MZCRXETF / FundMuzinich Dynamic Income Fund
Verdicts genuinely change. Free email alert the moment MZCRX'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.
Muzinich Dynamic Income Fund · Professionally Managed Portfolios
372 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 28.58% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 69% turns out to be. Matching more holdings can only raise this share, never lower it.
372 holdings, 129 matched (33% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
8.10% of this portfolio’s income is non-permissible — weighted across holdings, computed over 23% of portfolio weight (91 of 372 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 (372) · showing 251–372
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BEACON MOBILITY CORP | UNSCREENED | 0.19% | no in-house ratios for this holding |
| ALBERTSONS COS/SAFEWAY | UNSCREENED | 0.19% | no in-house ratios for this holding |
| ALDAR PROPERTIES PJSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| ADIENT GLOBAL HOLDINGS | UNSCREENED | 0.19% | no in-house ratios for this holding |
| DISCOVERY HOLDINGS INC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| WLK WESTLAKE CORP | NON_COMPLIANT | 0.19% | AAOIFI63.9% Usmani30.2% Dow Jones Islamic49.2% S&P Shariah43.2% MSCI Islamic30.2% MSCI Islamic M-Series43.2% FTSE Shariah26.1% |
| MAPLE PARENT HLDS CO | UNSCREENED | 0.19% | no in-house ratios for this holding |
| BACARDI LTD / MARTINI BV | UNSCREENED | 0.19% | no in-house ratios for this holding |
| STEDIN HOLDING NV | UNSCREENED | 0.19% | no in-house ratios for this holding |
| PII POLARIS INC | NON_COMPLIANT | 0.18% | AAOIFI47.5% Usmani31.8% Dow Jones Islamic52.1% S&P Shariah45.9% MSCI Islamic31.7% MSCI Islamic M-Series45.9% FTSE Shariah29.5% |
| NEXSTAR MEDIA INC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| GS GOLDMAN SACHS GROUP INC | NON_COMPLIANT | 0.18% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| NEXTERA ENERGY CAPITAL | UNSCREENED | 0.18% | no in-house ratios for this holding |
| COREWEAVE INC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| LNG CHENIERE ENERGY INC | NON_COMPLIANT | 0.18% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| SUN SUNOCO LP | NON_COMPLIANT | 0.18% | AAOIFI104.9% Usmani51.6% Dow Jones Islamic133.3% S&P Shariah140.0% MSCI Islamic49.6% MSCI Islamic M-Series140.0% FTSE Shariah44.5% |
| WTRG ESSENTIAL UTILITIES INC | NON_COMPLIANT | 0.18% | AAOIFI74.1% Usmani42.5% Dow Jones Islamic81.4% S&P Shariah84.9% MSCI Islamic42.5% MSCI Islamic M-Series84.9% FTSE Shariah42.4% |
| AMBER FINCO PLC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| LIFEPOINT HEALTH INC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| STAN.L STANDARD CHARTERED PLC | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FOUNDRY JV HOLDCO LLC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| SPACE EXPLORATION TECH | UNSCREENED | 0.17% | no in-house ratios for this holding |
| WINDFALL MINING GROUP | UNSCREENED | 0.17% | no in-house ratios for this holding |
| TOPBUILD CORP | UNSCREENED | 0.17% | no in-house ratios for this holding |
| AMSTED INDUSTRIES | UNSCREENED | 0.17% | no in-house ratios for this holding |
| BEACON POINT DC LLC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| T AT&T INC | NON_COMPLIANT | 0.17% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
| GENERAL MOTORS FINL CO | UNSCREENED | 0.17% | no in-house ratios for this holding |
| META META PLATFORMS INC | QUESTIONABLE | 0.17% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| TALLGRASS NRG PRTNR/FIN | UNSCREENED | 0.17% | no in-house ratios for this holding |
| VIPER ENERGY PARTNERS LL | UNSCREENED | 0.17% | no in-house ratios for this holding |
