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PGRKXETF / FundGlobal Real Estate Securities Fund

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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 94% of portfolio weight covered
Fund look-through

Global Real Estate Securities Fund · Principal Funds, Inc

73 holdings

NON-COMPLIANT 59.69% of portfolio weight is in non-compliant holdings, over the 5% threshold.

73 holdings, 60 matched (94% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.

2.22% of this portfolio’s income is non-permissible — weighted across holdings, computed over 85% of portfolio weight (53 of 73 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.

33.7% compliant 0.0% questionable 59.7% non-compliant 6.5% unscreened

All holdings (73)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
WELL Welltower Inc COMPLIANT 8.24% AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7%
EQIX Equinix Inc COMPLIANT 6.98% AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4%
VTR Ventas Inc COMPLIANT 4.93% AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8%
PLD Prologis Inc COMPLIANT 4.23% AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3%
EXR Extra Space Storage Inc NON_COMPLIANT 3.80% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
GMG.AX Goodman Group NON_COMPLIANT 3.75% AAOIFI10.2% Usmani18.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic18.2% MSCI Islamic M-Seriesfail FTSE Shariah18.2%
URW.PA Unibail-Rodamco-Westfield NON_COMPLIANT 3.36% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
8802.T Mitsubishi Estate Co Ltd NON_COMPLIANT 2.61% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
AMH American Homes 4 Rent NON_COMPLIANT 2.61% AAOIFI43.9% Usmani39.1% Dow Jones Islamic43.1% S&P Shariah43.1% MSCI Islamic39.1% MSCI Islamic M-Series43.1% FTSE Shariah39.1%
AVB AvalonBay Communities Inc NON_COMPLIANT 2.60% AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail
REG Regency Centers Corp NON_COMPLIANT 2.42% AAOIFI36.3% Usmani38.4% Dow Jones Islamic38.6% S&P Shariah41.4% MSCI Islamic38.4% MSCI Islamic M-Series41.4% FTSE Shariah38.4%
DLR Digital Realty Trust Inc COMPLIANT 2.35% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
ESS Essex Property Trust Inc NON_COMPLIANT 2.25% AAOIFI35.7% Usmani49.5% Dow Jones Islamic37.2% S&P Shariah39.3% MSCI Islamic49.5% MSCI Islamic M-Series39.3% FTSE Shariah49.5%
CURB Curbline Properties Corp NON_COMPLIANT 1.91% AAOIFI17.6% Usmani22.7% Dow Jones Islamic23.2% S&P Shariahfail MSCI Islamic22.7% MSCI Islamic M-Seriesfail FTSE Shariah22.7%
SBRA Sabra Health Care REIT Inc NON_COMPLIANT 1.64% AAOIFI49.4% Usmani47.6% Dow Jones Islamic61.2% S&P Shariah69.2% MSCI Islamic47.6% MSCI Islamic M-Series69.2% FTSE Shariah47.6%
EGP EastGroup Properties Inc COMPLIANT 1.61% AAOIFI15.0% Usmani29.2% Dow Jones Islamic17.6% S&P Shariah18.6% MSCI Islamic29.2% MSCI Islamic M-Series18.6% FTSE Shariah29.2%
8830.T Sumitomo Realty & Development Co Ltd NON_COMPLIANT 1.56% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
REXR Rexford Industrial Realty Inc NON_COMPLIANT 1.54% AAOIFI39.8% Usmani28.1% Dow Jones Islamic38.3% S&P Shariah36.9% MSCI Islamic28.1% MSCI Islamic M-Series36.9% FTSE Shariah28.1%
DOC Healthpeak Properties Inc NON_COMPLIANT 1.51% AAOIFI67.5% Usmani46.3% Dow Jones Islamic80.6% S&P Shariah86.7% MSCI Islamic46.3% MSCI Islamic M-Series86.7% FTSE Shariah46.3%
BLND.L British Land Co PLC/The NON_COMPLIANT 1.47% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
SPG Simon Property Group Inc NON_COMPLIANT 1.45% AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3%
MRL.MC Merlin Properties Socimi SA NON_COMPLIANT 1.45% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
AHR American Healthcare REIT Inc COMPLIANT 1.40% AAOIFI14.3% Usmani33.6% Dow Jones Islamic22.1% S&P Shariah25.8% MSCI Islamic31.1% MSCI Islamic M-Series25.8% FTSE Shariah31.1%
ELS Equity LifeStyle Properties Inc COMPLIANT 1.35% AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2%
CAST.ST Castellum AB NON_COMPLIANT 1.30% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
IRM Iron Mountain Inc NON_COMPLIANT 1.27% AAOIFI57.3% Usmani93.4% Dow Jones Islamic66.1% S&P Shariah73.7% MSCI Islamic90.9% MSCI Islamic M-Series73.7% FTSE Shariah79.0%
0823.HK Link REIT NON_COMPLIANT 1.13% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
C38U.SI CapitaLand Integrated Commercial Trust NON_COMPLIANT 1.12% AAOIFI53.3% Usmani36.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.5% MSCI Islamic M-Seriesfail FTSE Shariah36.5%
GLPI Gaming and Leisure Properties Inc NON_COMPLIANT 1.10% AAOIFI66.7% Usmani57.1% Dow Jones Islamic65.1% S&P Shariah68.3% MSCI Islamic57.1% MSCI Islamic M-Series68.3% FTSE Shariah57.1%
Agree Realty Corp UNSCREENED 1.10% no in-house ratios for this holding
SGP.AX Stockland NON_COMPLIANT 1.03% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
CHC.AX Charter Hall Group COMPLIANT 1.02% AAOIFI8.2% Usmani18.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic18.4% MSCI Islamic M-Series— FTSE Shariah18.4%
