QISRXETF / FundPear tree polaris international opportunities fund
Verdicts genuinely change. Free email alert the moment QISRX'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.
Pear tree polaris international opportunities fund · Pear Tree Funds
47 holdings
NON-COMPLIANT 35.62% of portfolio weight is in non-compliant holdings, over the 5% threshold.
47 holdings, 32 matched (71% of weight). Portfolio as of 2026-06-30, filed 2026-08-25. Source: SEC Form N-PORT.
4.27% of this portfolio’s income is non-permissible — weighted across holdings, computed over 55% of portfolio weight (24 of 47 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.
35.0% compliant 0.0% questionable 35.6% non-compliant 28.5% unscreened
All holdings (47)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 1888.HK Kingboard Laminates Holdings, Ltd. | COMPLIANT | 8.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2327.TW Yageo Corporation | COMPLIANT | 7.34% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VSTECS Holdings Limited | UNSCREENED | 4.15% | no in-house ratios for this holding |
| 5871.TW Chailease Holding Co., Ltd. | NON_COMPLIANT | 4.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JMT.LS Jeronimo Martins SGPS, SA | NON_COMPLIANT | 4.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CWK.L Cranswick plc | COMPLIANT | 3.91% | AAOIFI8.5% Usmani24.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.6% MSCI Islamic M-Seriespass FTSE Shariah14.6% |
| Equatorial Energia S.A. | UNSCREENED | 3.70% | no in-house ratios for this holding |
| SBNOR.OL Sparebanken Norge | NON_COMPLIANT | 3.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2124.T JAC Recruitment Co., Ltd. | COMPLIANT | 3.40% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.0% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| AVI.JO AVI Limited | COMPLIANT | 3.14% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| D'Ieteren S.A. | UNSCREENED | 3.04% | no in-house ratios for this holding |
| MQG.AX Macquarie Group Limited | NON_COMPLIANT | 2.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ATD.TO Alimentation Couche-Tard Inc. | NON_COMPLIANT | 2.64% | AAOIFI30.2% Usmani49.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic37.8% MSCI Islamic M-Seriespass FTSE Shariah37.8% |
| 1299.HK AIA Group Ltd. | NON_COMPLIANT | 2.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PDD PDD Holdings | NON_COMPLIANT | 2.57% | AAOIFI0.7% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.9% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| Krungthai Card Public Company Limited | UNSCREENED | 2.54% | no in-house ratios for this holding |
| Wal-Mart de Mexico, S.A.B. de C.V. | UNSCREENED | 2.44% | no in-house ratios for this holding |
| Nestle S.A. | UNSCREENED | 2.44% | no in-house ratios for this holding |
| ABI.BR Anheuser-Busch InBev SA/NV | NON_COMPLIANT | 2.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Muangthai Capital Public Company Limited | UNSCREENED | 2.35% | no in-house ratios for this holding |
| MUTHOOTFIN.NS Muthoot Finance Ltd. | NON_COMPLIANT | 2.19% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SINBON Electronics Co., Ltd. | UNSCREENED | 1.96% | no in-house ratios for this holding |
| 005930.KS Samsung Electronics Company Limited | COMPLIANT | 1.93% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 0300.HK Midea Group Co., Ltd. | COMPLIANT | 1.80% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IPS.PA Ipsos | NON_COMPLIANT | 1.75% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 4369.T Tri Chemical Laboratories Inc. | COMPLIANT | 1.72% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FSR.JO FirstRand Limited | NON_COMPLIANT | 1.51% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UMB Money Market Special II | UNSCREENED | 1.28% | no in-house ratios for this holding |
| BBCA.JK PT Bank Central Asia Tbk | NON_COMPLIANT | 1.25% | AAOIFI0.3% Usmani0.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.2% MSCI Islamic M-Seriesfail FTSE Shariah0.2% |
| PT Bank Rakyat Indonesia Tbk | UNSCREENED | 1.18% | no in-house ratios for this holding |
| BAP Credicorp Ltd. | NON_COMPLIANT | 1.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Scientex Berhad | UNSCREENED | 0.96% | no in-house ratios for this holding |
| 1295.KL Public Bank Bhd | NON_COMPLIANT | 0.93% | AAOIFI13.9% Usmani2.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.4% MSCI Islamic M-Seriesfail FTSE Shariah2.4% |
| Ipsen Biopharmaceuticals, Inc. | UNSCREENED | 0.73% | no in-house ratios for this holding |
| JAZZ Jazz Pharmaceuticals plc | COMPLIANT | 0.72% | AAOIFI31.0% Usmani39.7% Dow Jones Islamic44.2% S&P Shariah48.5% MSCI Islamic39.7% MSCI Islamic M-Series48.5% FTSE Shariah39.3% |
