TEMTXETF / FundFranklin Mutual Shares Fund
Verdicts genuinely change. Free email alert the moment TEMTX'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.
Franklin Mutual Shares Fund · Franklin Mutual Series Funds
59 holdings
NON-COMPLIANT 33.51% of portfolio weight is in non-compliant holdings, over the 5% threshold.
59 holdings, 50 matched (94% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
1.76% of this portfolio’s income is non-permissible — weighted across holdings, computed over 86% of portfolio weight (46 of 59 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.
47.2% compliant 13.3% questionable 33.4% non-compliant 6.1% unscreened
All holdings (59)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN Amazon.com, Inc. | QUESTIONABLE | 7.18% | 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 | 5.20% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| AAPL Apple, Inc. | COMPLIANT | 3.75% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| JPM JPMorgan Chase & Co. | NON_COMPLIANT | 3.39% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| JCI Johnson Controls International plc | COMPLIANT | 2.44% | AAOIFI10.8% Usmani24.8% Dow Jones Islamic13.9% S&P Shariah16.1% MSCI Islamic24.8% MSCI Islamic M-Series16.1% FTSE Shariah24.8% |
| DOV Dover Corp. | COMPLIANT | 2.43% | AAOIFI12.4% Usmani23.8% Dow Jones Islamic12.4% S&P Shariah13.2% MSCI Islamic23.8% MSCI Islamic M-Series13.2% FTSE Shariah23.8% |
| FERG Ferguson Enterprises, Inc. | UNRATED | 2.42% | AAOIFI15.7% Usmani35.7% Dow Jones Islamic16.4% S&P Shariah17.1% MSCI Islamic35.7% MSCI Islamic M-Series17.1% FTSE Shariah25.4% |
| PPG PPG Industries, Inc. | COMPLIANT | 2.33% | AAOIFI31.6% Usmani34.8% Dow Jones Islamic30.9% S&P Shariah29.1% MSCI Islamic34.7% MSCI Islamic M-Series29.1% FTSE Shariah32.1% |
| CL Colgate-Palmolive Co. | COMPLIANT | 2.30% | AAOIFI10.5% Usmani46.6% Dow Jones Islamic11.2% S&P Shariah11.2% MSCI Islamic46.6% MSCI Islamic M-Series11.2% FTSE Shariah46.6% |
| HLN Haleon plc | COMPLIANT | 2.27% | AAOIFI27.2% Usmani26.4% Dow Jones Islamic13.2% S&P Shariah13.9% MSCI Islamic26.4% MSCI Islamic M-Series13.9% FTSE Shariah26.4% |
| TMO Thermo Fisher Scientific, Inc. | COMPLIANT | 2.24% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| PGR Progressive Corp. (The) | NON_COMPLIANT | 2.21% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| AJG Arthur J Gallagher & Co. | NON_COMPLIANT | 2.16% | AAOIFI21.0% Usmani17.2% Dow Jones Islamic20.7% S&P Shariah22.4% MSCI Islamic17.2% MSCI Islamic M-Series22.4% FTSE Shariah16.6% |
| RO.SW Roche Holding AG | COMPLIANT | 2.16% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HIG Hartford Insurance Group, Inc. (The) | NON_COMPLIANT | 2.13% | AAOIFI11.7% Usmani5.0% Dow Jones Islamic12.4% S&P Shariah13.6% MSCI Islamic5.0% MSCI Islamic M-Series13.6% FTSE Shariah5.0% |
| ABT Abbott Laboratories | COMPLIANT | 2.09% | AAOIFI19.2% Usmani31.9% Dow Jones Islamic17.6% S&P Shariah18.3% MSCI Islamic31.9% MSCI Islamic M-Series18.3% FTSE Shariah30.8% |
| COO Cooper Cos., Inc. (The) | COMPLIANT | 2.03% | AAOIFI23.0% Usmani20.1% Dow Jones Islamic16.7% S&P Shariah15.5% MSCI Islamic20.1% MSCI Islamic M-Series15.5% FTSE Shariah20.1% |
| PNC PNC Financial Services Group, Inc. (The) | NON_COMPLIANT | 2.02% | AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9% |
| NESN.SW Nestle SA | COMPLIANT | 2.01% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| RS Reliance, Inc. | COMPLIANT | 1.89% | AAOIFI9.9% Usmani18.8% Dow Jones Islamic12.5% S&P Shariah12.6% MSCI Islamic18.8% MSCI Islamic M-Series12.6% FTSE Shariah15.7% |
| NVS Novartis AG | COMPLIANT | 1.83% | AAOIFI12.5% Usmani25.9% Dow Jones Islamic11.8% S&P Shariah12.6% MSCI Islamic25.9% MSCI Islamic M-Series12.6% FTSE Shariah25.9% |
