VN
$42.71
last close 2026-10-23
VNQIETF / FundVANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND
Verdicts genuinely change. Free email alert the moment VNQI'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.
Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 80% of portfolio weight covered
Fund look-through
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND · VANGUARD INTERNATIONAL EQUITY INDEX FUNDS
741 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 77.06% of portfolio weight is in non-compliant holdings, over the 5% threshold.
741 holdings, 407 matched (80% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
2.63% of this portfolio’s income is non-permissible — weighted across holdings, computed over 74% of portfolio weight (385 of 741 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.
3.9% compliant 0.0% questionable 76.3% non-compliant 19.8% unscreened
All holdings (741) · showing 1–250
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GMG.AX Goodman Group | NON_COMPLIANT | 4.02% | AAOIFI10.2% Usmani18.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic18.2% MSCI Islamic M-Seriesfail FTSE Shariah18.2% |
| 8802.T Mitsubishi Estate Co Ltd | NON_COMPLIANT | 2.79% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8801.T Mitsui Fudosan Co Ltd | NON_COMPLIANT | 2.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0016.HK Sun Hung Kai Properties Ltd | NON_COMPLIANT | 2.28% | AAOIFI30.3% Usmani13.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic12.9% MSCI Islamic M-Series— FTSE Shariah12.9% |
| 8830.T Sumitomo Realty & Development Co Ltd | NON_COMPLIANT | 1.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VNA.DE Vonovia SE | NON_COMPLIANT | 1.94% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| EMAAR.AE Emaar Properties PJSC | NON_COMPLIANT | 1.74% | AAOIFI10.8% Usmani6.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic5.7% MSCI Islamic M-Seriesfail FTSE Shariah5.7% |
| 1925.T Daiwa House Industry Co Ltd | NON_COMPLIANT | 1.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SGRO.L Segro PLC | NON_COMPLIANT | 1.67% | AAOIFI43.5% Usmani31.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.8% MSCI Islamic M-Seriesfail FTSE Shariah30.8% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | UNSCREENED | 1.55% | no in-house ratios for this holding |
| URW.PA Unibail-Rodamco-Westfield | NON_COMPLIANT | 1.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SCG.AX Scentre Group | NON_COMPLIANT | 1.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SPSN.SW Swiss Prime Site AG | NON_COMPLIANT | 1.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0823.HK Link REIT | NON_COMPLIANT | 1.22% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1109.HK China Resources Land Ltd | NON_COMPLIANT | 1.14% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 1113.HK CK Asset Holdings Ltd | NON_COMPLIANT | 1.13% | AAOIFI34.4% Usmani12.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic11.1% MSCI Islamic M-Series— FTSE Shariah11.1% |
| C38U.SI CapitaLand Integrated Commercial Trust | NON_COMPLIANT | 1.11% | AAOIFI53.3% Usmani36.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.5% MSCI Islamic M-Seriesfail FTSE Shariah36.5% |
| LI.PA Klepierre SA | NON_COMPLIANT | 0.95% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| A17U.SI CapitaLand Ascendas REIT | NON_COMPLIANT | 0.79% | AAOIFI65.4% Usmani43.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.0% MSCI Islamic M-Seriesfail FTSE Shariah40.0% |
| PSPN.SW PSP Swiss Property AG | NON_COMPLIANT | 0.78% | AAOIFI51.4% Usmani33.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.1% MSCI Islamic M-Seriesfail FTSE Shariah33.1% |
| H78.SI Hongkong Land Holdings Ltd | NON_COMPLIANT | 0.76% | AAOIFI33.7% Usmani15.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic15.3% MSCI Islamic M-Seriesfail FTSE Shariah15.3% |
| CHC.AX Charter Hall Group | COMPLIANT | 0.73% | AAOIFI8.2% Usmani18.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic18.4% MSCI Islamic M-Series— FTSE Shariah18.4% |
| Aldar Properties PJSC | UNSCREENED | 0.72% | no in-house ratios for this holding |
| MRL.MC Merlin Properties Socimi SA | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AED.BR Aedifica SA | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8951.T Nippon Building Fund Inc | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3003.T Hulic Co Ltd | NON_COMPLIANT | 0.70% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Vicinity Ltd | UNSCREENED | 0.70% | no in-house ratios for this holding |
