Verdicts genuinely change. Free email alert the moment KAT'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.
Scharf ETF ETF · Advisors Series Trust
34 holdings · as of 2026-06-30 (3.4 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.
NON-COMPLIANT 42.93% of portfolio weight is in non-compliant holdings, over the 5% threshold.
34 holdings, 31 matched (93% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
1.40% of this portfolio’s income is non-permissible — weighted across holdings, computed over 91% of portfolio weight (29 of 34 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.
37.8% compliant 12.5% questionable 42.9% non-compliant 6.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UNP Union Pacific Corp | COMPLIANT | 5.60% | AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6% |
| OXY Occidental Petroleum Corp | NON_COMPLIANT | 5.50% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| MKL Markel Group Inc | NON_COMPLIANT | 5.40% | AAOIFI19.3% Usmani6.1% Dow Jones Islamic18.3% S&P Shariah19.5% MSCI Islamic6.1% MSCI Islamic M-Series19.5% FTSE Shariah6.1% |
| AMZN Amazon.com Inc | QUESTIONABLE | 4.54% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| V Visa Inc | COMPLIANT | 4.38% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| BN Brookfield Corp | NON_COMPLIANT | 4.31% | AAOIFI15.8% Usmani2.8% Dow Jones Islamic14.1% S&P Shariah16.0% MSCI Islamic2.8% MSCI Islamic M-Series16.0% FTSE Shariah2.8% |
| CB Chubb Ltd | NON_COMPLIANT | 4.21% | AAOIFI13.3% Usmani6.3% Dow Jones Islamic14.8% S&P Shariah15.8% MSCI Islamic6.3% MSCI Islamic M-Series15.8% FTSE Shariah6.3% |
| MSFT Microsoft Corp | QUESTIONABLE | 4.18% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| MCK McKesson Corp | COMPLIANT | 4.14% | AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5% |
| 005930.KS Samsung Electronics Co Ltd | COMPLIANT | 3.78% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| META Meta Platforms Inc | QUESTIONABLE | 3.75% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| A Agilent Technologies Inc | COMPLIANT | 3.51% | AAOIFI9.3% Usmani28.3% Dow Jones Islamic10.8% S&P Shariah10.7% MSCI Islamic28.3% MSCI Islamic M-Series10.7% FTSE Shariah28.3% |
| CNC Centene Corp | NON_COMPLIANT | 3.45% | AAOIFI50.5% Usmani19.4% Dow Jones Islamic62.6% S&P Shariah53.4% MSCI Islamic19.4% MSCI Islamic M-Series53.4% FTSE Shariah19.4% |
| OTIS Otis Worldwide Corp | NON_COMPLIANT | 3.29% | AAOIFI31.9% Usmani77.4% Dow Jones Islamic25.2% S&P Shariah25.0% MSCI Islamic77.4% MSCI Islamic M-Series25.0% FTSE Shariah73.7% |
| UNH UnitedHealth Group Inc | NON_COMPLIANT | 2.93% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| FNV Franco-Nevada Corp | COMPLIANT | 2.86% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| U-Haul Holding Co | UNSCREENED | 2.72% | no in-house ratios for this holding |
| ADBE Adobe Inc | COMPLIANT | 2.66% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| AON Aon PLC | NON_COMPLIANT | 2.65% | AAOIFI22.9% Usmani29.4% Dow Jones Islamic20.7% S&P Shariah21.9% MSCI Islamic29.4% MSCI Islamic M-Series21.9% FTSE Shariah28.1% |
| First American Treasury Obliga | UNSCREENED | 2.64% | no in-house ratios for this holding |
| ZTS Zoetis Inc | NON_COMPLIANT | 2.54% | AAOIFI29.0% Usmani61.3% Dow Jones Islamic15.4% S&P Shariah14.0% MSCI Islamic61.3% MSCI Islamic M-Series14.0% FTSE Shariah60.0% |
| MRSH Marsh & McLennan Cos Inc | NON_COMPLIANT | 2.28% | AAOIFI24.1% Usmani35.8% Dow Jones Islamic22.1% S&P Shariah22.2% MSCI Islamic35.8% MSCI Islamic M-Series22.2% FTSE Shariah32.7% |
