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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
MS

MSOSETF / FundAdvisorShares Pure US Cannabis ETF

$3.91 last close 2026-10-23
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Verdicts genuinely change. Free email alert the moment MSOS's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 46% of portfolio weight covered
Fund look-through

AdvisorShares Pure US Cannabis ETF ETF · AdvisorShares Trust

61 holdings · as of 2026-06-30 (3.8 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 At least 18.99% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 24% turns out to be. Matching more holdings can only raise this share, never lower it.

61 holdings, 15 matched (46% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.

0.06% of this portfolio’s income is non-permissible — weighted across holdings, computed over 37% of portfolio weight (5 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.

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 (61)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
CURA.TO CURALEAF HOLDINGS INC NON_COMPLIANT 12.32% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
TRULIEVE CANNABIS CORP UNSCREENED 9.56% no in-house ratios for this holding
BLACKROCK TREASURY TRUST UNSCREENED 5.78% no in-house ratios for this holding
TSNDF TERRASCEND CORP NON_COMPLIANT 2.70% AAOIFI67.7% Usmani43.3% Dow Jones Islamic120.5% S&P Shariah81.3% MSCI Islamic43.3% MSCI Islamic M-Series81.3% FTSE Shariah37.9%
MAREX CAPITAL MARKETS INC. UNSCREENED 2.16% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 1.08% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.94% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
4KF0.F GLASS HOUSE BRANDS INC COMPLIANT 0.93% AAOIFI8.1% Usmani25.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic23.4% MSCI Islamic M-Seriespass FTSE Shariah23.4%
NOMURA SECURITIES INTERNATIONAL, INC. UNSCREENED 0.85% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.78% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.77% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.65% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
COWEN INC. UNSCREENED 0.54% no in-house ratios for this holding
MAREX CAPITAL MARKETS INC. UNSCREENED 0.51% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.44% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.38% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NOMURA SECURITIES INTERNATIONAL, INC. UNSCREENED 0.35% no in-house ratios for this holding
VFF VILLAGE FARMS INTERNATIONAL INC NON_COMPLIANT 0.31% AAOIFI16.8% Usmani9.3% Dow Jones Islamic17.7% S&P Shariah21.5% MSCI Islamic9.3% MSCI Islamic M-Series21.5% FTSE Shariah9.3%
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.25% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NOMURA INTERNATIONAL PLC UNSCREENED 0.24% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.23% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
CANTOR FITZGERALD & CO. UNSCREENED 0.22% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.21% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
COWEN INC. UNSCREENED 0.21% no in-house ratios for this holding
COWEN INC. UNSCREENED 0.18% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.17% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.15% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.11% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NOMURA INTERNATIONAL PLC UNSCREENED 0.09% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.08% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NOMURA INTERNATIONAL PLC UNSCREENED 0.07% no in-house ratios for this holding
NOMURA SECURITIES INTERNATIONAL, INC. UNSCREENED 0.05% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.05% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.05% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.04% no in-house ratios for this holding
COWEN INC. UNSCREENED 0.04% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.04% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.03% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.03% no in-house ratios for this holding
MS MORGAN STANLEY & CO. LLC NON_COMPLIANT 0.02% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
NOMURA INTERNATIONAL PLC UNSCREENED 0.02% no in-house ratios for this holding
COWEN INC. UNSCREENED 0.02% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.01% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.01% no in-house ratios for this holding
CANTOR FITZGERALD & CO. UNSCREENED 0.01% no in-house ratios for this holding
FNT-U.CN FLUENT CORP NON_COMPLIANT 0.01% AAOIFI1096.1% Usmani142.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic94.1% MSCI Islamic M-Seriesfail FTSE Shariah94.1%
COWEN INC. UNSCREENED 0.01% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.01% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.01% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
DREY INST PREF GOV MM-M UNSCREENED 0.00% no in-house ratios for this holding
NOMURA INTERNATIONAL PLC UNSCREENED 0.00% no in-house ratios for this holding
HEMPFUSION WELLNESS INC UNSCREENED 0.00% no in-house ratios for this holding

The published standards disagree about this fund by 13 points of portfolio weight — 13.6% of it passes MSCI Islamic, 0.9% passes AAOIFI. 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 0.9% ratios fail on 19.0% 23.8% not rated under AAOIFI

6 of 61 listed holdings carry our own per-methodology verdicts (20% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 5 (8% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
CURA.TO CURALEAF HOLDINGS INC 12.32%
TSNDF TERRASCEND CORP 2.70%
MS MORGAN STANLEY & CO. LLC 0.94%
MS MORGAN STANLEY & CO. LLC 0.77%
MS MORGAN STANLEY & CO. LLC 0.65%
MS MORGAN STANLEY & CO. LLC 0.38%
VFF VILLAGE FARMS INTERNATIONAL INC 0.31%
MS MORGAN STANLEY & CO. LLC 0.25%
MS MORGAN STANLEY & CO. LLC 0.23%
MS MORGAN STANLEY & CO. LLC 0.21%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 43.5% aligned
VWAPPrice below VWAP ($4.02)
VolumeRelative volume 4.5× the 20-day average
Momentum10-day rate of change -9.9%

AdvisorShares Pure US Cannabis ETF (MSOS) 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.

Market & analysts
Momentum (10d)
-9.9%
rate of change
SMC grade
D · 41
43.5% aligned
D · 41
SMC grade — 43.5% timeframe alignment
-9.9%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for MSOS — this runs off the critical path so the page paints first. It will appear here on its own.

6.695.774.843.922.992025-10-242026-04-272026-10-23

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
3.73
S2
3.87
S1
3.98
PIVOT
4.12
R1
4.23
R2
4.37
R3
4.48

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.

7-day expected range
4.19 – 5.31
±11.85% from 4.75, made 2026-09-14 · resolves 2026-09-21
BUY
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

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.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)35.10NEUTRAL
Stochastic %K (14)21.52NEUTRAL
CCI (20)-89.88NEUTRAL
Williams %R (14)-78.48NEUTRAL
MACD (12,26,9)-0.02SELL
ROC (10)-9.91SELL
Momentum (10)-0.43SELL
EMA (10)4.08SELL
SMA (10)4.03SELL
EMA (20)4.27SELL
SMA (20)4.30SELL
EMA (30)4.39SELL
SMA (30)4.56SELL
EMA (50)4.51SELL
SMA (50)4.68SELL
EMA (100)4.56SELL
SMA (100)4.66SELL
EMA (200)4.47SELL
SMA (200)4.47SELL

About AdvisorShares Pure US Cannabis ETF

The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. It will concentrate at least 25% of its investments in the pharmaceuticals, biotechnology & life sciences industry group within the health care sector. The fund is non-diversified.

Background via Yahoo Finance — informational, not part of the verdict.

Grade 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.

TimeframeBiasBars
📅 Daily RANGING 43
⏰ 4H BEARISH 50
🕐 1H BEARISH 98
⏱ 15-Min RANGING 130
⏲ 5-Min RANGING 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.

-9.9%
Rate of change (10d)
4.5×
Volume vs its 20-day average
-0.24
MACD (no fresh cross)

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.

NEUTRAL   report date 2026-10-20 · Asset managers net 901377 (-14458)

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.