Verdicts genuinely change. Free email alert the moment WAESX'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.
Wasatch Emerging Markets Select Fund · WASATCH FUNDS TRUST
38 holdings
NON-COMPLIANT At least 19.36% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 31% turns out to be. Matching more holdings can only raise this share, never lower it.
38 holdings, 28 matched (69% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
3.06% of this portfolio’s income is non-permissible — weighted across holdings, computed over 58% of portfolio weight (25 of 38 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BAJFINANCE.NS Bajaj Finance Ltd | NON_COMPLIANT | 5.81% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| WEGE3.SA WEG SA | COMPLIANT | 5.20% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| MELI MercadoLibre Inc | COMPLIANT | 4.96% | AAOIFI20.1% Usmani38.5% Dow Jones Islamic19.0% S&P Shariah20.6% MSCI Islamic38.3% MSCI Islamic M-Series20.6% FTSE Shariah33.3% |
| Anji Microelectronics Technology Shanghai Co Ltd | UNSCREENED | 4.92% | no in-house ratios for this holding |
| Chroma ATE Inc | UNSCREENED | 4.76% | no in-house ratios for this holding |
| 5274.TWO ASPEED Technology Inc | COMPLIANT | 4.60% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| DIVISLAB.NS Divi's Laboratories Ltd | COMPLIANT | 4.44% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MAXHEALTH.BO Max Healthcare Institute Ltd | COMPLIANT | 4.38% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| Asia Vital Components Co Ltd | UNSCREENED | 4.31% | no in-house ratios for this holding |
| United Integrated Services Co Ltd | UNSCREENED | 4.10% | no in-house ratios for this holding |
| GAPB.MX Grupo Aeroportuario del Pacifico SAB de CV | COMPLIANT | 3.55% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| Hon Precision Inc | UNSCREENED | 3.27% | no in-house ratios for this holding |
| SE Sea Ltd | COMPLIANT | 3.26% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| NU Holdings Ltd/Cayman Islands | UNSCREENED | 2.93% | no in-house ratios for this holding |
| AUBANK.NS AU Small Finance Bank Ltd | NON_COMPLIANT | 2.92% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TBBB BBB Foods Inc | COMPLIANT | 2.78% | AAOIFI39.1% Usmani7.4% Dow Jones Islamic3.7% S&P Shariah3.9% MSCI Islamic7.4% MSCI Islamic M-Series3.9% FTSE Shariah7.4% |
| International Container Terminal Services Inc | UNSCREENED | 2.58% | no in-house ratios for this holding |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | NON_COMPLIANT | 2.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3661.TW Alchip Technologies Ltd | NON_COMPLIANT | 2.48% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 688188.SS Shanghai BOCHU Electronic Technology Corp Ltd | COMPLIANT | 2.32% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| KFINTECH.NS Kfin Technologies Ltd | COMPLIANT | 2.26% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 300750.SZ Contemporary Amperex Technology Co Ltd | COMPLIANT | 2.18% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MMYT MakeMyTrip Ltd | NON_COMPLIANT | 2.16% | AAOIFI4.7% Usmani12.9% Dow Jones Islamic3.0% S&P Shariah3.3% MSCI Islamic12.9% MSCI Islamic M-Series3.3% FTSE Shariah12.9% |
| POLYCAB.NS Polycab India Ltd | COMPLIANT | 2.15% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| Rasan Information Technology Co | UNSCREENED | 2.06% | no in-house ratios for this holding |
| LENSKART.NS Lenskart Solutions Ltd | COMPLIANT | 1.70% | AAOIFI2.8% Usmani41.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic21.5% MSCI Islamic M-Seriespass FTSE Shariah21.5% |
| OMAB.MX Grupo Aeroportuario del Centro Norte SAB de CV | COMPLIANT | 1.58% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ELGIEQUIP.NS Elgi Equipments Ltd | COMPLIANT | 1.50% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0700.HK Tencent Holdings Ltd | COMPLIANT | 1.35% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ETERNAL.NS Eternal Ltd | COMPLIANT | 1.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| NUVAMA.NS Nuvama Wealth Management Ltd | NON_COMPLIANT | 1.09% | AAOIFI36.3% Usmani33.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic33.5% MSCI Islamic M-Seriesfail FTSE Shariah33.5% |
