Verdicts genuinely change. Free email alert the moment SPIT'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.
F/m Emerald Special Situations ETF ETF · RBB Fund, Inc.
49 holdings · as of 2026-07-31 (2.7 months ago)
NON-COMPLIANT 15.39% of portfolio weight is in non-compliant holdings, over the 5% threshold.
49 holdings, 38 matched (81% of weight). Portfolio as of 2026-07-31, filed 2026-09-24. Source: SEC Form N-PORT.
3.07% of this portfolio’s income is non-permissible — weighted across holdings, computed over 65% of portfolio weight (31 of 49 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.
58.7% compliant 6.7% questionable 15.4% non-compliant 19.2% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| CORT Corcept Therapeutics Inc | COMPLIANT | 5.38% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| TTI TETRA Technologies Inc | COMPLIANT | 3.95% | AAOIFI21.9% Usmani28.0% Dow Jones Islamic27.2% S&P Shariah30.3% MSCI Islamic28.0% MSCI Islamic M-Series30.3% FTSE Shariah22.9% |
| AMZN Amazon.com Inc | QUESTIONABLE | 3.89% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| GH Guardant Health Inc | COMPLIANT | 3.59% | AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6% |
| LIVN LivaNova PLC | COMPLIANT | 3.14% | AAOIFI7.7% Usmani13.2% Dow Jones Islamic11.3% S&P Shariah11.6% MSCI Islamic13.2% MSCI Islamic M-Series11.6% FTSE Shariah11.0% |
| EE Excelerate Energy Inc | NON_COMPLIANT | 3.09% | AAOIFI27.9% Usmani29.7% Dow Jones Islamic31.2% S&P Shariah36.8% MSCI Islamic25.9% MSCI Islamic M-Series36.8% FTSE Shariah22.2% |
| CRDO Credo Technology Group Holding | COMPLIANT | 3.04% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ARLO Arlo Technologies Inc | COMPLIANT | 3.04% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| TTWO Take-Two Interactive Software | QUESTIONABLE | 2.77% | AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9% |
| Skyward Specialty Insurance Gr | UNSCREENED | 2.72% | no in-house ratios for this holding |
| TVTX Travere Therapeutics Inc | COMPLIANT | 2.66% | AAOIFI10.0% Usmani77.2% Dow Jones Islamic24.4% S&P Shariah32.6% MSCI Islamic77.2% MSCI Islamic M-Series32.6% FTSE Shariah75.4% |
| Cardinal Infrastructure Group | UNSCREENED | 2.63% | no in-house ratios for this holding |
| IDCC InterDigital Inc | COMPLIANT | 2.39% | AAOIFI4.6% Usmani18.3% Dow Jones Islamic6.0% S&P Shariah7.5% MSCI Islamic18.3% MSCI Islamic M-Series7.5% FTSE Shariah17.8% |
| Solaris Energy Infrastructure | UNSCREENED | 2.35% | no in-house ratios for this holding |
| LASR nLight Inc | COMPLIANT | 2.34% | AAOIFI0.6% Usmani2.9% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic2.9% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| CVLT Commvault Systems Inc | COMPLIANT | 2.31% | AAOIFI16.2% Usmani48.5% Dow Jones Islamic14.5% S&P Shariah16.3% MSCI Islamic48.5% MSCI Islamic M-Series16.3% FTSE Shariah46.7% |
| AeroVironment Inc | UNSCREENED | 2.29% | no in-house ratios for this holding |
| BIIB Biogen Inc | COMPLIANT | 2.19% | AAOIFI21.2% Usmani22.5% Dow Jones Islamic27.5% S&P Shariah24.3% MSCI Islamic22.5% MSCI Islamic M-Series24.3% FTSE Shariah21.3% |
| MOD Modine Manufacturing Co | COMPLIANT | 2.13% | AAOIFI6.1% Usmani22.5% Dow Jones Islamic7.8% S&P Shariah9.3% MSCI Islamic22.4% MSCI Islamic M-Series9.3% FTSE Shariah17.3% |