| SGP.AX Stockland | NON_COMPLIANT | 0.69% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LAND.L Land Securities Group PLC | NON_COMPLIANT | 0.67% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GPT.AX GPT Group/The | NON_COMPLIANT | 0.65% | AAOIFI58.1% Usmani32.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.6% MSCI Islamic M-Seriesfail FTSE Shariah32.6% |
| 1878.T Daito Trust Construction Co Ltd | COMPLIANT | 0.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0688.HK China Overseas Land & Investment Ltd | NON_COMPLIANT | 0.61% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| LMP.L LondonMetric Property PLC | NON_COMPLIANT | 0.59% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BLND.L British Land Co PLC/The | NON_COMPLIANT | 0.58% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NRP.JO NEPI Rockcastle NV | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBOX.L Tritax Big Box REIT PLC | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8952.T Japan Real Estate Investment Corp | NON_COMPLIANT | 0.53% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1997.HK Wharf Real Estate Investment Co Ltd | NON_COMPLIANT | 0.51% | AAOIFI35.8% Usmani14.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic14.8% MSCI Islamic M-Series— FTSE Shariah14.8% |
| 8953.T Japan Metropolitan Fund Invest | NON_COMPLIANT | 0.50% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0083.HK Sino Land Co Ltd | NON_COMPLIANT | 0.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAST.ST Castellum AB | NON_COMPLIANT | 0.47% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MGR.AX Mirvac Group | NON_COMPLIANT | 0.47% | AAOIFI51.8% Usmani26.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic25.7% MSCI Islamic M-Seriesfail FTSE Shariah25.7% |
| Fibra Uno Administracion SA de CV | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Azrieli Group Ltd | UNSCREENED | 0.47% | no in-house ratios for this holding |
| 0012.HK Henderson Land Development Co Ltd | NON_COMPLIANT | 0.46% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Tokyu Fudosan Holdings Corp | UNSCREENED | 0.46% | no in-house ratios for this holding |
| WPHB.F Warehouses De Pauw CVA | NON_COMPLIANT | 0.46% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Prologis Property Mexico SA de CV | UNSCREENED | 0.46% | no in-house ratios for this holding |
| LEG.DE LEG Immobilien SE | NON_COMPLIANT | 0.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GFC.PA Gecina SA | NON_COMPLIANT | 0.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Dexus | UNSCREENED | 0.43% | no in-house ratios for this holding |
| DLF.NS DLF Ltd | NON_COMPLIANT | 0.42% | AAOIFI0.2% Usmani0.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.4% MSCI Islamic M-Seriesfail FTSE Shariah0.4% |
| 8804.T Tokyo Tatemono Co Ltd | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3281.T GLP J-Reit | NON_COMPLIANT | 0.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3462.T Nomura Real Estate Master Fund Inc | NON_COMPLIANT | 0.39% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3283.T Nippon Prologis REIT Inc | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LODHA.NS Lodha Developers Ltd | COMPLIANT | 0.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| EMBASSY.BO Embassy Office Parks REIT | NON_COMPLIANT | 0.38% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8972.T KDX Realty Investment Corp | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FMTY14.MX Fibra MTY SAPI de CV | NON_COMPLIANT | 0.36% | AAOIFI14.8% Usmani3.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic3.3% MSCI Islamic M-Seriesfail FTSE Shariah3.3% |
| EFE.F Sagax AB | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Mega Or Holdings Ltd | UNSCREENED | 0.36% | no in-house ratios for this holding |
| ALLN.SW Allreal Holding AG | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BALD-B.ST Fastighets AB Balder | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHC.L Shaftesbury Capital PLC | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PHOENIXLTD.BO Phoenix Mills Ltd/The | COMPLIANT | 0.36% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| GRT.JO Growthpoint Properties Ltd | NON_COMPLIANT | 0.35% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Big Shopping Centers Ltd | UNSCREENED | 0.35% | no in-house ratios for this holding |
