Verdicts genuinely change. Free email alert the moment TSWEX'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.
TSW Large Cap Value Fund · Perpetual Americas Funds Trust
41 holdings
NON-COMPLIANT 64.34% of portfolio weight is in non-compliant holdings, over the 5% threshold.
41 holdings, 36 matched (83% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
0.92% of this portfolio’s income is non-permissible — weighted across holdings, computed over 68% of portfolio weight (30 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.
17.5% compliant 1.3% questionable 64.3% non-compliant 16.8% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NORTHERN INSTITUTIONAL FUNDS | UNSCREENED | 9.56% | no in-house ratios for this holding |
| BRK.B BERKSHIRE HATHAWAY INC | NON_COMPLIANT | 4.44% | no in-house ratios for this holding |
| KHC KRAFT HEINZ COMPANY (THE) | NON_COMPLIANT | 4.11% | AAOIFI64.5% Usmani26.0% Dow Jones Islamic63.2% S&P Shariah58.9% MSCI Islamic26.0% MSCI Islamic M-Series58.9% FTSE Shariah26.0% |
| EVRG EVERGY INC | NON_COMPLIANT | 4.10% | AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2% |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 3.99% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ABI.BR ANHEUSER-BUSCH INBEV SA/NV | NON_COMPLIANT | 3.88% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| D DOMINION ENERGY INC | NON_COMPLIANT | 3.60% | AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7% |
| ELV ELEVANCE HEALTH INC | NON_COMPLIANT | 3.54% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| CHTR CHARTER COMMUNICATIONS INC | NON_COMPLIANT | 3.43% | AAOIFI353.0% Usmani60.4% Dow Jones Islamic125.9% S&P Shariah116.4% MSCI Islamic60.4% MSCI Islamic M-Series116.4% FTSE Shariah60.4% |
| CVX CHEVRON CORP | COMPLIANT | 3.31% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| FISV FISERV INC | NON_COMPLIANT | 3.30% | AAOIFI99.4% Usmani34.6% Dow Jones Islamic38.9% S&P Shariah36.9% MSCI Islamic34.6% MSCI Islamic M-Series36.9% FTSE Shariah34.5% |
| KMI KINDER MORGAN INC | NON_COMPLIANT | 3.07% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| REGN REGENERON PHARMACEUTICALS INC | COMPLIANT | 2.59% | AAOIFI2.4% Usmani6.5% Dow Jones Islamic3.0% S&P Shariah2.7% MSCI Islamic4.8% MSCI Islamic M-Series2.7% FTSE Shariah4.8% |
| SSNC SS&C TECHNOLOGIES HOLDINGS INC | NON_COMPLIANT | 2.41% | AAOIFI39.6% Usmani37.7% Dow Jones Islamic41.2% S&P Shariah44.6% MSCI Islamic37.7% MSCI Islamic M-Series44.6% FTSE Shariah36.8% |
| GPN GLOBAL PAYMENTS INC | NON_COMPLIANT | 2.37% | AAOIFI95.7% Usmani36.9% Dow Jones Islamic108.0% S&P Shariah96.7% MSCI Islamic36.9% MSCI Islamic M-Series96.7% FTSE Shariah36.9% |
| C CITIGROUP INC | NON_COMPLIANT | 2.33% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| COF CAPITAL ONE FINANCIAL CORP | NON_COMPLIANT | 2.28% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| PGR PROGRESSIVE CORP (THE) | NON_COMPLIANT | 2.18% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| MRK MERCK & COMPANY INC | COMPLIANT | 2.14% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| CI CIGNA GROUP (THE) | NON_COMPLIANT | 2.07% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 2.06% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| WILLIS TOWERS WATSON PLC | UNSCREENED | 2.03% | no in-house ratios for this holding |
| BAYN.DE BAYER AG | NON_COMPLIANT | 1.99% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DINO HF SINCLAIR CORP | COMPLIANT | 1.93% | AAOIFI16.9% Usmani17.1% Dow Jones Islamic34.7% S&P Shariah34.5% MSCI Islamic16.6% MSCI Islamic M-Series34.5% FTSE Shariah14.6% |
| SLB LTD | UNSCREENED | 1.87% | no in-house ratios for this holding |
| BDX BECTON DICKINSON & COMPANY | NON_COMPLIANT | 1.80% | AAOIFI33.4% Usmani33.1% Dow Jones Islamic30.8% S&P Shariah28.7% MSCI Islamic33.1% MSCI Islamic M-Series28.7% FTSE Shariah33.1% |
| 7974.T NINTENDO COMPANY LTD | COMPLIANT | 1.77% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| OXY OCCIDENTAL PETROLEUM CORP | NON_COMPLIANT | 1.75% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| FIRST CITIZENS BANCSHARES INC | UNSCREENED | 1.73% | no in-house ratios for this holding |
