US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
RW

RWXETF / FundState Street(R) SPDR(R) Dow Jones(R) International Real Estate ETF

$25.67 last close 2026-10-20
Open in terminalCompare
Alert

Verdicts genuinely change. Free email alert the moment RWX's does — no target price to set, unlike "Alert" above.

Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 84% of portfolio weight covered
Fund look-through

State Street(R) SPDR(R) Dow Jones(R) International Real Estate ETF ETF · SPDR INDEX SHARES FUNDS

128 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.

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 103% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT 85.65% of portfolio weight is in non-compliant holdings, over the 5% threshold.

128 holdings, 100 matched (84% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.

2.26% of this portfolio’s income is non-permissible — weighted across holdings, computed over 79% of portfolio weight (90 of 128 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.

0.2% compliant 0.0% questionable 83.4% non-compliant 16.4% unscreened

All holdings (128)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
8801.T Mitsui Fudosan Co Ltd NON_COMPLIANT 5.56% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
State Street Global Advisors UNSCREENED 3.58% no in-house ratios for this holding
SGRO.L Segro PLC NON_COMPLIANT 3.44% AAOIFI43.5% Usmani31.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.8% MSCI Islamic M-Seriesfail FTSE Shariah30.8%
URW.PA Unibail-Rodamco-Westfield NON_COMPLIANT 3.12% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SCG.AX Scentre Group NON_COMPLIANT 3.06% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SPSN.SW Swiss Prime Site AG NON_COMPLIANT 2.87% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
0823.HK Link REIT NON_COMPLIANT 2.65% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
C38U.SI CapitaLand Integrated Commercial Trust NON_COMPLIANT 2.42% AAOIFI53.3% Usmani36.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.5% MSCI Islamic M-Seriesfail FTSE Shariah36.5%
LI.PA Klepierre SA NON_COMPLIANT 2.02% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
PSPN.SW PSP Swiss Property AG NON_COMPLIANT 1.79% AAOIFI51.4% Usmani33.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.1% MSCI Islamic M-Seriesfail FTSE Shariah33.1%
A17U.SI CapitaLand Ascendas REIT NON_COMPLIANT 1.77% AAOIFI65.4% Usmani43.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.0% MSCI Islamic M-Seriesfail FTSE Shariah40.0%
MRL.MC Merlin Properties Socimi SA NON_COMPLIANT 1.67% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
3003.T Hulic Co Ltd NON_COMPLIANT 1.54% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Vicinity Ltd UNSCREENED 1.54% no in-house ratios for this holding
8951.T Nippon Building Fund Inc NON_COMPLIANT 1.49% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
AED.BR Aedifica SA NON_COMPLIANT 1.47% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
GPT.AX GPT Group/The NON_COMPLIANT 1.42% AAOIFI58.1% Usmani32.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.6% MSCI Islamic M-Seriesfail FTSE Shariah32.6%
LAND.L Land Securities Group PLC NON_COMPLIANT 1.41% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LMP.L LondonMetric Property PLC NON_COMPLIANT 1.28% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
BLND.L British Land Co PLC/The NON_COMPLIANT 1.23% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
NRP.JO NEPI Rockcastle NV NON_COMPLIANT 1.23% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
BBOX.L Tritax Big Box REIT PLC NON_COMPLIANT 1.17% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
8952.T Japan Real Estate Investment Corp NON_COMPLIANT 1.14% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Azrieli Group Ltd UNSCREENED 1.11% no in-house ratios for this holding
8953.T Japan Metropolitan Fund Invest NON_COMPLIANT 1.09% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
WPHB.F Warehouses De Pauw CVA NON_COMPLIANT 1.05% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LEG.DE LEG Immobilien SE NON_COMPLIANT 1.04% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Mega Or Holdings Ltd UNSCREENED 1.04% no in-house ratios for this holding
