Verdicts genuinely change. Free email alert the moment RISN'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.
Inspire Capital Appreciation ETF ETF · Northern Lights Fund Trust IV
29 holdings · as of 2026-05-31 (4.5 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 11.41% of portfolio weight is in non-compliant holdings, over the 5% threshold.
29 holdings, 26 matched (78% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.
0.70% of this portfolio’s income is non-permissible — weighted across holdings, computed over 68% of portfolio weight (23 of 29 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.
66.3% compliant 0.0% questionable 11.4% non-compliant 22.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| SCHWAB STRATEGIC TRUST | UNSCREENED | 19.11% | no in-house ratios for this holding |
| FTNT FORTINET INC | COMPLIANT | 4.88% | AAOIFI0.4% Usmani4.6% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic4.6% MSCI Islamic M-Series0.8% FTSE Shariah4.6% |
| SMCI SUPER MICRO COMPUTER INC | NON_COMPLIANT | 4.21% | AAOIFI17.4% Usmani15.3% Dow Jones Islamic20.6% S&P Shariah17.5% MSCI Islamic15.3% MSCI Islamic M-Series17.5% FTSE Shariah13.5% |
| ODFL OLD DOMINION FREIGHT LINE INC | COMPLIANT | 4.06% | AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3% |
| LSTR LANDSTAR SYSTEM INC | COMPLIANT | 4.05% | AAOIFI0.0% Usmani4.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SIRI SIRIUS XM HOLDINGS INC | NON_COMPLIANT | 4.04% | AAOIFI96.8% Usmani34.8% Dow Jones Islamic120.6% S&P Shariah95.9% MSCI Islamic34.8% MSCI Islamic M-Series95.9% FTSE Shariah34.8% |
| TPL TEXAS PACIFIC LAND CORP | COMPLIANT | 3.69% | AAOIFI0.1% Usmani0.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| DECK DECKERS OUTDOOR CORP | COMPLIANT | 3.26% | AAOIFI4.2% Usmani12.2% Dow Jones Islamic2.6% S&P Shariah2.5% MSCI Islamic12.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| MLI MUELLER INDUSTRIES INC | COMPLIANT | 3.16% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.1% |
| HESM HESS MIDSTREAM LP | NON_COMPLIANT | 3.15% | AAOIFI44.7% Usmani86.5% Dow Jones Islamic87.9% S&P Shariah105.7% MSCI Islamic86.5% MSCI Islamic M-Series105.7% FTSE Shariah86.5% |
| MSCI MSCI INC | COMPLIANT | 3.13% | AAOIFI15.7% Usmani116.8% Dow Jones Islamic15.3% S&P Shariah15.6% MSCI Islamic116.8% MSCI Islamic M-Series15.6% FTSE Shariah113.9% |
| UI UBIQUITI INC | COMPLIANT | 2.97% | AAOIFI0.2% Usmani7.3% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic3.6% MSCI Islamic M-Series0.3% FTSE Shariah3.6% |
| FAST FASTENAL COMPANY | COMPLIANT | 2.97% | AAOIFI0.8% Usmani8.3% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic8.3% MSCI Islamic M-Series1.0% FTSE Shariah2.3% |
| EXPD EXPEDITORS INTERNATIONAL OF WASHINGTON INC | COMPLIANT | 2.93% | AAOIFI2.3% Usmani11.0% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic11.0% MSCI Islamic M-Series3.2% FTSE Shariah0.0% |
| LII LENNOX INTERNATIONAL INC | COMPLIANT | 2.89% | AAOIFI12.0% Usmani38.7% Dow Jones Islamic8.3% S&P Shariah8.8% MSCI Islamic37.1% MSCI Islamic M-Series8.8% FTSE Shariah27.1% |
| O'REILLY AUTOMOTIVE INC | UNSCREENED | 2.71% | no in-house ratios for this holding |
| LPX LOUISIANA PACIFIC CORP | COMPLIANT | 2.69% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| HD HOME DEPOT INC (THE) | COMPLIANT | 2.61% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| LOPE GRAND CANYON EDUCATION INC | COMPLIANT | 2.56% | AAOIFI2.6% Usmani11.3% Dow Jones Islamic2.2% S&P Shariah2.3% MSCI Islamic11.3% MSCI Islamic M-Series2.3% FTSE Shariah0.0% |
| PAYX PAYCHEX INC | COMPLIANT | 2.46% | AAOIFI13.2% Usmani29.6% Dow Jones Islamic10.7% S&P Shariah11.0% MSCI Islamic29.6% MSCI Islamic M-Series11.0% FTSE Shariah29.1% |
