Verdicts genuinely change. Free email alert the moment MLORX'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.
Cohen & Steers Future of Energy Fund, Inc. · Cohen & Steers Future of Energy Fund, INC
49 holdings
NON-COMPLIANT 40.32% of portfolio weight is in non-compliant holdings, over the 5% threshold.
49 holdings, 35 matched (90% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.60% of this portfolio’s income is non-permissible — weighted across holdings, computed over 82% of portfolio weight (29 of 49 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.
49.1% compliant 0.0% questionable 40.3% non-compliant 10.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| XOM Exxon Mobil Corp | COMPLIANT | 6.29% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| VLO Valero Energy Corp | COMPLIANT | 5.94% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| SU Suncor Energy Inc | COMPLIANT | 5.92% | AAOIFI13.4% Usmani21.2% Dow Jones Islamic19.8% S&P Shariah21.8% MSCI Islamic16.1% MSCI Islamic M-Series21.8% FTSE Shariah16.1% |
| SLB Ltd | UNSCREENED | 5.54% | no in-house ratios for this holding |
| COP ConocoPhillips | COMPLIANT | 5.48% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| FSLR First Solar Inc | COMPLIANT | 5.09% | AAOIFI0.9% Usmani1.4% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.3% |
| TRP TC Energy Corp | NON_COMPLIANT | 3.67% | AAOIFI2.3% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah3.0% MSCI Islamic1.7% MSCI Islamic M-Series3.0% FTSE Shariah1.3% |
| ORSTED.CO Orsted AS | NON_COMPLIANT | 3.55% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TTE.PA TotalEnergies SE | NON_COMPLIANT | 3.32% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NXT Nextpower Inc | COMPLIANT | 3.10% | AAOIFI0.3% Usmani0.9% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic0.9% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 3.05% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| ET Energy Transfer LP | NON_COMPLIANT | 3.02% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 2.98% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| DVN Devon Energy Corp | COMPLIANT | 2.77% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| CVE Cenovus Energy Inc | COMPLIANT | 2.73% | AAOIFI13.4% Usmani17.3% Dow Jones Islamic23.2% S&P Shariah23.5% MSCI Islamic17.3% MSCI Islamic M-Series23.5% FTSE Shariah17.3% |
| E Eni SpA | NON_COMPLIANT | 2.62% | AAOIFI42.7% Usmani20.8% Dow Jones Islamic28.0% S&P Shariah29.8% MSCI Islamic20.8% MSCI Islamic M-Series29.8% FTSE Shariah20.8% |
| PSX Phillips 66 | NON_COMPLIANT | 2.42% | AAOIFI20.2% Usmani25.1% Dow Jones Islamic36.5% S&P Shariah37.1% MSCI Islamic25.1% MSCI Islamic M-Series37.1% FTSE Shariah25.1% |
| CCJ Cameco Corp | COMPLIANT | 2.37% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| PWR Quanta Services Inc | COMPLIANT | 2.22% | AAOIFI6.9% Usmani23.3% Dow Jones Islamic10.1% S&P Shariah12.1% MSCI Islamic23.3% MSCI Islamic M-Series12.1% FTSE Shariah21.5% |
| FRVO Fervo Energy Co | NON_COMPLIANT | 2.10% | AAOIFI6.3% Usmani9.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic9.6% MSCI Islamic M-Series— FTSE Shariah6.5% |
| MTZ MasTec Inc | COMPLIANT | 2.05% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| ENR.DE Siemens Energy AG | COMPLIANT | 1.98% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FLS Flowserve Corp | COMPLIANT | 1.94% | AAOIFI23.8% Usmani36.7% Dow Jones Islamic28.9% S&P Shariah32.3% MSCI Islamic36.7% MSCI Islamic M-Series32.3% FTSE Shariah33.8% |
| RWE.DE RWE AG | NON_COMPLIANT | 1.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Black Hills Corp | UNSCREENED | 1.87% | no in-house ratios for this holding |
