Verdicts genuinely change. Free email alert the moment TOWTX'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.
Towpath Technology Fund · MSS Series Trust
41 holdings
NON-COMPLIANT 12.09% of portfolio weight is in non-compliant holdings, over the 5% threshold.
41 holdings, 35 matched (81% of weight). Portfolio as of 2026-05-31, filed 2026-07-30. Source: SEC Form N-PORT.
1.43% of this portfolio’s income is non-permissible — weighted across holdings, computed over 77% of portfolio weight (33 of 41 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.
50.8% compliant 18.2% questionable 12.1% non-compliant 18.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GOOG Alphabet, Inc. | QUESTIONABLE | 11.39% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| Fidelity Institutional Cash Portfolios | UNSCREENED | 11.23% | no in-house ratios for this holding |
| KLAC KLA Corp. | COMPLIANT | 7.06% | AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8% |
| ITRN Ituran Location & Control Ltd. | UNRATED | 5.58% | AAOIFI0.5% Usmani1.2% Dow Jones Islamic0.6% S&P Shariah0.7% MSCI Islamic1.2% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| AAPL Apple, Inc. | COMPLIANT | 4.62% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| META Meta Platforms, Inc. | QUESTIONABLE | 3.50% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| CSCO Cisco Systems, Inc. | COMPLIANT | 3.21% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| NTAP NetApp, Inc. | COMPLIANT | 3.17% | AAOIFI7.4% Usmani25.0% Dow Jones Islamic11.7% S&P Shariah13.3% MSCI Islamic25.0% MSCI Islamic M-Series13.3% FTSE Shariah22.7% |
| ZM Zoom Video Communications, Inc. | COMPLIANT | 2.98% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.4% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| FTNT Fortinet, Inc. | COMPLIANT | 2.94% | AAOIFI0.4% Usmani4.6% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic4.6% MSCI Islamic M-Series0.8% FTSE Shariah4.6% |
| NTNX Nutanix, Inc. | COMPLIANT | 2.72% | AAOIFI8.3% Usmani30.0% Dow Jones Islamic9.2% S&P Shariah9.9% MSCI Islamic29.9% MSCI Islamic M-Series9.9% FTSE Shariah26.6% |
| F5 Networks, Inc. | UNSCREENED | 2.70% | no in-house ratios for this holding |
| QCOM Qualcomm, Inc. | COMPLIANT | 2.54% | AAOIFI8.3% Usmani25.7% Dow Jones Islamic8.6% S&P Shariah8.7% MSCI Islamic25.7% MSCI Islamic M-Series8.7% FTSE Shariah25.7% |
| CRM Salesforce, Inc. | COMPLIANT | 2.36% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MTCH Match Group, Inc. | NON_COMPLIANT | 2.31% | AAOIFI37.0% Usmani88.1% Dow Jones Islamic44.3% S&P Shariah42.6% MSCI Islamic88.1% MSCI Islamic M-Series42.6% FTSE Shariah88.1% |
| VRSN VeriSign, Inc. | COMPLIANT | 2.28% | AAOIFI0.0% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Check Point Software Technologies Ltd. | UNSCREENED | 2.13% | no in-house ratios for this holding |
| DBX DropBox, Inc. | NON_COMPLIANT | 2.12% | AAOIFI5.2% Usmani23.9% Dow Jones Islamic6.1% S&P Shariah6.3% MSCI Islamic13.8% MSCI Islamic M-Series6.3% FTSE Shariah0.0% |
| BIIB Biogen, Inc. | COMPLIANT | 2.03% | AAOIFI21.2% Usmani22.5% Dow Jones Islamic27.5% S&P Shariah24.3% MSCI Islamic22.5% MSCI Islamic M-Series24.3% FTSE Shariah21.3% |
| EBAY eBay, Inc. | COMPLIANT | 1.92% | AAOIFI13.9% Usmani35.6% Dow Jones Islamic16.9% S&P Shariah19.4% MSCI Islamic35.6% MSCI Islamic M-Series19.4% FTSE Shariah33.4% |
| AMZN Amazon.com, Inc. | QUESTIONABLE | 1.79% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| PLAB Photronics, Inc. | NON_COMPLIANT | 1.58% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| WDAY Workday, Inc. | COMPLIANT | 1.51% | AAOIFI8.4% Usmani23.8% Dow Jones Islamic8.1% S&P Shariah7.7% MSCI Islamic23.8% MSCI Islamic M-Series7.7% FTSE Shariah18.8% |
| MSFT Microsoft Corp. | QUESTIONABLE | 1.49% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| DOCU DocuSign, Inc. | COMPLIANT | 1.43% | AAOIFI1.5% Usmani4.6% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic4.6% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| GIB CGI, Inc. | COMPLIANT | 1.41% | AAOIFI13.9% Usmani16.1% Dow Jones Islamic10.4% S&P Shariah10.0% MSCI Islamic16.1% MSCI Islamic M-Series10.0% FTSE Shariah16.1% |
| PYPL Paypal Holdings, Inc. | NON_COMPLIANT | 1.41% | AAOIFI22.1% Usmani12.5% Dow Jones Islamic16.3% S&P Shariah16.0% MSCI Islamic12.5% MSCI Islamic M-Series16.0% FTSE Shariah11.7% |
| VZ Verizon Communications, Inc. | NON_COMPLIANT | 1.27% | AAOIFI98.4% Usmani45.9% Dow Jones Islamic109.0% S&P Shariah116.8% MSCI Islamic45.9% MSCI Islamic M-Series116.8% FTSE Shariah40.3% |