| ROGERS COMMUNICATIONS IN | UNSCREENED | 0.17% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.17% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| CABK.MC CAIXABANK SA | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HOWARD HUGHES CORP | UNSCREENED | 0.16% | no in-house ratios for this holding |
| NWG.L NATWEST GROUP PLC | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NORDDEUTSCHE LANDESBANK | UNSCREENED | 0.16% | no in-house ratios for this holding |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 0.16% | AAOIFI67.9% Usmani108.8% Dow Jones Islamic61.9% S&P Shariah60.7% MSCI Islamic108.8% MSCI Islamic M-Series60.7% FTSE Shariah84.8% |
| AERCAP IRELAND CAP/GLOBA | UNSCREENED | 0.16% | no in-house ratios for this holding |
| RADIOTELEVISIONE ITALIAN | UNSCREENED | 0.16% | no in-house ratios for this holding |
| HALEON US CAPITAL LLC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| CLEAR CHANNEL OUTDOOR HO | UNSCREENED | 0.16% | no in-house ratios for this holding |
| ABERTIS FINANCE BV | UNSCREENED | 0.16% | no in-house ratios for this holding |
| EUROB.AT EUROBANK SA | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WILLIAMS SCOTSMAN INC | UNSCREENED | 0.16% | no in-house ratios for this holding |
| HSBA.L HSBC HOLDINGS PLC | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DBK.DE DEUTSCHE BANK AG | NON_COMPLIANT | 0.15% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PERMANENT TSB GROUP | UNSCREENED | 0.15% | no in-house ratios for this holding |
| T AT&T INC | NON_COMPLIANT | 0.15% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
| GLE.PA SOCIETE GENERALE | NON_COMPLIANT | 0.15% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AMERICAN AXLE & MFG INC | UNSCREENED | 0.15% | no in-house ratios for this holding |
| C CITIGROUP INC | NON_COMPLIANT | 0.15% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| CROSSCOUNTRY INTER | UNSCREENED | 0.15% | no in-house ratios for this holding |
| SM SM ENERGY CO | NON_COMPLIANT | 0.15% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| COF CAPITAL ONE FINANCIAL CO | NON_COMPLIANT | 0.15% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| COTY/HFC PRESTIGE/INT US | UNSCREENED | 0.15% | no in-house ratios for this holding |
| KXHCF KIOXIA HOLDINGS CORP | COMPLIANT | 0.14% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WHIRLPOOL CORP | UNSCREENED | 0.14% | no in-house ratios for this holding |
| AZORRA FINANCE | UNSCREENED | 0.14% | no in-house ratios for this holding |
| RHP HOTEL PPTY/RHP FINAN | UNSCREENED | 0.14% | no in-house ratios for this holding |
| DAI-ICHI LIFE INSURANCE | UNSCREENED | 0.14% | no in-house ratios for this holding |
| FORD MOTOR CREDIT CO LLC | UNSCREENED | 0.14% | no in-house ratios for this holding |
| ECPG ENCORE CAPITAL GROUP INC | NON_COMPLIANT | 0.13% | AAOIFI195.4% Usmani72.5% Dow Jones Islamic325.5% S&P Shariah339.1% MSCI Islamic72.5% MSCI Islamic M-Series339.1% FTSE Shariah72.5% |
| AMERICAN AXLE & MFG INC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| ABNB AIRBNB INC | NON_COMPLIANT | 0.13% | AAOIFI2.3% Usmani8.7% Dow Jones Islamic3.1% S&P Shariah3.1% MSCI Islamic8.7% MSCI Islamic M-Series3.1% FTSE Shariah8.6% |
| DISCOVERY HOLDINGS INC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| HOWARD HUGHES CORP | UNSCREENED | 0.13% | no in-house ratios for this holding |
| WTRG ESSENTIAL UTILITIES INC | NON_COMPLIANT | 0.13% | AAOIFI74.1% Usmani42.5% Dow Jones Islamic81.4% S&P Shariah84.9% MSCI Islamic42.5% MSCI Islamic M-Series84.9% FTSE Shariah42.4% |
| HCA INC | UNSCREENED | 0.13% | no in-house ratios for this holding |
| TRUST 2401 | UNSCREENED | 0.13% | no in-house ratios for this holding |
