Verdicts genuinely change. Free email alert the moment VNIIX'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.
Vontobel International Equity Fund · ADVISORS' INNER CIRCLE FUND II
62 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 35.38% of portfolio weight is in non-compliant holdings, over the 5% threshold.
62 holdings, 36 matched (91% of weight). Portfolio as of 2026-06-30, filed 2026-08-31. Source: SEC Form N-PORT.
0.89% of this portfolio’s income is non-permissible — weighted across holdings, computed over 72% of portfolio weight (29 of 62 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.
55.9% compliant 0.2% questionable 35.2% non-compliant 8.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Limited | COMPLIANT | 5.86% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| ASML.AS ASML Holding N.V. | COMPLIANT | 5.49% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GALDY Galderma Group AG | COMPLIANT | 5.39% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| 8035.T Tokyo Electron Limited | COMPLIANT | 4.92% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| IFX.DE Infineon Technologies AG | COMPLIANT | 4.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| IHG INTERCONTINENTAL HOTELS GROUP PLC | NON_COMPLIANT | 4.05% | AAOIFI18.2% Usmani78.6% Dow Jones Islamic19.5% S&P Shariah21.3% MSCI Islamic78.6% MSCI Islamic M-Series21.3% FTSE Shariah78.6% |
| LIN LINDE PUBLIC LIMITED COMPANY | COMPLIANT | 3.98% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| KO THE COCA-COLA COMPANY | COMPLIANT | 3.96% | AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8% |
| TRP TC Energy Corporation | NON_COMPLIANT | 3.39% | AAOIFI2.3% Usmani1.7% Dow Jones Islamic2.6% S&P Shariah3.0% MSCI Islamic1.7% MSCI Islamic M-Series3.0% FTSE Shariah1.3% |
| GAW.L Games Workshop Group PLC | COMPLIANT | 3.36% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ENB.TO Enbridge Inc. | NON_COMPLIANT | 3.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GWO.TO GREAT-WEST LIFECO INC. | NON_COMPLIANT | 3.02% | AAOIFI16.5% Usmani1.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.6% MSCI Islamic M-Seriesfail FTSE Shariah1.6% |
| D05.SI DBS GROUP HOLDINGS LTD | NON_COMPLIANT | 2.95% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| 6752.T Panasonic Holdings Corporation | COMPLIANT | 2.91% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 6861.T KEYENCE CORPORATION | COMPLIANT | 2.77% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| DPLM.L DIPLOMA PLC | COMPLIANT | 2.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PM Philip Morris International Inc. | NON_COMPLIANT | 2.66% | AAOIFI16.1% Usmani66.9% Dow Jones Islamic18.9% S&P Shariah22.1% MSCI Islamic66.9% MSCI Islamic M-Series22.1% FTSE Shariah66.9% |
| 6146.T DISCO CORPORATION | COMPLIANT | 2.56% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Sandvik Aktiebolag | UNSCREENED | 2.56% | no in-house ratios for this holding |
| L'AIR LIQUIDE SOCIETE ANONYME POUR L'ETUDE ET L'EXPLOITATION DES PROCEDES GEORGES CLAUDE SA | UNSCREENED | 2.47% | no in-house ratios for this holding |
| N/A | UNSCREENED | 2.46% | no in-house ratios for this holding |
| 8411.T Mizuho Financial Group, Inc. | NON_COMPLIANT | 2.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8306.T Mitsubishi UFJ Financial Group, Inc. | NON_COMPLIANT | 2.42% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAFRY SAFRAN SA | COMPLIANT | 2.05% | AAOIFI3.9% Usmani9.9% Dow Jones Islamic19.4% S&P Shariah22.2% MSCI Islamic8.6% MSCI Islamic M-Series22.2% FTSE Shariah8.6% |
| 033780.KS KT&G Corporation | NON_COMPLIANT | 1.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TRN.MI TERNA - RETE ELETTRICA NAZIONALE SOCIETA PER AZIONI | NON_COMPLIANT | 1.96% | AAOIFI77.0% Usmani48.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic48.7% MSCI Islamic M-Series— FTSE Shariah48.7% |
| FER Ferrovial N.V. | COMPLIANT | 1.92% | AAOIFI29.5% Usmani38.0% Dow Jones Islamic30.9% S&P Shariah35.1% MSCI Islamic38.0% MSCI Islamic M-Series35.1% FTSE Shariah38.0% |
| KOG.OL KONGSBERG GRUPPEN ASA | NON_COMPLIANT | 1.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| S63.SI SINGAPORE TECHNOLOGIES ENGINEERING LTD | NON_COMPLIANT | 1.77% | AAOIFI14.7% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.1% MSCI Islamic M-Seriesfail FTSE Shariah30.1% |