| International Business Machine Corp. | UNSCREENED | 1.14% | no in-house ratios for this holding |
| CTSH Cognizant Technology Solutions Corp. | COMPLIANT | 1.08% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| Progress Software Corp. | UNSCREENED | 1.05% | no in-house ratios for this holding |
| ADBE Adobe, Inc. | COMPLIANT | 0.97% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| HPQ HP, Inc. | NON_COMPLIANT | 0.86% | AAOIFI36.8% Usmani22.6% Dow Jones Islamic42.8% S&P Shariah41.1% MSCI Islamic22.6% MSCI Islamic M-Series41.1% FTSE Shariah20.0% |
| ACN Accenture plc | COMPLIANT | 0.79% | AAOIFI7.7% Usmani12.2% Dow Jones Islamic5.0% S&P Shariah4.7% MSCI Islamic12.2% MSCI Islamic M-Series4.7% FTSE Shariah7.5% |
| BIDU Baidu, Inc. | NON_COMPLIANT | 0.78% | AAOIFI156.9% Usmani11.2% Dow Jones Islamic2.5% S&P Shariah2.5% MSCI Islamic11.2% MSCI Islamic M-Series2.5% FTSE Shariah9.5% |
| IMXI International Money Express, Inc. | NON_COMPLIANT | 0.69% | AAOIFI30.9% Usmani30.1% Dow Jones Islamic29.2% S&P Shariah25.3% MSCI Islamic30.1% MSCI Islamic M-Series25.3% FTSE Shariah25.3% |
| Booz Allen Hamilton Holding Corp. | UNSCREENED | 0.63% | no in-house ratios for this holding |
| DXC DXC Technology Co. | NON_COMPLIANT | 0.39% | AAOIFI224.0% Usmani33.5% Dow Jones Islamic156.3% S&P Shariah135.8% MSCI Islamic32.3% MSCI Islamic M-Series135.8% FTSE Shariah27.1% |
| OTEX Open Text Corp. | NON_COMPLIANT | 0.38% | AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0% |
| HII Huntington Ingalls Industries, Inc. | NON_COMPLIANT | 0.30% | AAOIFI25.6% Usmani23.1% Dow Jones Islamic27.0% S&P Shariah28.2% MSCI Islamic23.1% MSCI Islamic M-Series28.2% FTSE Shariah21.3% |
| HCKT The Hackett Group, Inc. | COMPLIANT | 0.21% | AAOIFI29.6% Usmani39.8% Dow Jones Islamic15.1% S&P Shariah14.6% MSCI Islamic39.8% MSCI Islamic M-Series14.6% FTSE Shariah38.8% |
The published standards disagree about this fund by 37 points of portfolio weight — 60.9% of it passes AAOIFI, 24.0% 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 60.9% ratios fail on 11.1% 27.9% not rated under AAOIFI
ratios pass on 51.9% ratios fail on 22.4% 25.7% not rated under Usmani
ratios pass on 59.1% ratios fail on 10.4% 30.5% not rated under Dow Jones Islamic
ratios pass on 60.5% ratios fail on 9.0% 30.5% not rated under S&P Shariah
ratios pass on 24.0% ratios fail on 36.4% 39.6% not rated under MSCI Islamic
ratios pass on 59.1% ratios fail on 10.4% 30.5% not rated under MSCI Islamic M-Series
ratios pass on 56.8% ratios fail on 14.9% 28.2% not rated under FTSE Shariah
35 of 41 listed holdings carry our own per-methodology verdicts (81% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 33 (77% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| MTCH Match Group, Inc. | 2.31% |
| DBX DropBox, Inc. | 2.12% |
| PLAB Photronics, Inc. | 1.58% |
| PYPL Paypal Holdings, Inc. | 1.41% |
| VZ Verizon Communications, Inc. | 1.27% |
| HPQ HP, Inc. | 0.86% |
| BIDU Baidu, Inc. | 0.78% |
| IMXI International Money Express, Inc. | 0.69% |
| DXC DXC Technology Co. | 0.39% |
| OTEX Open Text Corp. | 0.38% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
TOWTX 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 |
|---|---|---|
| GOOGAlphabet, Inc. | 11.39% | Questionable |
| Fidelity Institutional Cash Portfoliosnot matched to a ticker | 11.23% | Not screened |
| KLACKLA Corp. | 7.06% | Compliant |
| ITRNIturan Location & Control Ltd. | 5.58% | Screened, not rated |
| AAPLApple, Inc. | 4.62% | Compliant |
| METAMeta Platforms, Inc. | 3.50% | Questionable |
| CSCOCisco Systems, Inc. | 3.21% | Compliant |
| NTAPNetApp, Inc. | 3.17% | Compliant |
| ZMZoom Video Communications, Inc. | 2.98% | Compliant |
| FTNTFortinet, Inc. | 2.94% | Compliant |
Top 10 of 41 holdings, 55.7% 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 TOWTX. 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) | 68.90 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 180.55 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | 3.09 | BUY |
| Momentum (10) | 0.53 | BUY |
| EMA (10) | 17.43 | BUY |
| SMA (10) | 17.36 | BUY |
| EMA (20) | 17.30 | BUY |
| SMA (20) | 17.29 | BUY |
| EMA (30) | 17.21 | BUY |
| SMA (30) | 17.18 | BUY |
| EMA (50) | 17.03 | BUY |
| SMA (50) | 17.06 | BUY |
| EMA (100) | 16.63 | BUY |
| SMA (100) | 16.69 | BUY |
| EMA (200) | 15.94 | BUY |
| SMA (200) | 15.76 | 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.