| IBE.MC Iberdrola SA | NON_COMPLIANT | 1.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VPK.AS Koninklijke Vopak NV | NON_COMPLIANT | 1.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VST Vistra Corp | NON_COMPLIANT | 1.51% | AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0% |
| State Street Institutional Treasury Plus Money Market Fund | UNSCREENED | 1.33% | no in-house ratios for this holding |
| ITRI Itron Inc | NON_COMPLIANT | 1.31% | AAOIFI38.7% Usmani41.0% Dow Jones Islamic34.3% S&P Shariah36.7% MSCI Islamic41.0% MSCI Islamic M-Series36.7% FTSE Shariah40.3% |
| AR Antero Resources Corp | NON_COMPLIANT | 1.25% | AAOIFI37.8% Usmani30.3% Dow Jones Islamic42.6% S&P Shariah46.0% MSCI Islamic30.3% MSCI Islamic M-Series46.0% FTSE Shariah17.2% |
| SHLS Shoals Technologies Group Inc | COMPLIANT | 1.22% | AAOIFI13.1% Usmani16.1% Dow Jones Islamic14.4% S&P Shariah11.6% MSCI Islamic16.1% MSCI Islamic M-Series11.6% FTSE Shariah12.5% |
| TGS Transportadora de Gas del Sur SA | NON_COMPLIANT | 1.19% | AAOIFI25.8% Usmani31.7% Dow Jones Islamic11.6% S&P Shariah13.7% MSCI Islamic31.5% MSCI Islamic M-Series13.7% FTSE Shariah31.5% |
| XE X-Energy Inc | NON_COMPLIANT | 1.18% | AAOIFI0.4% Usmani1.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic1.2% MSCI Islamic M-Series— FTSE Shariah0.0% |
| Tamboran Resources Corp | UNSCREENED | 1.10% | no in-house ratios for this holding |
| LEU Centrus Energy Corp | NON_COMPLIANT | 0.92% | AAOIFI33.9% Usmani46.5% Dow Jones Islamic50.7% S&P Shariah66.8% MSCI Islamic46.5% MSCI Islamic M-Series66.8% FTSE Shariah46.5% |
| VG Venture Global Inc | NON_COMPLIANT | 0.82% | AAOIFI137.8% Usmani69.6% Dow Jones Islamic142.4% S&P Shariahfail MSCI Islamic69.2% MSCI Islamic M-Seriesfail FTSE Shariah68.0% |
| State Street Institutional US Government Money Market Fund | UNSCREENED | 0.53% | no in-house ratios for this holding |
| NPWR Net Power Inc | NON_COMPLIANT | 0.17% | AAOIFI0.8% Usmani1.0% Dow Jones Islamic0.4% S&P Shariah0.2% MSCI Islamic1.0% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.02% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| NPWR Net Power Inc | NON_COMPLIANT | 0.00% | AAOIFI0.8% Usmani1.0% Dow Jones Islamic0.4% S&P Shariah0.2% MSCI Islamic1.0% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Brown Brothers Harriman & Co. | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 12 points of portfolio weight — 53.9% of it passes FTSE Shariah, 41.8% passes Dow Jones 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 47.0% ratios fail on 33.0% 19.9% not rated under AAOIFI
ratios pass on 51.9% ratios fail on 27.5% 20.5% not rated under Usmani
ratios pass on 41.8% ratios fail on 32.2% 25.9% not rated under Dow Jones Islamic
ratios pass on 41.8% ratios fail on 32.2% 25.9% not rated under S&P Shariah
ratios pass on 44.9% ratios fail on 34.5% 20.5% not rated under MSCI Islamic
ratios pass on 41.8% ratios fail on 32.2% 25.9% not rated under MSCI Islamic M-Series
ratios pass on 53.9% ratios fail on 25.4% 20.5% not rated under FTSE Shariah
34 of 49 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, 27 (73% 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.
Cohen & Steers Future of Energy Fund, Inc. (MLORX) 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 |
|---|---|---|
| XOMExxon Mobil Corp | 6.29% | Compliant |
| VLOValero Energy Corp | 5.94% | Compliant |
| SUSuncor Energy Inc | 5.92% | Compliant |
| SLB Ltdnot matched to a ticker | 5.54% | Not screened |
| COPConocoPhillips | 5.48% | Compliant |
| FSLRFirst Solar Inc | 5.09% | Compliant |
| TRPTC Energy Corp | 3.67% | Non-compliant |
| ORSTED.COOrsted AS | 3.55% | Non-compliant |
| TTE.PATotalEnergies SE | 3.32% | Non-compliant |
| NXTNextpower Inc | 3.10% | Compliant |
Top 10 of 49 holdings, 47.9% 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 MLORX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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.