Verdicts genuinely change. Free email alert the moment VMIAX'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.
VANGUARD MATERIALS INDEX FUND · VANGUARD WORLD FUND
113 holdings
NON-COMPLIANT 14.35% of portfolio weight is in non-compliant holdings, over the 5% threshold.
113 holdings, 93 matched (95% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.50% of this portfolio’s income is non-permissible — weighted across holdings, computed over 93% of portfolio weight (87 of 113 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.
81.2% compliant 0.0% questionable 14.3% non-compliant 4.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| LIN Linde PLC | COMPLIANT | 14.92% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| NEM Newmont Corp | COMPLIANT | 7.69% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| FCX Freeport-McMoRan Inc | COMPLIANT | 6.06% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| CRH CRH PLC | COMPLIANT | 4.68% | AAOIFI31.8% Usmani33.7% Dow Jones Islamic27.6% S&P Shariah30.6% MSCI Islamic32.7% MSCI Islamic M-Series30.6% FTSE Shariah30.4% |
| SHW Sherwin-Williams Co/The | COMPLIANT | 4.59% | AAOIFI18.0% Usmani52.7% Dow Jones Islamic16.6% S&P Shariah17.3% MSCI Islamic52.7% MSCI Islamic M-Series17.3% FTSE Shariah44.8% |
| ECL Ecolab Inc | COMPLIANT | 4.19% | AAOIFI17.0% Usmani44.6% Dow Jones Islamic18.1% S&P Shariah19.4% MSCI Islamic44.6% MSCI Islamic M-Series19.4% FTSE Shariah44.0% |
| APD Air Products and Chemicals Inc | COMPLIANT | 3.81% | AAOIFI0.9% Usmani1.5% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.3% |
| NUE Nucor Corp | COMPLIANT | 3.67% | AAOIFI11.2% Usmani17.6% Dow Jones Islamic17.6% S&P Shariah17.3% MSCI Islamic17.6% MSCI Islamic M-Series17.3% FTSE Shariah17.6% |
| CTVA Corteva Inc | COMPLIANT | 3.40% | AAOIFI2.9% Usmani4.0% Dow Jones Islamic3.6% S&P Shariah3.9% MSCI Islamic4.0% MSCI Islamic M-Series3.9% FTSE Shariah4.0% |
| VMC Vulcan Materials Co | COMPLIANT | 2.40% | AAOIFI14.1% Usmani30.1% Dow Jones Islamic13.9% S&P Shariah14.6% MSCI Islamic30.1% MSCI Islamic M-Series14.6% FTSE Shariah26.6% |
| STLD Steel Dynamics Inc | COMPLIANT | 2.32% | AAOIFI12.1% Usmani24.4% Dow Jones Islamic17.6% S&P Shariah18.9% MSCI Islamic24.4% MSCI Islamic M-Series18.9% FTSE Shariah24.4% |
| MLM Martin Marietta Materials Inc | COMPLIANT | 2.25% | AAOIFI17.5% Usmani29.8% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic29.8% MSCI Islamic M-Series18.9% FTSE Shariah27.9% |
| AMRZ Amrize Ltd | COMPLIANT | 1.74% | AAOIFI24.3% Usmani25.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.0% MSCI Islamic M-Seriespass FTSE Shariah21.4% |
| PPG PPG Industries Inc | COMPLIANT | 1.63% | AAOIFI31.6% Usmani34.8% Dow Jones Islamic30.9% S&P Shariah29.1% MSCI Islamic34.7% MSCI Islamic M-Series29.1% FTSE Shariah32.1% |
| DOW Dow Inc | NON_COMPLIANT | 1.54% | AAOIFI91.5% Usmani32.7% Dow Jones Islamic88.2% S&P Shariah76.2% MSCI Islamic32.7% MSCI Islamic M-Series76.2% FTSE Shariah30.2% |
