Verdicts genuinely change. Free email alert the moment OIH'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.
VanEck Oil Services ETF ETF · VanEck ETF Trust
26 holdings · as of 2026-06-30 (3.5 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 38.84% of portfolio weight is in non-compliant holdings, over the 5% threshold.
26 holdings, 21 matched (74% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
0.62% of this portfolio’s income is non-permissible — weighted across holdings, computed over 62% of portfolio weight (20 of 26 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.
35.0% compliant 0.0% questionable 38.8% non-compliant 26.2% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| SLB Ltd | UNSCREENED | 19.00% | no in-house ratios for this holding |
| BKR Baker Hughes Co | NON_COMPLIANT | 11.86% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FTI TechnipFMC PLC | COMPLIANT | 6.96% | AAOIFI3.9% Usmani12.0% Dow Jones Islamic6.3% S&P Shariah7.5% MSCI Islamic11.2% MSCI Islamic M-Series7.5% FTSE Shariah3.9% |
| HAL Halliburton Co | COMPLIANT | 6.45% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| Solaris Energy Infrastructure Inc | UNSCREENED | 5.20% | no in-house ratios for this holding |
| TS Tenaris SA | COMPLIANT | 5.12% | AAOIFI1.2% Usmani1.5% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.5% MSCI Islamic M-Series0.7% FTSE Shariah1.5% |
| WFRD Weatherford International PLC | COMPLIANT | 4.24% | AAOIFI26.7% Usmani33.0% Dow Jones Islamic29.9% S&P Shariah26.6% MSCI Islamic31.8% MSCI Islamic M-Series26.6% FTSE Shariah29.0% |
| RIG Transocean Ltd | NON_COMPLIANT | 4.15% | AAOIFI78.3% Usmani33.8% Dow Jones Islamic118.5% S&P Shariah113.6% MSCI Islamic33.8% MSCI Islamic M-Series113.6% FTSE Shariah33.8% |
| NE Noble Corp PLC | NON_COMPLIANT | 3.96% | AAOIFI25.8% Usmani26.4% Dow Jones Islamic36.9% S&P Shariah35.9% MSCI Islamic26.1% MSCI Islamic M-Series35.9% FTSE Shariah26.1% |
| LBRT Liberty Energy Inc | NON_COMPLIANT | 3.65% | AAOIFI40.1% Usmani35.9% Dow Jones Islamic44.1% S&P Shariah43.7% MSCI Islamic30.1% MSCI Islamic M-Series43.7% FTSE Shariah28.8% |
| NOV NOV Inc | NON_COMPLIANT | 3.60% | AAOIFI27.3% Usmani21.0% Dow Jones Islamic35.8% S&P Shariah33.5% MSCI Islamic18.7% MSCI Islamic M-Series33.5% FTSE Shariah15.4% |
| OII Oceaneering International Inc | NON_COMPLIANT | 3.25% | AAOIFI16.3% Usmani30.6% Dow Jones Islamic28.6% S&P Shariah30.5% MSCI Islamic30.6% MSCI Islamic M-Series30.5% FTSE Shariah18.2% |
| VAL Valaris Ltd | COMPLIANT | 3.10% | AAOIFI18.9% Usmani21.4% Dow Jones Islamic27.9% S&P Shariah26.0% MSCI Islamic21.4% MSCI Islamic M-Series26.0% FTSE Shariah20.0% |
| PTEN Patterson-UTI Energy Inc | NON_COMPLIANT | 2.89% | AAOIFI27.0% Usmani23.9% Dow Jones Islamic43.7% S&P Shariah40.1% MSCI Islamic23.8% MSCI Islamic M-Series40.1% FTSE Shariah23.0% |
| WHD Cactus Inc | COMPLIANT | 2.82% | AAOIFI0.8% Usmani2.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| HP Helmerich & Payne Inc | NON_COMPLIANT | 2.51% | AAOIFI42.0% Usmani29.6% Dow Jones Islamic66.3% S&P Shariah61.7% MSCI Islamic29.6% MSCI Islamic M-Series61.7% FTSE Shariah29.6% |
| WTTR Select Water Solutions Inc | COMPLIANT | 2.28% | AAOIFI11.6% Usmani16.3% Dow Jones Islamic17.0% S&P Shariah19.1% MSCI Islamic16.3% MSCI Islamic M-Series19.1% FTSE Shariah14.5% |
| TDW Tidewater Inc | COMPLIANT | 2.25% | AAOIFI13.9% Usmani27.6% Dow Jones Islamic21.4% S&P Shariah18.9% MSCI Islamic27.6% MSCI Islamic M-Series18.9% FTSE Shariah27.6% |
| PUMP ProPetro Holding Corp | NON_COMPLIANT | 1.55% | AAOIFI60.7% Usmani41.6% Dow Jones Islamic82.3% S&P Shariah84.4% MSCI Islamic41.5% MSCI Islamic M-Series84.4% FTSE Shariah38.7% |
| NBR Nabors Industries Ltd | NON_COMPLIANT | 1.22% | AAOIFI154.2% Usmani48.2% Dow Jones Islamic251.0% S&P Shariah247.4% MSCI Islamic48.2% MSCI Islamic M-Series247.4% FTSE Shariah48.0% |
