KSAETF / FundiShares MSCI Saudi Arabia ETF
Verdicts genuinely change. Free email alert the moment KSA'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.
iShares MSCI Saudi Arabia ETF ETF · iShares Trust
120 holdings · as of 2026-08-31 (1.8 months ago)
UNVERIFIED Only 11% of this fund's holdings matched a company we have independently screened — below the 70% floor needed to state a verdict.
120 holdings, 3 matched (11% of weight). Portfolio as of 2026-08-31, filed 2026-10-23. Source: SEC Form N-PORT.
0.58% of this portfolio’s income is non-permissible — weighted across holdings, computed over 11% of portfolio weight (3 of 120 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.
All holdings (120)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AL RAJHI BANKING AND INVESTMENT CORPORATION SJSC | UNSCREENED | 13.98% | no in-house ratios for this holding |
| 2222.SR Saudi Arabian Oil Company | COMPLIANT | 10.83% | AAOIFI5.8% Usmani16.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.2% MSCI Islamic M-Seriespass FTSE Shariah14.2% |
| The Saudi National Bank SJSC | UNSCREENED | 8.77% | no in-house ratios for this holding |
| Saudi Telecom Company SJSC | UNSCREENED | 5.43% | no in-house ratios for this holding |
| Saudi Arabian Mining Company SJSC | UNSCREENED | 4.84% | no in-house ratios for this holding |
| Riyad Bank SJSC | UNSCREENED | 3.21% | no in-house ratios for this holding |
| ALINMA BANK SJSC | UNSCREENED | 2.96% | no in-house ratios for this holding |
| Saudi Basic Industries Corporation SJSC | UNSCREENED | 2.89% | no in-house ratios for this holding |
| ACWA POWER Company SJSC | UNSCREENED | 2.76% | no in-house ratios for this holding |
| Saudi Awwal Bank SJSC | UNSCREENED | 2.70% | no in-house ratios for this holding |
| Banque Saudi Fransi SJSC | UNSCREENED | 2.10% | no in-house ratios for this holding |
| Etihad Etisalat Company SJSC | UNSCREENED | 1.98% | no in-house ratios for this holding |
| Almarai Company SJSC | UNSCREENED | 1.86% | no in-house ratios for this holding |
| SABIC Agri-Nutrients Company SJSC | UNSCREENED | 1.81% | no in-house ratios for this holding |
| Dr. Sulaiman Al Habib Medical Services Group Company | UNSCREENED | 1.61% | no in-house ratios for this holding |
| Arab National Bank SJSC | UNSCREENED | 1.58% | no in-house ratios for this holding |
| BANK ALBILAD SJSC | UNSCREENED | 1.51% | no in-house ratios for this holding |
| ELM COMPANY SJSC | UNSCREENED | 1.20% | no in-house ratios for this holding |
| Saudi Energy Company SJSC | UNSCREENED | 1.14% | no in-house ratios for this holding |
| Bupa Arabia for Cooperative Insurance Company SJSC | UNSCREENED | 1.01% | no in-house ratios for this holding |
| DAR AL ARKAN REAL ESTATE DEVELOPMENT COMPANY SJSC | UNSCREENED | 0.87% | no in-house ratios for this holding |
| Jabal Omar Development Company SJSC | UNSCREENED | 0.82% | no in-house ratios for this holding |
| Jarir Marketing Company SJSC | UNSCREENED | 0.80% | no in-house ratios for this holding |
| The Company for Cooperative Insurance SJSC | UNSCREENED | 0.79% | no in-house ratios for this holding |
| THE SAUDI INVESTMENT BANK SJSC | UNSCREENED | 0.70% | no in-house ratios for this holding |
| Electrical Industries Company JSC | UNSCREENED | 0.68% | no in-house ratios for this holding |
| Makkah Construction and Development Company Sjsc | UNSCREENED | 0.64% | no in-house ratios for this holding |
| Rabigh Refining and Petrochemical Company SJSC | UNSCREENED | 0.61% | no in-house ratios for this holding |
| Bank AlJazira SJSC | UNSCREENED | 0.59% | no in-house ratios for this holding |
| Mouwasat Medical Services Company SJSC | UNSCREENED | 0.51% | no in-house ratios for this holding |
| ADES Holding Company Listed Joint Stock Company | UNSCREENED | 0.50% | no in-house ratios for this holding |
| SAUDI TADAWUL GROUP HOLDING COMPANY SJSC | UNSCREENED | 0.49% | no in-house ratios for this holding |
| SAL Saudi Logistics Services Company SJSC | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Aldrees Petroleum and Transport Services Company SJSC | UNSCREENED | 0.46% | no in-house ratios for this holding |
| Astra Industrial Group Company SJSC | UNSCREENED | 0.43% | no in-house ratios for this holding |
| Rasan Information Technology Company SCJSC | UNSCREENED | 0.42% | no in-house ratios for this holding |
| AL RAJHI COMPANY FOR COOPERATIVE INSURANCE SJSC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| AL MOAMMAR INFORMATION SYSTEMS COMPANY SJSC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| Taiba Investment Company SJSC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| Sahara International Petrochemical Company SJSC | UNSCREENED | 0.39% | no in-house ratios for this holding |
| Mobile Telecommunications Company Saudi Arabia SJSC | UNSCREENED | 0.37% | no in-house ratios for this holding |
| Saudi Industrial Investment Group Company SJSC | UNSCREENED | 0.34% | no in-house ratios for this holding |
| Savola Group Company SJSC | UNSCREENED | 0.33% | no in-house ratios for this holding |
