Verdicts genuinely change. Free email alert the moment TDADX'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.
Templeton Emerging Markets Equity Fund · Templeton Developing Markets Trust
105 holdings
NON-COMPLIANT 30.60% of portfolio weight is in non-compliant holdings, over the 5% threshold.
105 holdings, 74 matched (90% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
5.00% of this portfolio’s income is non-permissible — weighted across holdings, computed over 83% of portfolio weight (66 of 105 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.
59.3% compliant 0.0% questionable 30.5% non-compliant 10.2% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Co. Ltd. | COMPLIANT | 14.43% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 000660.KS SK Hynix, Inc. | COMPLIANT | 12.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 005930.KS Samsung Electronics Co. Ltd. | COMPLIANT | 10.04% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 2454.TW MediaTek, Inc. | COMPLIANT | 4.15% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| Franklin Institutional U.S. Government Money Market Fund | UNSCREENED | 3.53% | no in-house ratios for this holding |
| PRX.AS Prosus NV | NON_COMPLIANT | 2.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1211.HK BYD Co. Ltd. | COMPLIANT | 2.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ICICIBANK.NS ICICI Bank Ltd. | NON_COMPLIANT | 2.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2317.TW Hon Hai Precision Industry Co. Ltd. | NON_COMPLIANT | 1.96% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4958.TW Zhen Ding Technology Holding Ltd. | COMPLIANT | 1.94% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0700.HK Tencent Holdings Ltd. | COMPLIANT | 1.78% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Grupo Financiero Banorte SAB de CV | UNSCREENED | 1.73% | no in-house ratios for this holding |
| 2301.TW Lite-On Technology Corp. | COMPLIANT | 1.59% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0669.HK Techtronic Industries Co. Ltd. | COMPLIANT | 1.58% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HDFCBANK.NS HDFC Bank Ltd. | NON_COMPLIANT | 1.46% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ITUB3.SA Itau Unibanco Holding SA | NON_COMPLIANT | 1.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3968.HK China Merchants Bank Co. Ltd. | NON_COMPLIANT | 1.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VALE3.SA Vale SA | NON_COMPLIANT | 1.41% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 2269.HK Wuxi Biologics Cayman, Inc. | COMPLIANT | 1.34% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| LG Corp. | UNSCREENED | 1.28% | no in-house ratios for this holding |
| BABA Alibaba Group Holding Ltd. | COMPLIANT | 1.25% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 005380.KS Hyundai Motor Co. | NON_COMPLIANT | 1.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DSY.JO Discovery Ltd. | NON_COMPLIANT | 1.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 032830.KS Samsung Life Insurance Co. Ltd. | NON_COMPLIANT | 1.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 600312.SS Henan Pinggao Electric Co. Ltd. | COMPLIANT | 1.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBDC3.SA Banco Bradesco SA | NON_COMPLIANT | 1.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NTES NetEase, Inc. | NON_COMPLIANT | 0.97% | AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2% |
| PETR3.SA Petroleo Brasileiro SA | NON_COMPLIANT | 0.93% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Richter Gedeon Nyrt. | UNSCREENED | 0.90% | no in-house ratios for this holding |
| 600406.SS NARI Technology Co. Ltd. | COMPLIANT | 0.79% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 035420.KS NAVER Corp. | COMPLIANT | 0.74% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BSANTANDER.SN Banco Santander Chile | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DHER.DE Delivery Hero SE | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 323410.KS KakaoBank Corp. | NON_COMPLIANT | 0.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 241560.KS Doosan Bobcat, Inc. | NON_COMPLIANT | 0.67% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 9961.HK Trip.com Group Ltd. | NON_COMPLIANT | 0.66% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Netcare Ltd. | UNSCREENED | 0.63% | no in-house ratios for this holding |
| G Genpact Ltd. | NON_COMPLIANT | 0.63% | AAOIFI22.3% Usmani26.1% Dow Jones Islamic19.6% S&P Shariah20.7% MSCI Islamic25.8% MSCI Islamic M-Series20.7% FTSE Shariah21.8% |
| BIDU Baidu, Inc. | NON_COMPLIANT | 0.62% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| BAJAJHLDNG.NS Bajaj Holdings & Investment Ltd. | NON_COMPLIANT | 0.60% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| 2318.HK Ping An Insurance Group Co. of China Ltd. | NON_COMPLIANT | 0.59% | AAOIFI155.6% Usmani10.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.4% MSCI Islamic M-Seriesfail FTSE Shariah10.4% |
