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RIFRETF / FundRussell Investments Global Infrastructure ETF

$27.73 last close 2026-10-13
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 96% of portfolio weight covered
Fund look-through

Russell Investments Global Infrastructure ETF ETF · Russell Investments Exchange Traded Funds

62 holdings · as of 2026-06-30 (3.5 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 74.27% of portfolio weight is in non-compliant holdings, over the 5% threshold.

62 holdings, 58 matched (96% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.

1.52% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (50 of 62 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.

21.5% compliant 0.0% questionable 74.3% non-compliant 3.7% unscreened

All holdings (62)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
AENA.MC Aena SME SA COMPLIANT 5.30% AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail
NEE NextEra Energy Inc NON_COMPLIANT 4.75% AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2%
TCL.AX Transurban Group NON_COMPLIANT 4.63% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
UNP Union Pacific Corp COMPLIANT 4.62% AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6%
CSX CSX Corp COMPLIANT 3.45% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
DUK Duke Energy Corp NON_COMPLIANT 3.40% AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4%
AEP American Electric Power Co Inc NON_COMPLIANT 3.26% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
NG.L National Grid PLC NON_COMPLIANT 3.09% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CNI Canadian National Railway Co COMPLIANT 2.43% AAOIFI22.7% Usmani38.5% Dow Jones Islamic25.4% S&P Shariah24.2% MSCI Islamic38.5% MSCI Islamic M-Series24.2% FTSE Shariah37.8%
WMB Williams Cos Inc/The NON_COMPLIANT 2.42% AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0%
D Dominion Energy Inc NON_COMPLIANT 2.41% AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7%
CLNX.MC Cellnex Telecom SA NON_COMPLIANT 2.35% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
XEL Xcel Energy Inc NON_COMPLIANT 2.34% AAOIFI82.6% Usmani47.8% Dow Jones Islamic94.9% S&P Shariah105.9% MSCI Islamic46.3% MSCI Islamic M-Series105.9% FTSE Shariah45.3%
SRE Sempra NON_COMPLIANT 2.31% AAOIFI65.2% Usmani32.7% Dow Jones Islamic66.4% S&P Shariah71.2% MSCI Islamic31.6% MSCI Islamic M-Series71.2% FTSE Shariah30.4%
TRP TC Energy Corp NON_COMPLIANT 2.28% AAOIFI2.3% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah3.0% MSCI Islamic1.7% MSCI Islamic M-Series3.0% FTSE Shariah1.3%
UU.L United Utilities Group PLC NON_COMPLIANT 2.12% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
ONEOK Inc UNSCREENED 2.08% no in-house ratios for this holding
TRGP Targa Resources Corp NON_COMPLIANT 1.99% AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7%
AWK American Water Works Co Inc NON_COMPLIANT 1.98% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
PCG PG&E Corp NON_COMPLIANT 1.95% AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3%
ETR Entergy Corp NON_COMPLIANT 1.93% AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1%
FHZN.SW Flughafen Zurich AG COMPLIANT 1.92% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass
ADP.PA Aeroports de Paris SA NON_COMPLIANT 1.90% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
PEG Public Service Enterprise Group Inc NON_COMPLIANT 1.66% AAOIFI64.6% Usmani40.3% Dow Jones Islamic59.5% S&P Shariah64.4% MSCI Islamic40.3% MSCI Islamic M-Series64.4% FTSE Shariah40.1%
EVRG Evergy Inc NON_COMPLIANT 1.63% AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2%
NSC Norfolk Southern Corp COMPLIANT 1.59% AAOIFI22.6% Usmani36.8% Dow Jones Islamic27.1% S&P Shariah29.0% MSCI Islamic36.8% MSCI Islamic M-Series29.0% FTSE Shariah36.8%
CCI Crown Castle Inc NON_COMPLIANT 1.58% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
LNG Cheniere Energy Inc NON_COMPLIANT 1.57% AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6%
AMT American Tower Corp NON_COMPLIANT 1.41% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
AIA.NZ Auckland International Airport Ltd COMPLIANT 1.40% AAOIFI18.2% Usmani18.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic18.7% MSCI Islamic M-Seriespass FTSE Shariah18.7%
ALX.AX Atlas Arteria Ltd NON_COMPLIANT 1.34% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
AEE Ameren Corp NON_COMPLIANT 1.32% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SBAC SBA Communications Corp NON_COMPLIANT 1.24% AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4%
ATO Atmos Energy Corp NON_COMPLIANT 1.20% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
0002.HK CLP Holdings Ltd NON_COMPLIANT 1.13% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
KMI Kinder Morgan Inc NON_COMPLIANT 1.11% AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5%
LNT Alliant Energy Corp NON_COMPLIANT 1.11% AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4%
CNP CenterPoint Energy Inc NON_COMPLIANT 1.07% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
NI NiSource Inc NON_COMPLIANT 1.01% AAOIFI82.1% Usmani43.4% Dow Jones Islamic85.6% S&P Shariah99.5% MSCI Islamic43.4% MSCI Islamic M-Series99.5% FTSE Shariah43.4%
GET.PA Getlink SE NON_COMPLIANT 0.94% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
UGI Corp UNSCREENED 0.85% no in-house ratios for this holding
WCN Waste Connections Inc COMPLIANT 0.84% AAOIFI16.4% Usmani44.9% Dow Jones Islamic21.4% S&P Shariah22.2% MSCI Islamic44.9% MSCI Islamic M-Series22.2% FTSE Shariah43.4%
AQN.TO Algonquin Power & Utilities Corp NON_COMPLIANT 0.80% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
DTE DTE Energy Co NON_COMPLIANT 0.75% AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9%
SRG.MI Snam SpA NON_COMPLIANT 0.73% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
9532.T Osaka Gas Co Ltd NON_COMPLIANT 0.72% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
APA.AX APA Group NON_COMPLIANT 0.72% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CWY.AX Cleanaway Waste Management Ltd NON_COMPLIANT 0.71% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
ORSTED.CO Orsted AS NON_COMPLIANT 0.65% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
PPL PPL Corp NON_COMPLIANT 0.57% AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2%
9503.T Kansai Electric Power Co Inc/The NON_COMPLIANT 0.57% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
GFL GFL Environmental Inc NON_COMPLIANT 0.52% AAOIFI29.3% Usmani38.5% Dow Jones Islamic34.1% S&P Shariah36.6% MSCI Islamic38.5% MSCI Islamic M-Series36.6% FTSE Shariah38.5%
9021.T West Japan Railway Co NON_COMPLIANT 0.50% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Fortis Inc/Canada UNSCREENED 0.49% no in-house ratios for this holding
9706.T Japan Airport Terminal Co Ltd NON_COMPLIANT 0.48% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
HER.MI Hera SpA NON_COMPLIANT 0.48% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SWX Southwest Gas Holdings Inc NON_COMPLIANT 0.48% AAOIFI55.0% Usmani33.5% Dow Jones Islamic62.9% S&P Shariah67.5% MSCI Islamic33.5% MSCI Islamic M-Series67.5% FTSE Shariah33.5%
KEY.TO Keyera Corp NON_COMPLIANT 0.46% AAOIFI38.0% Usmani49.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.2% MSCI Islamic M-Seriesfail FTSE Shariah48.2%
2688.HK ENN Energy Holdings Ltd NON_COMPLIANT 0.34% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
DG.PA Vinci SA NON_COMPLIANT 0.31% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund UNSCREENED 0.30% no in-house ratios for this holding
PPC.AT Public Power Corp SA NON_COMPLIANT 0.06% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass

