ORBXETF / FundGlobal X Space Tech ETF
Verdicts genuinely change. Free email alert the moment ORBX'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.
Global X Space Tech ETF · GLOBAL X FUNDS
38 holdings · as of 2026-08-31 (2.1 months ago)
NON-COMPLIANT At least 30.56% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 39% turns out to be. Matching more holdings can only raise this share, never lower it.
38 holdings, 25 matched (61% of weight). Portfolio as of 2026-08-31, filed 2026-10-29. Source: SEC Form N-PORT.
3.78% of this portfolio’s income is non-permissible — weighted across holdings, computed over 56% of portfolio weight (21 of 38 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 (38)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| SPACE EXPLORATION TECHNOLOGIES CORP. | UNSCREENED | 21.46% | no in-house ratios for this holding |
| AST SPACEMOBILE, INC. | UNSCREENED | 9.47% | no in-house ratios for this holding |
| RKLB ROCKET LAB CORPORATION | COMPLIANT | 8.65% | AAOIFI0.3% Usmani2.9% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic2.5% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| VSAT VIASAT, INC. | NON_COMPLIANT | 5.59% | AAOIFI66.2% Usmani45.8% Dow Jones Islamic158.7% S&P Shariah186.6% MSCI Islamic45.8% MSCI Islamic M-Series186.6% FTSE Shariah42.6% |
| IRDM IRIDIUM COMMUNICATIONS INC. | NON_COMPLIANT | 5.56% | AAOIFI35.2% Usmani68.6% Dow Jones Islamic56.3% S&P Shariah52.1% MSCI Islamic68.6% MSCI Islamic M-Series52.1% FTSE Shariah68.6% |
| GSAT GLOBALSTAR, INC. | COMPLIANT | 5.23% | AAOIFI3.9% Usmani17.1% Dow Jones Islamic7.3% S&P Shariah8.8% MSCI Islamic17.1% MSCI Islamic M-Series8.8% FTSE Shariah14.7% |
| FLY FIREFLY AEROSPACE INC. | NON_COMPLIANT | 4.26% | AAOIFI0.9% Usmani2.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.9% MSCI Islamic M-Seriesfail FTSE Shariah0.5% |
| MDA SPACE LTD. | UNSCREENED | 4.18% | no in-house ratios for this holding |
| RDW REDWIRE CORPORATION | COMPLIANT | 3.94% | AAOIFI3.2% Usmani4.5% Dow Jones Islamic6.0% S&P Shariah8.2% MSCI Islamic4.4% MSCI Islamic M-Series8.2% FTSE Shariah2.5% |
| LUNR INTUITIVE MACHINES, INC. | NON_COMPLIANT | 3.89% | AAOIFI12.7% Usmani22.8% Dow Jones Islamic34.8% S&P Shariah45.6% MSCI Islamic22.8% MSCI Islamic M-Series45.6% FTSE Shariah17.8% |
| SESG.PA SES SA | NON_COMPLIANT | 3.80% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PL PLANET LABS PBC | COMPLIANT | 3.78% | AAOIFI0.8% Usmani3.5% Dow Jones Islamic1.0% S&P Shariah1.4% MSCI Islamic3.5% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| AVIO.MI AVIO S.P.A. | NON_COMPLIANT | 2.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| YSS York Space Systems Inc | NON_COMPLIANT | 1.78% | AAOIFI8.8% Usmani8.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic8.6% MSCI Islamic M-Series— FTSE Shariah7.1% |
| BKSY BLACKSKY TECHNOLOGY INC. | COMPLIANT | 1.46% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 186A.T Astroscale Holdings Inc. | NON_COMPLIANT | 1.27% | AAOIFI6.4% Usmani42.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.9% MSCI Islamic M-Seriesfail FTSE Shariah32.9% |
| GILT GILAT SATELLITE NETWORKS LTD. | UNRATED | 1.24% | AAOIFI1.3% Usmani1.1% Dow Jones Islamic1.1% S&P Shariah1.4% MSCI Islamic1.1% MSCI Islamic M-Series1.4% FTSE Shariah0.3% |
| FEIM FREQUENCY ELECTRONICS, INC. | COMPLIANT | 1.04% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Satellogic Inc. | UNSCREENED | 1.04% | no in-house ratios for this holding |
| FLTCF FILTRONIC PLC | COMPLIANT | 1.02% | AAOIFI1.2% Usmani17.3% Dow Jones Islamic1.6% S&P Shariah2.2% MSCI Islamic8.7% MSCI Islamic M-Series2.2% FTSE Shariah8.7% |
| 290A.T Synspective Inc. | COMPLIANT | 0.99% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SPIR SPIRE GLOBAL, INC. | COMPLIANT | 0.85% | AAOIFI2.0% Usmani4.3% Dow Jones Islamic2.0% S&P Shariah2.2% MSCI Islamic4.3% MSCI Islamic M-Series2.2% FTSE Shariah0.0% |
| QPS Holdings Inc | UNSCREENED | 0.85% | no in-house ratios for this holding |
| A31.SI ADDVALUE TECHNOLOGIES LTD | COMPLIANT | 0.69% | AAOIFI0.0% Usmani0.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.3% MSCI Islamic M-Seriespass FTSE Shariah0.3% |
| INTELLIAN TECHNOLOGIES Inc. | UNSCREENED | 0.65% | no in-house ratios for this holding |