| CTSH Cognizant Technology Solutions Corp. | COMPLIANT | 0.58% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| HMY Harmony Gold Mining Co. Ltd. | COMPLIANT | 0.54% | AAOIFI3.2% Usmani14.2% Dow Jones Islamic4.3% S&P Shariah5.2% MSCI Islamic14.2% MSCI Islamic M-Series5.2% FTSE Shariah14.2% |
| ETERNAL.NS Eternal Ltd. | COMPLIANT | 0.53% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1876.HK Budweiser Brewing Co. APAC Ltd. | NON_COMPLIANT | 0.53% | AAOIFI2.7% Usmani2.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.9% MSCI Islamic M-Seriesfail FTSE Shariah1.9% |
| PINELABS.NS Pine Labs Ltd. | NON_COMPLIANT | 0.50% | AAOIFI2.3% Usmani4.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic3.3% MSCI Islamic M-Seriesfail FTSE Shariah3.3% |
| 2338.HK Weichai Power Co. Ltd. | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TOTVS SA | UNSCREENED | 0.47% | no in-house ratios for this holding |
| MNRIF Minor International PCL | NON_COMPLIANT | 0.44% | AAOIFI157.1% Usmani77.3% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic52.0% MSCI Islamic M-Series0.3% FTSE Shariah52.0% |
| RNW ReNew Energy Global plc | NON_COMPLIANT | 0.44% | AAOIFIfail Usmani60.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic60.7% MSCI Islamic M-Seriesfail FTSE Shariah60.7% |
| BDO Unibank, Inc. | UNSCREENED | 0.37% | no in-house ratios for this holding |
| 6088.HK FIT Hon Teng Ltd. | NON_COMPLIANT | 0.35% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ATHERENERG.NS Ather Energy Ltd. | COMPLIANT | 0.34% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KPCPF Kasikornbank PCL | NON_COMPLIANT | 0.34% | AAOIFI39.4% Usmani4.9% Dow Jones Islamic57.8% S&P Shariah66.8% MSCI Islamic4.9% MSCI Islamic M-Series66.8% FTSE Shariah4.9% |
| INFY Infosys Ltd. | COMPLIANT | 0.34% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NIVABUPA.NS Niva Bupa Health Insurance Co. Ltd. | NON_COMPLIANT | 0.34% | AAOIFI1.7% Usmani2.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.2% MSCI Islamic M-Seriesfail FTSE Shariah2.2% |
| HYPE3.SA Hypera SA | NON_COMPLIANT | 0.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9IFA.F Intercorp Financial Services, Inc. | NON_COMPLIANT | 0.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1024.HK Kuaishou Technology | NON_COMPLIANT | 0.32% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| XP XP, Inc. | NON_COMPLIANT | 0.30% | AAOIFI15.5% Usmani0.5% Dow Jones Islamic3.1% S&P Shariah2.9% MSCI Islamic0.5% MSCI Islamic M-Series2.9% FTSE Shariah0.5% |
| 6690.HK Haier Smart Home Co. Ltd. | COMPLIANT | 0.30% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Franklin Institutional U.S. Government Money Market Fund | UNSCREENED | 0.29% | no in-house ratios for this holding |
| 0220.HK Uni-President China Holdings Ltd. | COMPLIANT | 0.26% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RDY Dr Reddy's Laboratories Ltd. | COMPLIANT | 0.26% | AAOIFI1.0% Usmani1.8% Dow Jones Islamic0.9% S&P Shariah0.9% MSCI Islamic1.8% MSCI Islamic M-Series0.9% FTSE Shariah1.8% |
| Emaar Development PJSC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| 128940.KS Hanmi Pharm Co. Ltd. | COMPLIANT | 0.23% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FEDERALBNK.NS Federal Bank Ltd. | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1801.HK Innovent Biologics, Inc. | COMPLIANT | 0.22% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ACC.NS ACC Ltd. | COMPLIANT | 0.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ASII.JK Astra International Tbk. PT | NON_COMPLIANT | 0.22% | AAOIFI60.1% Usmani22.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.7% MSCI Islamic M-Seriesfail FTSE Shariah21.7% |
| BRIGADE.BO Brigade Enterprises Ltd. | NON_COMPLIANT | 0.21% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Misto Holdings Corp. | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Emirates Central Cooling Systems Corp. | UNSCREENED | 0.18% | no in-house ratios for this holding |
| JD JD.com, Inc. | NON_COMPLIANT | 0.15% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| BIM Birlesik Magazalar A/S | UNSCREENED | 0.15% | no in-house ratios for this holding |
| 1199.HK COSCO SHIPPING Ports Ltd. | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 006400.KS Samsung SDI Co. Ltd. | COMPLIANT | 0.13% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Y92.SI Thai Beverage PCL | NON_COMPLIANT | 0.13% | AAOIFI81.4% Usmani47.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic46.2% MSCI Islamic M-Seriesfail FTSE Shariah46.2% |
| Star Petroleum Refining PCL | UNSCREENED | 0.12% | no in-house ratios for this holding |