| 079550.KS LIG Defense&Aerospace Co Ltd | NON_COMPLIANT | 1.02% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Qualitas Controladora SAB de CV | UNSCREENED | 0.98% | no in-house ratios for this holding |
| 9961.HK Trip.com Group Ltd | NON_COMPLIANT | 0.88% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LEENO Industrial Inc | UNSCREENED | 0.66% | no in-house ratios for this holding |
| 062040.KS Sanil Electric Co Ltd | COMPLIANT | 0.57% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| POLICYBZR.NS PB Fintech Ltd | NON_COMPLIANT | 0.52% | AAOIFI0.4% Usmani8.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.1% MSCI Islamic M-Seriesfail FTSE Shariah4.1% |
| AETHER.NS Aether Industries Ltd | COMPLIANT | 0.29% | AAOIFI2.1% Usmani14.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic14.3% MSCI Islamic M-Seriespass FTSE Shariah14.3% |
The published standards disagree about this fund by 35 points of portfolio weight — 49.5% of it passes AAOIFI, 15.0% 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 49.5% ratios fail on 20.0% 30.6% not rated under AAOIFI
ratios pass on 22.7% ratios fail on 37.7% 39.6% not rated under Usmani
ratios pass on 49.1% ratios fail on 16.3% 34.7% not rated under Dow Jones Islamic
ratios pass on 49.1% ratios fail on 16.3% 34.7% not rated under S&P Shariah
ratios pass on 15.0% ratios fail on 45.4% 39.6% not rated under MSCI Islamic
ratios pass on 49.1% ratios fail on 16.3% 34.7% not rated under MSCI Islamic M-Series
ratios pass on 24.4% ratios fail on 36.0% 39.6% not rated under FTSE Shariah
28 of 38 listed holdings carry our own per-methodology verdicts (70% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 8 (17% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BAJFINANCE.NS Bajaj Finance Ltd | 5.81% |
| AUBANK.NS AU Small Finance Bank Ltd | 2.92% |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | 2.49% |
| 3661.TW Alchip Technologies Ltd | 2.48% |
| MMYT MakeMyTrip Ltd | 2.16% |
| NUVAMA.NS Nuvama Wealth Management Ltd | 1.09% |
| 079550.KS LIG Defense&Aerospace Co Ltd | 1.02% |
| 9961.HK Trip.com Group Ltd | 0.88% |
| POLICYBZR.NS PB Fintech Ltd | 0.52% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Wasatch Emerging Markets Select Fund (WAESX) 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 |
|---|---|---|
| BAJFINANCE.NSBajaj Finance Ltd | 5.81% | Non-compliant |
| WEGE3.SAWEG SA | 5.20% | Compliant |
| MELIMercadoLibre Inc | 4.96% | Compliant |
| Anji Microelectronics Technology Shanghai Co Ltdnot matched to a ticker | 4.92% | Not screened |
| Chroma ATE Incnot matched to a ticker | 4.76% | Not screened |
| 5274.TWOASPEED Technology Inc | 4.60% | Compliant |
| DIVISLAB.NSDivi's Laboratories Ltd | 4.44% | Compliant |
| MAXHEALTH.BOMax Healthcare Institute Ltd | 4.38% | Compliant |
| Asia Vital Components Co Ltdnot matched to a ticker | 4.31% | Not screened |
| United Integrated Services Co Ltdnot matched to a ticker | 4.10% | Not screened |
Top 10 of 38 holdings, 47.5% 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 WAESX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
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) | 44.80 | NEUTRAL |
| Stochastic %K (14) | 27.06 | NEUTRAL |
| CCI (20) | -65.70 | NEUTRAL |
| Williams %R (14) | -72.94 | NEUTRAL |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | 0.05 | BUY |
| Momentum (10) | 0.01 | BUY |
| EMA (10) | 20.08 | SELL |
| SMA (10) | 20.04 | SELL |
| EMA (20) | 20.16 | SELL |
| SMA (20) | 20.18 | SELL |
| EMA (30) | 20.20 | SELL |
| SMA (30) | 20.30 | SELL |
| EMA (50) | 20.16 | SELL |
| SMA (50) | 20.37 | SELL |
| EMA (100) | 19.87 | BUY |
| SMA (100) | 19.91 | SELL |
| EMA (200) | 19.27 | BUY |
| SMA (200) | 19.15 | 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.