| UTG.L UNITE Group PLC/The | NON_COMPLIANT | 0.34% | AAOIFI52.7% Usmani22.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic21.1% MSCI Islamic M-Seriesfail FTSE Shariah21.1% |
| U14.SI UOL Group Ltd | NON_COMPLIANT | 0.34% | AAOIFI61.3% Usmani20.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic20.7% MSCI Islamic M-Seriesfail FTSE Shariah20.7% |
| 8954.T Orix JREIT Inc | NON_COMPLIANT | 0.34% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8984.T Daiwa House REIT Investment Corp | NON_COMPLIANT | 0.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| C09.SI City Developments Ltd | NON_COMPLIANT | 0.33% | AAOIFI182.9% Usmani54.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.0% MSCI Islamic M-Seriesfail FTSE Shariah52.0% |
| AJBU.SI Keppel DC REIT | NON_COMPLIANT | 0.33% | AAOIFI42.9% Usmani35.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.7% MSCI Islamic M-Seriesfail FTSE Shariah34.7% |
| COV.PA Covivio SA/France | NON_COMPLIANT | 0.32% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GODREJPROP.NS Godrej Properties Ltd | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VESTA.MX Corp Inmobiliaria Vesta SAB de CV | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| PHP.L Primary Health Properties PLC | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| M44U.SI Mapletree Logistics Trust | NON_COMPLIANT | 0.31% | AAOIFI93.8% Usmani41.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.7% MSCI Islamic M-Seriesfail FTSE Shariah40.7% |
| 8960.T United Urban Investment Corp | NON_COMPLIANT | 0.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SM Prime Holdings Inc | UNSCREENED | 0.31% | no in-house ratios for this holding |
| MOBN.SW Mobimo Holding AG | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ME8U.SI Mapletree Industrial Trust | NON_COMPLIANT | 0.30% | AAOIFI41.8% Usmani30.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.6% MSCI Islamic M-Seriesfail FTSE Shariah29.6% |
| DLN.L Derwent London PLC | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MLSR.TA Melisron Ltd | NON_COMPLIANT | 0.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 7502.T Plaza SA | NON_COMPLIANT | 0.29% | AAOIFI184.5% Usmani57.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic55.8% MSCI Islamic M-Seriesfail FTSE Shariah55.8% |
| 3231.T Nomura Real Estate Holdings Inc | NON_COMPLIANT | 0.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PARAUCO.SN Parque Arauco SA | NON_COMPLIANT | 0.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TEG.DE TAG Immobilien AG | NON_COMPLIANT | 0.29% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| China Resources Mixc Lifestyle Services Ltd | UNSCREENED | 0.28% | no in-house ratios for this holding |
| 8985.T Japan Hotel REIT Investment Corp | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1972.HK Swire Properties Ltd | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Emaar Development PJSC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| 8963.T Invincible Investment Corp | NON_COMPLIANT | 0.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HMSO.L Hammerson PLC | NON_COMPLIANT | 0.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RDF.JO Redefine Properties Ltd | NON_COMPLIANT | 0.27% | AAOIFI99.8% Usmani41.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic40.9% MSCI Islamic M-Series— FTSE Shariah40.9% |
| PRESTIGE.NS Prestige Estates Projects Ltd | COMPLIANT | 0.27% | AAOIFI25.7% Usmani27.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic24.1% MSCI Islamic M-Seriespass FTSE Shariah24.1% |
| Central Pattana PCL | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Advance Residence Investment Corp | UNSCREENED | 0.25% | no in-house ratios for this holding |
| 4300.SR Dar Al Arkan Real Estate Development Co | NON_COMPLIANT | 0.24% | AAOIFI75.2% Usmani38.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.1% MSCI Islamic M-Seriesfail FTSE Shariah38.1% |
| T82U.SI Suntec Real Estate Investment Trust | NON_COMPLIANT | 0.24% | AAOIFI93.8% Usmani37.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.3% MSCI Islamic M-Seriesfail FTSE Shariah37.3% |
| Mivne Real Estate KD Ltd | UNSCREENED | 0.24% | no in-house ratios for this holding |
