REMETF / FundiShares Mortgage Real Estate ETF
Verdicts genuinely change. Free email alert the moment REM'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.
iShares Mortgage Real Estate ETF ETF · iShares Trust
35 holdings · as of 2026-06-30 (3.7 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT At least 33.55% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 65% turns out to be. Matching more holdings can only raise this share, never lower it.
35 holdings, 18 matched (34% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
15.76% of this portfolio’s income is non-permissible — weighted across holdings, computed over 16% of portfolio weight (5 of 35 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (35)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ANNALY CAPITAL MANAGEMENT INC | UNSCREENED | 22.77% | no in-house ratios for this holding |
| AGNC INVESTMENT CORP | UNSCREENED | 15.32% | no in-house ratios for this holding |
| STWD STARWOOD PROPERTY TRUST INC | NON_COMPLIANT | 7.02% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| RITM RITHM CAPITAL CORP | NON_COMPLIANT | 4.44% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| ARMOUR RESIDENTIAL REIT INC | UNSCREENED | 4.41% | no in-house ratios for this holding |
| DYNEX CAPITAL INC (NEW) | UNSCREENED | 4.40% | no in-house ratios for this holding |
| BLACKSTONE MORTGAGE TRUST INC | UNSCREENED | 3.99% | no in-house ratios for this holding |
| ELLINGTON FINANCIAL INC | UNSCREENED | 3.52% | no in-house ratios for this holding |
| APOLLO COMMERCIAL REAL ESTATE FINANCE INC | UNSCREENED | 3.00% | no in-house ratios for this holding |
| ORC ORCHID ISLAND CAPITAL INC | NON_COMPLIANT | 2.98% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TWO HARBORS INVESTMENTS CORP | UNSCREENED | 2.74% | no in-house ratios for this holding |
| LADDER CAPITAL CORP | UNSCREENED | 2.37% | no in-house ratios for this holding |
| CIM CHIMERA INVESTMENT CORP | NON_COMPLIANT | 2.33% | AAOIFI25.9% Usmani1.6% Dow Jones Islamic25.6% S&P Shariah26.9% MSCI Islamic1.6% MSCI Islamic M-Series26.9% FTSE Shariah1.6% |
| ABR ARBOR REALTY TRUST INC | NON_COMPLIANT | 2.16% | AAOIFI1134.7% Usmani77.4% Dow Jones Islamic665.1% S&P Shariah640.2% MSCI Islamic77.4% MSCI Islamic M-Series640.2% FTSE Shariah77.4% |
| PMT PENNYMAC MORTGAGE INVESTMENT TRUST | NON_COMPLIANT | 2.07% | AAOIFI82.7% Usmani2.8% Dow Jones Islamic73.8% S&P Shariah75.6% MSCI Islamic2.8% MSCI Islamic M-Series75.6% FTSE Shariah2.8% |
| MFA MFA FINANCIAL INC | NON_COMPLIANT | 2.06% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ADAM ADAMAS TRUST INC | NON_COMPLIANT | 1.66% | AAOIFI76.3% Usmani5.2% Dow Jones Islamic113.6% S&P Shariah119.9% MSCI Islamic5.2% MSCI Islamic M-Series119.9% FTSE Shariah5.2% |
| IVR INVESCO MORTGAGE CAPITAL INC | NON_COMPLIANT | 1.49% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BRSP BRIGHTSPIRE CAPITAL INC | NON_COMPLIANT | 1.40% | AAOIFI604.5% Usmani73.3% Dow Jones Islamic444.7% S&P Shariah448.1% MSCI Islamic73.3% MSCI Islamic M-Series448.1% FTSE Shariah73.3% |
| FBRT FRANKLIN BSP REALTY TRUST INC | NON_COMPLIANT | 1.31% | AAOIFI35.0% Usmani3.9% Dow Jones Islamic32.0% S&P Shariah31.6% MSCI Islamic3.9% MSCI Islamic M-Series31.6% FTSE Shariah3.9% |
| RWT REDWOOD TRUST INC | NON_COMPLIANT | 1.24% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariah— MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| TRTX TPG RE FINANCE TRUST INC | NON_COMPLIANT | 1.24% | AAOIFI558.4% Usmani75.6% Dow Jones Islamic560.5% S&P Shariah618.8% MSCI Islamic75.6% MSCI Islamic M-Series618.8% FTSE Shariah75.6% |
| KKR REAL ESTATE FINANCE TRUST INC | UNSCREENED | 0.77% | no in-house ratios for this holding |
| RC READY CAPITAL CORP | NON_COMPLIANT | 0.53% | AAOIFI413.1% Usmani19.1% Dow Jones Islamic194.3% S&P Shariah143.8% MSCI Islamic19.1% MSCI Islamic M-Series143.8% FTSE Shariah19.1% |
