Verdicts genuinely change. Free email alert the moment STPAX'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.
Saratoga Technology & Communication Portfolio · SARATOGA ADVANTAGE TRUST
28 holdings
COMPLIANT 4.94% of portfolio weight is in non-compliant holdings, under the 5% threshold.
28 holdings, 27 matched (99% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.
1.41% of this portfolio’s income is non-permissible — weighted across holdings, computed over 92% of portfolio weight (23 of 28 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.
70.5% compliant 24.0% questionable 4.9% non-compliant 0.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GOOG ALPHABET INC | QUESTIONABLE | 7.80% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| NVDA NVIDIA CORP | COMPLIANT | 7.32% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| KLAC KLA CORP | COMPLIANT | 7.31% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| CSCO CISCO SYSTEMS INC | COMPLIANT | 7.02% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| AVGO BROADCOM INC | COMPLIANT | 6.78% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 6.61% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 6.03% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| V VISA INC | COMPLIANT | 5.60% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| AAPL APPLE INC | COMPLIANT | 4.93% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| MA MASTERCARD INC | COMPLIANT | 3.73% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| META META PLATFORMS INC | QUESTIONABLE | 3.69% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| CRWD CROWDSTRIKE HOLDINGS INC | COMPLIANT | 3.58% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| SNPS SYNOPSYS INC | COMPLIANT | 3.55% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| CRM SALESFORCE INC | COMPLIANT | 2.95% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| KLIC KULICKE AND SOFFA INDUSTRIES INC | COMPLIANT | 2.92% | AAOIFI0.9% Usmani2.9% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic2.9% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| DOX AMDOCS LTD | COMPLIANT | 2.62% | AAOIFI12.6% Usmani12.4% Dow Jones Islamic9.2% S&P Shariah8.9% MSCI Islamic12.4% MSCI Islamic M-Series8.9% FTSE Shariah10.1% |
| AKAM AKAMAI TECHNOLOGIES INC | NON_COMPLIANT | 2.44% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AIT APPLIED INDUSTRIAL TECHNOLOGIES INC | COMPLIANT | 2.13% | AAOIFI4.2% Usmani16.7% Dow Jones Islamic5.0% S&P Shariah5.6% MSCI Islamic16.7% MSCI Islamic M-Series5.6% FTSE Shariah9.3% |
| ROK ROCKWELL AUTOMATION INC | COMPLIANT | 2.12% | AAOIFI6.1% Usmani26.4% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic26.4% MSCI Islamic M-Series8.1% FTSE Shariah23.2% |
| ASML ASML HOLDING NV | COMPLIANT | 1.98% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| CDNS CADENCE DESIGN SYSTEMS INC | COMPLIANT | 1.87% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ADBE ADOBE INC | COMPLIANT | 1.81% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| WDAY WORKDAY INC | COMPLIANT | 1.32% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| ORCL ORACLE CORP | NON_COMPLIANT | 1.31% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| INTU INTUIT INC | COMPLIANT | 1.26% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8% |
| VEEV VEEVA SYSTEMS INC | NON_COMPLIANT | 1.19% | AAOIFI0.4% Usmani1.7% Dow Jones Islamic0.4% S&P Shariah0.4% MSCI Islamic1.7% MSCI Islamic M-Series0.4% FTSE Shariah0.0% |
| DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS | UNSCREENED | 0.53% | no in-house ratios for this holding |
| DREYFUS TREASURY OBLIGATIONS CASH MANAGEMENT | NON_COMPLIANT | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 27 points of portfolio weight — 87.5% of it passes AAOIFI, 60.8% 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 87.5% ratios fail on 2.5% 10.4% not rated under AAOIFI
ratios pass on 70.0% ratios fail on 20.0% 10.4% not rated under Usmani
ratios pass on 85.1% ratios fail on 4.9% 10.4% not rated under Dow Jones Islamic
ratios pass on 83.8% ratios fail on 6.2% 10.4% not rated under S&P Shariah
ratios pass on 60.8% ratios fail on 21.4% 18.2% not rated under MSCI Islamic
ratios pass on 83.8% ratios fail on 6.2% 10.4% not rated under MSCI Islamic M-Series
ratios pass on 77.3% ratios fail on 12.7% 10.4% not rated under FTSE Shariah
26 of 28 listed holdings carry our own per-methodology verdicts (100% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (93% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Saratoga Technology & Communication Portfolio (STPAX) is currently considered halal (Sharia-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| GOOGALPHABET INC | 7.80% | Questionable |
| NVDANVIDIA CORP | 7.32% | Compliant |
| KLACKLA CORP | 7.31% | Compliant |
| CSCOCISCO SYSTEMS INC | 7.02% | Compliant |
| AVGOBROADCOM INC | 6.78% | Compliant |
| AMZNAMAZON.COM INC | 6.61% | Questionable |
| MSFTMICROSOFT CORP | 6.03% | Questionable |
| VVISA INC | 5.60% | Compliant |
| AAPLAPPLE INC | 4.93% | Compliant |
| MAMASTERCARD INC | 3.73% | Compliant |
Top 10 of 28 holdings, 63.1% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for STPAX. 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
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 61.00 | NEUTRAL |
| Stochastic %K (14) | 77.55 | NEUTRAL |
| CCI (20) | 73.90 | NEUTRAL |
| Williams %R (14) | -22.45 | NEUTRAL |
| MACD (12,26,9) | 0.05 | BUY |
| ROC (10) | 3.06 | BUY |
| Momentum (10) | 0.69 | BUY |
| EMA (10) | 23.14 | BUY |
| SMA (10) | 23.19 | BUY |
| EMA (20) | 22.91 | BUY |
| SMA (20) | 22.79 | BUY |
| EMA (30) | 22.76 | BUY |
| SMA (30) | 22.58 | BUY |
| EMA (50) | 22.56 | BUY |
| SMA (50) | 22.56 | BUY |
| EMA (100) | 22.17 | BUY |
| SMA (100) | 22.31 | BUY |
| EMA (200) | 21.46 | BUY |
| SMA (200) | 21.24 | 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.