PFOEETF / FundPathfinder Focused Opportunities ETF
Verdicts genuinely change. Free email alert the moment PFOE'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.
Pathfinder Focused Opportunities ETF · RBB Fund Trust
23 holdings · as of 2026-08-31 (2.2 months ago)
NON-COMPLIANT 17.45% of portfolio weight is in non-compliant holdings, over the 5% threshold.
23 holdings, 21 matched (94% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
0.85% of this portfolio’s income is non-permissible — weighted across holdings, computed over 94% of portfolio weight (21 of 23 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.
66.5% compliant 9.7% questionable 17.4% non-compliant 6.3% unscreened
All holdings (23)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ASML ASML Holding NV | COMPLIANT | 6.13% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| SPOT Spotify Technology SA | NON_COMPLIANT | 5.86% | AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7% |
| MELI MercadoLibre Inc | COMPLIANT | 5.82% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| TSM TSMC | COMPLIANT | 5.69% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| IDXX IDEXX Laboratories Inc | COMPLIANT | 5.02% | AAOIFI1.4% Usmani16.8% Dow Jones Islamic1.3% S&P Shariah1.3% MSCI Islamic16.8% MSCI Islamic M-Series1.3% FTSE Shariah13.1% |
| NFLX Netflix Inc | QUESTIONABLE | 5.00% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| FER.MC Ferrovial NV | COMPLIANT | 4.99% | AAOIFI26.9% Usmani38.0% Dow Jones Islamic35.3% S&P Shariah39.6% MSCI Islamic38.0% MSCI Islamic M-Series39.6% FTSE Shariah38.0% |
| UBER Uber Technologies Inc | COMPLIANT | 4.97% | AAOIFI9.5% Usmani22.4% Dow Jones Islamic8.9% S&P Shariah9.6% MSCI Islamic22.4% MSCI Islamic M-Series9.6% FTSE Shariah19.3% |
| RMS.PA Hermes International SCA | COMPLIANT | 4.88% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GOOG Alphabet Inc | QUESTIONABLE | 4.73% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| UNH UnitedHealth Group Inc | NON_COMPLIANT | 4.38% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| LLY Eli Lilly & Co | COMPLIANT | 4.14% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| ISRG Intuitive Surgical Inc | COMPLIANT | 4.13% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| INTU Intuit Inc | COMPLIANT | 4.01% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8% |
| NU Holdings Ltd/Cayman Islands | UNSCREENED | 3.94% | no in-house ratios for this holding |
| UMG.AS Universal Music Group NV | COMPLIANT | 3.90% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| BN Brookfield Corp | NON_COMPLIANT | 3.80% | AAOIFI15.3% Usmani2.8% Dow Jones Islamic14.1% S&P Shariah15.8% MSCI Islamic2.8% MSCI Islamic M-Series15.8% FTSE Shariah2.8% |
| V Visa Inc | COMPLIANT | 3.65% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| MA Mastercard Inc | COMPLIANT | 3.62% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| QXO QXO Inc | NON_COMPLIANT | 3.41% | AAOIFI49.4% Usmani31.0% Dow Jones Islamic64.2% S&P Shariah94.5% MSCI Islamic30.2% MSCI Islamic M-Series94.5% FTSE Shariah26.6% |
| NOW ServiceNow Inc | COMPLIANT | 2.85% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| WDAY Workday Inc | COMPLIANT | 2.75% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| First American Treasury Obliga | UNSCREENED | 2.36% | no in-house ratios for this holding |
The published standards disagree about this fund by 42 points of portfolio weight — 90.3% of it passes AAOIFI, 47.8% 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 90.3% ratios fail on 0.0% 9.7% not rated under AAOIFI
ratios pass on 54.9% ratios fail on 29.2% 15.9% not rated under Usmani
ratios pass on 86.7% ratios fail on 3.6% 9.7% not rated under Dow Jones Islamic
ratios pass on 86.7% ratios fail on 3.6% 9.7% not rated under S&P Shariah
ratios pass on 47.8% ratios fail on 31.9% 20.3% not rated under MSCI Islamic
ratios pass on 86.7% ratios fail on 3.6% 9.7% not rated under MSCI Islamic M-Series
ratios pass on 58.7% ratios fail on 29.2% 12.1% not rated under FTSE Shariah
21 of 23 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (89% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
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.
Pathfinder Focused Opportunities ETF (PFOE) 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 PFOE — 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) | 39.30 | NEUTRAL |
| Stochastic %K (14) | 5.39 | BUY |
| CCI (20) | -199.18 | BUY |
| Williams %R (14) | -94.61 | BUY |
| MACD (12,26,9) | -0.06 | SELL |
| ROC (10) | -3.74 | SELL |
| Momentum (10) | -0.83 | SELL |
| EMA (10) | 21.96 | SELL |
| SMA (10) | 21.99 | SELL |
| EMA (20) | 22.12 | SELL |
| SMA (20) | 22.20 | SELL |
| EMA (30) | 22.21 | SELL |
| SMA (30) | 22.23 | SELL |
| EMA (50) | 22.37 | SELL |
| SMA (50) | 22.38 | SELL |
| EMA (100) | 22.67 | SELL |
| SMA (100) | 22.71 | SELL |
| EMA (200) | 23.19 | SELL |
| SMA (200) | 23.09 | SELL |
About Pathfinder Focused Opportunities ETF
The fund is an actively managed exchange-traded fund (“ETF”) and seeks to achieve its objective by investing, under normal conditions, in 15 to 30 equity securities of companies that Opal Capital LLC (the “Adviser”) believes are high-quality companies with significant long-term growth potential. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Good setup, solid confluence
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 | 43 |
| 🕐 1H | BEARISH | 24 |
| ⏱ 15-Min | RANGING | 98 |
| ⏲ 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.
Still fetching insider filings — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
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 2026-11-03 · Asset managers net 928584 (+5135)
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.