CAST.ST Castellum AB NON_COMPLIANT 1.03% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Fibra Uno Administracion SA de CV UNSCREENED 1.03% no in-house ratios for this holding
Prologis Property Mexico SA de CV UNSCREENED 1.03% no in-house ratios for this holding
GFC.PA Gecina SA NON_COMPLIANT 0.96% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
1997.HK Wharf Real Estate Investment Co Ltd NON_COMPLIANT 0.96% AAOIFI35.8% Usmani14.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic14.8% MSCI Islamic M-Series— FTSE Shariah14.8%
3281.T GLP J-Reit NON_COMPLIANT 0.89% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
3462.T Nomura Real Estate Master Fund Inc NON_COMPLIANT 0.88% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Dexus UNSCREENED 0.88% no in-house ratios for this holding
8972.T KDX Realty Investment Corp NON_COMPLIANT 0.84% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
3283.T Nippon Prologis REIT Inc NON_COMPLIANT 0.83% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
BALD-B.ST Fastighets AB Balder NON_COMPLIANT 0.81% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
GRT.JO Growthpoint Properties Ltd NON_COMPLIANT 0.79% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SHC.L Shaftesbury Capital PLC NON_COMPLIANT 0.79% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
EFE.F Sagax AB NON_COMPLIANT 0.77% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
AJBU.SI Keppel DC REIT NON_COMPLIANT 0.76% AAOIFI42.9% Usmani35.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.7% MSCI Islamic M-Seriesfail FTSE Shariah34.7%
8984.T Daiwa House REIT Investment Corp NON_COMPLIANT 0.74% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
COV.PA Covivio SA/France NON_COMPLIANT 0.73% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
MLSR.TA Melisron Ltd NON_COMPLIANT 0.73% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
UTG.L UNITE Group PLC/The NON_COMPLIANT 0.73% AAOIFI52.7% Usmani22.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.1% MSCI Islamic M-Seriesfail FTSE Shariah21.1%
8954.T Orix JREIT Inc NON_COMPLIANT 0.72% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
PHP.L Primary Health Properties PLC NON_COMPLIANT 0.72% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
VESTA.MX Corp Inmobiliaria Vesta SAB de CV NON_COMPLIANT 0.72% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
M44U.SI Mapletree Logistics Trust NON_COMPLIANT 0.71% AAOIFI93.8% Usmani41.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.7% MSCI Islamic M-Seriesfail FTSE Shariah40.7%
8960.T United Urban Investment Corp NON_COMPLIANT 0.70% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
ME8U.SI Mapletree Industrial Trust NON_COMPLIANT 0.70% AAOIFI41.8% Usmani30.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.6% MSCI Islamic M-Seriesfail FTSE Shariah29.6%
7502.T Plaza SA NON_COMPLIANT 0.69% AAOIFI184.5% Usmani57.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic55.8% MSCI Islamic M-Seriesfail FTSE Shariah55.8%
PARAUCO.SN Parque Arauco SA NON_COMPLIANT 0.66% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
DLN.L Derwent London PLC NON_COMPLIANT 0.63% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
8985.T Japan Hotel REIT Investment Corp NON_COMPLIANT 0.63% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
8963.T Invincible Investment Corp NON_COMPLIANT 0.62% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
RDF.JO Redefine Properties Ltd NON_COMPLIANT 0.62% AAOIFI99.8% Usmani41.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic40.9% MSCI Islamic M-Series— FTSE Shariah40.9%
Central Pattana PCL UNSCREENED 0.59% no in-house ratios for this holding
Advance Residence Investment Corp UNSCREENED 0.58% no in-house ratios for this holding
HMSO.L Hammerson PLC NON_COMPLIANT 0.57% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
1972.HK Swire Properties Ltd NON_COMPLIANT 0.56% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