| 8955.T Japan Prime Realty Investment Corp | NON_COMPLIANT | 0.23% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| J69U.SI Frasers Centrepoint Trust | NON_COMPLIANT | 0.23% | AAOIFI60.5% Usmani34.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic34.7% MSCI Islamic M-Series— FTSE Shariah34.7% |
| Highwealth Construction Corp | UNSCREENED | 0.23% | no in-house ratios for this holding |
| 0004.HK Wharf Holdings Ltd/The | NON_COMPLIANT | 0.22% | AAOIFI30.9% Usmani9.0% Dow Jones Islamic— S&P Shariah— MSCI Islamic9.0% MSCI Islamic M-Series— FTSE Shariah9.0% |
| CTPNV.AS CTP NV | NON_COMPLIANT | 0.22% | AAOIFI160.5% Usmani46.8% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.5% MSCI Islamic M-Series— FTSE Shariah46.5% |
| N2IU.SI Mapletree Pan Asia Commercial Trust | NON_COMPLIANT | 0.22% | AAOIFI83.3% Usmani36.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.0% MSCI Islamic M-Seriesfail FTSE Shariah36.0% |
| BYG.L Big Yellow Group PLC | NON_COMPLIANT | 0.22% | AAOIFI30.3% Usmani16.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic15.9% MSCI Islamic M-Seriespass FTSE Shariah15.9% |
| K71U.SI Keppel REIT | NON_COMPLIANT | 0.22% | AAOIFI87.4% Usmani37.6% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.6% MSCI Islamic M-Seriesfail FTSE Shariah37.6% |
| BUOU.SI Frasers Logistics & Commercial Trust | NON_COMPLIANT | 0.22% | AAOIFI76.1% Usmani37.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.0% MSCI Islamic M-Seriesfail FTSE Shariah36.0% |
| BIRET.BO Brookfield India Real Estate Trust | NON_COMPLIANT | 0.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| REI-UN.TO RioCan Real Estate Investment Trust | NON_COMPLIANT | 0.21% | AAOIFI119.2% Usmani48.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.2% MSCI Islamic M-Seriesfail FTSE Shariah48.2% |
| 3249.T Industrial & Infrastructure Fund Investment Corp | NON_COMPLIANT | 0.21% | AAOIFI86.2% Usmani52.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.0% MSCI Islamic M-Seriesfail FTSE Shariah52.0% |
| OBEROIRLTY.NS Oberoi Realty Ltd | COMPLIANT | 0.21% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| WIHL.ST Wihlborgs Fastigheter AB | NON_COMPLIANT | 0.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Mitsui Fudosan Logistics Park Inc | UNSCREENED | 0.21% | no in-house ratios for this holding |
| COL.MC Colonial SFL Socimi SA | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Makkah Construction & Development Co | UNSCREENED | 0.20% | no in-house ratios for this holding |
| AT1.DE Aroundtown SA | NON_COMPLIANT | 0.20% | AAOIFI779.6% Usmani45.7% Dow Jones Islamic— S&P Shariah— MSCI Islamic45.0% MSCI Islamic M-Series— FTSE Shariah45.0% |
| SRE.L Sirius Real Estate Ltd | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VKE.JO Vukile Property Fund Ltd | NON_COMPLIANT | 0.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Umm Al Qura for Development & Construction Co | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Sekisui House Reit Inc | UNSCREENED | 0.19% | no in-house ratios for this holding |
| GRT-UN.TO Granite Real Estate Investment Trust | NON_COMPLIANT | 0.19% | AAOIFI61.3% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.0% MSCI Islamic M-Seriesfail FTSE Shariah34.0% |
| Mabanee Co KPSC | UNSCREENED | 0.19% | no in-house ratios for this holding |
| PNDX-B.ST Pandox AB | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Mitsui Fudosan Accommodations Fund Inc | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Talaat Moustafa Group | UNSCREENED | 0.18% | no in-house ratios for this holding |
| IWG.L International Workplace Group PLC | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CATE.ST Catena AB | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HMN.SI CapitaLand Ascott Trust | NON_COMPLIANT | 0.18% | AAOIFI102.8% Usmani40.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.2% MSCI Islamic M-Seriesfail FTSE Shariah38.2% |
| RGN.AX Region RE Ltd | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GPE.L Great Portland Estates PLC | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3279.T Activia Properties Inc | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FFB.JO Fortress Real Estate Investments Ltd | NON_COMPLIANT | 0.18% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CAR-UN.TO Canadian Apartment Properties REIT | NON_COMPLIANT | 0.18% | AAOIFI119.5% Usmani39.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic39.6% MSCI Islamic M-Seriesfail FTSE Shariah39.6% |