| TMO Thermo Fisher Scientific Inc | COMPLIANT | 2.26% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| SYK Stryker Corp | COMPLIANT | 2.24% | AAOIFI14.6% Usmani32.2% Dow Jones Islamic11.3% S&P Shariah11.8% MSCI Islamic32.2% MSCI Islamic M-Series11.8% FTSE Shariah31.2% |
| CME CME Group Inc | NON_COMPLIANT | 2.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| DIS Walt Disney Co/The | NON_COMPLIANT | 2.05% | AAOIFI25.4% Usmani22.5% Dow Jones Islamic24.6% S&P Shariah25.2% MSCI Islamic22.5% MSCI Islamic M-Series25.2% FTSE Shariah22.5% |
| HSY Hershey Co/The | COMPLIANT | 1.97% | AAOIFI15.8% Usmani39.9% Dow Jones Islamic13.9% S&P Shariah13.9% MSCI Islamic39.4% MSCI Islamic M-Series13.9% FTSE Shariah37.1% |
| LMT Lockheed Martin Corp | NON_COMPLIANT | 1.66% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| SPDR Gold MiniShares Trust | UNSCREENED | 1.46% | no in-house ratios for this holding |
| AOS A O Smith Corp | COMPLIANT | 1.25% | AAOIFI8.5% Usmani18.6% Dow Jones Islamic13.3% S&P Shariah12.8% MSCI Islamic18.6% MSCI Islamic M-Series12.8% FTSE Shariah17.5% |
| 000660.KS SK hynix Inc | COMPLIANT | 1.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NVS Novartis AG | COMPLIANT | 1.06% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| 005930.KS Samsung Electronics Co Ltd | COMPLIANT | 0.93% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| BRK.B Berkshire Hathaway Inc | NON_COMPLIANT | 0.53% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 71.5% of it passes AAOIFI, 48.8% 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 71.5% ratios fail on 19.0% 9.5% not rated under AAOIFI
ratios pass on 56.0% ratios fail on 30.2% 13.8% not rated under Usmani
ratios pass on 66.7% ratios fail on 19.8% 13.4% not rated under Dow Jones Islamic
ratios pass on 70.9% ratios fail on 15.7% 13.4% not rated under S&P Shariah
ratios pass on 48.8% ratios fail on 37.8% 13.4% not rated under MSCI Islamic
ratios pass on 70.9% ratios fail on 15.7% 13.4% not rated under MSCI Islamic M-Series
ratios pass on 55.2% ratios fail on 31.4% 13.4% not rated under FTSE Shariah
29 of 34 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 27 (89% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
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.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Scharf ETF (KAT) 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 KAT — 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) | 56.40 | NEUTRAL |
| Stochastic %K (14) | 92.36 | SELL |
| CCI (20) | 113.43 | SELL |
| Williams %R (14) | -7.64 | SELL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 1.16 | BUY |
| Momentum (10) | 0.66 | BUY |
| EMA (10) | 57.32 | BUY |
| SMA (10) | 57.06 | BUY |
| EMA (20) | 57.37 | BUY |
| SMA (20) | 57.28 | BUY |
| EMA (30) | 57.43 | BUY |
| SMA (30) | 57.59 | BUY |
| EMA (50) | 57.33 | BUY |
| SMA (50) | 57.88 | BUY |
| EMA (100) | 56.81 | BUY |
| SMA (100) | 56.54 | BUY |
| EMA (200) | 56.12 | BUY |
| SMA (200) | 55.95 | BUY |
Under normal market conditions, the fund primarily invests in equity securities that the Adviser believes have significantly more appreciation potential than downside risk over the long term. Equity securities in which the fund may invest include, but are not limited to, common and preferred stock of mid- and large- capitalization companies, rights, and warrants. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Exceptional confluence — high-probability setup
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 42 |
| 🕐 1H | BULLISH | 25 |
| ⏱ 15-Min | BULLISH | 100 |
| ⏲ 5-Min | BULLISH | 234 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
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.