| ADP AUTOMATIC DATA PROCESSING INC | COMPLIANT | 2.43% | AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9% |
| MANH MANHATTAN ASSOCIATES INC | COMPLIANT | 2.43% | AAOIFI0.4% Usmani7.7% Dow Jones Islamic0.5% S&P Shariah0.4% MSCI Islamic7.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| AZO AUTOZONE INC | COMPLIANT | 2.30% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| IDXX IDEXX LABORATORIES INC | COMPLIANT | 2.28% | AAOIFI1.4% Usmani16.8% Dow Jones Islamic1.3% S&P Shariah1.3% MSCI Islamic16.8% MSCI Islamic M-Series1.3% FTSE Shariah13.1% |
| POOL POOL CORP | COMPLIANT | 2.23% | AAOIFI24.7% Usmani39.8% Dow Jones Islamic15.5% S&P Shariah14.1% MSCI Islamic39.8% MSCI Islamic M-Series14.1% FTSE Shariah31.2% |
| MEDP MEDPACE HOLDINGS INC | COMPLIANT | 2.22% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariah— |
| QLYS QUALYS INC | COMPLIANT | 2.18% | AAOIFI0.9% Usmani5.0% Dow Jones Islamic1.1% S&P Shariah1.0% MSCI Islamic5.0% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| FICO FAIR ISAAC CORP | COMPLIANT | 1.96% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| BBH SWEEP VEHICLE | UNSCREENED | 0.49% | no in-house ratios for this holding |
The published standards disagree about this fund by 42 points of portfolio weight — 65.1% of it passes AAOIFI, 23.1% 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 65.1% ratios fail on 7.2% 27.8% not rated under AAOIFI
ratios pass on 42.8% ratios fail on 30.5% 26.8% not rated under Usmani
ratios pass on 60.9% ratios fail on 7.2% 32.0% not rated under Dow Jones Islamic
ratios pass on 65.1% ratios fail on 7.2% 27.8% not rated under S&P Shariah
ratios pass on 23.1% ratios fail on 48.1% 28.8% not rated under MSCI Islamic
ratios pass on 60.9% ratios fail on 7.2% 32.0% not rated under MSCI Islamic M-Series
ratios pass on 42.5% ratios fail on 30.7% 26.8% not rated under FTSE Shariah
26 of 29 listed holdings carry our own per-methodology verdicts (78% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 24 (73% 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.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Inspire Capital Appreciation ETF (RISN) 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.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
Computing the full ratio and business-activity breakdown for RISN — 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.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 48.20 | NEUTRAL |
| Stochastic %K (14) | 64.12 | NEUTRAL |
| CCI (20) | -1.13 | NEUTRAL |
| Williams %R (14) | -35.88 | NEUTRAL |
| MACD (12,26,9) | 0.05 | BUY |
| ROC (10) | 1.02 | BUY |
| Momentum (10) | 0.31 | BUY |
| EMA (10) | 30.41 | BUY |
| SMA (10) | 30.46 | SELL |
| EMA (20) | 30.45 | SELL |
| SMA (20) | 30.35 | BUY |
| EMA (30) | 30.53 | SELL |
| SMA (30) | 30.45 | SELL |
| EMA (50) | 30.63 | SELL |
| SMA (50) | 30.86 | SELL |
| EMA (100) | 30.57 | SELL |
| SMA (100) | 30.81 | SELL |
| EMA (200) | 30.15 | BUY |
| SMA (200) | 30.16 | BUY |
The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.
Background via Yahoo Finance — informational, not part of the verdict.
Good setup, solid confluence
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 | BULLISH | 43 |
| ⏱ 15-Min | BEARISH | 36 |
| ⏲ 5-Min | BULLISH | 108 |
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.
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.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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 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
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)
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.