| SW Smurfit Westrock PLC | NON_COMPLIANT | 1.38% | AAOIFI61.2% Usmani31.3% Dow Jones Islamic62.7% S&P Shariah90.7% MSCI Islamic31.3% MSCI Islamic M-Series90.7% FTSE Shariah31.3% |
| ALB Albemarle Corp | COMPLIANT | 1.33% | AAOIFI13.1% Usmani13.2% Dow Jones Islamic15.4% S&P Shariah15.0% MSCI Islamic12.6% MSCI Islamic M-Series15.0% FTSE Shariah11.8% |
| DD DuPont de Nemours Inc | COMPLIANT | 1.30% | AAOIFI17.6% Usmani14.8% Dow Jones Islamic12.1% S&P Shariah11.4% MSCI Islamic14.8% MSCI Islamic M-Series11.4% FTSE Shariah14.8% |
| AA Alcoa Corp | COMPLIANT | 1.29% | AAOIFI16.9% Usmani13.2% Dow Jones Islamic24.5% S&P Shariah28.1% MSCI Islamic13.2% MSCI Islamic M-Series28.1% FTSE Shariah13.2% |
| CDE Coeur Mining Inc | COMPLIANT | 1.28% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.2% MSCI Islamic0.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| RS Reliance Inc | COMPLIANT | 1.28% | AAOIFI9.9% Usmani18.8% Dow Jones Islamic12.5% S&P Shariah12.6% MSCI Islamic18.8% MSCI Islamic M-Series12.6% FTSE Shariah15.7% |
| PKG Packaging Corp of America | COMPLIANT | 1.26% | AAOIFI20.8% Usmani40.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic39.9% MSCI Islamic M-Series0.2% FTSE Shariah36.0% |
| IFF International Flavors & Fragrances Inc | NON_COMPLIANT | 1.25% | AAOIFI26.5% Usmani23.0% Dow Jones Islamic29.7% S&P Shariah29.3% MSCI Islamic23.0% MSCI Islamic M-Series29.3% FTSE Shariah22.7% |
| RGLD Royal Gold Inc | COMPLIANT | 1.22% | AAOIFI1.8% Usmani4.2% Dow Jones Islamic2.7% S&P Shariah3.3% MSCI Islamic4.2% MSCI Islamic M-Series3.3% FTSE Shariah4.2% |
| AMCR Amcor PLC | NON_COMPLIANT | 1.15% | AAOIFI71.8% Usmani41.9% Dow Jones Islamic93.4% S&P Shariah101.7% MSCI Islamic41.8% MSCI Islamic M-Series101.7% FTSE Shariah38.9% |
| CF CF Industries Holdings Inc | COMPLIANT | 1.12% | AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3% |
| LYB LyondellBasell Industries NV | NON_COMPLIANT | 1.10% | AAOIFI62.2% Usmani37.0% Dow Jones Islamic65.8% S&P Shariah58.8% MSCI Islamic37.0% MSCI Islamic M-Series58.8% FTSE Shariah33.2% |
| IP International Paper Co | NON_COMPLIANT | 1.08% | AAOIFI50.2% Usmani27.3% Dow Jones Islamic47.6% S&P Shariah55.5% MSCI Islamic27.1% MSCI Islamic M-Series55.5% FTSE Shariah25.2% |
| BALL Ball Corp | NON_COMPLIANT | 0.89% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| RPM RPM International Inc | COMPLIANT | 0.87% | AAOIFI21.9% Usmani35.3% Dow Jones Islamic20.5% S&P Shariah21.0% MSCI Islamic35.3% MSCI Islamic M-Series21.0% FTSE Shariah30.4% |
| SOLS Solstice Advanced Materials Inc | COMPLIANT | 0.86% | AAOIFI19.5% Usmani35.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic33.3% MSCI Islamic M-Seriespass FTSE Shariah33.3% |
| AVY Avery Dennison Corp | COMPLIANT | 0.79% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HL Hecla Mining Co | COMPLIANT | 0.76% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Crown Holdings Inc | UNSCREENED | 0.70% | no in-house ratios for this holding |