| 4502.T Takeda Pharmaceutical Company Limited | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0881.HK Zhongsheng Group Holdings | NON_COMPLIANT | 0.68% | AAOIFI398.4% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.4% MSCI Islamic M-Seriesfail FTSE Shariah33.4% |
| Sanofi S.A. | UNSCREENED | 0.68% | no in-house ratios for this holding |
| FAGR.BR Fagron, Inc. | COMPLIANT | 0.67% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VALMT.HE Valmet OYJ | COMPLIANT | 0.64% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Cosmecca Korea Co., Ltd. | UNSCREENED | 0.63% | no in-house ratios for this holding |
| ALSN.SW ALSO Holding AG | NON_COMPLIANT | 0.53% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SOL.MI SOL S.p.A. | COMPLIANT | 0.47% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| Volution Group plc | UNSCREENED | 0.47% | no in-house ratios for this holding |
| OXIG.L Oxford Instruments plc | COMPLIANT | 0.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1268.HK China MeiDong Auto Holdings Limited | NON_COMPLIANT | 0.44% | AAOIFI520.0% Usmani48.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic30.9% MSCI Islamic M-Series— FTSE Shariah30.9% |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 0.39% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
The published standards disagree about this fund by 10 points of portfolio weight — 35.2% of it passes Dow Jones Islamic, 25.4% 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 34.6% ratios fail on 36.0% 28.5% not rated under AAOIFI
ratios pass on 25.4% ratios fail on 44.0% 29.7% not rated under Usmani
ratios pass on 35.2% ratios fail on 33.8% 30.1% not rated under Dow Jones Islamic
ratios pass on 28.4% ratios fail on 40.7% 30.1% not rated under S&P Shariah
ratios pass on 28.0% ratios fail on 41.1% 30.1% not rated under MSCI Islamic
ratios pass on 27.8% ratios fail on 41.2% 30.1% not rated under MSCI Islamic M-Series
ratios pass on 29.4% ratios fail on 39.6% 30.1% not rated under FTSE Shariah
32 of 47 listed holdings carry our own per-methodology verdicts (71% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 11 (19% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 5871.TW Chailease Holding Co., Ltd. | 4.04% |
| JMT.LS Jeronimo Martins SGPS, SA | 4.00% |
| SBNOR.OL Sparebanken Norge | 3.68% |
| MQG.AX Macquarie Group Limited | 2.68% |
| ATD.TO Alimentation Couche-Tard Inc. | 2.64% |
| 1299.HK AIA Group Ltd. | 2.60% |
| PDD PDD Holdings | 2.57% |
| ABI.BR Anheuser-Busch InBev SA/NV | 2.38% |
| MUTHOOTFIN.NS Muthoot Finance Ltd. | 2.19% |
| IPS.PA Ipsos | 1.75% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Pear tree polaris international opportunities fund (QISRX) 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.
| Holding | Weight | Verdict |
|---|---|---|
| 1888.HKKingboard Laminates Holdings, Ltd. | 8.38% | Compliant |
| 2327.TWYageo Corporation | 7.34% | Compliant |
| VSTECS Holdings Limitednot matched to a ticker | 4.15% | Not screened |
| 5871.TWChailease Holding Co., Ltd. | 4.04% | Non-compliant |
| JMT.LSJeronimo Martins SGPS, SA | 4.00% | Non-compliant |
| CWK.LCranswick plc | 3.91% | Compliant |
| Equatorial Energia S.A.not matched to a ticker | 3.70% | Not screened |
| SBNOR.OLSparebanken Norge | 3.68% | Non-compliant |
| 2124.TJAC Recruitment Co., Ltd. | 3.40% | Compliant |
| AVI.JOAVI Limited | 3.14% | Compliant |
Top 10 of 47 holdings, 45.7% 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.
- VSTECS Holdings Limitednot screened4.15%
- 5871.TWnon-compliant4.04%
- JMT.LSnon-compliant4.00%
- Equatorial Energia S.A.not screened3.70%
- SBNOR.OLnon-compliant3.68%
- D'Ieteren S.A.not screened3.04%
What changed, and when
Verdict history for QISRX. 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 QISRX 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
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
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.
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) | 34.80 | NEUTRAL |
| Stochastic %K (14) | 2.33 | BUY |
| CCI (20) | -94.76 | NEUTRAL |
| Williams %R (14) | -97.67 | BUY |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | -1.80 | SELL |
| Momentum (10) | -0.27 | SELL |
| EMA (10) | 14.91 | SELL |
| SMA (10) | 14.98 | SELL |
| EMA (20) | 14.97 | SELL |
| SMA (20) | 14.94 | SELL |
| EMA (30) | 15.03 | SELL |
| SMA (30) | 14.99 | SELL |
| EMA (50) | 15.12 | SELL |
| SMA (50) | 15.21 | SELL |
| EMA (100) | 15.09 | SELL |
| SMA (100) | 15.38 | SELL |
| EMA (200) | 14.57 | BUY |
| SMA (200) | 14.68 | BUY |
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.
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.