| TMDX TransMedics Group Inc | NON_COMPLIANT | 2.09% | AAOIFI0.8% Usmani25.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic1.8% MSCI Islamic M-Series0.8% FTSE Shariah1.4% |
| AVGO Broadcom Inc | COMPLIANT | 2.07% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| NKTR Nektar Therapeutics | NON_COMPLIANT | 2.05% | AAOIFI3.1% Usmani7.2% Dow Jones Islamic8.2% S&P Shariah11.3% MSCI Islamic7.2% MSCI Islamic M-Series11.3% FTSE Shariah0.0% |
| FRPT Freshpet Inc | COMPLIANT | 2.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SBUX Starbucks Corp | COMPLIANT | 1.98% | AAOIFI19.3% Usmani79.3% Dow Jones Islamic21.4% S&P Shariah22.1% MSCI Islamic79.3% MSCI Islamic M-Series22.1% FTSE Shariah46.9% |
| MTZ MasTec Inc | COMPLIANT | 1.98% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| F/m Ultrashort Treasury Inflat | UNSCREENED | 1.88% | no in-house ratios for this holding |
| PLMR Palomar Holdings Inc | NON_COMPLIANT | 1.85% | AAOIFI8.4% Usmani7.5% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic7.5% MSCI Islamic M-Series10.7% FTSE Shariah7.5% |
| Mercury Systems Inc | UNSCREENED | 1.84% | no in-house ratios for this holding |
| FICO Fair Isaac Corp | COMPLIANT | 1.81% | AAOIFI27.8% Usmani274.8% Dow Jones Islamic14.4% S&P Shariah15.5% MSCI Islamic274.8% MSCI Islamic M-Series15.5% FTSE Shariah274.0% |
| AMSC American Superconductor Corp | COMPLIANT | 1.78% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MDB MongoDB Inc | COMPLIANT | 1.71% | AAOIFI0.1% Usmani1.5% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| Kratos Defense & Security Solu | UNSCREENED | 1.62% | no in-house ratios for this holding |
| Insmed Inc | UNSCREENED | 1.60% | no in-house ratios for this holding |
| P Everpure Inc | COMPLIANT | 1.58% | AAOIFI0.7% Usmani4.3% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic4.3% MSCI Islamic M-Series1.1% FTSE Shariah0.0% |
| NVDA NVIDIA Corp | COMPLIANT | 1.48% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| WVE WaVe Life Sciences Ltd | NON_COMPLIANT | 1.43% | AAOIFI3.9% Usmani7.8% Dow Jones Islamic2.9% S&P Shariah3.6% MSCI Islamic7.8% MSCI Islamic M-Series3.6% FTSE Shariah0.0% |
| BWX Technologies Inc | UNSCREENED | 1.42% | no in-house ratios for this holding |
| ACLS Axcelis Technologies Inc | COMPLIANT | 1.35% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariah— |
| U Unity Software Inc | COMPLIANT | 1.34% | AAOIFI0.5% Usmani1.3% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.3% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| MATW Matthews International Corp | NON_COMPLIANT | 1.30% | AAOIFI95.2% Usmani41.7% Dow Jones Islamic85.0% S&P Shariah80.4% MSCI Islamic41.7% MSCI Islamic M-Series80.4% FTSE Shariah37.7% |
| BLLN Billiontoone Inc | COMPLIANT | 1.20% | AAOIFI3.1% Usmani19.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.6% MSCI Islamic M-Seriespass FTSE Shariah12.5% |
| BA Boeing Co/The | NON_COMPLIANT | 1.17% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| INDI indie Semiconductor Inc | NON_COMPLIANT | 1.16% | AAOIFI51.7% Usmani51.3% Dow Jones Islamic50.6% S&P Shariah41.2% MSCI Islamic51.3% MSCI Islamic M-Series41.2% FTSE Shariah49.4% |
