Verdicts genuinely change. Free email alert the moment TEQCX'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.
Touchstone Strategic Trust-Touchstone Non-US Equity Fund · Touchstone Strategic Trust
50 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 36.10% of portfolio weight is in non-compliant holdings, over the 5% threshold.
50 holdings, 45 matched (92% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
4.64% of this portfolio’s income is non-permissible — weighted across holdings, computed over 74% of portfolio weight (37 of 50 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.
56.2% compliant 0.0% questionable 35.9% non-compliant 8.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | COMPLIANT | 7.29% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 5.71% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| 6981.T MURATA MANUFACTURING COMPANY LTD | COMPLIANT | 5.20% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| O39.SI OVERSEA-CHINESE BANKING CORP LTD | NON_COMPLIANT | 3.81% | AAOIFI21.2% Usmani4.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.5% MSCI Islamic M-Seriesfail FTSE Shariah4.5% |
| AI.PA L'AIR LIQUIDE SA | COMPLIANT | 3.31% | AAOIFI12.7% Usmani28.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic26.2% MSCI Islamic M-Series— FTSE Shariah26.2% |
| AERCAP HOLDINGS NV | UNSCREENED | 3.27% | no in-house ratios for this holding |
| SWED-A.ST SWEDBANK AB | NON_COMPLIANT | 3.19% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ASML ASML HOLDING NV | COMPLIANT | 3.13% | AAOIFI0.8% Usmani8.7% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic8.7% MSCI Islamic M-Series1.4% FTSE Shariah8.7% |
| 8035.T TOKYO ELECTRON LTD | COMPLIANT | 3.03% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| SHEL SHELL PLC | NON_COMPLIANT | 2.95% | AAOIFI38.4% Usmani20.4% Dow Jones Islamic17.6% S&P Shariah18.0% MSCI Islamic20.4% MSCI Islamic M-Series18.0% FTSE Shariah20.4% |
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 2.68% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 8306.T MITSUBISHI UFJ FINANCIAL GROUP INC | NON_COMPLIANT | 2.56% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6861.T KEYENCE CORP | COMPLIANT | 2.52% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| LLOY.L LLOYDS BANKING GROUP PLC | NON_COMPLIANT | 2.52% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TTE.PA TOTALENERGIES SE | NON_COMPLIANT | 2.36% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SHB-A.ST SVENSKA HANDELSBANKEN AB | NON_COMPLIANT | 2.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1299.HK AIA GROUP LTD | NON_COMPLIANT | 2.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ATCO-A.ST ATLAS COPCO AB | COMPLIANT | 2.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| EBS.VI ERSTE GROUP BANK AG | NON_COMPLIANT | 1.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RR.L ROLLS-ROYCE HOLDINGS PLC | NON_COMPLIANT | 1.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4063.T SHIN-ETSU CHEMICAL COMPANY LTD | COMPLIANT | 1.75% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| MTX.DE MTU AERO ENGINES AG | NON_COMPLIANT | 1.73% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HEI.DE HEIDELBERG MATERIALS AG | COMPLIANT | 1.65% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| AZN ASTRAZENECA PLC | COMPLIANT | 1.60% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FBK.MI FINECOBANK BANCA FINECO SPA | NON_COMPLIANT | 1.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7974.T NINTENDO COMPANY LTD | COMPLIANT | 1.58% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| EPI-A.ST EPIROC AB | COMPLIANT | 1.56% | AAOIFI6.4% Usmani28.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic25.1% MSCI Islamic M-Seriespass FTSE Shariah25.1% |
| 6758.T SONY GROUP CORP | COMPLIANT | 1.53% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 1.49% | no in-house ratios for this holding |
| RACE.MI FERRARI NV | COMPLIANT | 1.49% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 9433.T KDDI CORP | NON_COMPLIANT | 1.48% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SIEMENS.NS SIEMENS AG | COMPLIANT | 1.45% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| BABA ALIBABA GROUP HOLDING LTD | COMPLIANT | 1.39% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| ABB LTD (CH) | UNSCREENED | 1.28% | no in-house ratios for this holding |
