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TBGETF / FundTBG Dividend Focus ETF

$36.63 last close 2026-10-13
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 87% of portfolio weight covered
Fund look-through

TBG Dividend Focus ETF ETF · EA Series Trust

38 holdings · as of 2026-07-31 (2.5 months ago)

NON-COMPLIANT 50.80% of portfolio weight is in non-compliant holdings, over the 5% threshold.

38 holdings, 34 matched (87% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.

0.87% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (31 of 38 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.

36.5% compliant 0.0% questionable 50.8% non-compliant 12.5% unscreened

All holdings (38)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
First American Government Obligations Fund UNSCREENED 4.96% no in-house ratios for this holding
BX Blackstone Inc NON_COMPLIANT 4.52% AAOIFI7.9% Usmani26.7% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic26.7% MSCI Islamic M-Series13.8% FTSE Shariah26.7%
MRK Merck & Co Inc COMPLIANT 4.24% AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5%
VZ Verizon Communications Inc NON_COMPLIANT 3.77% AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3%
CVX Chevron Corp COMPLIANT 3.70% AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1%
PG Procter & Gamble Co/The COMPLIANT 3.53% AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2%
SPG Simon Property Group Inc NON_COMPLIANT 3.44% AAOIFI42.4% Usmani72.3% Dow Jones Islamic57.5% S&P Shariah63.8% MSCI Islamic72.3% MSCI Islamic M-Series63.8% FTSE Shariah72.3%
BIPC Brookfield Infrastructure Corp NON_COMPLIANT 3.34% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
PEP PepsiCo Inc COMPLIANT 3.29% AAOIFI23.4% Usmani39.4% Dow Jones Islamic22.7% S&P Shariah22.0% MSCI Islamic39.4% MSCI Islamic M-Series22.0% FTSE Shariah39.4%
JNJ Johnson & Johnson COMPLIANT 3.21% AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4%
ACN Accenture PLC COMPLIANT 3.02% AAOIFI7.7% Usmani12.2% Dow Jones Islamic5.0% S&P Shariah4.7% MSCI Islamic12.2% MSCI Islamic M-Series4.7% FTSE Shariah7.5%
GIS General Mills Inc NON_COMPLIANT 2.98% AAOIFI81.9% Usmani45.8% Dow Jones Islamic55.0% S&P Shariah49.4% MSCI Islamic45.8% MSCI Islamic M-Series49.4% FTSE Shariah44.5%
AEP American Electric Power Co Inc NON_COMPLIANT 2.95% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
ET Energy Transfer LP NON_COMPLIANT 2.89% AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2%
Enterprise Products Partners LP UNSCREENED 2.71% no in-house ratios for this holding
UNH UnitedHealth Group Inc NON_COMPLIANT 2.67% AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7%
MC Moelis & Co NON_COMPLIANT 2.62% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
AMGN Amgen Inc COMPLIANT 2.57% AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah—
OWL Blue Owl Capital Inc NON_COMPLIANT 2.55% AAOIFI21.8% Usmani30.9% Dow Jones Islamic16.0% S&P Shariah16.4% MSCI Islamic30.9% MSCI Islamic M-Series16.4% FTSE Shariah30.9%
Lamar Advertising Co UNSCREENED 2.53% no in-house ratios for this holding
VICI VICI Properties Inc NON_COMPLIANT 2.52% AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1%
GILD Gilead Sciences Inc COMPLIANT 2.49% AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2%
Vail Resorts Inc UNSCREENED 2.28% no in-house ratios for this holding
LINE Lineage Inc NON_COMPLIANT 2.18% AAOIFI78.9% Usmani43.1% Dow Jones Islamic66.3% S&P Shariahfail MSCI Islamic36.3% MSCI Islamic M-Seriesfail FTSE Shariah32.9%
JPM JPMORGAN CHASE & CO. NON_COMPLIANT 2.10% AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4%
LMT Lockheed Martin Corp NON_COMPLIANT 2.08% AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9%
MS Morgan Stanley NON_COMPLIANT 2.07% AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4%
SBUX Starbucks Corp COMPLIANT 2.06% AAOIFI19.3% Usmani79.3% Dow Jones Islamic21.4% S&P Shariah22.1% MSCI Islamic79.3% MSCI Islamic M-Series22.1% FTSE Shariah46.9%
ENB.TO Enbridge Inc NON_COMPLIANT 1.86% AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail
CSCO Cisco Systems Inc COMPLIANT 1.86% AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6%
MCD McDonald's Corp NON_COMPLIANT 1.84% AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5%
XOM ExxonMobil Holdings Corp COMPLIANT 1.79% AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1%
TXN Texas Instruments Inc COMPLIANT 1.79% AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2%
DPZ Domino's Pizza Inc NON_COMPLIANT 1.67% AAOIFI45.3% Usmani297.7% Dow Jones Islamic37.0% S&P Shariah36.3% MSCI Islamic290.5% MSCI Islamic M-Series36.3% FTSE Shariah277.0%
ITW Illinois Tool Works Inc COMPLIANT 1.64% AAOIFI12.7% Usmani58.8% Dow Jones Islamic13.1% S&P Shariah13.4% MSCI Islamic58.8% MSCI Islamic M-Series13.4% FTSE Shariah58.8%
EMN Eastman Chemical Co NON_COMPLIANT 1.42% AAOIFI64.1% Usmani33.8% Dow Jones Islamic60.0% S&P Shariah58.0% MSCI Islamic33.8% MSCI Islamic M-Series58.0% FTSE Shariah33.8%
IBM International Business Machines Corp COMPLIANT 1.33% AAOIFI29.5% Usmani42.9% Dow Jones Islamic28.2% S&P Shariah32.2% MSCI Islamic42.9% MSCI Islamic M-Series32.2% FTSE Shariah40.8%
LEN Lennar Corp NON_COMPLIANT 1.33% AAOIFI29.9% Usmani17.4% Dow Jones Islamic21.5% S&P Shariah19.9% MSCI Islamic17.4% MSCI Islamic M-Series19.9% FTSE Shariah17.4%