| CHP-UN.TO Choice Properties Real Estate Investment Trust | NON_COMPLIANT | 0.17% | AAOIFI61.6% Usmani38.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.0% MSCI Islamic M-Seriesfail FTSE Shariah38.0% |
| NXST.BO Nexus Select Trust | COMPLIANT | 0.17% | AAOIFI24.9% Usmani30.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic30.1% MSCI Islamic M-Seriespass FTSE Shariah30.1% |
| SAFE.L Safestore Holdings PLC | NON_COMPLIANT | 0.17% | AAOIFI84.2% Usmani32.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.8% MSCI Islamic M-Seriesfail FTSE Shariah29.8% |
| LUMO.HE Lumo Kodit Oyj | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Charter Hall Long Wale REIT | UNSCREENED | 0.17% | no in-house ratios for this holding |
| GRI.L Grainger PLC | NON_COMPLIANT | 0.17% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0960.HK Longfor Group Holdings Ltd | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ALHE.TA Alony Hetz Properties & Investments Ltd | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IOI Properties Group Bhd | UNSCREENED | 0.16% | no in-house ratios for this holding |
| 8967.T Japan Logistics Fund Inc | NON_COMPLIANT | 0.16% | AAOIFI47.3% Usmani44.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic44.2% MSCI Islamic M-Seriesfail FTSE Shariah44.2% |
| FCR-UN.TO First Capital Real Estate Investment Trust | NON_COMPLIANT | 0.16% | AAOIFI83.2% Usmani43.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic43.2% MSCI Islamic M-Seriesfail FTSE Shariah43.2% |
| HomeCo Daily Needs REIT | UNSCREENED | 0.16% | no in-house ratios for this holding |
| BWP.AX BWP Property Group Ltd | COMPLIANT | 0.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MONT.BR Montea NV | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3466.T LaSalle Logiport REIT | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0101.HK Hang Lung Properties Ltd | NON_COMPLIANT | 0.16% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Ruentex Development Co Ltd | UNSCREENED | 0.15% | no in-house ratios for this holding |
| WALL-B.ST Wallenstam AB | NON_COMPLIANT | 0.15% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Ayala Land Inc | UNSCREENED | 0.15% | no in-house ratios for this holding |
| FABG.ST Fabege AB | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VGP.BR VGP NV | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HYP.JO Hyprop Investments Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SRU-UN.TO SmartCentres Real Estate Investment Trust | NON_COMPLIANT | 0.14% | AAOIFI111.7% Usmani42.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic42.9% MSCI Islamic M-Seriesfail FTSE Shariah42.9% |
| RES.JO Resilient REIT Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0010.HK Hang Lung Group Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Amot Investments Ltd | UNSCREENED | 0.14% | no in-house ratios for this holding |
| 6098.HK Country Garden Services Holdings Co Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Daiwa Office Investment Corp | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Daiwa Securities Living Investments Corp | UNSCREENED | 0.14% | no in-house ratios for this holding |
| SUPR.L Supermarket Income Reit PLC | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0683.HK Kerry Properties Ltd | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| C2PU.SI Parkway Life Real Estate Investment Trust | NON_COMPLIANT | 0.14% | AAOIFI32.8% Usmani33.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.4% MSCI Islamic M-Seriesfail FTSE Shariah33.4% |
| Reit 1 Ltd | UNSCREENED | 0.14% | no in-house ratios for this holding |
| CQR.AX Charter Hall Retail REIT | NON_COMPLIANT | 0.14% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ECMPA.AS Eurocommercial Properties NV | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0014.HK Hysan Development Co Ltd | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| DIR-UN.TO Dream Industrial Real Estate Investment Trust | NON_COMPLIANT | 0.13% | AAOIFI80.3% Usmani37.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.1% MSCI Islamic M-Seriesfail FTSE Shariah37.1% |
| LLC.AX Lendlease Corp Ltd | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| HUFV-A.ST Hufvudstaden AB | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Barwa Real Estate Co | UNSCREENED | 0.13% | no in-house ratios for this holding |
| 3282.T Comforia Residential REIT Inc | NON_COMPLIANT | 0.13% | AAOIFI79.7% Usmani52.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.8% MSCI Islamic M-Seriesfail FTSE Shariah52.8% |