| LONN.SW LONZA GROUP AG | COMPLIANT | 1.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RTO.L RENTOKIL INITIAL PLC | NON_COMPLIANT | 1.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| COMPAGNIE DE SAINT-GOBAIN SA | UNSCREENED | 1.23% | no in-house ratios for this holding |
| ICICIBANK.NS ICICI BANK LTD | NON_COMPLIANT | 1.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EXPN.L EXPERIAN PLC | COMPLIANT | 1.22% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SU.PA SCHNEIDER ELECTRIC SE | COMPLIANT | 1.18% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6501.T HITACHI LTD | COMPLIANT | 1.12% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| RO.SW ROCHE HOLDING AG | COMPLIANT | 1.11% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RELX RELX PLC | COMPLIANT | 1.08% | AAOIFI16.2% Usmani49.2% Dow Jones Islamic12.5% S&P Shariah12.8% MSCI Islamic49.2% MSCI Islamic M-Series12.8% FTSE Shariah49.2% |
| 030200.KS KT CORP | NON_COMPLIANT | 0.90% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 030200.KS KT CORP | NON_COMPLIANT | 0.80% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ADYEN.AS ADYEN NV | NON_COMPLIANT | 0.77% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHORT-TERM INVESTMENTS TRUST | UNSCREENED | 0.75% | no in-house ratios for this holding |
| MFC.TO MANULIFE FINANCIAL CORP | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 5802.T SUMITOMO ELECTRIC INDUSTRIES LTD | COMPLIANT | 0.49% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AZN ASTRAZENECA PLC | COMPLIANT | 0.17% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
The published standards disagree about this fund by 15 points of portfolio weight — 53.4% of it passes AAOIFI, 38.2% 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 53.4% ratios fail on 37.5% 9.8% not rated under AAOIFI
ratios pass on 41.5% ratios fail on 45.3% 13.9% not rated under Usmani
ratios pass on 50.4% ratios fail on 33.1% 17.2% not rated under Dow Jones Islamic
ratios pass on 48.7% ratios fail on 34.8% 17.2% not rated under S&P Shariah
ratios pass on 38.2% ratios fail on 48.6% 13.9% not rated under MSCI Islamic
ratios pass on 48.7% ratios fail on 34.8% 17.2% not rated under MSCI Islamic M-Series
ratios pass on 44.1% ratios fail on 42.7% 13.9% not rated under FTSE Shariah
43 of 50 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 9 (30% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| O39.SI OVERSEA-CHINESE BANKING CORP LTD | 3.81% |
| SWED-A.ST SWEDBANK AB | 3.19% |
| SHEL SHELL PLC | 2.95% |
| 8306.T MITSUBISHI UFJ FINANCIAL GROUP INC | 2.56% |
| LLOY.L LLOYDS BANKING GROUP PLC | 2.52% |
| TTE.PA TOTALENERGIES SE | 2.36% |
| SHB-A.ST SVENSKA HANDELSBANKEN AB | 2.30% |
| 1299.HK AIA GROUP LTD | 2.08% |
| EBS.VI ERSTE GROUP BANK AG | 1.99% |
| RR.L ROLLS-ROYCE HOLDINGS PLC | 1.89% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Touchstone Strategic Trust-Touchstone Non-US Equity Fund (TEQCX) 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 COMPANY LTD | 7.29% | Compliant |
| 005930.KSSAMSUNG ELECTRONICS CO LTD | 5.71% | Compliant |
| 6981.TMURATA MANUFACTURING COMPANY LTD | 5.20% | Compliant |
| O39.SIOVERSEA-CHINESE BANKING CORP LTD | 3.81% | Non-compliant |
| AI.PAL'AIR LIQUIDE SA | 3.31% | Compliant |
| AERCAP HOLDINGS NVnot matched to a ticker | 3.27% | Not screened |
| SWED-A.STSWEDBANK AB | 3.19% | Non-compliant |
| ASMLASML HOLDING NV | 3.13% | Compliant |
| 8035.TTOKYO ELECTRON LTD | 3.03% | Compliant |
| SHELSHELL PLC | 2.95% | Non-compliant |
Top 10 of 50 holdings, 40.9% 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 TEQCX. 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) | 38.10 | NEUTRAL |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -175.58 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.10 | SELL |
| ROC (10) | -2.52 | SELL |
| Momentum (10) | -0.88 | SELL |
| EMA (10) | 34.65 | SELL |
| SMA (10) | 34.76 | SELL |
| EMA (20) | 34.83 | SELL |
| SMA (20) | 34.96 | SELL |
| EMA (30) | 34.91 | SELL |
| SMA (30) | 34.98 | SELL |
| EMA (50) | 34.90 | SELL |
| SMA (50) | 35.16 | SELL |
| EMA (100) | 34.51 | SELL |
| SMA (100) | 34.78 | SELL |
| EMA (200) | 33.42 | BUY |
| SMA (200) | 33.51 | 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.