Verdicts genuinely change. Free email alert the moment PCCE'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.
Polen Capital China Growth ETF · LITMAN GREGORY FUNDS TRUST
38 holdings
NON-COMPLIANT 31.41% of portfolio weight is in non-compliant holdings, over the 5% threshold.
38 holdings, 30 matched (82% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
6.91% of this portfolio’s income is non-permissible — weighted across holdings, computed over 82% of portfolio weight (30 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.
46.6% compliant 0.0% questionable 31.4% non-compliant 16.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 0700.HK Tencent Holdings Ltd | COMPLIANT | 9.56% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Shandong Sinocera Functional Material Co Ltd | UNSCREENED | 6.87% | no in-house ratios for this holding |
| 300750.SZ Contemporary Amperex Technology Co Ltd | COMPLIANT | 6.73% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0388.HK Hong Kong Exchanges & Clearing Ltd | NON_COMPLIANT | 6.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 688008.SS Montage Technology Co Ltd | COMPLIANT | 5.74% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BABA Alibaba Group Holding Ltd | COMPLIANT | 4.97% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 1299.HK AIA Group Ltd | NON_COMPLIANT | 4.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NTES NetEase Inc | NON_COMPLIANT | 3.50% | AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2% |
| 2318.HK Ping An Insurance Group Co of China Ltd | NON_COMPLIANT | 3.36% | AAOIFI155.6% Usmani10.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.4% MSCI Islamic M-Seriesfail FTSE Shariah10.4% |
| BIDU Baidu Inc | NON_COMPLIANT | 3.25% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| China Resources Mixc Lifestyle Services Ltd | UNSCREENED | 2.78% | no in-house ratios for this holding |
| 300476.SZ Victory Giant Technology Huizhou Co Ltd | COMPLIANT | 2.59% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2423.HK KE Holdings Inc | NON_COMPLIANT | 2.47% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AK Medical Holdings Ltd | UNSCREENED | 2.45% | no in-house ratios for this holding |
| 300124.SZ Shenzhen Inovance Technology Co Ltd | COMPLIANT | 2.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1308.HK SITC International Holdings Co Ltd | COMPLIANT | 2.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2359.HK WuXi AppTec Co Ltd | COMPLIANT | 1.90% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 600276.SS Jiangsu Hengrui Pharmaceuticals Co Ltd | COMPLIANT | 1.88% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0823.HK Link REIT | NON_COMPLIANT | 1.74% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TME Tencent Music Entertainment Group | NON_COMPLIANT | 1.73% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 2020.HK ANTA Sports Products Ltd | COMPLIANT | 1.52% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9961.HK Trip.com Group Ltd | NON_COMPLIANT | 1.41% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1211.HK BYD Co Ltd | COMPLIANT | 1.37% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Foshan Haitian Flavouring & Food Co Ltd | UNSCREENED | 1.33% | no in-house ratios for this holding |
| HTHT H World Group Ltd | NON_COMPLIANT | 1.21% | AAOIFI31.7% Usmani55.7% Dow Jones Islamic3.9% S&P Shariah4.2% MSCI Islamic50.8% MSCI Islamic M-Series4.2% FTSE Shariah9.0% |
| 300012.SZ Centre Testing International Group Co Ltd | COMPLIANT | 1.16% | AAOIFI1.5% Usmani6.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.8% MSCI Islamic M-Seriespass FTSE Shariah3.8% |
| ONC BeOne Medicines Ltd | COMPLIANT | 1.12% | AAOIFI2.8% Usmani12.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic12.5% MSCI Islamic M-Series0.3% FTSE Shariah11.7% |
| 600887.SS Inner Mongolia Yili Industrial Group Co Ltd | COMPLIANT | 1.09% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Sino Wealth Electronic Ltd | UNSCREENED | 1.07% | no in-house ratios for this holding |
| 1801.HK Innovent Biologics Inc | COMPLIANT | 0.98% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 3692.HK Hansoh Pharmaceutical Group Co Ltd | NON_COMPLIANT | 0.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1810.HK Xiaomi Corp | COMPLIANT | 0.96% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6690.HK Haier Smart Home Co Ltd | COMPLIANT | 0.89% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| By-health Co Ltd | UNSCREENED | 0.84% | no in-house ratios for this holding |
| Beijing Kingsoft Office Software Inc | UNSCREENED | 0.77% | no in-house ratios for this holding |
| 3690.HK Meituan | NON_COMPLIANT | 0.73% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9660.HK Horizon Robotics | NON_COMPLIANT | 0.62% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Pop Mart International Group Ltd | UNSCREENED | 0.51% | no in-house ratios for this holding |
The published standards disagree about this fund by 27 points of portfolio weight — 41.7% of it passes AAOIFI, 14.3% 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 41.7% ratios fail on 34.7% 18.3% not rated under AAOIFI
ratios pass on 19.3% ratios fail on 42.5% 32.9% not rated under Usmani
ratios pass on 41.4% ratios fail on 20.4% 32.9% not rated under Dow Jones Islamic
ratios pass on 41.4% ratios fail on 20.4% 32.9% not rated under S&P Shariah
ratios pass on 14.3% ratios fail on 47.5% 32.9% not rated under MSCI Islamic
ratios pass on 39.0% ratios fail on 22.8% 32.9% not rated under MSCI Islamic M-Series
ratios pass on 20.5% ratios fail on 41.3% 32.9% not rated under FTSE Shariah
30 of 38 listed holdings carry our own per-methodology verdicts (78% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 7 (19% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 0388.HK Hong Kong Exchanges & Clearing Ltd | 6.28% |
| 1299.HK AIA Group Ltd | 4.12% |
| NTES NetEase Inc | 3.50% |
| 2318.HK Ping An Insurance Group Co of China Ltd | 3.36% |
| BIDU Baidu Inc | 3.25% |
| 2423.HK KE Holdings Inc | 2.47% |
| 0823.HK Link REIT | 1.74% |
| TME Tencent Music Entertainment Group | 1.73% |
| 9961.HK Trip.com Group Ltd | 1.41% |
| HTHT H World Group Ltd | 1.21% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Polen Capital China Growth ETF (PCCE) 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.
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 |
|---|---|---|
| 0700.HKTencent Holdings Ltd | 9.56% | Compliant |
| Shandong Sinocera Functional Material Co Ltdnot matched to a ticker | 6.87% | Not screened |
| 300750.SZContemporary Amperex Technology Co Ltd | 6.73% | Compliant |
| 0388.HKHong Kong Exchanges & Clearing Ltd | 6.28% | Non-compliant |
| 688008.SSMontage Technology Co Ltd | 5.74% | Compliant |
| BABAAlibaba Group Holding Ltd | 4.97% | Compliant |
| 1299.HKAIA Group Ltd | 4.12% | Non-compliant |
| NTESNetEase Inc | 3.50% | Non-compliant |
| 2318.HKPing An Insurance Group Co of China Ltd | 3.36% | Non-compliant |
| BIDUBaidu Inc | 3.25% | Non-compliant |
Top 10 of 38 holdings, 54.4% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for PCCE. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 3 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Not enough completed daily bars to compute pivots.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.
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.