| ESI Element Solutions Inc | COMPLIANT | 0.63% | AAOIFI20.7% Usmani31.7% Dow Jones Islamic26.2% S&P Shariah28.2% MSCI Islamic31.7% MSCI Islamic M-Series28.2% FTSE Shariah30.2% |
| MP MP Materials Corp | NON_COMPLIANT | 0.59% | AAOIFI9.8% Usmani25.6% Dow Jones Islamic12.3% S&P Shariah15.7% MSCI Islamic25.6% MSCI Islamic M-Series15.7% FTSE Shariah25.1% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | UNSCREENED | 0.57% | no in-house ratios for this holding |
| EMN Eastman Chemical Co | NON_COMPLIANT | 0.56% | AAOIFI64.1% Usmani33.8% Dow Jones Islamic60.0% S&P Shariah58.0% MSCI Islamic33.8% MSCI Islamic M-Series58.0% FTSE Shariah33.8% |
| Commercial Metals Co | UNSCREENED | 0.54% | no in-house ratios for this holding |
| Cleveland-Cliffs Inc | UNSCREENED | 0.50% | no in-house ratios for this holding |
| ATR AptarGroup Inc | COMPLIANT | 0.49% | AAOIFI17.2% Usmani26.9% Dow Jones Islamic15.2% S&P Shariah15.4% MSCI Islamic26.9% MSCI Islamic M-Series15.4% FTSE Shariah26.0% |
| MOS Mosaic Co/The | NON_COMPLIANT | 0.49% | AAOIFI60.0% Usmani20.5% Dow Jones Islamic59.7% S&P Shariah57.0% MSCI Islamic20.5% MSCI Islamic M-Series57.0% FTSE Shariah19.6% |
| EXP Eagle Materials Inc | NON_COMPLIANT | 0.46% | AAOIFI30.7% Usmani45.9% Dow Jones Islamic24.2% S&P Shariah24.1% MSCI Islamic45.9% MSCI Islamic M-Series24.1% FTSE Shariah45.0% |
| Axalta Coating Systems Ltd | UNSCREENED | 0.42% | no in-house ratios for this holding |
| NEU NewMarket Corp | COMPLIANT | 0.40% | AAOIFI11.5% Usmani26.0% Dow Jones Islamic15.1% S&P Shariah16.2% MSCI Islamic26.0% MSCI Islamic M-Series16.2% FTSE Shariah23.6% |
| Celanese Corp | UNSCREENED | 0.37% | no in-house ratios for this holding |
| BCPC Balchem Corp | COMPLIANT | 0.33% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HCC Warrior Met Coal Inc | COMPLIANT | 0.32% | AAOIFI2.8% Usmani8.1% Dow Jones Islamic4.2% S&P Shariah4.5% MSCI Islamic5.3% MSCI Islamic M-Series4.5% FTSE Shariah5.3% |
| SON Sonoco Products Co | NON_COMPLIANT | 0.31% | AAOIFI101.6% Usmani45.7% Dow Jones Islamic108.8% S&P Shariah106.8% MSCI Islamic45.2% MSCI Islamic M-Series106.8% FTSE Shariah42.4% |
| LPX Louisiana-Pacific Corp | COMPLIANT | 0.31% | AAOIFI8.0% Usmani14.5% Dow Jones Islamic6.1% S&P Shariah6.5% MSCI Islamic14.5% MSCI Islamic M-Series6.5% FTSE Shariah13.3% |
| CBT Cabot Corp | COMPLIANT | 0.30% | AAOIFI27.4% Usmani27.4% Dow Jones Islamic25.7% S&P Shariah25.0% MSCI Islamic27.4% MSCI Islamic M-Series25.0% FTSE Shariah27.4% |
| MTRN Materion Corp | COMPLIANT | 0.29% | AAOIFI9.8% Usmani27.3% Dow Jones Islamic17.9% S&P Shariah18.9% MSCI Islamic26.7% MSCI Islamic M-Series18.9% FTSE Shariah23.6% |
| PRM Perimeter Solutions Inc | COMPLIANT | 0.29% | AAOIFI24.1% Usmani38.8% Dow Jones Islamic40.1% S&P Shariah52.4% MSCI Islamic38.6% MSCI Islamic M-Series52.4% FTSE Shariah37.3% |
