TEMRETF / FundT. Rowe Price Emerging Markets Equity Research ETF
Verdicts genuinely change. Free email alert the moment TEMR's does — no target price to set, unlike a price alert.
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.
T. Rowe Price Emerging Markets Equity Research ETF · T. Rowe Price Exchange-Traded Funds, Inc.
279 holdings · as of 2026-07-31 (3.3 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT At least 18.83% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 46% turns out to be. Matching more holdings can only raise this share, never lower it.
279 holdings, 161 matched (54% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
6.14% of this portfolio’s income is non-permissible — weighted across holdings, computed over 45% of portfolio weight (131 of 279 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (279) · showing 251–279
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| HYOSUNG HEAVY INDUSTRIES COR | UNSCREENED | 0.08% | no in-house ratios for this holding |
| LI LI AUTO INC-CLASS A | NON_COMPLIANT | 0.08% | AAOIFI17.1% Usmani11.5% Dow Jones Islamic5.6% S&P Shariah5.0% MSCI Islamic11.3% MSCI Islamic M-Series5.0% FTSE Shariah6.2% |
| XPEV XPENG INC - CLASS A SHARES | NON_COMPLIANT | 0.08% | AAOIFI18.0% Usmani4.8% Dow Jones Islamic1.0% S&P Shariah1.1% MSCI Islamic4.8% MSCI Islamic M-Series1.1% FTSE Shariah3.8% |
| KOREA ELEC POWER CORP-SP ADR | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BSE.NS BSE LTD | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ENERGISA SA-UNITS | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 2280.SR ALMARAI CO | COMPLIANT | 0.07% | AAOIFI27.9% Usmani34.0% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic32.6% MSCI Islamic M-Seriespass FTSE Shariah32.6% |
| YUNNAN ALUMINIUM CO LTD-A SHS QFII | UNSCREENED | 0.07% | no in-house ratios for this holding |
| GULF DEVELOPMENT PCL-FOREIGN | UNSCREENED | 0.07% | no in-house ratios for this holding |
| 0135.HK KUNLUN ENERGY COMPANY LTD | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CEZ.PR CEZ AS | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| RASAN INFORMATION TECHNOLOGY | UNSCREENED | 0.07% | no in-house ratios for this holding |
| PTT EXPLORATION & PROD-FOR | UNSCREENED | 0.07% | no in-house ratios for this holding |
| PRX.AS PROSUS | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| KCHOL.IS KOC HOLDING AS | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1093.HK CSPC PHARMACEUTICAL GROUP LTD | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 064350.KS HYUNDAI ROTEM COMPANY | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| GRUPO AEROPORT DEL SURESTE-B | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SUZANO SA-SP ADR | UNSCREENED | 0.06% | no in-house ratios for this holding |
| REDE D OR SAO LUIZ SA | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CGN POWER CO LTD-H SHS | UNSCREENED | 0.06% | no in-house ratios for this holding |
| INDHOTEL.NS INDIAN HOTELS CO LTD | COMPLIANT | 0.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CPNG COUPANG INC-A | COMPLIANT | 0.06% | AAOIFI20.5% Usmani32.4% Dow Jones Islamic13.3% S&P Shariah14.3% MSCI Islamic32.4% MSCI Islamic M-Series14.3% FTSE Shariah15.0% |
| SWIGGY.NS SWIGGY LTD | COMPLIANT | 0.06% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SG MICRO CORP-H SHS | UNSCREENED | 0.06% | no in-house ratios for this holding |
| YANGTZE OPTICAL FIBRE AND-H | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CLCGY CLICKS GROUP LTD | COMPLIANT | 0.05% | AAOIFI9.8% Usmani38.4% Dow Jones Islamic3.2% S&P Shariah3.4% MSCI Islamic19.2% MSCI Islamic M-Series3.4% FTSE Shariah19.2% |
| TURKCELL ILETISIM HIZMET AS | UNSCREENED | 0.05% | no in-house ratios for this holding |
| KINGBOARD LAMINATES HLDG LTD | UNSCREENED | 0.03% | no in-house ratios for this holding |
The published standards disagree about this fund by 11 points of portfolio weight — 30.2% of it passes AAOIFI, 19.4% 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 30.2% ratios fail on 21.3% 48.1% not rated under AAOIFI
ratios pass on 23.2% ratios fail on 21.6% 54.9% not rated under Usmani
ratios pass on 26.1% ratios fail on 18.1% 55.5% not rated under Dow Jones Islamic
ratios pass on 26.4% ratios fail on 17.7% 55.5% not rated under S&P Shariah
ratios pass on 19.4% ratios fail on 25.4% 54.9% not rated under MSCI Islamic
ratios pass on 25.2% ratios fail on 18.9% 55.5% not rated under MSCI Islamic M-Series
ratios pass on 24.5% ratios fail on 20.3% 54.9% not rated under FTSE Shariah
161 of 279 listed holdings carry our own per-methodology verdicts (54% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 40 (17% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| HDFCBANK.NS HDFC BANK LTD-ADR | 0.72% |
| ITUB3.SA ITAU UNIBANCO HOLDING SA ADR | 0.63% |
| NTES NETEASE INC | 0.59% |
| FSR.JO FIRSTRAND LTD | 0.57% |
| 1120.SR AL RAJHI BANK | 0.57% |
| 1023.KL CIMB GROUP HOLDINGS BERHAD | 0.54% |
| 105560.KS KB FINANCIAL GROUP INC ADR | 0.53% |
| 1180.SR THE SAUDI NATIONAL BANK | 0.48% |
| BAP CREDICORP LTD | 0.46% |
| 1299.HK AIA GROUP LTD | 0.43% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
T. Rowe Price Emerging Markets Equity Research ETF (TEMR) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for TEMR — 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
Not enough completed daily bars to compute pivots.
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 34.90 | NEUTRAL |
| Stochastic %K (14) | 18.91 | BUY |
| CCI (20) | -147.73 | BUY |
| Williams %R (14) | -81.09 | BUY |
| MACD (12,26,9) | -0.11 | SELL |
| ROC (10) | -4.26 | SELL |
| Momentum (10) | -1.12 | SELL |
| EMA (10) | 25.96 | SELL |
| SMA (10) | 26.07 | SELL |
| EMA (20) | 26.55 | SELL |
| SMA (20) | 26.58 | SELL |
| EMA (30) | 26.95 | SELL |
| SMA (30) | 27.32 | SELL |
| EMA (50) | 27.37 | SELL |
| SMA (50) | 27.89 | SELL |
| EMA (100) | 27.56 | SELL |
| SMA (100) | 27.99 | SELL |
| EMA (200) | 27.51 | SELL |
About T. Rowe Price Emerging Markets Equity Research ETF
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, such as common stock, of issuers in emerging markets. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 43 |
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.
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 2026-11-03 · Asset managers net 928584 (+5135)
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.