T82U.SI Suntec Real Estate Investment Trust NON_COMPLIANT 0.54% AAOIFI93.8% Usmani37.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.3% MSCI Islamic M-Seriesfail FTSE Shariah37.3%
J69U.SI Frasers Centrepoint Trust NON_COMPLIANT 0.54% AAOIFI60.5% Usmani34.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic34.7% MSCI Islamic M-Series— FTSE Shariah34.7%
BYG.L Big Yellow Group PLC NON_COMPLIANT 0.52% AAOIFI30.3% Usmani16.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic15.9% MSCI Islamic M-Seriespass FTSE Shariah15.9%
8955.T Japan Prime Realty Investment Corp NON_COMPLIANT 0.51% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
REI-UN.TO RioCan Real Estate Investment Trust NON_COMPLIANT 0.50% AAOIFI119.2% Usmani48.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.2% MSCI Islamic M-Seriesfail FTSE Shariah48.2%
N2IU.SI Mapletree Pan Asia Commercial Trust NON_COMPLIANT 0.50% AAOIFI83.3% Usmani36.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.0% MSCI Islamic M-Seriesfail FTSE Shariah36.0%
AT1.DE Aroundtown SA NON_COMPLIANT 0.49% AAOIFI779.6% Usmani45.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic45.0% MSCI Islamic M-Series— FTSE Shariah45.0%
BUOU.SI Frasers Logistics & Commercial Trust NON_COMPLIANT 0.48% AAOIFI76.1% Usmani37.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.0% MSCI Islamic M-Seriesfail FTSE Shariah36.0%
3249.T Industrial & Infrastructure Fund Investment Corp NON_COMPLIANT 0.48% AAOIFI86.2% Usmani52.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.0% MSCI Islamic M-Seriesfail FTSE Shariah52.0%
COL.MC Colonial SFL Socimi SA NON_COMPLIANT 0.48% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
0004.HK Wharf Holdings Ltd/The NON_COMPLIANT 0.48% AAOIFI30.9% Usmani9.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic9.0% MSCI Islamic M-Series— FTSE Shariah9.0%
K71U.SI Keppel REIT NON_COMPLIANT 0.47% AAOIFI87.4% Usmani37.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.6% MSCI Islamic M-Seriesfail FTSE Shariah37.6%
Mitsui Fudosan Logistics Park Inc UNSCREENED 0.47% no in-house ratios for this holding
WIHL.ST Wihlborgs Fastigheter AB NON_COMPLIANT 0.46% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Sekisui House Reit Inc UNSCREENED 0.44% no in-house ratios for this holding
GRT-UN.TO Granite Real Estate Investment Trust NON_COMPLIANT 0.44% AAOIFI61.3% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.0% MSCI Islamic M-Seriesfail FTSE Shariah34.0%
Allos SA UNSCREENED 0.42% no in-house ratios for this holding
Mitsui Fudosan Accommodations Fund Inc UNSCREENED 0.41% no in-house ratios for this holding
HMN.SI CapitaLand Ascott Trust NON_COMPLIANT 0.41% AAOIFI102.8% Usmani40.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.2% MSCI Islamic M-Seriesfail FTSE Shariah38.2%
RGN.AX Region Group NON_COMPLIANT 0.41% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CAR-UN.TO Canadian Apartment Properties REIT NON_COMPLIANT 0.40% AAOIFI119.5% Usmani39.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic39.6% MSCI Islamic M-Seriesfail FTSE Shariah39.6%
3279.T Activia Properties Inc NON_COMPLIANT 0.39% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
SAFE.L Safestore Holdings PLC NON_COMPLIANT 0.39% AAOIFI84.2% Usmani32.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.8% MSCI Islamic M-Seriesfail FTSE Shariah29.8%
IWG.L International Workplace Group PLC NON_COMPLIANT 0.39% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
FCR-UN.TO First Capital Real Estate Investment Trust NON_COMPLIANT 0.37% AAOIFI83.2% Usmani43.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic43.2% MSCI Islamic M-Seriesfail FTSE Shariah43.2%
Charter Hall Long Wale REIT UNSCREENED 0.37% no in-house ratios for this holding
GRI.L Grainger PLC NON_COMPLIANT 0.37% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LUMO.HE Lumo Kodit Oyj NON_COMPLIANT 0.36% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Multiplan Empreendimentos Imobiliarios SA UNSCREENED 0.35% no in-house ratios for this holding
8967.T Japan Logistics Fund Inc NON_COMPLIANT 0.35% AAOIFI47.3% Usmani44.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic44.2% MSCI Islamic M-Seriesfail FTSE Shariah44.2%