CUZ Cousins Properties Inc NON_COMPLIANT 1.01% AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3%
JAN Janus Living Inc COMPLIANT 0.96% AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0%
WPHB.F Warehouses De Pauw CVA NON_COMPLIANT 0.95% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LI.PA Klepierre SA NON_COMPLIANT 0.90% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
TEG.DE TAG Immobilien AG NON_COMPLIANT 0.89% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
HLT Hilton Worldwide Holdings Inc NON_COMPLIANT 0.86% AAOIFI20.0% Usmani82.8% Dow Jones Islamic21.8% S&P Shariah23.8% MSCI Islamic82.8% MSCI Islamic M-Series23.8% FTSE Shariah78.8%
VNO Vornado Realty Trust NON_COMPLIANT 0.83% AAOIFI35.1% Usmani16.7% Dow Jones Islamic37.5% S&P Shariah41.9% MSCI Islamic16.7% MSCI Islamic M-Series41.9% FTSE Shariah16.7%
Brixmor Property Group Inc UNSCREENED 0.79% no in-house ratios for this holding
Principal Funds, Inc - Government Money Market Fund - Class R-6 UNSCREENED 0.79% no in-house ratios for this holding
0016.HK Sun Hung Kai Properties Ltd NON_COMPLIANT 0.78% AAOIFI30.3% Usmani13.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic12.9% MSCI Islamic M-Series— FTSE Shariah12.9%
AMT American Tower Corp NON_COMPLIANT 0.73% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
8953.T Japan Metropolitan Fund Invest NON_COMPLIANT 0.71% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
1972.HK Swire Properties Ltd NON_COMPLIANT 0.71% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
3283.T Nippon Prologis REIT Inc NON_COMPLIANT 0.69% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
NXT.AX NEXTDC Ltd NON_COMPLIANT 0.68% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
JLL Jones Lang LaSalle Inc NON_COMPLIANT 0.68% AAOIFI15.5% Usmani14.4% Dow Jones Islamic18.5% S&P Shariah20.9% MSCI Islamic14.4% MSCI Islamic M-Series20.9% FTSE Shariah9.4%
SAFE.L Safestore Holdings PLC NON_COMPLIANT 0.68% AAOIFI84.2% Usmani32.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.8% MSCI Islamic M-Seriesfail FTSE Shariah29.8%
TRNO Terreno Realty Corp COMPLIANT 0.68% AAOIFI13.1% Usmani16.5% Dow Jones Islamic15.2% S&P Shariah16.2% MSCI Islamic16.5% MSCI Islamic M-Series16.2% FTSE Shariah16.5%
Kilroy Realty Corp UNSCREENED 0.66% no in-house ratios for this holding
BN4.SI Keppel Ltd NON_COMPLIANT 0.66% AAOIFI52.7% Usmani42.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic42.2% MSCI Islamic M-Seriesfail FTSE Shariah42.2%
Blackstone Digital Infrastructure Trust Inc UNSCREENED 0.65% no in-house ratios for this holding
9CI.SI CapitaLand Investment Ltd/Singapore NON_COMPLIANT 0.63% AAOIFI63.7% Usmani37.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic35.0% MSCI Islamic M-Seriesfail FTSE Shariah35.0%
8951.T Nippon Building Fund Inc NON_COMPLIANT 0.60% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CTPNV.AS CTP NV NON_COMPLIANT 0.54% AAOIFI160.5% Usmani46.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.5% MSCI Islamic M-Series— FTSE Shariah46.5%
CAR-UN.TO Canadian Apartment Properties REIT NON_COMPLIANT 0.53% AAOIFI119.5% Usmani39.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic39.6% MSCI Islamic M-Seriesfail FTSE Shariah39.6%
COPT Defense Properties UNSCREENED 0.52% no in-house ratios for this holding
SBAC SBA Communications Corp NON_COMPLIANT 0.50% AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4%
CSH-UN.TO Chartwell Retirement Residences NON_COMPLIANT 0.49% AAOIFI43.9% Usmani59.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.2% MSCI Islamic M-Seriesfail FTSE Shariah59.2%
C09.SI City Developments Ltd NON_COMPLIANT 0.47% AAOIFI182.9% Usmani54.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.0% MSCI Islamic M-Seriesfail FTSE Shariah52.0%
Advance Residence Investment Corp UNSCREENED 0.42% no in-house ratios for this holding
Americold Realty Trust Inc UNSCREENED 0.42% no in-house ratios for this holding
Sekisui House Reit Inc UNSCREENED 0.38% no in-house ratios for this holding
H Hyatt Hotels Corp NON_COMPLIANT 0.37% AAOIFI30.0% Usmani32.3% Dow Jones Islamic31.2% S&P Shariah32.4% MSCI Islamic32.3% MSCI Islamic M-Series32.4% FTSE Shariah30.6%
Mitsui Fudosan Accommodations Fund Inc UNSCREENED 0.32% no in-house ratios for this holding
1113.HK CK Asset Holdings Ltd NON_COMPLIANT 0.31% AAOIFI34.4% Usmani12.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic11.1% MSCI Islamic M-Series— FTSE Shariah11.1%
AJBU.SI Keppel DC REIT NON_COMPLIANT 0.29% AAOIFI42.9% Usmani35.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.7% MSCI Islamic M-Seriesfail FTSE Shariah34.7%
Prologis Property Mexico SA de CV UNSCREENED 0.25% no in-house ratios for this holding
9020.T East Japan Railway Co NON_COMPLIANT 0.23% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Centurion Accommodation Reit UNSCREENED 0.18% no in-house ratios for this holding
BFS Saul Centers Inc NON_COMPLIANT 0.05% AAOIFI199.6% Usmani74.3% Dow Jones Islamic202.8% S&P Shariah205.7% MSCI Islamic74.3% MSCI Islamic M-Series205.7% FTSE Shariah74.3%
BlackRock Liquidity FedFund - Institutional Class UNSCREENED 0.00% no in-house ratios for this holding

