MEFIXETF / FundClearBridge Emerging Markets Fund
Verdicts genuinely change. Free email alert the moment MEFIX'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.
ClearBridge Emerging Markets Fund · Legg Mason Global Asset Management Trust
62 holdings
NON-COMPLIANT 15.46% of portfolio weight is in non-compliant holdings, over the 5% threshold.
62 holdings, 50 matched (88% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
5.25% of this portfolio’s income is non-permissible — weighted across holdings, computed over 82% of portfolio weight (45 of 62 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.
72.9% compliant 0.0% questionable 15.4% non-compliant 11.7% unscreened
All holdings (62)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 16.12% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 12.02% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 000660.KS SK HYNIX INC | COMPLIANT | 10.95% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 4.49% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 2308.TW DELTA ELECTRONICS INC | COMPLIANT | 3.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2454.TW MEDIATEK INC | COMPLIANT | 2.69% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 2.55% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 055550.KS SHINHAN FINANCIAL GROUP COMPANY LTD | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAPITEC BANK HOLDINGS LTD | UNSCREENED | 2.02% | no in-house ratios for this holding |
| HDFC BANK LTDDR | UNSCREENED | 1.93% | no in-house ratios for this holding |
| ICICIBANK.NS ICICI BANK LTD | NON_COMPLIANT | 1.91% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 300750.SZ CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | COMPLIANT | 1.68% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| TITAN.NS TITAN COMPANY LTD | COMPLIANT | 1.66% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| APOLLO HOSPITALS ENTERPRISES LTD | UNSCREENED | 1.57% | no in-house ratios for this holding |
| 002028.SZ SIEYUAN ELECTRIC CO LTD | COMPLIANT | 1.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 3968.HK CHINA MERCHANTS BANK COMPANY LTD | NON_COMPLIANT | 1.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 402340.KS SK SQUARE CO LTD | COMPLIANT | 1.42% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| ANFGF ANTOFAGASTA PLC | COMPLIANT | 1.41% | AAOIFI19.7% Usmani27.4% Dow Jones Islamic19.9% S&P Shariah22.7% MSCI Islamic26.8% MSCI Islamic M-Series22.7% FTSE Shariah26.8% |
| RELIANCE.NS RELIANCE INDUSTRIES LTD | COMPLIANT | 1.37% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2382.TW QUANTA COMPUTER INC | COMPLIANT | 1.26% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ALIBABA GROUP HOLDING-SP ADR | UNSCREENED | 1.20% | no in-house ratios for this holding |
| 2383.TW ELITE MATERIAL COMPANY LTD | COMPLIANT | 1.17% | AAOIFI1.0% Usmani19.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic18.6% MSCI Islamic M-Series— FTSE Shariah18.6% |
| 1120.SR AL RAJHI BANK | NON_COMPLIANT | 1.11% | AAOIFI20.1% Usmani7.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.7% MSCI Islamic M-Seriesfail FTSE Shariah7.7% |
| 267260.KS HD HYUNDAI ELECTRIC CO LTD | COMPLIANT | 1.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| PKO.WA POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA | NON_COMPLIANT | 1.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| M&M.NS MAHINDRA & MAHINDRA LTD | NON_COMPLIANT | 1.03% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GRUPO FINANCIERO BANORTE SAB DE CV | UNSCREENED | 1.00% | no in-house ratios for this holding |
| 1299.HK AIA GROUP LTD | NON_COMPLIANT | 0.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GFI GOLD FIELDS LTD | COMPLIANT | 0.96% | AAOIFI4.5% Usmani33.0% Dow Jones Islamic6.6% S&P Shariah8.0% MSCI Islamic33.0% MSCI Islamic M-Series8.0% FTSE Shariah33.0% |
