Verdicts genuinely change. Free email alert the moment TPYP'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.
Tortoise North American Pipeline ETF ETF · Tortoise Capital Series Trust
45 holdings · as of 2026-05-31 (4.5 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 80.25% of portfolio weight is in non-compliant holdings, over the 5% threshold.
45 holdings, 33 matched (82% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.22% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (32 of 45 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.
1.7% compliant 0.0% questionable 80.2% non-compliant 18.0% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TRP TC Energy Corp | NON_COMPLIANT | 7.95% | AAOIFI2.3% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah3.0% MSCI Islamic1.7% MSCI Islamic M-Series3.0% FTSE Shariah1.3% |
| ENB.TO Enbridge Inc | NON_COMPLIANT | 7.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 7.23% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| KMI Kinder Morgan Inc | NON_COMPLIANT | 7.08% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| ONEOK Inc | UNSCREENED | 6.52% | no in-house ratios for this holding |
| LNG Cheniere Energy Inc | NON_COMPLIANT | 5.98% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 4.33% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| PPL.TO Pembina Pipeline Corp | NON_COMPLIANT | 4.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ET Energy Transfer LP | NON_COMPLIANT | 4.11% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| NI NiSource Inc | NON_COMPLIANT | 4.01% | AAOIFI82.1% Usmani43.4% Dow Jones Islamic85.6% S&P Shariah99.5% MSCI Islamic43.4% MSCI Islamic M-Series99.5% FTSE Shariah43.4% |
| Enterprise Products Partners L | UNSCREENED | 3.97% | no in-house ratios for this holding |
| ATO Atmos Energy Corp | NON_COMPLIANT | 3.69% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ALA.TO AltaGas Ltd | NON_COMPLIANT | 3.35% | AAOIFI65.9% Usmani41.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic39.4% MSCI Islamic M-Seriesfail FTSE Shariah39.4% |
| KEY.TO Keyera Corp | NON_COMPLIANT | 2.63% | AAOIFI38.0% Usmani49.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.2% MSCI Islamic M-Seriesfail FTSE Shariah48.2% |
| MPLX MPLX LP | NON_COMPLIANT | 2.45% | AAOIFI42.8% Usmani60.3% Dow Jones Islamic52.4% S&P Shariah59.3% MSCI Islamic60.3% MSCI Islamic M-Series59.3% FTSE Shariah59.7% |
| NFG National Fuel Gas Co | NON_COMPLIANT | 2.03% | AAOIFI44.7% Usmani34.1% Dow Jones Islamic50.5% S&P Shariah57.4% MSCI Islamic34.1% MSCI Islamic M-Series57.4% FTSE Shariah34.1% |
| Antero Midstream Corp | UNSCREENED | 1.92% | no in-house ratios for this holding |
| DTM DT Midstream Inc | COMPLIANT | 1.69% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| Archrock Inc | UNSCREENED | 1.62% | no in-house ratios for this holding |
| NJR New Jersey Resources Corp | NON_COMPLIANT | 1.54% | AAOIFI66.4% Usmani45.0% Dow Jones Islamic74.8% S&P Shariah80.1% MSCI Islamic44.8% MSCI Islamic M-Series80.1% FTSE Shariah42.6% |
| SWX Southwest Gas Holdings Inc | NON_COMPLIANT | 1.53% | AAOIFI55.0% Usmani33.5% Dow Jones Islamic62.9% S&P Shariah67.5% MSCI Islamic33.5% MSCI Islamic M-Series67.5% FTSE Shariah33.5% |
| SR Spire Inc | NON_COMPLIANT | 1.35% | AAOIFI156.5% Usmani52.6% Dow Jones Islamic173.6% S&P Shariah194.4% MSCI Islamic52.6% MSCI Islamic M-Series194.4% FTSE Shariah52.6% |
| OGS ONE Gas Inc | NON_COMPLIANT | 1.29% | AAOIFI51.6% Usmani29.4% Dow Jones Islamic57.7% S&P Shariah63.4% MSCI Islamic29.4% MSCI Islamic M-Series63.4% FTSE Shariah29.4% |
| Plains All American Pipeline L | UNSCREENED | 1.24% | no in-house ratios for this holding |
| WES Western Midstream Partners LP | NON_COMPLIANT | 1.23% | AAOIFI43.7% Usmani59.2% Dow Jones Islamic61.0% S&P Shariah68.0% MSCI Islamic59.1% MSCI Islamic M-Series68.0% FTSE Shariah57.9% |
| GEI.TO Gibson Energy Inc | NON_COMPLIANT | 0.98% | AAOIFI51.5% Usmani61.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic60.1% MSCI Islamic M-Seriesfail FTSE Shariah60.1% |
| SOBO.TO South Bow Corp | NON_COMPLIANT | 0.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SUN Sunoco LP | NON_COMPLIANT | 0.83% | AAOIFI104.9% Usmani51.6% Dow Jones Islamic133.3% S&P Shariah140.0% MSCI Islamic49.6% MSCI Islamic M-Series140.0% FTSE Shariah44.5% |
| Chesapeake Utilities Corp | UNSCREENED | 0.81% | no in-house ratios for this holding |
| First American Government Obli | UNSCREENED | 0.79% | no in-house ratios for this holding |
| KGS Kodiak Gas Services Inc | NON_COMPLIANT | 0.74% | AAOIFI43.8% Usmani51.2% Dow Jones Islamic74.1% S&P Shariah90.9% MSCI Islamic50.3% MSCI Islamic M-Series90.9% FTSE Shariah49.5% |