| Power and Water Utility Company for Jubail and Yanbu SJSC | UNSCREENED | 0.31% | no in-house ratios for this holding |
| Dallah Healthcare Company SJSC | UNSCREENED | 0.31% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.30% | no in-house ratios for this holding |
| Arabian Centres Company SJSC | UNSCREENED | 0.29% | no in-house ratios for this holding |
| East Pipes Integrated Company for Industry | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Saudi Chemical Holding Company SJSC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Saudia Dairy & Foodstuff Company SJSC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Seera Holding Group SJSC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| ADVANCED PETROCHEMICAL COMPANY SJSC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Al Nahdi Medical Company SJSC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| National Industrialization Company SJSC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Al Masane Al Kobra Mining Company SJSC | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Jamjoom Pharmaceuticals Factory Company | UNSCREENED | 0.26% | no in-house ratios for this holding |
| CATRION CATERING HOLDING COMPANY SJSC | UNSCREENED | 0.25% | no in-house ratios for this holding |
| National Medical Care Company SJSC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| Arabian Drilling Company SJSC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| National Company for Learning and Education | UNSCREENED | 0.23% | no in-house ratios for this holding |
| Qassim Cement Company SJSC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| flynas Company SJSC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| Saudi Ground Services Company SJSC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| United Electronics Company | UNSCREENED | 0.22% | no in-house ratios for this holding |
| 4020.SR Saudi Real Estate Company SJSC | NON_COMPLIANT | 0.22% | AAOIFI54.0% Usmani35.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.7% MSCI Islamic M-Seriesfail FTSE Shariah32.7% |
| Dr Soliman Abdel Kader Fakeeh Hospital Company SCJSC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Yamama Cement Company SJSC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Retal Urban Development Company SJSC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| YANBU NATIONAL PETROCHEMICAL COMPANY (YANSAB) SJSC | UNSCREENED | 0.21% | no in-house ratios for this holding |
| The National Agricultural Development Company | UNSCREENED | 0.21% | no in-house ratios for this holding |
| National Gas and Industrialization Company Holding | UNSCREENED | 0.20% | no in-house ratios for this holding |
| SAUDI REINSURANCE COMPANY SAUDI JOINT STOCK COMPANY | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Al Rajhi REIT Fund | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Abdullah Al-Othaim Markets Company SJSC | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Saudi Research and Media Group SJSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| Saudi Cement Company SJSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| Knowledge Economic City Company SJSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| Al Hammadi Holding Company SJSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| Leejam Sports Company | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Al-Babtain Power and Telecommunication Company SJSC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Sustained Infrastructure Holding Company SJSC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Emaar The Economic City SJSC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO - ADDWAEIH) S.J.S.C | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Arriyadh Development Company SJSC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Alkhorayef Water and Power Technologies Company SJSC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| United International Transportation Company SJSC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Etihad Go Telecom Co | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Jahez International Company for Information Systems Technology | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Saudi Steel Pipes Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Riyadh Cement Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| BinDawood Holding Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Maharah for Human Resources Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Middle East Healthcare Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Saudi Paper Manufacturing Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Saudi Automotive Services Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Southern Province Cement Company SJSC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Almunajem Foods Company SJSC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Almoosa Health Company SJSC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Saudi Ceramic Company SJSC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Jadwa REIT Saudi Fund | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Yanbu Cement Company SJSC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Specialized Medical Company | UNSCREENED | 0.13% | no in-house ratios for this holding |