3466.T LaSalle Logiport REIT NON_COMPLIANT 0.34% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
0101.HK Hang Lung Properties Ltd NON_COMPLIANT 0.34% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
SRU-UN.TO SmartCentres Real Estate Investment Trust NON_COMPLIANT 0.33% AAOIFI111.7% Usmani42.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic42.9% MSCI Islamic M-Seriesfail FTSE Shariah42.9%
Amot Investments Ltd UNSCREENED 0.33% no in-house ratios for this holding
FABG.ST Fabege AB NON_COMPLIANT 0.33% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
LLC.AX Lendlease Corp Ltd NON_COMPLIANT 0.32% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
Daiwa Securities Living Investments Corp UNSCREENED 0.32% no in-house ratios for this holding
SUPR.L Supermarket Income Reit PLC NON_COMPLIANT 0.32% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Daiwa Office Investment Corp UNSCREENED 0.30% no in-house ratios for this holding
DIR-UN.TO Dream Industrial Real Estate Investment Trust NON_COMPLIANT 0.30% AAOIFI80.3% Usmani37.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.1% MSCI Islamic M-Seriesfail FTSE Shariah37.1%
3282.T Comforia Residential REIT Inc NON_COMPLIANT 0.30% AAOIFI79.7% Usmani52.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.8% MSCI Islamic M-Seriesfail FTSE Shariah52.8%
3292.T AEON REIT Investment Corp NON_COMPLIANT 0.29% AAOIFI77.3% Usmani41.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic41.8% MSCI Islamic M-Seriesfail FTSE Shariah41.8%
Frontier Real Estate Investment Corp UNSCREENED 0.28% no in-house ratios for this holding
0014.HK Hysan Development Co Ltd NON_COMPLIANT 0.27% AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass
Mori Hills REIT Investment Corp UNSCREENED 0.27% no in-house ratios for this holding
Hulic Reit Inc UNSCREENED 0.26% no in-house ratios for this holding
NTT UD REIT Investment Corp UNSCREENED 0.25% no in-house ratios for this holding
Mori Trust Reit Inc UNSCREENED 0.25% no in-house ratios for this holding
JYEU.SI Lendlease Global Commercial REIT NON_COMPLIANT 0.24% AAOIFI89.1% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.4% MSCI Islamic M-Seriesfail FTSE Shariah38.4%
CIP.AX Centuria Industrial REIT NON_COMPLIANT 0.24% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
WPR.AX Waypoint REIT Ltd NON_COMPLIANT 0.24% AAOIFI56.7% Usmani32.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic32.4% MSCI Islamic M-Series— FTSE Shariah32.4%
3481.T Mitsubishi Estate Logistics REIT Investment Corp NON_COMPLIANT 0.24% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
4321.SR Arabian Centres Co NON_COMPLIANT 0.24% AAOIFI256.1% Usmani61.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic53.6% MSCI Islamic M-Seriesfail FTSE Shariah53.6%
BEI-UN.TO Boardwalk Real Estate Investment Trust NON_COMPLIANT 0.23% AAOIFI102.7% Usmani41.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.5% MSCI Islamic M-Seriesfail FTSE Shariah40.5%
HR-UN.TO H&R Real Estate Investment Trust NON_COMPLIANT 0.22% AAOIFI128.5% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.4% MSCI Islamic M-Seriesfail FTSE Shariah38.4%
Tokyu REIT Inc UNSCREENED 0.22% no in-house ratios for this holding
8987.T Japan Excellent Inc NON_COMPLIANT 0.21% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
3296.T NIPPON REIT Investment Corp NON_COMPLIANT 0.21% AAOIFI89.8% Usmani48.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.4% MSCI Islamic M-Seriesfail FTSE Shariah48.4%
8848.T Leopalace21 Corp COMPLIANT 0.19% AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass
3287.T Hoshino Resorts REIT Inc NON_COMPLIANT 0.19% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
Global One Real Estate Investment Corp UNSCREENED 0.16% no in-house ratios for this holding
Cofinimmo SA UNSCREENED 0.16% no in-house ratios for this holding
Iguatemi SA UNSCREENED 0.13% no in-house ratios for this holding
1SBBB.MI Samhallsbyggnadsbolaget i Norden AB NON_COMPLIANT 0.11% AAOIFI771.5% Usmani58.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic58.1% MSCI Islamic M-Seriesfail FTSE Shariah58.1%
State Street Global Advisors UNSCREENED 0.06% no in-house ratios for this holding