| ACRE ARES COMMERCIAL REAL ESTATE CORP | NON_COMPLIANT | 0.50% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MITT TPG MORTGAGE INVESTMENT TRUST INC | NON_COMPLIANT | 0.49% | AAOIFIfail Usmani— Dow Jones Islamicfail S&P Shariah— MSCI Islamic— MSCI Islamic M-Seriesfail FTSE Shariah— |
| CLAROS MORTGAGE TRUST INC | UNSCREENED | 0.47% | no in-house ratios for this holding |
| CHICAGO ATLANTIC REIT MANAGER LLC | UNSCREENED | 0.42% | no in-house ratios for this holding |
| SEVN SEVEN HILLS REALTY TRUST | NON_COMPLIANT | 0.39% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ANGEL OAK MORTGAGE REIT INC | UNSCREENED | 0.32% | no in-house ratios for this holding |
| NREF NEXPOINT REAL ESTATE FINANCE INC | NON_COMPLIANT | 0.23% | AAOIFI921.3% Usmani68.8% Dow Jones Islamic1543.1% S&P Shariah1667.2% MSCI Islamic68.8% MSCI Islamic M-Series1667.2% FTSE Shariah68.8% |
| BLACKROCK CASH FUNDS | UNSCREENED | 0.03% | no in-house ratios for this holding |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | UNSCREENED | 0.03% | no in-house ratios for this holding |
| BLACKROCK GLOBAL | UNSCREENED | 0.00% | no in-house ratios for this holding |
| MERRILL LYNCH INTERNATIONAL | UNSCREENED | 0.00% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.5 points of portfolio weight.
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 0.0% ratios fail on 33.5% 64.6% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 16.5% 81.6% not rated under Usmani
ratios pass on 0.0% ratios fail on 31.8% 66.3% not rated under Dow Jones Islamic
ratios pass on 0.0% ratios fail on 25.7% 72.4% not rated under S&P Shariah
ratios pass on 0.5% ratios fail on 16.5% 81.1% not rated under MSCI Islamic
ratios pass on 0.0% ratios fail on 31.8% 66.3% not rated under MSCI Islamic M-Series
ratios pass on 0.5% ratios fail on 16.5% 81.1% not rated under FTSE Shariah
18 of 35 listed holdings carry our own per-methodology verdicts (34% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (31% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| STWD STARWOOD PROPERTY TRUST INC | 7.02% |
| RITM RITHM CAPITAL CORP | 4.44% |
| ORC ORCHID ISLAND CAPITAL INC | 2.98% |
| CIM CHIMERA INVESTMENT CORP | 2.33% |
| ABR ARBOR REALTY TRUST INC | 2.16% |
| PMT PENNYMAC MORTGAGE INVESTMENT TRUST | 2.07% |
| MFA MFA FINANCIAL INC | 2.06% |
| ADAM ADAMAS TRUST INC | 1.66% |
| IVR INVESCO MORTGAGE CAPITAL INC | 1.49% |
| BRSP BRIGHTSPIRE CAPITAL INC | 1.40% |
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.
iShares Mortgage Real Estate ETF (REM) 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 REM — 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) | 33.40 | NEUTRAL |
| Stochastic %K (14) | 34.36 | NEUTRAL |
| CCI (20) | -83.64 | NEUTRAL |
| Williams %R (14) | -65.64 | NEUTRAL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | -2.66 | SELL |
| Momentum (10) | -0.47 | SELL |
| EMA (10) | 17.38 | SELL |
| SMA (10) | 17.30 | SELL |
| EMA (20) | 17.91 | SELL |
| SMA (20) | 17.84 | SELL |
| EMA (30) | 18.41 | SELL |
| SMA (30) | 18.57 | SELL |
| EMA (50) | 19.12 | SELL |
| SMA (50) | 19.69 | SELL |
| EMA (100) | 19.94 | SELL |
| SMA (100) | 20.43 | SELL |
| EMA (200) | 20.43 | SELL |
| SMA (200) | 20.86 | SELL |
About iShares Mortgage Real Estate ETF
The fund seeks to track the investment results of the FTSE Nareit All Mortgage Capped Index (the “underlying index”), which measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market, as defined by FTSE International Limited (the “index provider” or “FTSE”). 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 | 41 |
| ⏰ 4H | BEARISH | 36 |
| 🕐 1H | BEARISH | 98 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 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.
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 2026-10-13 · Asset managers net 915835 (+9220)
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.