| ENR.DE Siemens Energy AG | COMPLIANT | 1.70% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| AKRBP.OL AKER BP ASA | NON_COMPLIANT | 1.68% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| SHB-A.ST Svenska Handelsbanken AB | NON_COMPLIANT | 1.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2308.TW DELTA ELECTRONICS, INC. | COMPLIANT | 1.05% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| CSU.TO Constellation Software Inc. | COMPLIANT | 0.95% | AAOIFI13.2% Usmani38.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic35.8% MSCI Islamic M-Seriespass FTSE Shariah35.8% |
| HALMA PUBLIC LIMITED COMPANY | UNSCREENED | 0.90% | no in-house ratios for this holding |
| NG.L NATIONAL GRID PLC | NON_COMPLIANT | 0.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FORMULA ONE GROUP | UNSCREENED | 0.21% | no in-house ratios for this holding |
| NFLX NETFLIX, INC. | QUESTIONABLE | 0.18% | AAOIFI5.2% Usmani28.5% Dow Jones Islamic4.1% S&P Shariah4.7% MSCI Islamic28.5% MSCI Islamic M-Series4.7% FTSE Shariah24.5% |
| LONN.SW Lonza Group AG | COMPLIANT | 0.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| RACE Ferrari N.V. | COMPLIANT | 0.10% | AAOIFI4.3% Usmani30.0% Dow Jones Islamic4.4% S&P Shariah4.6% MSCI Islamic30.0% MSCI Islamic M-Series4.6% FTSE Shariah30.0% |
| Deutsche Boerse Aktiengesellschaft | UNSCREENED | 0.10% | no in-house ratios for this holding |
| 1299.HK AIA Group Limited | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HERMES INTERNATIONAL S.C.A. | UNSCREENED | 0.09% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BROWN BROTHERS HARRIMAN & CO. | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 32 points of portfolio weight — 61.1% of it passes AAOIFI, 28.6% 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 61.1% ratios fail on 25.3% 14.2% not rated under AAOIFI
ratios pass on 34.6% ratios fail on 51.7% 14.3% not rated under Usmani
ratios pass on 56.0% ratios fail on 28.3% 16.2% not rated under Dow Jones Islamic
ratios pass on 54.1% ratios fail on 30.2% 16.2% not rated under S&P Shariah
ratios pass on 28.6% ratios fail on 57.7% 14.3% not rated under MSCI Islamic
ratios pass on 54.1% ratios fail on 30.2% 16.2% not rated under MSCI Islamic M-Series
ratios pass on 34.6% ratios fail on 51.7% 14.3% not rated under FTSE Shariah
36 of 62 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (39% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| IHG INTERCONTINENTAL HOTELS GROUP PLC | 4.05% |
| TRP TC Energy Corporation | 3.39% |
| ENB.TO Enbridge Inc. | 3.12% |
| GWO.TO GREAT-WEST LIFECO INC. | 3.02% |
| D05.SI DBS GROUP HOLDINGS LTD | 2.95% |
| PM Philip Morris International Inc. | 2.66% |
| 8411.T Mizuho Financial Group, Inc. | 2.42% |
| 8306.T Mitsubishi UFJ Financial Group, Inc. | 2.42% |
| 033780.KS KT&G Corporation | 1.97% |
| TRN.MI TERNA - RETE ELETTRICA NAZIONALE SOCIETA PER AZIONI | 1.96% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Vontobel International Equity Fund (VNIIX) 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 Limited | 5.86% | Compliant |
| ASML.ASASML Holding N.V. | 5.49% | Compliant |
| GALDYGalderma Group AG | 5.39% | Compliant |
| 8035.TTokyo Electron Limited | 4.92% | Compliant |
| IFX.DEInfineon Technologies AG | 4.45% | Compliant |
| IHGINTERCONTINENTAL HOTELS GROUP PLC | 4.05% | Non-compliant |
| LINLINDE PUBLIC LIMITED COMPANY | 3.98% | Compliant |
| KOTHE COCA-COLA COMPANY | 3.96% | Compliant |
| TRPTC Energy Corporation | 3.39% | Non-compliant |
| GAW.LGames Workshop Group PLC | 3.36% | Compliant |
Top 10 of 62 holdings, 44.8% 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 VNIIX. 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) | 40.90 | NEUTRAL |
| Stochastic %K (14) | 9.09 | BUY |
| CCI (20) | -115.65 | BUY |
| Williams %R (14) | -90.91 | BUY |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -1.66 | SELL |
| Momentum (10) | -0.16 | SELL |
| EMA (10) | 9.57 | SELL |
| SMA (10) | 9.58 | SELL |
| EMA (20) | 9.60 | SELL |
| SMA (20) | 9.59 | SELL |
| EMA (30) | 9.64 | SELL |
| SMA (30) | 9.63 | SELL |
| EMA (50) | 9.69 | SELL |
| SMA (50) | 9.72 | SELL |
| EMA (100) | 9.76 | SELL |
| SMA (100) | 9.84 | SELL |
| EMA (200) | 9.77 | SELL |
| SMA (200) | 9.84 | 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.