| PPL PPL Corp. | NON_COMPLIANT | 1.82% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| EOG EOG Resources, Inc. | COMPLIANT | 1.81% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| CSCO Cisco Systems, Inc. | COMPLIANT | 1.74% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| MRK Merck & Co., Inc. | COMPLIANT | 1.74% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| Brixmor Property Group, Inc. | UNSCREENED | 1.72% | no in-house ratios for this holding |
| CVX Chevron Corp. | COMPLIANT | 1.72% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| SLB Ltd. | UNSCREENED | 1.72% | no in-house ratios for this holding |
| DG Dollar General Corp. | NON_COMPLIANT | 1.71% | AAOIFI55.9% Usmani49.0% Dow Jones Islamic69.2% S&P Shariah65.1% MSCI Islamic49.0% MSCI Islamic M-Series65.1% FTSE Shariah14.2% |
| BLK BlackRock, Inc. | NON_COMPLIANT | 1.71% | AAOIFI7.0% Usmani7.2% Dow Jones Islamic8.1% S&P Shariah8.9% MSCI Islamic7.2% MSCI Islamic M-Series8.9% FTSE Shariah7.2% |
| BAC Bank of America Corp. | NON_COMPLIANT | 1.70% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| UNP Union Pacific Corp. | COMPLIANT | 1.67% | AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6% |
| DKS Dick's Sporting Goods, Inc. | NON_COMPLIANT | 1.63% | AAOIFI48.9% Usmani33.2% Dow Jones Islamic33.0% S&P Shariah35.5% MSCI Islamic33.2% MSCI Islamic M-Series35.5% FTSE Shariah0.0% |
| EL Estee Lauder Cos., Inc. (The) | NON_COMPLIANT | 1.63% | AAOIFI25.1% Usmani46.9% Dow Jones Islamic30.8% S&P Shariah26.5% MSCI Islamic46.8% MSCI Islamic M-Series26.5% FTSE Shariah37.0% |
| ETR Entergy Corp. | NON_COMPLIANT | 1.61% | AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1% |
| ULTA Ulta Beauty, Inc. | COMPLIANT | 1.59% | AAOIFI10.7% Usmani36.2% Dow Jones Islamic11.7% S&P Shariah11.8% MSCI Islamic36.2% MSCI Islamic M-Series11.8% FTSE Shariah4.9% |
| GM General Motors Co. | NON_COMPLIANT | 1.48% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NXPI NXP Semiconductors NV | COMPLIANT | 1.45% | AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1% |
| USFD US Foods Holding Corp. | NON_COMPLIANT | 1.43% | AAOIFI23.5% Usmani36.5% Dow Jones Islamic29.4% S&P Shariah33.1% MSCI Islamic36.5% MSCI Islamic M-Series33.1% FTSE Shariah36.5% |
| DIS Walt Disney Co. (The) | NON_COMPLIANT | 1.43% | AAOIFI25.4% Usmani22.5% Dow Jones Islamic24.6% S&P Shariah25.2% MSCI Islamic22.5% MSCI Islamic M-Series25.2% FTSE Shariah22.5% |
| MDT Medtronic plc | COMPLIANT | 1.36% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| COF Capital One Financial Corp. | NON_COMPLIANT | 1.33% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| FISV Fiserv, Inc. | NON_COMPLIANT | 1.29% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| APO Apollo Global Management, Inc. | NON_COMPLIANT | 1.23% | AAOIFI17.4% Usmani2.8% Dow Jones Islamic17.8% S&P Shariah19.6% MSCI Islamic2.8% MSCI Islamic M-Series19.6% FTSE Shariah2.8% |
| Franklin Institutional U.S. Government Money Market Fund | UNSCREENED | 0.96% | no in-house ratios for this holding |
| BATS.L British American Tobacco plc | NON_COMPLIANT | 0.94% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| META Meta Platforms, Inc. | QUESTIONABLE | 0.90% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| Neptune Bidco US, Inc. | UNSCREENED | 0.87% | no in-house ratios for this holding |
| MAS Masco Corp. | COMPLIANT | 0.84% | AAOIFI23.0% Usmani61.8% Dow Jones Islamic22.1% S&P Shariah22.3% MSCI Islamic61.5% MSCI Islamic M-Series22.3% FTSE Shariah56.3% |
| INTC Intel Corp. | COMPLIANT | 0.60% | AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0% |
| FLEX Flex Ltd. | COMPLIANT | 0.59% | AAOIFI14.4% Usmani24.1% Dow Jones Islamic25.4% S&P Shariah30.5% MSCI Islamic24.1% MSCI Islamic M-Series30.5% FTSE Shariah20.7% |
| CoreLogic, Inc. | UNSCREENED | 0.43% | no in-house ratios for this holding |
| UNIT Uniti Group, Inc. | NON_COMPLIANT | 0.37% | AAOIFI446.3% Usmani85.5% Dow Jones Islamic541.0% S&P Shariah566.1% MSCI Islamic85.5% MSCI Islamic M-Series566.1% FTSE Shariah82.0% |
