PJIOETF / FundPGIM Jennison Focused International Equity ETF
Verdicts genuinely change. Free email alert the moment PJIO's does — no target price to set, unlike a price alert.
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.
PGIM Jennison Focused International Equity ETF · PGIM ETF Trust
27 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 18.85% of portfolio weight is in non-compliant holdings, over the 5% threshold.
27 holdings, 24 matched (91% of weight). Portfolio as of 2026-08-31, filed 2026-10-29. Source: SEC Form N-PORT.
1.15% of this portfolio’s income is non-permissible — weighted across holdings, computed over 82% of portfolio weight (22 of 27 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.
72.2% compliant 0.0% questionable 18.6% non-compliant 9.2% unscreened
All holdings (27)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 9.81% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| ASML ASML HOLDING NV | COMPLIANT | 6.90% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| SAFRY SAFRAN SA | COMPLIANT | 5.00% | AAOIFI3.9% Usmani9.9% Dow Jones Islamic19.4% S&P Shariah22.2% MSCI Islamic8.6% MSCI Islamic M-Series22.2% FTSE Shariah8.6% |
| RR.L ROLLS-ROYCE HOLDINGS PLC | NON_COMPLIANT | 4.95% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ARGX ARGENX SE | COMPLIANT | 4.75% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GALDY GALDERMA GROUP AG | COMPLIANT | 4.59% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 4.39% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| ABB LTD (CH) | UNSCREENED | 4.27% | no in-house ratios for this holding |
| 6857.T ADVANTEST CORP | COMPLIANT | 4.00% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ITX.MC INDUSTRIA DE DISENO TEXTIL SA | COMPLIANT | 3.93% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NVT NVENT ELECTRIC PLC | COMPLIANT | 3.74% | AAOIFI6.2% Usmani22.8% Dow Jones Islamic10.2% S&P Shariah11.5% MSCI Islamic22.8% MSCI Islamic M-Series11.5% FTSE Shariah20.9% |
| ASMIY ASM INTERNATIONAL NV | COMPLIANT | 3.71% | AAOIFI0.0% Usmani0.5% Dow Jones Islamic0.0% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3% |
| 2383.TW ELITE MATERIAL COMPANY LTD | COMPLIANT | 3.67% | AAOIFI1.0% Usmani19.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic18.6% MSCI Islamic M-Series— FTSE Shariah18.6% |
| CFRUY COMPAGNIE FINANCIERE RICHEMONT SA | COMPLIANT | 3.58% | AAOIFI12.4% Usmani42.9% Dow Jones Islamic154.2% S&P Shariah168.7% MSCI Islamic31.7% MSCI Islamic M-Series168.7% FTSE Shariah31.7% |
| 5803.T FUJIKURA LTD | COMPLIANT | 3.18% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| AIR.PA AIRBUS SE | NON_COMPLIANT | 3.06% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ENR.DE SIEMENS ENERGY AG | COMPLIANT | 3.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| OR.PA L'OREAL SA | COMPLIANT | 3.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BC.MI BRUNELLO CUCINELLI SPA | COMPLIANT | 2.92% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| FWONA LIBERTY MEDIA CORP | NON_COMPLIANT | 2.87% | AAOIFI21.5% Usmani31.0% Dow Jones Islamic22.9% S&P Shariah25.0% MSCI Islamic31.0% MSCI Islamic M-Series25.0% FTSE Shariah31.0% |
| SAAB-B.ST SAAB AB | NON_COMPLIANT | 2.86% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHOP SHOPIFY INC | COMPLIANT | 2.75% | AAOIFI0.1% Usmani1.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.2% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| Prudential Government Money Market Fund Inc. | UNSCREENED | 2.67% | no in-house ratios for this holding |
| EMBJ3.SA EMBRAER - EMPRESA BRASILEIRA DE AERONAUTICA SA | NON_COMPLIANT | 2.57% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IHG INTERCONTINENTAL HOTELS GROUP PLC | NON_COMPLIANT | 2.55% | AAOIFI16.8% Usmani78.6% Dow Jones Islamic19.2% S&P Shariah21.0% MSCI Islamic78.6% MSCI Islamic M-Series21.0% FTSE Shariah78.6% |
| NEBIUS GROUP NV | UNSCREENED | 2.39% | no in-house ratios for this holding |
| 5274.TWO ASPEED TECHNOLOGY INC | COMPLIANT | 0.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
The published standards disagree about this fund by 32 points of portfolio weight — 69.1% of it passes AAOIFI, 36.6% 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 69.1% ratios fail on 13.4% 18.7% not rated under AAOIFI
ratios pass on 39.5% ratios fail on 39.0% 22.7% not rated under Usmani
ratios pass on 56.9% ratios fail on 22.0% 22.3% not rated under Dow Jones Islamic
ratios pass on 56.9% ratios fail on 22.0% 22.3% not rated under S&P Shariah
ratios pass on 36.6% ratios fail on 45.9% 18.7% not rated under MSCI Islamic
ratios pass on 56.9% ratios fail on 22.0% 22.3% not rated under MSCI Islamic M-Series
ratios pass on 43.8% ratios fail on 38.7% 18.7% not rated under FTSE Shariah
24 of 27 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (49% 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.
PGIM Jennison Focused International Equity ETF (PJIO) 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 PJIO — 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) | 32.50 | NEUTRAL |
| Stochastic %K (14) | 13.84 | BUY |
| CCI (20) | -165.15 | BUY |
| Williams %R (14) | -86.16 | BUY |
| MACD (12,26,9) | -0.30 | SELL |
| ROC (10) | -3.75 | SELL |
| Momentum (10) | -2.14 | SELL |
| EMA (10) | 57.17 | SELL |
| SMA (10) | 57.56 | SELL |
| EMA (20) | 58.45 | SELL |
| SMA (20) | 58.56 | SELL |
| EMA (30) | 59.31 | SELL |
| SMA (30) | 60.19 | SELL |
| EMA (50) | 60.40 | SELL |
| SMA (50) | 60.92 | SELL |
| EMA (100) | 61.58 | SELL |
| SMA (100) | 62.69 | SELL |
| EMA (200) | 61.67 | SELL |
| SMA (200) | 62.07 | SELL |
About PGIM Jennison Focused International Equity ETF
Under normal market conditions, the fund invests a majority of its net assets in equity and equity-related securities of non-U.S. companies located in various countries outside the U.S., including non-U.S. issuers located in emerging markets (identified by the subadviser as countries classified by MSCI as emerging and frontier markets). The subadviser uses a combination of fundamental research and systematic portfolio construction. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | 44 |
| ⏱ 15-Min | RANGING | 45 |
| ⏲ 5-Min | BULLISH | 136 |
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 2026-11-03 · 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.