MPGVXETF / FundMondrian Global Equity Value Fund
Verdicts genuinely change. Free email alert the moment MPGVX'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.
Mondrian Global Equity Value Fund · GALLERY TRUST
61 holdings
NON-COMPLIANT 43.65% of portfolio weight is in non-compliant holdings, over the 5% threshold.
61 holdings, 52 matched (95% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
1.55% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (45 of 61 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.
41.7% compliant 8.6% questionable 43.7% non-compliant 5.2% unscreened
All holdings (61)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MSFT MICROSOFT CORPORATION | QUESTIONABLE | 3.99% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| MRK MERCK & CO., INC. | COMPLIANT | 3.15% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| TMO THERMO FISHER SCIENTIFIC INCORPORATED | COMPLIANT | 3.13% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| SCHW THE CHARLES SCHWAB CORPORATION | NON_COMPLIANT | 3.03% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| 005930.KS Samsung Electronics Co., Ltd. | COMPLIANT | 2.94% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| GOOG ALPHABET INC. | QUESTIONABLE | 2.93% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| TSM Taiwan Semiconductor Manufacturing Company Limited | COMPLIANT | 2.84% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| LLOY.L LLOYDS BANKING GROUP PLC | NON_COMPLIANT | 2.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MERCK Kommanditgesellschaft auf Aktien | UNSCREENED | 2.58% | no in-house ratios for this holding |
| 6758.T Sony Group Corporation | COMPLIANT | 2.49% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DLTR DOLLAR TREE, INC. | NON_COMPLIANT | 2.41% | AAOIFI33.0% Usmani54.7% Dow Jones Islamic38.6% S&P Shariah35.1% MSCI Islamic54.7% MSCI Islamic M-Series35.1% FTSE Shariah20.9% |
| UNH UNITEDHEALTH GROUP INCORPORATED | NON_COMPLIANT | 2.41% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| SNY SANOFI SA | COMPLIANT | 2.40% | AAOIFI20.8% Usmani14.7% Dow Jones Islamic38.1% S&P Shariah38.6% MSCI Islamic14.7% MSCI Islamic M-Series38.6% FTSE Shariah14.7% |
| CLNX.MC Cellnex Telecom S.A. | NON_COMPLIANT | 2.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PLD PROLOGIS, INC. | COMPLIANT | 2.21% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| BAC BANK OF AMERICA CORPORATION | NON_COMPLIANT | 2.20% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| U11.SI UNITED OVERSEAS BANK LIMITED | NON_COMPLIANT | 2.13% | AAOIFI65.6% Usmani7.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic7.9% MSCI Islamic M-Seriesfail FTSE Shariah7.9% |
| ABF.L ASSOCIATED BRITISH FOODS PLC | COMPLIANT | 2.11% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LSEG.L LONDON STOCK EXCHANGE GROUP PLC | NON_COMPLIANT | 2.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3088.T MatsukiyoCocokara & Co. | COMPLIANT | 1.91% | AAOIFI0.3% Usmani0.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| CRM SALESFORCE, INC. | COMPLIANT | 1.91% | AAOIFI20.9% Usmani38.1% Dow Jones Islamic18.3% S&P Shariah17.8% MSCI Islamic38.1% MSCI Islamic M-Series17.8% FTSE Shariah35.8% |
| BNP.PA BNP PARIBAS SA | NON_COMPLIANT | 1.88% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DG.PA VINCI SA | NON_COMPLIANT | 1.85% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UPM.HE UPM-Kymmene Oyj | COMPLIANT | 1.84% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ENEL - SPA | UNSCREENED | 1.82% | no in-house ratios for this holding |
| TXN TEXAS INSTRUMENTS INCORPORATED | COMPLIANT | 1.81% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| KMTUY KOMATSU LTD. | NON_COMPLIANT | 1.73% | AAOIFI20.8% Usmani23.3% Dow Jones Islamic27.9% S&P Shariah30.2% MSCI Islamic22.1% MSCI Islamic M-Series30.2% FTSE Shariah22.1% |
| META META PLATFORMS, INC. | QUESTIONABLE | 1.72% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| DHL.DE Deutsche Post AG | NON_COMPLIANT | 1.69% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CDW CDW CORPORATION | NON_COMPLIANT | 1.66% | AAOIFI31.3% Usmani34.6% Dow Jones Islamic29.1% S&P Shariah25.6% MSCI Islamic34.6% MSCI Islamic M-Series25.6% FTSE Shariah33.7% |
| 7974.T Nintendo Co., Ltd. | COMPLIANT | 1.60% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CAP.PA CAPGEMINI SE | NON_COMPLIANT | 1.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 9989.T SUNDRUG CO.,LTD. | COMPLIANT | 1.59% | AAOIFI11.2% Usmani10.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic10.1% MSCI Islamic M-Seriespass FTSE Shariah10.1% |
| PEP Pepsico, Inc. | COMPLIANT | 1.59% | AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4% |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 1.56% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| DD DUPONT DE NEMOURS, INC. | COMPLIANT | 1.53% | AAOIFI17.6% Usmani14.8% Dow Jones Islamic12.1% S&P Shariah11.4% MSCI Islamic14.8% MSCI Islamic M-Series11.4% FTSE Shariah14.8% |