| OVZON.ST Ovzon AB (publ) | COMPLIANT | 0.64% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SatrecInitiativeCo.,Ltd. | UNSCREENED | 0.62% | no in-house ratios for this holding |
| CRI.WA Creotech Instruments SA | COMPLIANT | 0.61% | AAOIFI0.9% Usmani12.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic6.3% MSCI Islamic M-Seriespass FTSE Shariah6.3% |
| SPCE VIRGIN GALACTIC HOLDINGS, INC. | NON_COMPLIANT | 0.60% | AAOIFI46.2% Usmani26.8% Dow Jones Islamic105.8% S&P Shariah68.0% MSCI Islamic26.8% MSCI Islamic M-Series68.0% FTSE Shariah26.8% |
| 9348.T ispace, inc. | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TSAT Telesat Corporation | NON_COMPLIANT | 0.45% | AAOIFI114.5% Usmani52.9% Dow Jones Islamic183.3% S&P Shariah231.4% MSCI Islamic52.9% MSCI Islamic M-Series231.4% FTSE Shariah52.9% |
| SIDU Sidus Space Inc | NON_COMPLIANT | 0.35% | AAOIFI0.5% Usmani0.6% Dow Jones Islamic289.3% S&P Shariah182.4% MSCI Islamic0.6% MSCI Islamic M-Series182.4% FTSE Shariah0.0% |
| Axelspace Holdings Corporation | UNSCREENED | 0.27% | no in-house ratios for this holding |
| INNOSPACE Co.,Ltd. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| APT SATELLITE HOLDINGS LIMITED | UNSCREENED | 0.19% | no in-house ratios for this holding |
| CONTEC.,CO.LTD | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Lumir Inc. | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BANK OF NEW YORK | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 17 points of portfolio weight — 26.8% of it passes AAOIFI, 9.8% 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 26.8% ratios fail on 30.6% 42.5% not rated under AAOIFI
ratios pass on 16.5% ratios fail on 39.9% 43.4% not rated under Usmani
ratios pass on 22.8% ratios fail on 32.7% 44.3% not rated under Dow Jones Islamic
ratios pass on 22.8% ratios fail on 32.7% 44.3% not rated under S&P Shariah
ratios pass on 9.8% ratios fail on 45.4% 44.7% not rated under MSCI Islamic
ratios pass on 22.8% ratios fail on 32.7% 44.3% not rated under MSCI Islamic M-Series
ratios pass on 16.5% ratios fail on 39.9% 43.4% not rated under FTSE Shariah
25 of 38 listed holdings carry our own per-methodology verdicts (61% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 18 (50% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| VSAT VIASAT, INC. | 5.59% |
| IRDM IRIDIUM COMMUNICATIONS INC. | 5.56% |
| FLY FIREFLY AEROSPACE INC. | 4.26% |
| LUNR INTUITIVE MACHINES, INC. | 3.89% |
| SESG.PA SES SA | 3.80% |
| AVIO.MI AVIO S.P.A. | 2.43% |
| YSS York Space Systems Inc | 1.78% |
| 186A.T Astroscale Holdings Inc. | 1.27% |
| SPCE VIRGIN GALACTIC HOLDINGS, INC. | 0.60% |
| 9348.T ispace, inc. | 0.58% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Global X Space Tech ETF (ORBX) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for ORBX — this runs off the critical path so the page paints first. It will appear here on its own.
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.
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) | 40.10 | NEUTRAL |
| Stochastic %K (14) | 25.25 | NEUTRAL |
| CCI (20) | -74.20 | NEUTRAL |
| Williams %R (14) | -74.75 | NEUTRAL |
| MACD (12,26,9) | 0.00 | BUY |
| ROC (10) | 0.19 | BUY |
| Momentum (10) | 0.07 | BUY |
| EMA (10) | 37.14 | SELL |
| SMA (10) | 37.13 | SELL |
| EMA (20) | 38.16 | SELL |
| SMA (20) | 38.06 | SELL |
| EMA (30) | 39.06 | SELL |
| SMA (30) | 39.72 | SELL |
| EMA (50) | 40.64 | SELL |
| SMA (50) | 40.76 | SELL |
| EMA (100) | 45.13 | SELL |
| SMA (100) | 43.68 | SELL |
| EMA (200) | 48.47 | SELL |
About Global X Space Tech ETF
The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in the securities of the underlying index, which may include common stocks, American Depositary Receipts ("ADRs"), and Global Depositary Receipts (“GDRs”). The underlying index is owned and was developed by Global X Management Company LLC (the “index provider”), the fund's investment adviser and an affiliate of the fund. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 41 |
| 🕐 1H | BULLISH | 38 |
| ⏱ 15-Min | BEARISH | 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.
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 2026-10-27 · Asset managers net 923449 (+22072)
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.