| KNF Knife River Corp | NON_COMPLIANT | 0.29% | AAOIFI47.9% Usmani39.9% Dow Jones Islamic34.9% S&P Shariah37.4% MSCI Islamic39.9% MSCI Islamic M-Series37.4% FTSE Shariah38.7% |
| Constellium SE | UNSCREENED | 0.27% | no in-house ratios for this holding |
| SXT Sensient Technologies Corp | COMPLIANT | 0.26% | AAOIFI13.4% Usmani32.2% Dow Jones Islamic19.2% S&P Shariah21.4% MSCI Islamic32.2% MSCI Islamic M-Series21.4% FTSE Shariah32.2% |
| CENX Century Aluminum Co | COMPLIANT | 0.24% | AAOIFI10.4% Usmani16.7% Dow Jones Islamic15.7% S&P Shariah19.8% MSCI Islamic16.7% MSCI Islamic M-Series19.8% FTSE Shariah16.7% |
| HB Fuller Co | UNSCREENED | 0.22% | no in-house ratios for this holding |
| SLGN Silgan Holdings Inc | NON_COMPLIANT | 0.22% | AAOIFI111.4% Usmani50.5% Dow Jones Islamic99.0% S&P Shariah101.1% MSCI Islamic50.5% MSCI Islamic M-Series101.1% FTSE Shariah50.5% |
| WLK Westlake Corp | NON_COMPLIANT | 0.21% | AAOIFI63.9% Usmani30.2% Dow Jones Islamic49.2% S&P Shariah43.2% MSCI Islamic30.2% MSCI Islamic M-Series43.2% FTSE Shariah26.1% |
| GPK Graphic Packaging Holding Co | NON_COMPLIANT | 0.21% | AAOIFI192.9% Usmani48.5% Dow Jones Islamic100.1% S&P Shariah90.7% MSCI Islamic48.4% MSCI Islamic M-Series90.7% FTSE Shariah48.4% |
| CC Chemours Co/The | NON_COMPLIANT | 0.21% | AAOIFI189.6% Usmani57.6% Dow Jones Islamic171.4% S&P Shariah148.1% MSCI Islamic57.6% MSCI Islamic M-Series148.1% FTSE Shariah54.2% |
| Avient Corp | UNSCREENED | 0.21% | no in-house ratios for this holding |
| HWKN Hawkins Inc | COMPLIANT | 0.20% | AAOIFI9.7% Usmani25.9% Dow Jones Islamic9.0% S&P Shariah10.6% MSCI Islamic25.9% MSCI Islamic M-Series10.6% FTSE Shariah24.2% |
| OLN Olin Corp | NON_COMPLIANT | 0.19% | AAOIFI167.1% Usmani45.8% Dow Jones Islamic116.6% S&P Shariah89.2% MSCI Islamic45.8% MSCI Islamic M-Series89.2% FTSE Shariah40.7% |
| KALU Kaiser Aluminum Corp | NON_COMPLIANT | 0.19% | AAOIFI39.7% Usmani36.7% Dow Jones Islamic65.1% S&P Shariah72.6% MSCI Islamic36.6% MSCI Islamic M-Series72.6% FTSE Shariah35.7% |
| SMG Scotts Miracle-Gro Co/The | NON_COMPLIANT | 0.18% | AAOIFI71.9% Usmani79.0% Dow Jones Islamic70.4% S&P Shariah73.0% MSCI Islamic78.6% MSCI Islamic M-Series73.0% FTSE Shariah66.7% |
| Ashland Inc | UNSCREENED | 0.17% | no in-house ratios for this holding |
| HUN Huntsman Corp | NON_COMPLIANT | 0.16% | AAOIFI147.4% Usmani34.9% Dow Jones Islamic109.6% S&P Shariah90.4% MSCI Islamic34.9% MSCI Islamic M-Series90.4% FTSE Shariah28.8% |
| NGVT Ingevity Corp | NON_COMPLIANT | 0.16% | AAOIFI51.0% Usmani80.4% Dow Jones Islamic63.7% S&P Shariah67.4% MSCI Islamic80.4% MSCI Islamic M-Series67.4% FTSE Shariah78.1% |
| MTX Minerals Technologies Inc | NON_COMPLIANT | 0.15% | AAOIFI42.8% Usmani27.4% Dow Jones Islamic45.6% S&P Shariah45.4% MSCI Islamic27.4% MSCI Islamic M-Series45.4% FTSE Shariah27.4% |
| Perpetua Resources Corp | UNSCREENED | 0.15% | no in-house ratios for this holding |