The published standards disagree about this fund by 27 points of portfolio weight — 52.3% of it passes AAOIFI, 25.2% passes Usmani. 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 52.3% ratios fail on 32.5% 15.0% not rated under AAOIFI

34 of 38 listed holdings carry our own per-methodology verdicts (87% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 31 (80% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
BX Blackstone Inc 4.52%
VZ Verizon Communications Inc 3.77%
SPG Simon Property Group Inc 3.44%
BIPC Brookfield Infrastructure Corp 3.34%
GIS General Mills Inc 2.98%
AEP American Electric Power Co Inc 2.95%
ET Energy Transfer LP 2.89%
UNH UnitedHealth Group Inc 2.67%
MC Moelis & Co 2.62%
OWL Blue Owl Capital Inc 2.55%

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.

Structure0 of 5 timeframes bullish · 0.0% aligned
VWAPPrice holding above VWAP ($36.59)
VolumeRelative volume 4.8× the 20-day average
Momentum10-day rate of change +0.5%

TBG Dividend Focus ETF (TBG) 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)
+0.5%
rate of change
SMC grade
F · 26
0.0% aligned
F · 26
SMC grade — 0.0% timeframe alignment
+0.5%
Rate of change (10d)

🕌 In-house Compliance Research

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

39.4937.5435.5933.6431.692025-10-142026-04-152026-10-13

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

Support & Resistance
S3
36.62
S2
36.66
S1
36.72
PIVOT
36.76
R1
36.82
R2
36.86
R3
36.92

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
37.25 – 38.67
±1.86% from 37.96, made 2026-09-13 · resolves 2026-09-20
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)41.50NEUTRAL
Stochastic %K (14)61.37NEUTRAL
CCI (20)-7.54NEUTRAL
Williams %R (14)-38.63NEUTRAL
MACD (12,26,9)0.08BUY
ROC (10)0.55BUY
Momentum (10)0.20BUY
EMA (10)36.59BUY
SMA (10)36.41BUY
EMA (20)36.86SELL
SMA (20)36.75SELL
EMA (30)37.13SELL
SMA (30)37.31SELL
EMA (50)37.38SELL
SMA (50)37.98SELL
EMA (100)37.19SELL
SMA (100)37.54SELL
EMA (200)36.08BUY
SMA (200)36.29BUY

About TBG Dividend Focus ETF

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

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

Grade verdict

No real edge — avoid

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 RANGING 41
⏰ 4H NEUTRAL 15
🕐 1H RANGING 61
⏱ 15-Min RANGING 130
⏲ 5-Min RANGING 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.

+0.5%
Rate of change (10d)
4.8×
Volume vs its 20-day average
-0.52
MACD (no fresh cross)
$36.62
Volume POC (today)
$36.62 – $36.70
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 2026-10-06 · Asset managers net 906615 (+2612)

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.