| PHIA.AS Koninklijke Philips N.V. | NON_COMPLIANT | 1.50% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1299.HK AIA Group Limited | NON_COMPLIANT | 1.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WDAY WORKDAY, INC. | COMPLIANT | 1.47% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| XOM EXXONMOBIL HOLDINGS CORPORATION | COMPLIANT | 1.40% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| CNH CNH Industrial N.V. | NON_COMPLIANT | 1.38% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| LHX L3HARRIS TECHNOLOGIES, INC. | NON_COMPLIANT | 1.33% | AAOIFI20.0% Usmani22.2% Dow Jones Islamic19.0% S&P Shariah20.8% MSCI Islamic22.2% MSCI Islamic M-Series20.8% FTSE Shariah22.2% |
| 0300.HK Midea Group Co., Ltd. | COMPLIANT | 1.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SYY SYSCO CORPORATION | NON_COMPLIANT | 1.17% | AAOIFI38.2% Usmani54.1% Dow Jones Islamic41.2% S&P Shariah41.9% MSCI Islamic52.7% MSCI Islamic M-Series41.9% FTSE Shariah47.6% |
| RI.PA PERNOD RICARD SA | NON_COMPLIANT | 1.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBRI.JK PT Bank Rakyat Indonesia (Persero) Tbk | NON_COMPLIANT | 1.04% | AAOIFI35.6% Usmani8.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.0% MSCI Islamic M-Seriesfail FTSE Shariah8.0% |
| BABA Alibaba Group Holding Limited | COMPLIANT | 1.03% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| FISV FISERV, INC. | NON_COMPLIANT | 0.99% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| 0700.HK Tencent Holdings Limited | COMPLIANT | 0.88% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NNN REIT, INC. | UNSCREENED | 0.81% | no in-house ratios for this holding |
| HYPE3.SA HYPERA S.A. | NON_COMPLIANT | 0.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ZTS ZOETIS INC. | NON_COMPLIANT | 0.77% | AAOIFI29.0% Usmani61.3% Dow Jones Islamic15.4% S&P Shariah14.0% MSCI Islamic61.3% MSCI Islamic M-Series14.0% FTSE Shariah60.0% |
| RO.SW Roche Holding AG | COMPLIANT | 0.67% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HDFCBANK.NS HDFC BANK LIMITED | NON_COMPLIANT | 0.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AZJ.AX AURIZON HOLDINGS LIMITED | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 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 |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 19 points of portfolio weight — 55.6% of it passes AAOIFI, 36.2% 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 55.6% ratios fail on 38.4% 5.2% not rated under AAOIFI
ratios pass on 36.3% ratios fail on 47.1% 15.8% not rated under Usmani
ratios pass on 48.3% ratios fail on 43.8% 7.1% not rated under Dow Jones Islamic
ratios pass on 50.0% ratios fail on 42.1% 7.1% not rated under S&P Shariah
ratios pass on 36.2% ratios fail on 44.2% 18.7% not rated under MSCI Islamic
ratios pass on 50.0% ratios fail on 42.1% 7.1% not rated under MSCI Islamic M-Series
ratios pass on 43.1% ratios fail on 40.4% 15.8% not rated under FTSE Shariah
52 of 61 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 32 (63% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| SCHW THE CHARLES SCHWAB CORPORATION | 3.03% |
| LLOY.L LLOYDS BANKING GROUP PLC | 2.70% |
| DLTR DOLLAR TREE, INC. | 2.41% |
| UNH UNITEDHEALTH GROUP INCORPORATED | 2.41% |
| CLNX.MC Cellnex Telecom S.A. | 2.40% |
| BAC BANK OF AMERICA CORPORATION | 2.20% |
| U11.SI UNITED OVERSEAS BANK LIMITED | 2.13% |
| LSEG.L LONDON STOCK EXCHANGE GROUP PLC | 2.10% |
| BNP.PA BNP PARIBAS SA | 1.88% |
| DG.PA VINCI SA | 1.85% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Mondrian Global Equity Value Fund (MPGVX) 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 |
|---|---|---|
| MSFTMICROSOFT CORPORATION | 3.99% | Questionable |
| MRKMERCK & CO., INC. | 3.15% | Compliant |
| TMOTHERMO FISHER SCIENTIFIC INCORPORATED | 3.13% | Compliant |
| SCHWTHE CHARLES SCHWAB CORPORATION | 3.03% | Non-compliant |
| 005930.KSSamsung Electronics Co., Ltd. | 2.94% | Compliant |
| GOOGALPHABET INC. | 2.93% | Questionable |
| TSMTaiwan Semiconductor Manufacturing Company Limited | 2.84% | Compliant |
| LLOY.LLLOYDS BANKING GROUP PLC | 2.70% | Non-compliant |
| MERCK Kommanditgesellschaft auf Aktiennot matched to a ticker | 2.58% | Not screened |
| 6758.TSony Group Corporation | 2.49% | Compliant |
Top 10 of 61 holdings, 29.8% 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.
- MSFTquestionable3.99%
- SCHWnon-compliant3.03%
- GOOGquestionable2.93%
- LLOY.Lnon-compliant2.70%
- MERCK Kommanditgesellschaft auf Aktiennot screened2.58%
- DLTRnon-compliant2.41%
What changed, and when
Verdict history for MPGVX. 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 MPGVX 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 2 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) | 49.60 | NEUTRAL |
| Stochastic %K (14) | 27.27 | NEUTRAL |
| CCI (20) | 11.52 | NEUTRAL |
| Williams %R (14) | -72.73 | NEUTRAL |
| MACD (12,26,9) | 0.00 | BUY |
| ROC (10) | -0.78 | SELL |
| Momentum (10) | -0.14 | SELL |
| EMA (10) | 17.84 | SELL |
| SMA (10) | 17.88 | SELL |
| EMA (20) | 17.84 | SELL |
| SMA (20) | 17.81 | BUY |
| EMA (30) | 17.84 | SELL |
| SMA (30) | 17.78 | BUY |
| EMA (50) | 17.81 | BUY |
| SMA (50) | 17.91 | SELL |
| EMA (100) | 17.62 | BUY |
| SMA (100) | 17.65 | BUY |
| EMA (200) | 17.16 | BUY |
| SMA (200) | 17.14 | BUY |
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.