| BE Bloom Energy Corp | COMPLIANT | 1.15% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FTAI FTAI Aviation Ltd | COMPLIANT | 1.13% | AAOIFI17.1% Usmani76.9% Dow Jones Islamic19.5% S&P Shariah24.8% MSCI Islamic76.9% MSCI Islamic M-Series24.8% FTSE Shariah76.9% |
| TSS Inc/MD | UNSCREENED | 0.90% | no in-house ratios for this holding |
| PXLW Pixelworks Inc | NON_COMPLIANT | 0.78% | AAOIFI1.1% Usmani0.8% Dow Jones Islamic1.1% S&P Shariah0.8% MSCI Islamic0.8% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| SOC Sable Offshore Corp | NON_COMPLIANT | 0.48% | AAOIFI106.5% Usmani55.0% Dow Jones Islamic54.9% S&P Shariah73.1% MSCI Islamic55.0% MSCI Islamic M-Series73.1% FTSE Shariah55.0% |
| U.S. Bank Money Market Deposit Account | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 24 points of portfolio weight — 46.7% of it passes AAOIFI, 22.8% 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 46.7% ratios fail on 10.2% 43.1% not rated under AAOIFI
ratios pass on 26.5% ratios fail on 28.0% 45.6% not rated under Usmani
ratios pass on 46.7% ratios fail on 9.4% 43.9% not rated under Dow Jones Islamic
ratios pass on 43.6% ratios fail on 12.5% 43.9% not rated under S&P Shariah
ratios pass on 22.8% ratios fail on 34.6% 42.7% not rated under MSCI Islamic
ratios pass on 43.6% ratios fail on 12.5% 43.9% not rated under MSCI Islamic M-Series
ratios pass on 28.4% ratios fail on 26.0% 45.6% not rated under FTSE Shariah
38 of 49 listed holdings carry our own per-methodology verdicts (81% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 31 (63% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| EE Excelerate Energy Inc | 3.09% |
| TMDX TransMedics Group Inc | 2.09% |
| NKTR Nektar Therapeutics | 2.05% |
| PLMR Palomar Holdings Inc | 1.85% |
| WVE WaVe Life Sciences Ltd | 1.43% |
| MATW Matthews International Corp | 1.30% |
| BA Boeing Co/The | 1.17% |
| INDI indie Semiconductor Inc | 1.16% |
| PXLW Pixelworks Inc | 0.78% |
| SOC Sable Offshore Corp | 0.48% |
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.
F/m Emerald Special Situations ETF (SPIT) 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.
Computing the full ratio and business-activity breakdown for SPIT — 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) | 32.70 | NEUTRAL |
| Stochastic %K (14) | 22.79 | NEUTRAL |
| CCI (20) | -127.78 | BUY |
| Williams %R (14) | -77.21 | NEUTRAL |
| MACD (12,26,9) | -0.18 | SELL |
| ROC (10) | -7.76 | SELL |
| Momentum (10) | -2.43 | SELL |
| EMA (10) | 29.55 | SELL |
| SMA (10) | 29.78 | SELL |
| EMA (20) | 30.17 | SELL |
| SMA (20) | 30.36 | SELL |
| EMA (30) | 30.58 | SELL |
| SMA (30) | 30.68 | SELL |
| EMA (50) | 31.11 | SELL |
| SMA (50) | 31.57 | SELL |
| EMA (100) | 31.34 | SELL |
| SMA (100) | 32.32 | SELL |
| EMA (200) | 30.01 | SELL |
| SMA (200) | 30.58 | SELL |
Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by companies experiencing Special Situations. It can invest in companies from a wide range of industries and of various sizes. The fund will invest primarily in mid and small-size companies.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 |
| ⏱ 15-Min | BEARISH | 43 |
| ⏲ 5-Min | BULLISH | 131 |
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 2026-10-13 · Asset managers net 915835 (+9220)
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.