| ADBE ADOBE INC | COMPLIANT | 1.70% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| AERCAP HOLDINGS NV | UNSCREENED | 1.62% | no in-house ratios for this holding |
| PFE PFIZER INC | NON_COMPLIANT | 1.38% | AAOIFI39.8% Usmani31.4% Dow Jones Islamic46.1% S&P Shariah45.9% MSCI Islamic31.4% MSCI Islamic M-Series45.9% FTSE Shariah31.4% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 1.32% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| FDX FEDEX CORP | NON_COMPLIANT | 1.30% | AAOIFI55.5% Usmani43.2% Dow Jones Islamic60.9% S&P Shariah62.7% MSCI Islamic41.7% MSCI Islamic M-Series62.7% FTSE Shariah24.3% |
| MDT MEDTRONIC PLC | COMPLIANT | 1.08% | AAOIFI24.4% Usmani31.5% Dow Jones Islamic26.4% S&P Shariah27.4% MSCI Islamic31.4% MSCI Islamic M-Series27.4% FTSE Shariah30.2% |
| NOVO-B.CO NOVO NORDISK A/S | COMPLIANT | 1.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| J JACOBS SOLUTIONS INC | COMPLIANT | 1.05% | AAOIFI23.7% Usmani34.5% Dow Jones Islamic24.8% S&P Shariah24.5% MSCI Islamic34.5% MSCI Islamic M-Series24.5% FTSE Shariah30.5% |
| SIRI SIRIUS XM HOLDINGS INC | NON_COMPLIANT | 1.03% | AAOIFI96.8% Usmani34.8% Dow Jones Islamic120.6% S&P Shariah95.9% MSCI Islamic34.8% MSCI Islamic M-Series95.9% FTSE Shariah34.8% |
| LMT LOCKHEED MARTIN CORP | NON_COMPLIANT | 0.99% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| CPAY CORPAY INC | NON_COMPLIANT | 0.92% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| MCK MCKESSON CORP | COMPLIANT | 0.84% | AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5% |
The published standards disagree about this fund by 13 points of portfolio weight — 33.5% of it passes FTSE Shariah, 20.2% passes Dow Jones 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 21.1% ratios fail on 52.7% 26.2% not rated under AAOIFI
ratios pass on 27.2% ratios fail on 42.1% 30.7% not rated under Usmani
ratios pass on 20.2% ratios fail on 53.6% 26.2% not rated under Dow Jones Islamic
ratios pass on 21.0% ratios fail on 52.8% 26.2% not rated under S&P Shariah
ratios pass on 30.3% ratios fail on 41.2% 28.5% not rated under MSCI Islamic
ratios pass on 21.0% ratios fail on 52.8% 26.2% not rated under MSCI Islamic M-Series
ratios pass on 33.5% ratios fail on 38.0% 28.5% not rated under FTSE Shariah
35 of 41 listed holdings carry our own per-methodology verdicts (79% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 29 (65% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BRK.B BERKSHIRE HATHAWAY INC | 4.44% |
| KHC KRAFT HEINZ COMPANY (THE) | 4.11% |
| EVRG EVERGY INC | 4.10% |
| CCI CROWN CASTLE INC | 3.99% |
| ABI.BR ANHEUSER-BUSCH INBEV SA/NV | 3.88% |
| D DOMINION ENERGY INC | 3.60% |
| ELV ELEVANCE HEALTH INC | 3.54% |
| CHTR CHARTER COMMUNICATIONS INC | 3.43% |
| FISV FISERV INC | 3.30% |
| KMI KINDER MORGAN INC | 3.07% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
TSW Large Cap Value Fund (TSWEX) 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 |
|---|---|---|
| NORTHERN INSTITUTIONAL FUNDSnot matched to a ticker | 9.56% | Not screened |
| BRK.BBERKSHIRE HATHAWAY INC | 4.44% | Non-compliant |
| KHCKRAFT HEINZ COMPANY (THE) | 4.11% | Non-compliant |
| EVRGEVERGY INC | 4.10% | Non-compliant |
| CCICROWN CASTLE INC | 3.99% | Non-compliant |
| ABI.BRANHEUSER-BUSCH INBEV SA/NV | 3.88% | Non-compliant |
| DDOMINION ENERGY INC | 3.60% | Non-compliant |
| ELVELEVANCE HEALTH INC | 3.54% | Non-compliant |
| CHTRCHARTER COMMUNICATIONS INC | 3.43% | Non-compliant |
| CVXCHEVRON CORP | 3.31% | Compliant |
Top 10 of 41 holdings, 44.0% 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 TSWEX. 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) | 52.60 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 35.24 | NEUTRAL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 1.11 | BUY |
| Momentum (10) | 0.16 | BUY |
| EMA (10) | 14.24 | BUY |
| SMA (10) | 14.15 | BUY |
| EMA (20) | 14.33 | BUY |
| SMA (20) | 14.33 | BUY |
| EMA (30) | 14.40 | BUY |
| SMA (30) | 14.53 | SELL |
| EMA (50) | 14.43 | BUY |
| SMA (50) | 14.64 | SELL |
| EMA (100) | 14.27 | BUY |
| SMA (100) | 14.28 | BUY |
| EMA (200) | 13.84 | BUY |
| SMA (200) | 13.86 | 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.