| ALTRA.ST Altra Fastigheter AB | NON_COMPLIANT | 0.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Mitsui Fudosan Retail Fund Investment Corp | UNSCREENED | 0.13% | no in-house ratios for this holding |
| 3292.T AEON REIT Investment Corp | NON_COMPLIANT | 0.12% | AAOIFI77.3% Usmani41.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic41.8% MSCI Islamic M-Seriesfail FTSE Shariah41.8% |
| MERY.PA Mercialys SA | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Sime Darby Property Bhd | UNSCREENED | 0.12% | no in-house ratios for this holding |
| ISN.SW Intershop Holding AG | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Mori Hills REIT Investment Corp | UNSCREENED | 0.12% | no in-house ratios for this holding |
| CIBUS.ST Cibus Real Estate AB publ | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Ingenia Communities Group | UNSCREENED | 0.12% | no in-house ratios for this holding |
| XIOR.BR Xior Student Housing NV | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CARM.PA Carmila SA | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Goodman New Zealand Ltd & Goodman Property Services NZ Ltd | UNSCREENED | 0.12% | no in-house ratios for this holding |
| MINDSPACE.BO Mindspace Business Parks REIT | NON_COMPLIANT | 0.12% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| C&D International Investment Group Ltd | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Mori Trust Reit Inc | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Hulic Reit Inc | UNSCREENED | 0.11% | no in-house ratios for this holding |
| Cencosud Shopping SA | UNSCREENED | 0.11% | no in-house ratios for this holding |
| NTT UD REIT Investment Corp | UNSCREENED | 0.11% | no in-house ratios for this holding |
| 0017.HK New World Development Co Ltd | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3481.T Mitsubishi Estate Logistics REIT Investment Corp | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JYEU.SI Lendlease Global Commercial REIT | NON_COMPLIANT | 0.11% | AAOIFI89.1% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.4% MSCI Islamic M-Seriesfail FTSE Shariah38.4% |
| KRT.BO Knowledge Realty Trust | COMPLIANT | 0.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| YH Dimri Construction & Development Ltd | UNSCREENED | 0.11% | no in-house ratios for this holding |
| WPR.AX Waypoint REIT Ltd | NON_COMPLIANT | 0.11% | AAOIFI56.7% Usmani32.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic32.4% MSCI Islamic M-Series— FTSE Shariah32.4% |
| 9A4U.SI ESR-LOGOS REIT | NON_COMPLIANT | 0.11% | AAOIFI155.1% Usmani58.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic47.9% MSCI Islamic M-Seriesfail FTSE Shariah47.9% |
| BRIGADE.BO Brigade Enterprises Ltd | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| TEHOL.IS Tera Yatirim Teknoloji Holding AS | COMPLIANT | 0.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CIP.AX Centuria Industrial REIT | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BEI-UN.TO Boardwalk Real Estate Investment Trust | NON_COMPLIANT | 0.10% | AAOIFI102.7% Usmani41.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic40.5% MSCI Islamic M-Seriesfail FTSE Shariah40.5% |
| IGB Real Estate Investment Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Sunway Real Estate Investment Trust | UNSCREENED | 0.10% | no in-house ratios for this holding |
| Katitas Co Ltd | UNSCREENED | 0.10% | no in-house ratios for this holding |
| CAI.VI CA Immobilien Anlagen AG | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 8850.T Starts Corp Inc | NON_COMPLIANT | 0.10% | AAOIFI30.2% Usmani19.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic19.2% MSCI Islamic M-Seriesfail FTSE Shariah19.2% |
| PEKGY.IS Peker Gayrimenkul Yatirim Ortakligi AS | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WHA Corp PCL | UNSCREENED | 0.10% | no in-house ratios for this holding |
| 8987.T Japan Excellent Inc | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DWNI.DE Deutsche Wohnen SE | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Tokyu REIT Inc | UNSCREENED | 0.10% | no in-house ratios for this holding |
| HR-UN.TO H&R Real Estate Investment Trust | NON_COMPLIANT | 0.10% | AAOIFI128.5% Usmani38.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.4% MSCI Islamic M-Seriesfail FTSE Shariah38.4% |