| AMR Alpha Metallurgical Resources Inc | COMPLIANT | 0.14% | AAOIFI0.2% Usmani0.3% Dow Jones Islamic0.3% S&P Shariah0.2% MSCI Islamic0.3% MSCI Islamic M-Series0.2% FTSE Shariah0.3% |
| USAR USA Rare Earth Inc | NON_COMPLIANT | 0.14% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| IOSP Innospec Inc | COMPLIANT | 0.13% | AAOIFI2.1% Usmani2.6% Dow Jones Islamic2.2% S&P Shariah2.0% MSCI Islamic2.6% MSCI Islamic M-Series2.0% FTSE Shariah0.0% |
| KWR Quaker Chemical Corp | NON_COMPLIANT | 0.13% | AAOIFI33.2% Usmani32.4% Dow Jones Islamic38.2% S&P Shariah34.7% MSCI Islamic32.4% MSCI Islamic M-Series34.7% FTSE Shariah30.6% |
| FMC FMC Corp | NON_COMPLIANT | 0.11% | AAOIFI271.1% Usmani48.1% Dow Jones Islamic115.5% S&P Shariah91.6% MSCI Islamic48.1% MSCI Islamic M-Series91.6% FTSE Shariah46.8% |
| PCT PureCycle Technologies Inc | NON_COMPLIANT | 0.11% | AAOIFI6.3% Usmani8.1% Dow Jones Islamic4.6% S&P Shariah5.6% MSCI Islamic8.1% MSCI Islamic M-Series5.6% FTSE Shariah1.3% |
| GEF Greif Inc | COMPLIANT | 0.10% | AAOIFI20.5% Usmani16.4% Dow Jones Islamic30.0% S&P Shariah31.0% MSCI Islamic15.9% MSCI Islamic M-Series31.0% FTSE Shariah12.8% |
| ECVT Ecovyst Inc | NON_COMPLIANT | 0.10% | AAOIFI48.9% Usmani38.5% Dow Jones Islamic51.9% S&P Shariah51.3% MSCI Islamic38.5% MSCI Islamic M-Series51.3% FTSE Shariah34.7% |
| WS Worthington Steel Inc | COMPLIANT | 0.09% | AAOIFI19.7% Usmani15.7% Dow Jones Islamic20.5% S&P Shariah21.1% MSCI Islamic15.4% MSCI Islamic M-Series21.1% FTSE Shariah11.4% |
| O-I Glass Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| TRS TriMas Corp | NON_COMPLIANT | 0.09% | AAOIFI30.8% Usmani19.5% Dow Jones Islamic34.9% S&P Shariah37.2% MSCI Islamic19.4% MSCI Islamic M-Series37.2% FTSE Shariah17.7% |
| RYZ Ryerson Holding Corp | NON_COMPLIANT | 0.09% | AAOIFI97.3% Usmani34.6% Dow Jones Islamic151.0% S&P Shariah150.8% MSCI Islamic34.6% MSCI Islamic M-Series150.8% FTSE Shariah24.9% |
| SLVM Sylvamo Corp | NON_COMPLIANT | 0.08% | AAOIFI66.4% Usmani33.5% Dow Jones Islamic44.2% S&P Shariah44.0% MSCI Islamic33.0% MSCI Islamic M-Series44.0% FTSE Shariah30.7% |
| USLM United States Lime & Minerals Inc | COMPLIANT | 0.08% | AAOIFI0.1% Usmani0.4% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.4% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| Ivanhoe Electric Inc / US | UNSCREENED | 0.08% | no in-house ratios for this holding |
| TMCWW TMC the metals co Inc | NON_COMPLIANT | 0.08% | AAOIFI130.2% Usmani1.4% Dow Jones Islamic1.0% S&P Shariah1.3% MSCI Islamic1.4% MSCI Islamic M-Series1.3% FTSE Shariah1.4% |
| SCL Stepan Co | NON_COMPLIANT | 0.07% | AAOIFI49.1% Usmani29.6% Dow Jones Islamic56.7% S&P Shariah49.9% MSCI Islamic29.6% MSCI Islamic M-Series49.9% FTSE Shariah27.1% |
| Compass Minerals International Inc | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MUX McEwen Inc | COMPLIANT | 0.07% | AAOIFI10.3% Usmani12.8% Dow Jones Islamic15.5% S&P Shariah18.6% MSCI Islamic12.8% MSCI Islamic M-Series18.6% FTSE Shariah12.8% |