The published standards disagree about this fund by 26 points of portfolio weight — 31.9% of it passes AAOIFI, 5.6% passes Usmani. 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 31.9% ratios fail on 53.2% 14.7% not rated under AAOIFI

60 of 73 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 41 (70% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
EXR Extra Space Storage Inc 3.80%
GMG.AX Goodman Group 3.75%
URW.PA Unibail-Rodamco-Westfield 3.36%
8802.T Mitsubishi Estate Co Ltd 2.61%
AMH American Homes 4 Rent 2.61%
AVB AvalonBay Communities Inc 2.60%
REG Regency Centers Corp 2.42%
ESS Essex Property Trust Inc 2.25%
CURB Curbline Properties Corp 1.91%
SBRA Sabra Health Care REIT Inc 1.64%
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Global Real Estate Securities Fund (PGRKX) 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.

33.7%Compliant 59.7%Non-compliant 6.5%Not screened
HoldingWeightVerdict
WELLWelltower Inc 8.24% Compliant
EQIXEquinix Inc 6.98% Compliant
VTRVentas Inc 4.93% Compliant
PLDPrologis Inc 4.23% Compliant
EXRExtra Space Storage Inc 3.80% Non-compliant
GMG.AXGoodman Group 3.75% Non-compliant
URW.PAUnibail-Rodamco-Westfield 3.36% Non-compliant
8802.TMitsubishi Estate Co Ltd 2.61% Non-compliant
AMHAmerican Homes 4 Rent 2.61% Non-compliant
AVBAvalonBay Communities Inc 2.60% Non-compliant

Top 10 of 73 holdings, 43.1% 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.

  • EXRnon-compliant3.80%
  • GMG.AXnon-compliant3.75%
  • URW.PAnon-compliant3.36%
  • 8802.Tnon-compliant2.61%
  • AMHnon-compliant2.61%
  • AVBnon-compliant2.60%

What changed, and when

Verdict history for PGRKX. 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 PGRKX 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 3 days - this is not a reading of today

10.7710.4110.069.709.342025-10-132026-04-142026-10-09

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance

This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.

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.

7-day expected range
9.97 – 10.27
±1.51% from 10.12, made 2026-09-14 · resolves 2026-09-21
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

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.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)35.30NEUTRAL
Stochastic %K (14)25.00NEUTRAL
CCI (20)-68.15NEUTRAL
Williams %R (14)-75.00NEUTRAL
MACD (12,26,9)-0.00SELL
ROC (10)-1.83SELL
Momentum (10)-0.18SELL
EMA (10)9.70SELL
SMA (10)9.68SELL
EMA (20)9.82SELL
SMA (20)9.82SELL
EMA (30)9.93SELL
SMA (30)9.96SELL
EMA (50)10.07SELL
SMA (50)10.19SELL
EMA (100)10.16SELL
SMA (100)10.30SELL
EMA (200)10.04SELL
SMA (200)10.14SELL

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.

No usable intraday or daily bars came back for this listing, so there is no structure to read.

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.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.