| Kuwait Real Estate Co KSC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Airport City Ltd | UNSCREENED | 0.09% | no in-house ratios for this holding |
| RET.BR Retail Estates NV | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 4321.SR Arabian Centres Co | NON_COMPLIANT | 0.09% | AAOIFI256.1% Usmani61.2% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic53.6% MSCI Islamic M-Seriesfail FTSE Shariah53.6% |
| 3296.T NIPPON REIT Investment Corp | NON_COMPLIANT | 0.09% | AAOIFI89.8% Usmani48.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic48.4% MSCI Islamic M-Seriesfail FTSE Shariah48.4% |
| Target Healthcare REIT PLC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| PMZ-UN.TO Primaris Real Estate Investment Trust | NON_COMPLIANT | 0.09% | AAOIFI76.3% Usmani41.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic41.4% MSCI Islamic M-Seriesfail FTSE Shariah41.4% |
| ANANTRAJ.NS Anant Raj Ltd | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Fortune Real Estate Investment Trust | UNSCREENED | 0.09% | no in-house ratios for this holding |
| EQU.JO Equites Property Fund Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3498.T Kasumigaseki Capital Co Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 0817.HK China Jinmao Holdings Group Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 8848.T Leopalace21 Corp | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Centuria Capital Group | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Commercial Real Estate Co KSC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Capitaland India Trust | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 8966.T Heiwa Real Estate REIT Inc | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHUR.BR Shurgard Self Storage Ltd | NON_COMPLIANT | 0.09% | AAOIFI74.2% Usmani25.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic23.4% MSCI Islamic M-Seriesfail FTSE Shariah23.4% |
| ARF.AX Arena REIT No 1 | NON_COMPLIANT | 0.09% | AAOIFI41.3% Usmani23.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic23.5% MSCI Islamic M-Seriespass FTSE Shariah23.5% |
| NP3.ST NP3 Fastigheter AB | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3900.HK Greentown China Holdings Ltd | NON_COMPLIANT | 0.09% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Star Asia Investment Corp | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 3287.T Hoshino Resorts REIT Inc | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Axis Real Estate Investment Trust | UNSCREENED | 0.08% | no in-house ratios for this holding |
| CPN Retail Growth Leasehold REIT | UNSCREENED | 0.08% | no in-house ratios for this holding |
| Centurion Accommodation Reit | UNSCREENED | 0.08% | no in-house ratios for this holding |
| Fukuoka REIT Corp | UNSCREENED | 0.08% | no in-house ratios for this holding |
| AREIT Inc | UNSCREENED | 0.08% | no in-house ratios for this holding |
| ISCN.TA Israel Canada T.R Ltd | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Huaku Development Co Ltd | UNSCREENED | 0.08% | no in-house ratios for this holding |
| WHA.AS Wereldhave NV | NON_COMPLIANT | 0.08% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
The published standards disagree about this fund by 15 points of portfolio weight — 18.3% of it passes FTSE Shariah, 3.3% 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 4.0% ratios fail on 77.1% 20.0% not rated under AAOIFI
ratios pass on 17.1% ratios fail on 59.6% 24.3% not rated under Usmani
ratios pass on 3.6% ratios fail on 71.1% 26.3% not rated under Dow Jones Islamic
ratios pass on 3.3% ratios fail on 71.3% 26.3% not rated under S&P Shariah
ratios pass on 18.2% ratios fail on 58.4% 24.5% not rated under MSCI Islamic
ratios pass on 3.3% ratios fail on 71.3% 26.3% not rated under MSCI Islamic M-Series
ratios pass on 18.3% ratios fail on 58.2% 24.5% not rated under FTSE Shariah
399 of 741 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, 127 (28% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| GMG.AX Goodman Group | 4.02% |
| 8802.T Mitsubishi Estate Co Ltd | 2.79% |
| 8801.T Mitsui Fudosan Co Ltd | 2.54% |
| 0016.HK Sun Hung Kai Properties Ltd | 2.28% |
| 8830.T Sumitomo Realty & Development Co Ltd | 1.98% |
| VNA.DE Vonovia SE | 1.94% |
| EMAAR.AE Emaar Properties PJSC | 1.74% |
| 1925.T Daiwa House Industry Co Ltd | 1.68% |
| SGRO.L Segro PLC | 1.67% |
| URW.PA Unibail-Rodamco-Westfield | 1.40% |
Methodology breakdown computing — it will appear here on its own.