| Al Majed for Oud Company SJSC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Derayah Financial Company SJSC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Arabian Cement Company SJSC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Al-Dawaa Medical Services Co | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Bawan Company SJSC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Arabian Contracting Services Company SJSC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| The First Milling Company SJSC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Al-Saif Stores Development and Investment Company SJSC | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Modern Mills Company SJSC | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Advanced Building Industries Co. SJSC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| SAUDI ARABIAN RYAL | UNSCREENED | 0.08% | no in-house ratios for this holding |
| United International Holding Company SJSC | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 2084.SR Miahona Co SCJSC | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Arabian Internet and Communications Services Company SJSC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Saudi Kayan Petrochemical Company SJSC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Ataa Educational Company SJSC | UNSCREENED | 0.04% | no in-house ratios for this holding |
| Middle East Pharmaceutical Industries Company SJSC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| MSCI EMGMKT SEP26 | UNSCREENED | 0.01% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.2 points of portfolio weight.
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 10.8% ratios fail on 0.3% 88.8% not rated under AAOIFI
ratios pass on 10.8% ratios fail on 0.3% 88.8% not rated under Usmani
ratios pass on 10.8% ratios fail on 0.3% 88.8% not rated under Dow Jones Islamic
ratios pass on 10.8% ratios fail on 0.3% 88.8% not rated under S&P Shariah
ratios pass on 11.1% ratios fail on 0.1% 88.8% not rated under MSCI Islamic
ratios pass on 10.8% ratios fail on 0.3% 88.8% not rated under MSCI Islamic M-Series
ratios pass on 11.1% ratios fail on 0.1% 88.8% not rated under FTSE Shariah
3 of 120 listed holdings carry our own per-methodology verdicts (11% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 2 (11% 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.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for KSA — 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.
Price Forecast
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.
Technical Summary
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 24.40 | BUY |
| Stochastic %K (14) | 12.66 | BUY |
| CCI (20) | -119.81 | BUY |
| Williams %R (14) | -87.34 | BUY |
| MACD (12,26,9) | -0.15 | SELL |
| ROC (10) | -4.66 | SELL |
| Momentum (10) | -1.66 | SELL |
| EMA (10) | 34.64 | SELL |
| SMA (10) | 34.71 | SELL |
| EMA (20) | 35.35 | SELL |
| SMA (20) | 35.50 | SELL |
| EMA (30) | 35.84 | SELL |
| SMA (30) | 36.07 | SELL |
| EMA (50) | 36.42 | SELL |
| SMA (50) | 37.06 | SELL |
| EMA (100) | 37.03 | SELL |
| SMA (100) | 37.31 | SELL |
| EMA (200) | 37.36 | SELL |
| SMA (200) | 37.72 | SELL |
About iShares MSCI Saudi Arabia ETF
The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The index is a free float-adjusted market capitalization-weighted index that incorporates foreign ownership limits and is designed to measure the performance of the large-, mid- and small- capitalization segments of the equity market in Saudi Arabia. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
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 | BEARISH | 42 |
| ⏰ 4H | BEARISH | 33 |
| 🕐 1H | BEARISH | 98 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 5-Min | BULLISH | 234 |
Momentum & Volume
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.
Peer Movement
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.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
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.
What does unrated weight mean?
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.
Does the issuer's board make it compliant?
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.
How often is this re-screened?
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.
Compare with
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 Activity (90d)
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
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
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.
BEARISH report date 2026-10-20
AI Summary
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.