Verdicts genuinely change. Free email alert the moment JSPIX'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.
Jackson Square Large-Cap Growth Fund · Managed Portfolio Series
28 holdings
NON-COMPLIANT At least 9.09% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 39% turns out to be. Matching more holdings can only raise this share, never lower it.
28 holdings, 19 matched (61% of weight). Portfolio as of 2025-10-31, filed 2025-12-23. Source: SEC Form N-PORT.
0.62% of this portfolio’s income is non-permissible — weighted across holdings, computed over 50% of portfolio weight (16 of 28 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NVDA NVIDIA Corp | COMPLIANT | 10.84% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| 670100205 | UNSCREENED | 9.37% | no in-house ratios for this holding |
| 254687106 | UNSCREENED | 8.57% | no in-house ratios for this holding |
| AMZN Amazon.com Inc | QUESTIONABLE | 6.91% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| CyberArk Software Ltd | UNSCREENED | 5.07% | no in-house ratios for this holding |
| US BANK MMDA - USBFS 2 | UNSCREENED | 4.95% | no in-house ratios for this holding |
| AAON AAON Inc | COMPLIANT | 4.31% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CDNS Cadence Design Systems Inc | COMPLIANT | 3.90% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 25243Q205 | UNSCREENED | 3.34% | no in-house ratios for this holding |
| VRT Vertiv Holdings Co | COMPLIANT | 3.28% | AAOIFI3.2% Usmani19.0% Dow Jones Islamic4.5% S&P Shariah5.7% MSCI Islamic19.0% MSCI Islamic M-Series5.7% FTSE Shariah18.5% |
| BA Boeing Co/The | NON_COMPLIANT | 3.22% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| AMD Advanced Micro Devices Inc | COMPLIANT | 3.05% | AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8% |
| MA Mastercard Inc | COMPLIANT | 2.97% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| SPGI S&P Global Inc | COMPLIANT | 2.74% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| 92826C839 | UNSCREENED | 2.69% | no in-house ratios for this holding |
| MEDP Medpace Holdings Inc | COMPLIANT | 2.49% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariah— |
| 043436104 | UNSCREENED | 2.44% | no in-house ratios for this holding |
| CME CME Group Inc | NON_COMPLIANT | 2.21% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WM Waste Management Inc | COMPLIANT | 2.10% | AAOIFI25.8% Usmani50.3% Dow Jones Islamic26.5% S&P Shariah27.9% MSCI Islamic50.3% MSCI Islamic M-Series27.9% FTSE Shariah50.3% |
| WDAY Workday Inc | COMPLIANT | 2.04% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| ISRG Intuitive Surgical Inc | COMPLIANT | 1.98% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NOW ServiceNow Inc | COMPLIANT | 1.95% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| FOUR Shift4 Payments Inc | NON_COMPLIANT | 1.84% | AAOIFI125.9% Usmani52.5% Dow Jones Islamic74.0% S&P Shariah77.0% MSCI Islamic52.5% MSCI Islamic M-Series77.0% FTSE Shariah51.9% |
| IQV IQVIA Holdings Inc | NON_COMPLIANT | 1.82% | AAOIFI36.7% Usmani55.2% Dow Jones Islamic47.8% S&P Shariah44.8% MSCI Islamic54.4% MSCI Islamic M-Series44.8% FTSE Shariah53.4% |
| UBER Uber Technologies Inc | COMPLIANT | 1.80% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| 532457108 | UNSCREENED | 1.66% | no in-house ratios for this holding |
| 75513E101 | UNSCREENED | 1.38% | no in-house ratios for this holding |
| LIN Linde PLC | COMPLIANT | 1.24% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
The published standards disagree about this fund by 10 points of portfolio weight — 47.7% of it passes AAOIFI, 38.0% 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 47.7% ratios fail on 6.9% 45.6% not rated under AAOIFI
ratios pass on 43.4% ratios fail on 8.7% 48.1% not rated under Usmani
ratios pass on 44.7% ratios fail on 9.9% 45.6% not rated under Dow Jones Islamic
ratios pass on 44.7% ratios fail on 9.9% 45.6% not rated under S&P Shariah
ratios pass on 38.0% ratios fail on 16.5% 45.6% not rated under MSCI Islamic
ratios pass on 44.7% ratios fail on 9.9% 45.6% not rated under MSCI Islamic M-Series
ratios pass on 43.4% ratios fail on 8.7% 48.1% not rated under FTSE Shariah
19 of 28 listed holdings carry our own per-methodology verdicts (61% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (48% 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.
Jackson Square Large-Cap Growth Fund (JSPIX) 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 |
|---|---|---|
| NVDANVIDIA Corp | 10.84% | Compliant |
| 670100205not matched to a ticker | 9.37% | Not screened |
| 254687106not matched to a ticker | 8.57% | Not screened |
| AMZNAmazon.com Inc | 6.91% | Questionable |
| CyberArk Software Ltdnot matched to a ticker | 5.07% | Not screened |
| US BANK MMDA - USBFS 2not matched to a ticker | 4.95% | Not screened |
| AAONAAON Inc | 4.31% | Compliant |
| CDNSCadence Design Systems Inc | 3.90% | Compliant |
| 25243Q205not matched to a ticker | 3.34% | Not screened |
| VRTVertiv Holdings Co | 3.28% | Compliant |
Top 10 of 28 holdings, 60.5% 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 JSPIX. 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
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.