| UAMY United States Antimony Corp | COMPLIANT | 0.07% | AAOIFI0.0% Usmani0.2% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.2% MSCI Islamic M-Series0.1% FTSE Shariah0.2% |
| TROX Tronox Holdings PLC | NON_COMPLIANT | 0.06% | AAOIFI435.1% Usmani56.2% Dow Jones Islamic307.2% S&P Shariah236.0% MSCI Islamic56.2% MSCI Islamic M-Series236.0% FTSE Shariah53.1% |
| ASP Isotopes Inc | UNSCREENED | 0.05% | no in-house ratios for this holding |
| KOP Koppers Holdings Inc | NON_COMPLIANT | 0.05% | AAOIFI110.8% Usmani58.2% Dow Jones Islamic149.7% S&P Shariah133.6% MSCI Islamic58.2% MSCI Islamic M-Series133.6% FTSE Shariah52.1% |
| SXC SunCoke Energy Inc | NON_COMPLIANT | 0.05% | AAOIFI74.8% Usmani37.9% Dow Jones Islamic97.5% S&P Shariah94.6% MSCI Islamic37.6% MSCI Islamic M-Series94.6% FTSE Shariah37.5% |
| MTUS Metallus Inc | COMPLIANT | 0.05% | AAOIFI1.5% Usmani1.3% Dow Jones Islamic1.7% S&P Shariah1.6% MSCI Islamic1.1% MSCI Islamic M-Series1.6% FTSE Shariah0.0% |
| MYE Myers Industries Inc | COMPLIANT | 0.05% | AAOIFI27.6% Usmani40.1% Dow Jones Islamic50.9% S&P Shariah52.2% MSCI Islamic39.2% MSCI Islamic M-Series52.2% FTSE Shariah36.9% |
| LXU LSB Industries Inc | NON_COMPLIANT | 0.04% | AAOIFI59.7% Usmani39.7% Dow Jones Islamic72.4% S&P Shariah73.8% MSCI Islamic39.7% MSCI Islamic M-Series73.8% FTSE Shariah36.0% |
| AdvanSix Inc | UNSCREENED | 0.04% | no in-house ratios for this holding |
| METC Ramaco Resources Inc | NON_COMPLIANT | 0.04% | AAOIFI0.0% Usmani1.5% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | UNSCREENED | 0.03% | no in-house ratios for this holding |
| MATV Mativ Holdings Inc | NON_COMPLIANT | 0.03% | AAOIFI146.0% Usmani52.0% Dow Jones Islamic190.0% S&P Shariah165.7% MSCI Islamic51.2% MSCI Islamic M-Series165.7% FTSE Shariah49.0% |
| ASPN Aspen Aerogels Inc | NON_COMPLIANT | 0.03% | AAOIFI25.2% Usmani27.2% Dow Jones Islamic15.7% S&P Shariah12.0% MSCI Islamic26.2% MSCI Islamic M-Series12.0% FTSE Shariah20.4% |
| IPI Intrepid Potash Inc | NON_COMPLIANT | 0.03% | AAOIFI0.2% Usmani0.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.2% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| Orion SA | UNSCREENED | 0.03% | no in-house ratios for this holding |
| MAGN Magnera Corp | NON_COMPLIANT | 0.02% | AAOIFI436.8% Usmani51.1% Dow Jones Islamic512.6% S&P Shariah698.0% MSCI Islamic51.1% MSCI Islamic M-Series698.0% FTSE Shariah49.6% |
| PACK Ranpak Holdings Corp | NON_COMPLIANT | 0.02% | AAOIFI109.6% Usmani39.2% Dow Jones Islamic97.9% S&P Shariah100.2% MSCI Islamic38.9% MSCI Islamic M-Series100.2% FTSE Shariah36.6% |
| CLW Clearwater Paper Corp | NON_COMPLIANT | 0.02% | AAOIFI120.0% Usmani26.3% Dow Jones Islamic111.6% S&P Shariah87.2% MSCI Islamic25.8% MSCI Islamic M-Series87.2% FTSE Shariah23.0% |
| KRO Kronos Worldwide Inc | NON_COMPLIANT | 0.01% | AAOIFI60.7% Usmani33.8% Dow Jones Islamic72.2% S&P Shariah65.2% MSCI Islamic33.8% MSCI Islamic M-Series65.2% FTSE Shariah32.7% |