| SNAP SNAP INC | NON_COMPLIANT | 0.13% | AAOIFI46.0% Usmani56.6% Dow Jones Islamic31.4% S&P Shariah26.2% MSCI Islamic56.6% MSCI Islamic M-Series26.2% FTSE Shariah47.3% |
| MTZ MASTEC INC | COMPLIANT | 0.13% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| HP ENTERPRISE CO | UNSCREENED | 0.13% | no in-house ratios for this holding |
| QUIKRETE HOLDINGS INC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| KEHE DIST/FIN / NEXTWAVE | UNSCREENED | 0.12% | no in-house ratios for this holding |
| ITC HOLDINGS CORP | UNSCREENED | 0.12% | no in-house ratios for this holding |
| PARK RIVER HOLDINGS INC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| HSBA.L HSBC HOLDINGS PLC | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| APLD COMPUTECO 3 LLC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| NWG.L NATWEST GROUP PLC | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VIRGIN MEDIA FINANCE PLC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| ENR ENERGIZER HOLDINGS INC | NON_COMPLIANT | 0.11% | AAOIFI233.9% Usmani76.2% Dow Jones Islamic205.2% S&P Shariah194.6% MSCI Islamic76.1% MSCI Islamic M-Series194.6% FTSE Shariah74.0% |
| T AT&T INC | NON_COMPLIANT | 0.11% | AAOIFI92.9% Usmani38.0% Dow Jones Islamic94.4% S&P Shariah107.8% MSCI Islamic38.0% MSCI Islamic M-Series107.8% FTSE Shariah33.6% |
| OAK-EAGLE ACQUIRECO INC | UNSCREENED | 0.11% | no in-house ratios for this holding |
| PFSI PENNYMAC FIN SVCS INC | NON_COMPLIANT | 0.10% | AAOIFI169.1% Usmani21.2% Dow Jones Islamic120.8% S&P Shariah129.5% MSCI Islamic21.2% MSCI Islamic M-Series129.5% FTSE Shariah21.2% |
| CLARIOS GLOBAL LP/US FIN | UNSCREENED | 0.10% | no in-house ratios for this holding |
| NOVELIS CORP | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Q QNITY ELECTRONICS INC | COMPLIANT | 0.10% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| FLS FLOWSERVE CORPORATION | COMPLIANT | 0.10% | AAOIFI23.8% Usmani36.7% Dow Jones Islamic28.9% S&P Shariah32.3% MSCI Islamic36.7% MSCI Islamic M-Series32.3% FTSE Shariah33.8% |
| COMMERCIAL METALS CO | UNSCREENED | 0.10% | no in-house ratios for this holding |
| CNM CORE & MAIN LP | NON_COMPLIANT | 0.10% | AAOIFI33.9% Usmani41.0% Dow Jones Islamic27.6% S&P Shariah28.8% MSCI Islamic41.0% MSCI Islamic M-Series28.8% FTSE Shariah36.5% |
| OAK-EAGLE ACQUIRECO INC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| SINCLAIR TELEVISION GROU | UNSCREENED | 0.09% | no in-house ratios for this holding |
| UAL UNITED AIRLINES HOLDINGS | NON_COMPLIANT | 0.08% | AAOIFI93.1% Usmani39.8% Dow Jones Islamic109.0% S&P Shariah132.3% MSCI Islamic39.8% MSCI Islamic M-Series132.3% FTSE Shariah31.3% |
| HAWAIIAN ELEC CO | UNSCREENED | 0.08% | no in-house ratios for this holding |
| SHELL INTERNATIONAL FIN | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BARRY CALLEBAUT SVCS NV | UNSCREENED | 0.08% | no in-house ratios for this holding |
| HLD EUROPE | UNSCREENED | 0.08% | no in-house ratios for this holding |
| WINTERSHALL DEA FINANCE | UNSCREENED | 0.08% | no in-house ratios for this holding |
| TRITON CONTAINER | UNSCREENED | 0.07% | no in-house ratios for this holding |
| HRI HERC HOLDINGS INC | NON_COMPLIANT | 0.07% | AAOIFI200.8% Usmani69.0% Dow Jones Islamic211.0% S&P Shariah223.1% MSCI Islamic69.0% MSCI Islamic M-Series223.1% FTSE Shariah57.7% |
| ROCKIES EXPRESS PIPELINE | UNSCREENED | 0.07% | no in-house ratios for this holding |
| QXO BUILDING PRODUCTS | UNSCREENED | 0.07% | no in-house ratios for this holding |
| BELDEN INC. | UNSCREENED | 0.07% | no in-house ratios for this holding |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 0.07% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| GARDA WORLD SECURITY | UNSCREENED | 0.07% | no in-house ratios for this holding |