| Helix Energy Solutions Group Inc | UNSCREENED | 1.05% | no in-house ratios for this holding |
| INVX Innovex International Inc | COMPLIANT | 0.92% | AAOIFI3.5% Usmani7.5% Dow Jones Islamic5.5% S&P Shariah6.5% MSCI Islamic5.6% MSCI Islamic M-Series6.5% FTSE Shariah1.9% |
| EXPRO GROUP HOLDINGS NV | UNSCREENED | 0.91% | no in-house ratios for this holding |
| RES RPC Inc | COMPLIANT | 0.86% | AAOIFI1.4% Usmani1.5% Dow Jones Islamic1.6% S&P Shariah1.5% MSCI Islamic1.4% MSCI Islamic M-Series1.5% FTSE Shariah0.0% |
| CLB Core Laboratories Inc | NON_COMPLIANT | 0.20% | AAOIFI28.7% Usmani28.1% Dow Jones Islamic23.7% S&P Shariah21.7% MSCI Islamic28.1% MSCI Islamic M-Series21.7% FTSE Shariah19.4% |
| State Street Global Advisors | UNSCREENED | 0.01% | no in-house ratios for this holding |
The published standards disagree about this fund by 26 points of portfolio weight — 39.1% of it passes AAOIFI, 12.9% 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 39.1% ratios fail on 13.1% 47.8% not rated under AAOIFI
ratios pass on 37.4% ratios fail on 14.8% 47.8% not rated under Usmani
ratios pass on 12.9% ratios fail on 27.8% 59.4% not rated under Dow Jones Islamic
ratios pass on 23.6% ratios fail on 23.5% 52.9% not rated under S&P Shariah
ratios pass on 30.9% ratios fail on 19.0% 50.1% not rated under MSCI Islamic
ratios pass on 19.3% ratios fail on 27.8% 52.9% not rated under MSCI Islamic M-Series
ratios pass on 35.9% ratios fail on 11.2% 52.9% not rated under FTSE Shariah
21 of 26 listed holdings carry our own per-methodology verdicts (74% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (62% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BKR Baker Hughes Co | 11.86% |
| RIG Transocean Ltd | 4.15% |
| NE Noble Corp PLC | 3.96% |
| LBRT Liberty Energy Inc | 3.65% |
| NOV NOV Inc | 3.60% |
| OII Oceaneering International Inc | 3.25% |
| PTEN Patterson-UTI Energy Inc | 2.89% |
| HP Helmerich & Payne Inc | 2.51% |
| PUMP ProPetro Holding Corp | 1.55% |
| NBR Nabors Industries Ltd | 1.22% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
VanEck Oil Services ETF (OIH) 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.
Computing the full ratio and business-activity breakdown for OIH — this runs off the critical path so the page paints first. It will appear here on its own.
| Investor | Firm | Position | Weight | As of |
|---|---|---|---|---|
| Ken Fisher | Fisher Asset Management | $0M | 0.0% | 2026-06-30 |
From the most recent 13F on file. A 13F reports long US equity positions quarterly and in arrears — it is what a manager held on the report date, not what they hold today.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 36.70 | NEUTRAL |
| Stochastic %K (14) | 26.08 | NEUTRAL |
| CCI (20) | -152.98 | BUY |
| Williams %R (14) | -73.92 | NEUTRAL |
| MACD (12,26,9) | -0.11 | SELL |
| ROC (10) | -1.19 | SELL |
| Momentum (10) | -4.53 | SELL |
| EMA (10) | 385.58 | SELL |
| SMA (10) | 386.37 | SELL |
| EMA (20) | 390.12 | SELL |
| SMA (20) | 388.36 | SELL |
| EMA (30) | 393.52 | SELL |
| SMA (30) | 397.91 | SELL |
| EMA (50) | 396.83 | SELL |
| SMA (50) | 404.64 | SELL |
| EMA (100) | 396.19 | SELL |
| SMA (100) | 399.04 | SELL |
| EMA (200) | 377.83 | SELL |
| SMA (200) | 392.78 | SELL |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 43 |
| ⏰ 4H | BEARISH | 39 |
| 🕐 1H | RANGING | 98 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 234 |
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.
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.
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.
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
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 2026-10-06 · Asset managers net 906615 (+2612)
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.