| 2318.HK PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD | NON_COMPLIANT | 0.93% | AAOIFI155.6% Usmani10.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.4% MSCI Islamic M-Seriesfail FTSE Shariah10.4% |
| WEGE3.SA WEG SA | COMPLIANT | 0.93% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2345.TW ACCTON TECHNOLOGY CORP | COMPLIANT | 0.92% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LEGG MASON PARTNERS INSTITUTIONAL TRUST | UNSCREENED | 0.91% | no in-house ratios for this holding |
| NU NU HOLDINGS LTD | NON_COMPLIANT | 0.89% | AAOIFI2.5% Usmani3.5% Dow Jones Islamic2.6% S&P Shariah2.8% MSCI Islamic3.5% MSCI Islamic M-Series2.8% FTSE Shariah3.5% |
| KOTAKBANK.NS KOTAK MAHINDRA BANK LTD | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BABA ALIBABA GROUP HOLDING LTD | COMPLIANT | 0.86% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| ULTRACEMCO.NS ULTRATECH CEMENT LTD | COMPLIANT | 0.82% | AAOIFI7.1% Usmani17.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic16.8% MSCI Islamic M-Seriespass FTSE Shariah16.8% |
| LOCALIZA RENT A CAR SA | UNSCREENED | 0.82% | no in-house ratios for this holding |
| 300124.SZ SHENZHEN INOVANCE TECHNOLOGY CO LTD | COMPLIANT | 0.80% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 010140.KS SAMSUNG HEAVY INDUSTRIES COMPANY LTD | NON_COMPLIANT | 0.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DR SULAIMAN AL HABIB MEDICAL SERVICES GROUP | UNSCREENED | 0.66% | no in-house ratios for this holding |
| RAIA DROGASIL SA | UNSCREENED | 0.64% | no in-house ratios for this holding |
| 9961.HK TRIP.COM GROUP LTD | NON_COMPLIANT | 0.61% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1211.HK BYD COMPANY LTD | COMPLIANT | 0.58% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | UNSCREENED | 0.55% | no in-house ratios for this holding |
| 7020.SR ETIHAD ETISALAT COMPANY | COMPLIANT | 0.55% | AAOIFI18.8% Usmani30.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic22.2% MSCI Islamic M-Seriespass FTSE Shariah22.2% |
| MELI MERCADOLIBRE INC | COMPLIANT | 0.50% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| BBCA.JK BANK CENTRAL ASIA TBK PT | NON_COMPLIANT | 0.48% | AAOIFI0.3% Usmani0.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.2% MSCI Islamic M-Seriesfail FTSE Shariah0.2% |
| 605499.SS EASTROC BEVERAGE (GROUP) CO LTD | COMPLIANT | 0.44% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0425.HK MINTH GROUP LTD | COMPLIANT | 0.40% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CLCGY CLICKS GROUP LTD | COMPLIANT | 0.40% | AAOIFI9.8% Usmani38.4% Dow Jones Islamic3.2% S&P Shariah3.4% MSCI Islamic19.2% MSCI Islamic M-Series3.4% FTSE Shariah19.2% |
| PRIO SA | UNSCREENED | 0.35% | no in-house ratios for this holding |
| DNP.WA DINO POLSKA SA | COMPLIANT | 0.34% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| JD JD.COM INC | NON_COMPLIANT | 0.30% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| 1133.HK HARBIN ELECTRIC COMPANY LTD | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MMYT MAKEMYTRIP LTD | NON_COMPLIANT | 0.23% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| INTR INTER & CO. INC | NON_COMPLIANT | 0.22% | AAOIFI4.3% Usmani0.2% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic0.2% MSCI Islamic M-Series1.4% FTSE Shariah0.2% |
| EPAM EPAM SYSTEMS INC | COMPLIANT | 0.20% | AAOIFI2.6% Usmani3.3% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic3.3% MSCI Islamic M-Series1.4% FTSE Shariah0.5% |
| GLOB GLOBANT SA | NON_COMPLIANT | 0.17% | AAOIFI23.1% Usmani11.1% Dow Jones Islamic8.3% S&P Shariah6.3% MSCI Islamic11.1% MSCI Islamic M-Series6.3% FTSE Shariah11.1% |
