO BTG PACTUAL SA | 2.59% |
| 6030.HK CITIC SECURITIES COMPANY LTD | 2.55% |
| NPN.JO NASPERS LTD | 2.40% |
| 2885.TW YUANTA FINANCIAL HOLDING COMPANY LTD | 2.35% |
| PETR3.SA PETROLEO BRASILEIRO SA | 2.15% |
| FSR.JO FIRSTRAND LTD | 2.14% |
| B3SA3.SA B3 - BRASIL BOLSA BALCAO SA | 1.99% |
| 2317.TW HON HAI PRECISION INDUSTRY COMPANY LTD | 1.93% |
| 2628.HK CHINA LIFE INSURANCE COMPANY LTD | 1.85% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
JOHCM Emerging Markets Opportunities Fund (JOEMX) 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 |
|---|---|---|
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 13.22% | Compliant |
| 000660.KSSK HYNIX INC | 8.08% | Compliant |
| NORTHERN INSTITUTIONAL FUNDSnot matched to a ticker | 3.91% | Not screened |
| 002371.SZNAURA TECHNOLOGY GROUP CO LTD | 3.60% | Compliant |
| 0700.HKTENCENT HOLDINGS LTD | 3.11% | Compliant |
| 0388.HKHONG KONG EXCHANGES AND CLEARING LTD | 2.88% | Non-compliant |
| BPAC11.SABANCO BTG PACTUAL SA | 2.59% | Non-compliant |
| 6030.HKCITIC SECURITIES COMPANY LTD | 2.55% | Non-compliant |
| NPN.JONASPERS LTD | 2.40% | Non-compliant |
| 2885.TWYUANTA FINANCIAL HOLDING COMPANY LTD | 2.35% | Non-compliant |
Top 10 of 65 holdings, 44.7% 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 JOEMX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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) | 51.50 | NEUTRAL |
| Stochastic %K (14) | 60.00 | NEUTRAL |
| CCI (20) | 33.36 | NEUTRAL |
| Williams %R (14) | -40.00 | NEUTRAL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | 1.38 | BUY |
| Momentum (10) | 0.24 | BUY |
| EMA (10) | 17.56 | BUY |
| SMA (10) | 17.50 | BUY |
| EMA (20) | 17.54 | BUY |
| SMA (20) | 17.50 | BUY |
| EMA (30) | 17.54 | BUY |
| SMA (30) | 17.57 | BUY |
| EMA (50) | 17.51 | BUY |
| SMA (50) | 17.52 | BUY |
| EMA (100) | 17.32 | BUY |
| SMA (100) | 17.55 | BUY |
| EMA (200) | 16.65 | BUY |
| SMA (200) | 16.85 | 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.