The published standards disagree about this fund by 10 points of portfolio weight — 20.9% of it passes AAOIFI, 11.1% 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 20.9% ratios fail on 64.2% 14.4% not rated under AAOIFI

58 of 62 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 27 (49% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
NEE NextEra Energy Inc 4.75%
TCL.AX Transurban Group 4.63%
DUK Duke Energy Corp 3.40%
AEP American Electric Power Co Inc 3.26%
NG.L National Grid PLC 3.09%
WMB Williams Cos Inc/The 2.42%
D Dominion Energy Inc 2.41%
CLNX.MC Cellnex Telecom SA 2.35%
XEL Xcel Energy Inc 2.34%
SRE Sempra 2.31%

Methodology breakdown computing — it will appear here on its own.

🕌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.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure3 of 3 timeframes bullish · 100.0% aligned
VWAPPrice holding above VWAP ($27.35)
VolumeRelative volume 3.9× the 20-day average
Momentum10-day rate of change +3.8%

Russell Investments Global Infrastructure ETF (RIFR) 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.

Market & analysts
Momentum (10d)
+3.8%
rate of change
SMC grade
C · 53
100.0% aligned
C · 53
SMC grade — 100.0% timeframe alignment
+3.8%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for RIFR — this runs off the critical path so the page paints first. It will appear here on its own.

29.2328.2827.3426.3925.442025-10-142026-04-152026-10-13

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

Support & Resistance
S3
27.41
S2
27.45
S1
27.51
PIVOT
27.55
R1
27.61
R2
27.65
R3
27.71

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.

7-day expected range
26.90 – 28.22
±2.39% from 27.56, made 2026-09-16 · resolves 2026-09-23
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.

BUY
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesBUY
7 buy · 0 neutral · 5 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)56.90NEUTRAL
Stochastic %K (14)98.57SELL
CCI (20)97.84NEUTRAL
Williams %R (14)-1.43SELL
MACD (12,26,9)0.15BUY
ROC (10)3.82BUY
Momentum (10)1.02BUY
EMA (10)27.25BUY
SMA (10)27.06BUY
EMA (20)27.32BUY
SMA (20)27.14BUY
EMA (30)27.49BUY
SMA (30)27.50BUY
EMA (50)27.77SELL
SMA (50)28.00SELL
EMA (100)28.00SELL
SMA (100)28.32SELL
EMA (200)27.66BUY
SMA (200)28.04SELL

About Russell Investments Global Infrastructure ETF

The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in securities issued by companies that are engaged in the infrastructure business. It principally invests in equity securities, including common stocks, of infrastructure companies economically tied to a number of countries around the world, including the U.S., in a globally diversified manner.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Average — needs more confirmation before sizing up

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.

TimeframeBiasBars
📅 Daily BULLISH 41
⏱ 15-Min BULLISH 59
⏲ 5-Min BULLISH 179

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.

+3.8%
Rate of change (10d)
3.9×
Volume vs its 20-day average
-0.24
MACD (no fresh cross)

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 2026-10-06 · Asset managers net 906615 (+2612)

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.