| KIFF.F Kiatnakin Phatra Bank PCL | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2338.HK Weichai Power Co. Ltd. | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| DQN.MX Daqo New Energy Corp. | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Spinneys 1961 Holding plc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 2869.HK Greentown Service Group Co. Ltd. | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 200581.SZ Weifu High-Technology Group Co. Ltd. | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| KT Skylife Co. Ltd. | UNSCREENED | 0.05% | no in-house ratios for this holding |
| WIZZ.L Wizz Air Holdings plc | NON_COMPLIANT | 0.04% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MMYT MakeMyTrip Ltd. | NON_COMPLIANT | 0.02% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| Hemisphere Properties India Ltd. | UNSCREENED | 0.02% | no in-house ratios for this holding |
| ASAHIINDIA.BO Asahi India Glass Ltd. | COMPLIANT | 0.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Hemisphere Properties India Ltd. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Indian Rupee | UNSCREENED | 0.00% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Hong Kong Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Rand | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Brazilian Real | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Yuan Renminbi | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Won | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Sberbank of Russia PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Mexican Peso | UNSCREENED | 0.00% | no in-house ratios for this holding |
| New Taiwan Dollar | UNSCREENED | 0.00% | no in-house ratios for this holding |
| LUKOIL PJSC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Rupiah | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Forint | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Philippine Peso | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 57.8% of it passes AAOIFI, 34.3% 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 57.8% ratios fail on 31.2% 11.4% not rated under AAOIFI
ratios pass on 42.6% ratios fail on 43.4% 14.4% not rated under Usmani
ratios pass on 56.5% ratios fail on 29.4% 14.4% not rated under Dow Jones Islamic
ratios pass on 56.5% ratios fail on 29.5% 14.4% not rated under S&P Shariah
ratios pass on 34.3% ratios fail on 51.6% 14.4% not rated under MSCI Islamic
ratios pass on 55.2% ratios fail on 30.7% 14.4% not rated under MSCI Islamic M-Series
ratios pass on 43.8% ratios fail on 42.1% 14.4% not rated under FTSE Shariah
73 of 105 listed holdings carry our own per-methodology verdicts (90% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 23 (34% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| PRX.AS Prosus NV | 2.34% |
| ICICIBANK.NS ICICI Bank Ltd. | 2.04% |
| 2317.TW Hon Hai Precision Industry Co. Ltd. | 1.96% |
| HDFCBANK.NS HDFC Bank Ltd. | 1.46% |
| ITUB3.SA Itau Unibanco Holding SA | 1.43% |
| 3968.HK China Merchants Bank Co. Ltd. | 1.42% |
| VALE3.SA Vale SA | 1.41% |
| 005380.KS Hyundai Motor Co. | 1.25% |
| DSY.JO Discovery Ltd. | 1.14% |
| 032830.KS Samsung Life Insurance Co. Ltd. | 1.13% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Templeton Emerging Markets Equity Fund (TDADX) 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.
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 |
|---|---|---|
| TSMTaiwan Semiconductor Manufacturing Co. Ltd. | 14.43% | Compliant |
| 000660.KSSK Hynix, Inc. | 12.68% | Compliant |
| 005930.KSSamsung Electronics Co. Ltd. | 10.04% | Compliant |
| 2454.TWMediaTek, Inc. | 4.15% | Compliant |
| Franklin Institutional U.S. Government Money Market Fundnot matched to a ticker | 3.53% | Not screened |
| PRX.ASProsus NV | 2.34% | Non-compliant |
| 1211.HKBYD Co. Ltd. | 2.16% | Compliant |
| ICICIBANK.NSICICI Bank Ltd. | 2.04% | Non-compliant |
| 2317.TWHon Hai Precision Industry Co. Ltd. | 1.96% | Non-compliant |
| 4958.TWZhen Ding Technology Holding Ltd. | 1.94% | Compliant |
Top 10 of 105 holdings, 55.3% 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 TDADX. 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 3 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) | 47.50 | NEUTRAL |
| Stochastic %K (14) | 17.90 | BUY |
| CCI (20) | -51.76 | NEUTRAL |
| Williams %R (14) | -82.10 | BUY |
| MACD (12,26,9) | -0.08 | SELL |
| ROC (10) | -1.84 | SELL |
| Momentum (10) | -0.66 | SELL |
| EMA (10) | 35.50 | SELL |
| SMA (10) | 35.52 | SELL |
| EMA (20) | 35.51 | SELL |
| SMA (20) | 35.52 | SELL |
| EMA (30) | 35.43 | SELL |
| SMA (30) | 35.55 | SELL |
| EMA (50) | 35.22 | SELL |
| SMA (50) | 35.20 | SELL |
| EMA (100) | 34.41 | BUY |
| SMA (100) | 35.08 | BUY |
| EMA (200) | 32.03 | BUY |
| SMA (200) | 32.37 | 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.