The published standards disagree about this fund by 16 points of portfolio weight — 15.9% of it passes FTSE Shariah, 0.2% passes AAOIFI. 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 0.2% ratios fail on 85.6% 16.8% not rated under AAOIFI

100 of 128 listed holdings carry our own per-methodology verdicts (86% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 39 (26% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
8801.T Mitsui Fudosan Co Ltd 5.56%
SGRO.L Segro PLC 3.44%
URW.PA Unibail-Rodamco-Westfield 3.12%
SCG.AX Scentre Group 3.06%
SPSN.SW Swiss Prime Site AG 2.87%
0823.HK Link REIT 2.65%
C38U.SI CapitaLand Integrated Commercial Trust 2.42%
LI.PA Klepierre SA 2.02%
PSPN.SW PSP Swiss Property AG 1.79%
A17U.SI CapitaLand Ascendas REIT 1.77%

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.

Structure4 of 4 timeframes bullish · 100.0% aligned
VWAPPrice holding above VWAP ($25.36)
VolumeRelative volume 1.7× the 20-day average
Momentum10-day rate of change +2.0%

State Street(R) SPDR(R) Dow Jones(R) International Real Estate ETF (RWX) 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)
+2.0%
rate of change
SMC grade
D · 39
100.0% aligned
D · 39
SMC grade — 100.0% timeframe alignment
+2.0%
Rate of change (10d)

🕌 In-house Compliance Research

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

29.5428.4027.2626.1124.972025-10-212026-04-222026-10-19

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

Support & Resistance
S3
25.20
S2
25.33
S1
25.42
PIVOT
25.55
R1
25.64
R2
25.77
R3
25.86

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
26.11 – 27.33
±2.27% from 26.72, made 2026-09-15 · resolves 2026-09-22
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.

SELL
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesSTRONG SELL
4 buy · 0 neutral · 8 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)42.40NEUTRAL
Stochastic %K (14)56.79NEUTRAL
CCI (20)-9.14NEUTRAL
Williams %R (14)-43.21NEUTRAL
MACD (12,26,9)0.09BUY
ROC (10)1.52BUY
Momentum (10)0.38BUY
EMA (10)25.31BUY
SMA (10)25.22BUY
EMA (20)25.49BUY
SMA (20)25.38BUY
EMA (30)25.72SELL
SMA (30)25.73SELL
EMA (50)26.07SELL
SMA (50)26.37SELL
EMA (100)26.49SELL
SMA (100)26.65SELL
EMA (200)26.86SELL
SMA (200)27.15SELL

About State Street(R) SPDR(R) Dow Jones(R) International Real Estate ETF

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a float-adjusted market capitalization index designed to measure the performance of publicly traded real estate securities in countries excluding the United States.

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

Grade 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.

TimeframeBiasBars
📅 Daily BULLISH 41
🕐 1H BULLISH 47
⏱ 15-Min BULLISH 130
⏲ 5-Min BULLISH 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.

+2.0%
Rate of change (10d)
1.7×
Volume vs its 20-day average
-0.37
MACD (no fresh cross)
$25.62
Volume POC (today)
$25.58 – $25.64
Value area

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.

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.