| JD JD.COM INC | NON_COMPLIANT | 0.11% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| 605499.SS EASTROC BEVERAGE (GROUP) CO LTD | COMPLIANT | 0.05% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LOCALIZA RENT A CAR SA | UNSCREENED | 0.04% | no in-house ratios for this holding |
The published standards disagree about this fund by 40 points of portfolio weight — 71.3% of it passes AAOIFI, 31.7% 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 71.3% ratios fail on 15.9% 13.0% not rated under AAOIFI
ratios pass on 41.2% ratios fail on 40.5% 18.5% not rated under Usmani
ratios pass on 64.8% ratios fail on 15.7% 19.7% not rated under Dow Jones Islamic
ratios pass on 66.1% ratios fail on 14.4% 19.7% not rated under S&P Shariah
ratios pass on 31.7% ratios fail on 49.5% 19.1% not rated under MSCI Islamic
ratios pass on 64.4% ratios fail on 16.1% 19.7% not rated under MSCI Islamic M-Series
ratios pass on 39.9% ratios fail on 41.3% 19.1% not rated under FTSE Shariah
47 of 62 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (43% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 055550.KS SHINHAN FINANCIAL GROUP COMPANY LTD | 2.24% |
| ICICIBANK.NS ICICI BANK LTD | 1.91% |
| 3968.HK CHINA MERCHANTS BANK COMPANY LTD | 1.43% |
| 1120.SR AL RAJHI BANK | 1.11% |
| PKO.WA POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA | 1.05% |
| M&M.NS MAHINDRA & MAHINDRA LTD | 1.03% |
| 1299.HK AIA GROUP LTD | 0.97% |
| 2318.HK PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD | 0.93% |
| NU NU HOLDINGS LTD | 0.89% |
| KOTAKBANK.NS KOTAK MAHINDRA BANK LTD | 0.87% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
ClearBridge Emerging Markets Fund (MEFIX) 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.
Screened on its holdings, not its name
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 | 16.12% | Compliant |
| 005930.KSSAMSUNG ELECTRONICS CO LTD | 12.02% | Compliant |
| 000660.KSSK HYNIX INC | 10.95% | Compliant |
| 0700.HKTENCENT HOLDINGS LTD | 4.49% | Compliant |
| 2308.TWDELTA ELECTRONICS INC | 3.06% | Compliant |
| 2454.TWMEDIATEK INC | 2.69% | Compliant |
| TSMTAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 2.55% | Compliant |
| 055550.KSSHINHAN FINANCIAL GROUP COMPANY LTD | 2.24% | Non-compliant |
| CAPITEC BANK HOLDINGS LTDnot matched to a ticker | 2.02% | Not screened |
| HDFC BANK LTDDRnot matched to a ticker | 1.93% | Not screened |
Top 10 of 62 holdings, 58.1% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- 055550.KSnon-compliant2.24%
- CAPITEC BANK HOLDINGS LTDnot screened2.02%
- HDFC BANK LTDDRnot screened1.93%
- ICICIBANK.NSnon-compliant1.91%
- APOLLO HOSPITALS ENTERPRISES LTDnot screened1.57%
- 3968.HKnon-compliant1.43%
What changed, and when
Verdict history for MEFIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for MEFIX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
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.
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) | 34.90 | NEUTRAL |
| Stochastic %K (14) | 11.97 | BUY |
| CCI (20) | -105.63 | BUY |
| Williams %R (14) | -88.03 | BUY |
| MACD (12,26,9) | -0.16 | SELL |
| ROC (10) | -7.50 | SELL |
| Momentum (10) | -1.54 | SELL |
| EMA (10) | 19.36 | SELL |
| SMA (10) | 19.40 | SELL |
| EMA (20) | 19.76 | SELL |
| SMA (20) | 20.01 | SELL |
| EMA (30) | 19.96 | SELL |
| SMA (30) | 20.18 | SELL |
| EMA (50) | 20.14 | SELL |
| SMA (50) | 20.34 | SELL |
| EMA (100) | 20.11 | SELL |
| SMA (100) | 20.49 | SELL |
| EMA (200) | 19.37 | SELL |
| SMA (200) | 19.71 | SELL |
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.
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.
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.