| N/A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| American Vanguard Corp | UNSCREENED | 0.00% | no in-house ratios for this holding |
| MERC Mercer International Inc | NON_COMPLIANT | 0.00% | AAOIFI5491.3% Usmani75.9% Dow Jones Islamic620.7% S&P Shariah422.7% MSCI Islamic75.2% MSCI Islamic M-Series422.7% FTSE Shariah74.9% |
The published standards disagree about this fund by 13 points of portfolio weight — 76.5% of it passes Dow Jones Islamic, 63.4% 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 70.5% ratios fail on 17.9% 12.0% not rated under AAOIFI
ratios pass on 63.4% ratios fail on 25.0% 12.0% not rated under Usmani
ratios pass on 76.5% ratios fail on 11.5% 12.4% not rated under Dow Jones Islamic
ratios pass on 76.5% ratios fail on 11.5% 12.4% not rated under S&P Shariah
ratios pass on 65.2% ratios fail on 22.9% 12.3% not rated under MSCI Islamic
ratios pass on 76.5% ratios fail on 11.5% 12.4% not rated under MSCI Islamic M-Series
ratios pass on 72.4% ratios fail on 15.5% 12.5% not rated under FTSE Shariah
93 of 113 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 90 (94% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| DOW Dow Inc | 1.54% |
| SW Smurfit Westrock PLC | 1.38% |
| IFF International Flavors & Fragrances Inc | 1.25% |
| AMCR Amcor PLC | 1.15% |
| LYB LyondellBasell Industries NV | 1.10% |
| IP International Paper Co | 1.08% |
| BALL Ball Corp | 0.89% |
| MP MP Materials Corp | 0.59% |
| EMN Eastman Chemical Co | 0.56% |
| MOS Mosaic Co/The | 0.49% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
VANGUARD MATERIALS INDEX FUND (VMIAX) 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 |
|---|---|---|
| LINLinde PLC | 14.92% | Compliant |
| NEMNewmont Corp | 7.69% | Compliant |
| FCXFreeport-McMoRan Inc | 6.06% | Compliant |
| CRHCRH PLC | 4.68% | Compliant |
| SHWSherwin-Williams Co/The | 4.59% | Compliant |
| ECLEcolab Inc | 4.19% | Compliant |
| APDAir Products and Chemicals Inc | 3.81% | Compliant |
| NUENucor Corp | 3.67% | Compliant |
| CTVACorteva Inc | 3.40% | Compliant |
| VMCVulcan Materials Co | 2.40% | Compliant |
Top 10 of 113 holdings, 55.4% 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 VMIAX. 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) | 44.40 | NEUTRAL |
| Stochastic %K (14) | 42.39 | NEUTRAL |
| CCI (20) | -24.30 | NEUTRAL |
| Williams %R (14) | -57.61 | NEUTRAL |
| MACD (12,26,9) | 0.13 | BUY |
| ROC (10) | -0.87 | SELL |
| Momentum (10) | -0.99 | SELL |
| EMA (10) | 112.74 | BUY |
| SMA (10) | 112.26 | BUY |
| EMA (20) | 113.65 | SELL |
| SMA (20) | 113.28 | SELL |
| EMA (30) | 114.46 | SELL |
| SMA (30) | 115.08 | SELL |
| EMA (50) | 115.36 | SELL |
| SMA (50) | 116.79 | SELL |
| EMA (100) | 115.64 | SELL |
| SMA (100) | 116.45 | SELL |
| EMA (200) | 113.71 | SELL |
| SMA (200) | 116.04 | SELL |
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.