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Structure5 of 5 timeframes bullish · 100.0% aligned
VWAPPrice holding above VWAP ($42.57)
VolumeRelative volume 4.6× the 20-day average
Momentum10-day rate of change +1.3%
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND (VNQI) 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.
Market & analysts
Momentum (10d)
+1.3%
rate of change
SMC grade
D · 43
100.0% aligned
D · 43
SMC grade — 100.0% timeframe alignment
+1.3%
Rate of change (10d)
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for VNQI — 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
Support & Resistance
S3
42.31
S2
42.39
S1
42.55
PIVOT
42.63
R1
42.79
R2
42.87
R3
43.03
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
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.
7-day expected range
41.97
–
44.23
±2.61% from 43.10, made 2026-09-26 · resolves 2026-10-03
STRONG SELL
from 19 indicators
61.9% of our last
5789 forecasts — across every
instrument we forecast, not just this one — landed inside their
stated range, and
49.9% called the direction correctly.
Technical Summary
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.
SELL
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesSELL
5 buy · 0 neutral · 7 sell
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 49.00 | NEUTRAL |
| Stochastic %K (14) | 84.89 | SELL |
| CCI (20) | 88.82 | NEUTRAL |
| Williams %R (14) | -15.11 | SELL |
| MACD (12,26,9) | 0.18 | BUY |
| ROC (10) | 1.33 | BUY |
| Momentum (10) | 0.56 | BUY |
| EMA (10) | 42.48 | BUY |
| SMA (10) | 42.37 | BUY |
| EMA (20) | 42.58 | BUY |
| SMA (20) | 42.28 | BUY |
| EMA (30) | 42.85 | SELL |
| SMA (30) | 42.68 | BUY |
| EMA (50) | 43.39 | SELL |
| SMA (50) | 43.66 | SELL |
| EMA (100) | 44.25 | SELL |
| SMA (100) | 44.51 | SELL |
| EMA (200) | 45.19 | SELL |
| SMA (200) | 45.86 | SELL |
About VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND
The fund employs an indexing investment approach designed to track the performance of the index, a float-adjusted, market-capitalization-weighted index that measures the equity market performance of international real estate stocks in both developed and emerging markets. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs) and certain real estate management and development companies (REMDs).
Background via Yahoo Finance — informational, not part of the verdict.
Grade verdict
Weak — low conviction, small size or skip
SMC — Top Down
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 | BULLISH | 44 |
| ⏰ 4H | BULLISH | 37 |
| 🕐 1H | BULLISH | 98 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 234 |
Momentum & Volume
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.
+1.3%
Rate of change (10d)
4.6×
Volume vs its 20-day average
-0.33
MACD (no fresh cross)
$42.68
Volume POC (today)
$42.66 – $42.73
Value area
Peer Movement
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.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
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.
What does unrated weight mean?
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.
Does the issuer's board make it compliant?
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.
How often is this re-screened?
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.
Compare with
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.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
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 2026-10-20 · Asset managers net 901377 (-14458)
AI Summary
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.