| Neptune Bidco US, Inc. | UNSCREENED | 0.26% | no in-house ratios for this holding |
| UNIT Uniti Group, Inc. | NON_COMPLIANT | 0.22% | AAOIFI446.3% Usmani85.5% Dow Jones Islamic541.0% S&P Shariah566.1% MSCI Islamic85.5% MSCI Islamic M-Series566.1% FTSE Shariah82.0% |
| Neptune Bidco US, Inc. | UNSCREENED | 0.20% | no in-house ratios for this holding |
| UNIT Uniti Group, Inc. | NON_COMPLIANT | 0.06% | AAOIFI446.3% Usmani85.5% Dow Jones Islamic541.0% S&P Shariah566.1% MSCI Islamic85.5% MSCI Islamic M-Series566.1% FTSE Shariah82.0% |
| Walter Energy, Inc. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Bosgaerde BV | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 66.9% of it passes Dow Jones Islamic, 43.4% 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 66.4% ratios fail on 25.3% 8.6% not rated under AAOIFI
ratios pass on 43.4% ratios fail on 40.0% 16.9% not rated under Usmani
ratios pass on 66.9% ratios fail on 22.9% 10.4% not rated under Dow Jones Islamic
ratios pass on 65.5% ratios fail on 22.9% 11.9% not rated under S&P Shariah
ratios pass on 49.3% ratios fail on 36.2% 14.8% not rated under MSCI Islamic
ratios pass on 66.9% ratios fail on 22.9% 10.4% not rated under MSCI Islamic M-Series
ratios pass on 54.9% ratios fail on 29.7% 15.6% not rated under FTSE Shariah
48 of 59 listed holdings carry our own per-methodology verdicts (94% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 45 (89% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| JPM JPMorgan Chase & Co. | 3.39% |
| PGR Progressive Corp. (The) | 2.21% |
| AJG Arthur J Gallagher & Co. | 2.16% |
| HIG Hartford Insurance Group, Inc. (The) | 2.13% |
| PNC PNC Financial Services Group, Inc. (The) | 2.02% |
| PPL PPL Corp. | 1.82% |
| DG Dollar General Corp. | 1.71% |
| BLK BlackRock, Inc. | 1.71% |
| BAC Bank of America Corp. | 1.70% |
| DKS Dick's Sporting Goods, Inc. | 1.63% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Franklin Mutual Shares Fund (TEMTX) 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.
Screened on its holdings, not its name
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 |
|---|---|---|
| AMZNAmazon.com, Inc. | 7.18% | Questionable |
| MSFTMicrosoft Corp. | 5.20% | Questionable |
| AAPLApple, Inc. | 3.75% | Compliant |
| JPMJPMorgan Chase & Co. | 3.39% | Non-compliant |
| JCIJohnson Controls International plc | 2.44% | Compliant |
| DOVDover Corp. | 2.43% | Compliant |
| FERGFerguson Enterprises, Inc. | 2.42% | Screened, not rated |
| PPGPPG Industries, Inc. | 2.33% | Compliant |
| CLColgate-Palmolive Co. | 2.30% | Compliant |
| HLNHaleon plc | 2.27% | Compliant |
Top 10 of 59 holdings, 33.7% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- AMZNquestionable7.18%
- MSFTquestionable5.20%
- JPMnon-compliant3.39%
- FERGscreened, not rated2.42%
- PGRnon-compliant2.21%
- AJGnon-compliant2.16%
What changed, and when
Verdict history for TEMTX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for TEMTX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
Tracked since 2026-09-07.
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This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 69.50 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 159.27 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.14 | BUY |
| ROC (10) | 3.77 | BUY |
| Momentum (10) | 1.01 | BUY |
| EMA (10) | 27.31 | BUY |
| SMA (10) | 27.23 | BUY |
| EMA (20) | 27.13 | BUY |
| SMA (20) | 26.90 | BUY |
| EMA (30) | 27.10 | BUY |
| SMA (30) | 26.90 | BUY |
| EMA (50) | 27.07 | BUY |
| SMA (50) | 27.26 | BUY |
| EMA (100) | 26.82 | BUY |
| SMA (100) | 26.90 | BUY |
| EMA (200) | 26.18 | BUY |
| SMA (200) | 26.22 | BUY |
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.
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.
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.