Verdicts genuinely change. Free email alert the moment SPCX'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.
The SPAC and New Issue ETF · Collaborative Investment Series Trust
49 holdings
NON-COMPLIANT 73.48% of portfolio weight is in non-compliant holdings, over the 5% threshold.
49 holdings, 32 matched (74% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
0.0% compliant 0.0% questionable 73.5% non-compliant 25.4% unscreened
| Non-compliant holding | Weight |
|---|---|
| BBCQ Bleichroeder Acquisition Corp II | 5.04% |
| CCII Cohen Circle Acquisition Corp II | 4.72% |
| FGII FG Imperii Acquisition Corp | 4.22% |
| TACO Berto Acquisition Corp | 3.90% |
| CAIIU Collective Acquisition Corp. II | 3.29% |
| PTOR Praetorian Acquisition Corp | 3.28% |
| RREV RRE Ventures Acquisition Corp | 3.28% |
| ARTC Art Technology Acquisition Corp | 3.26% |
| BID Tribeca Strategic Acquisition Corp | 3.25% |
| FTRA FutureCorp Space Acquisition 1 | 3.08% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
SPACE EXPLORATION TECHNOLOGIES CORP (SPCX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings (last assessed 2026-08-29). See the weight breakdown below for the reasoning.
Computed from published company financials, balance sheet as of 2026-06-30. SPCX files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 2.21% | 30.00% | Pass |
| Interest-bearing investments | 5.41% | 30.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 21.35% | 33.00% | Pass |
| Interest-bearing investments | 52.31% | 33.00% | Fail |
| Non-liquid assets | 45.82% | at least 20.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 21.35% | 33.33% | Pass |
| Cash + interest-bearing securities | 52.31% | 33.33% | Fail |
| Accounts receivable | 54.18% | 33.33% | Fail |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 21.17% | 33.33% | Pass |
| Cash + interest-bearing securities | 52.31% | 33.33% | Fail |
| Accounts receivable | 54.18% | 50.00% | Fail |
ℹ️ Dow Jones Islamic Market, MSCI M-Series, S&P Shariah divide by a trailing-average market cap (24- or 36-month) rather than today's. That price history is not collected for non-US listings, so these are reported as unverified — it reflects a missing input on our side, not anything about the company.
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
Every current reading against its own line, closest first. A verdict is only as durable as that distance.
Read from SPCX's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.
| Line | Figure | As reported | Read from |
|---|---|---|---|
| RevenueTotal revenue for the period | not measured | — | — |
| Interest-bearing debtBorrowings — which definition was stored is not recorded | $40.8B | 2026-06-30 | LongTermDebt, LongTermDebtAndCapitalLeaseObligationsCurrent |
| Cash and interest-bearing securitiesCash, equivalents and marketable securities | $100.8B | 2026-06-30 | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents, MarketableSecuritiesCurrent |
| Total assetsBalance sheet total | $192.8B | 2026-06-30 | Assets |
| Market capDenominator for AAOIFI | $1.9T | live quote | price x shares |
| 36-month average market capDenominator for S&P Shariah and MSCI M-Series | $1.9T | 756 trading days | closes x shares |
| 24-month average market capDenominator for Dow Jones Islamic Market | $1.9T | 504 trading days | closes x shares |
| Non-permissible revenueInterest and excluded income | not measured | — | — |
Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.
Verdict history for SPCX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
| Investor | Firm | Position | Weight | As of |
|---|---|---|---|---|
| Philippe Laffont | Coatue Management | $3,171M | 6.5% | 2026-06-30 |
| Chase Coleman | Tiger Global Management | $64M | 0.3% | 2026-06-30 |
| David Tepper | Appaloosa | $38M | 0.5% | 2026-06-30 |
| Daniel Loeb | Third Point | $31M | 0.7% | 2026-06-30 |
| Ray Dalio | Bridgewater Associates | $2M | 0.0% | 2026-06-30 |
| Ken Fisher | Fisher Asset Management | $0M | 0.0% | 2026-06-30 |
From the most recent 13F on file. A 13F reports long US equity positions quarterly and in arrears — it is what a manager held on the report date, not what they hold today.
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) | 61.30 | NEUTRAL |
| Stochastic %K (14) | 94.81 | SELL |
| CCI (20) | 181.01 | SELL |
| Williams %R (14) | -5.19 | SELL |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | 4.09 | BUY |
| Momentum (10) | 6.25 | BUY |
| EMA (10) | 150.87 | BUY |
| SMA (10) | 150.42 | BUY |
| EMA (20) | 148.97 | BUY |
| SMA (20) | 150.13 | BUY |
| EMA (30) | 147.48 | BUY |
| SMA (30) | 147.03 | BUY |
| EMA (50) | 146.43 | BUY |
| SMA (50) | 138.96 | BUY |
| EMA (100) | 143.77 | BUY |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.
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.