| VENTURE GLOBAL CALCASIEU | UNSCREENED | 0.07% | no in-house ratios for this holding |
| COREWEAVE INC | UNSCREENED | 0.07% | no in-house ratios for this holding |
| LEVEL 3 FINANCING INC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| QXO BUILDING PRODUCTS | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CS.TO CAPSTONE COPPER CORP | COMPLIANT | 0.05% | AAOIFI14.9% Usmani22.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic18.5% MSCI Islamic M-Seriespass FTSE Shariah18.5% |
| YONDR JK 1 LLC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CLEARWAY ENERGY OP LLC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| SNAP SNAP INC | NON_COMPLIANT | 0.05% | AAOIFI46.0% Usmani56.6% Dow Jones Islamic31.4% S&P Shariah26.2% MSCI Islamic56.6% MSCI Islamic M-Series26.2% FTSE Shariah47.3% |
| EQT EQT CORP | COMPLIANT | 0.04% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| XPLR INFRAST OPERATING | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CIPHER COMPUTE LLC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.03% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.02% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 4 points of portfolio weight — 9.0% of it passes FTSE Shariah, 5.3% passes S&P Shariah. 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 5.7% ratios fail on 27.0% 69.6% not rated under AAOIFI
ratios pass on 7.2% ratios fail on 24.9% 70.2% not rated under Usmani
ratios pass on 6.7% ratios fail on 25.6% 69.9% not rated under Dow Jones Islamic
ratios pass on 5.3% ratios fail on 27.1% 69.9% not rated under S&P Shariah
ratios pass on 7.9% ratios fail on 24.2% 70.2% not rated under MSCI Islamic
ratios pass on 5.6% ratios fail on 26.7% 69.9% not rated under MSCI Islamic M-Series
ratios pass on 9.0% ratios fail on 23.2% 70.2% not rated under FTSE Shariah
103 of 372 listed holdings carry our own per-methodology verdicts (34% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 65 (19% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| LLOY.L LLOYDS BANKING GROUP PLC | 0.65% |
| UBSG.SW UBS GROUP AG | 0.58% |
| AKRBP.OL AKER BP ASA | 0.57% |
| 9984.T SOFTBANK GROUP CORP | 0.54% |
| BAMI.MI BANCO BPM SPA | 0.54% |
| ORCL ORACLE CORP | 0.51% |
| DBK.DE DEUTSCHE BANK AG | 0.50% |
| EBS.VI ERSTE GROUP BANK AG | 0.46% |
| CBK.DE COMMERZBANK AG | 0.46% |
| SOF.BR SOFINA SA | 0.46% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Muzinich Dynamic Income Fund (MZCRX) 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 |
|---|---|---|
| First American Treasury Obliganot matched to a ticker | 4.67% | Not screened |
| GALAXY PIPELINE ASSETSnot matched to a ticker | 0.82% | Not screened |
| SPACE EXPLORATION TECHnot matched to a ticker | 0.68% | Not screened |
| LLOY.LLLOYDS BANKING GROUP PLC | 0.65% | Non-compliant |
| INT DISTRIBUTION SERVnot matched to a ticker | 0.62% | Not screened |
| CATHAYLIFE SINGAPOREnot matched to a ticker | 0.60% | Not screened |
| UBSG.SWUBS GROUP AG | 0.58% | Non-compliant |
| AKRBP.OLAKER BP ASA | 0.57% | Non-compliant |
| BHARTIARTL.BOBHARTI AIRTEL LTD | 0.56% | Compliant |
| ARCOS DORADOS BVnot matched to a ticker | 0.55% | Not screened |
Top 10 of 372 holdings, 10.3% 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.
- First American Treasury Obliganot screened4.67%
- GALAXY PIPELINE ASSETSnot screened0.82%
- SPACE EXPLORATION TECHnot screened0.68%
- LLOY.Lnon-compliant0.65%
- INT DISTRIBUTION SERVnot screened0.62%
- CATHAYLIFE SINGAPOREnot screened0.60%
What changed, and when
Verdict history for MZCRX. 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 MZCRX 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
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.