| VG Venture Global Inc | NON_COMPLIANT | 0.69% | AAOIFI137.8% Usmani69.6% Dow Jones Islamic142.4% S&P Shariahfail MSCI Islamic69.2% MSCI Islamic M-Seriesfail FTSE Shariah68.0% |
| KNTK Kinetik Holdings Inc | NON_COMPLIANT | 0.58% | AAOIFI43.0% Usmani55.5% Dow Jones Islamic56.5% S&P Shariah62.5% MSCI Islamic55.5% MSCI Islamic M-Series62.5% FTSE Shariah54.8% |
| HESM Hess Midstream LP | NON_COMPLIANT | 0.58% | AAOIFI44.7% Usmani86.5% Dow Jones Islamic87.9% S&P Shariah105.7% MSCI Islamic86.5% MSCI Islamic M-Series105.7% FTSE Shariah86.5% |
| Plains GP Holdings LP | UNSCREENED | 0.57% | no in-house ratios for this holding |
| NWN Northwest Natural Holding Co | NON_COMPLIANT | 0.56% | AAOIFI124.6% Usmani40.1% Dow Jones Islamic146.2% S&P Shariah161.6% MSCI Islamic40.1% MSCI Islamic M-Series161.6% FTSE Shariah38.8% |
| Cheniere Energy Partners LP | UNSCREENED | 0.27% | no in-house ratios for this holding |
| USAC USA Compression Partners LP | NON_COMPLIANT | 0.24% | AAOIFI74.3% Usmani80.2% Dow Jones Islamic99.9% S&P Shariah110.9% MSCI Islamic80.2% MSCI Islamic M-Series110.9% FTSE Shariah79.8% |
| GNE.NZ Genesis Energy LP | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Global Partners LP/MA | UNSCREENED | 0.17% | no in-house ratios for this holding |
| DKL Delek Logistics Partners LP | NON_COMPLIANT | 0.11% | AAOIFI73.9% Usmani83.9% Dow Jones Islamic107.3% S&P Shariah120.8% MSCI Islamic82.8% MSCI Islamic M-Series120.8% FTSE Shariah82.7% |
| EE Excelerate Energy Inc | NON_COMPLIANT | 0.09% | AAOIFI27.9% Usmani29.7% Dow Jones Islamic31.2% S&P Shariah36.8% MSCI Islamic25.9% MSCI Islamic M-Series36.8% FTSE Shariah22.2% |
| RGSI.TO Rockpoint Gas Storage Inc | NON_COMPLIANT | 0.08% | AAOIFI53.3% Usmani113.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic105.6% MSCI Islamic M-Seriesfail FTSE Shariah105.6% |
| CrossAmerica Partners LP | UNSCREENED | 0.05% | no in-house ratios for this holding |
| New Fortress Energy Inc | UNSCREENED | 0.02% | no in-house ratios for this holding |
The published standards disagree about this fund by 3 points of portfolio weight — 11.2% of it passes MSCI Islamic, 7.9% passes S&P Shariah. 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 9.7% ratios fail on 68.5% 21.6% not rated under AAOIFI
ratios pass on 9.5% ratios fail on 68.7% 21.6% not rated under Usmani
ratios pass on 9.7% ratios fail on 68.5% 21.6% not rated under Dow Jones Islamic
ratios pass on 7.9% ratios fail on 70.3% 21.6% not rated under S&P Shariah
ratios pass on 11.2% ratios fail on 67.0% 21.6% not rated under MSCI Islamic
ratios pass on 7.9% ratios fail on 70.3% 21.6% not rated under MSCI Islamic M-Series
ratios pass on 11.2% ratios fail on 67.0% 21.6% not rated under FTSE Shariah
33 of 45 listed holdings carry our own per-methodology verdicts (82% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 28 (65% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| TRP TC Energy Corp | 7.95% |
| ENB.TO Enbridge Inc | 7.68% |
| WMB Williams Cos Inc/The | 7.23% |
| KMI Kinder Morgan Inc | 7.08% |
| LNG Cheniere Energy Inc | 5.98% |
| TRGP Targa Resources Corp | 4.33% |
| PPL.TO Pembina Pipeline Corp | 4.21% |
| ET Energy Transfer LP | 4.11% |
| NI NiSource Inc | 4.01% |
| ATO Atmos Energy Corp | 3.69% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Tortoise North American Pipeline ETF (TPYP) 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.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
Computing the full ratio and business-activity breakdown for TPYP — 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
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 55.00 | NEUTRAL |
| Stochastic %K (14) | 88.08 | SELL |
| CCI (20) | 93.72 | NEUTRAL |
| Williams %R (14) | -11.92 | SELL |
| MACD (12,26,9) | 0.22 | BUY |
| ROC (10) | 5.33 | BUY |
| Momentum (10) | 2.12 | BUY |
| EMA (10) | 41.53 | BUY |
| SMA (10) | 41.33 | BUY |
| EMA (20) | 41.48 | BUY |
| SMA (20) | 41.18 | BUY |
| EMA (30) | 41.60 | BUY |
| SMA (30) | 41.66 | BUY |
| EMA (50) | 41.79 | BUY |
| SMA (50) | 42.01 | SELL |
| EMA (100) | 41.64 | BUY |
| SMA (100) | 42.07 | SELL |
| EMA (200) | 40.03 | BUY |
| SMA (200) | 40.79 | BUY |
The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name. The underlying index is a float adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | 42 |
| ⏰ 4H | NEUTRAL | 21 |
| 🕐 1H | BULLISH | 84 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | RANGING | 234 |
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.
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.
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.
Still fetching insider filings — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
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 2026-10-06 · Asset managers net 906615 (+2612)
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.