Verdicts genuinely change. Free email alert the moment WDAF'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.
WisdomTree Asia Defense Fund ETF · WisdomTree Trust
62 holdings · as of 2026-06-30 (3.7 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 55.40% of portfolio weight is in non-compliant holdings, over the 5% threshold.
62 holdings, 42 matched (89% of weight). Portfolio as of 2026-06-30, filed 2026-08-31. Source: SEC Form N-PORT.
2.38% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (42 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.
33.3% compliant 0.0% questionable 55.4% non-compliant 11.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| HAL.NS HINDUSTAN AERONAUTICS LTD | NON_COMPLIANT | 8.00% | AAOIFI0.0% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| BEL.NS BHARAT ELECTRONICS LTD | NON_COMPLIANT | 7.82% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 047810.KS KOREA AEROSPACE INDUSTRIES LTD | NON_COMPLIANT | 7.69% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 012450.KS HANWHA AEROSPACE CO LTD | NON_COMPLIANT | 7.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 079550.KS LIG DEFENSE & AEROSPACE CO LTD | NON_COMPLIANT | 7.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 064350.KS HYUNDAI ROTEM COMPANY | COMPLIANT | 6.84% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 7013.T IHI CORP | COMPLIANT | 4.57% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7012.T KAWASAKI HEAVY INDUSTRIES LTD | COMPLIANT | 4.22% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 7011.T MITSUBISHI HEAVY INDUSTRIES LTD | COMPLIANT | 4.17% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| S63.SI SINGAPORE TECHNOLOGIES ENGINEERING LTD | NON_COMPLIANT | 3.95% | AAOIFI14.7% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.1% MSCI Islamic M-Seriesfail FTSE Shariah30.1% |
| HANWHA SYSTEMS CO LTD | UNSCREENED | 3.66% | no in-house ratios for this holding |
| 329180.KS HD HYUNDAI HEAVY INDUSTRIES CO LTD | NON_COMPLIANT | 3.64% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 042660.KS HANWHA OCEAN CO LTD | NON_COMPLIANT | 2.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MAZDOCK.NS MAZAGON DOCK SHIPBUILDERS LTD | NON_COMPLIANT | 1.83% | AAOIFI0.4% Usmani1.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.6% MSCI Islamic M-Seriesfail FTSE Shariah1.6% |
| BHARATFORG.NS BHARAT FORGE LTD | COMPLIANT | 1.75% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CDA.AX CODAN LTD | COMPLIANT | 1.59% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SOLARINDS.NS SOLAR INDUSTRIES INDIA LTD | COMPLIANT | 1.52% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DRO.AX DRONESHIELD LTD | COMPLIANT | 1.51% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| ELECTRO OPTIC SYSTEMS HOLDING LTD | UNSCREENED | 1.44% | no in-house ratios for this holding |
| COCHINSHIP.NS COCHIN SHIPYARD LTD | COMPLIANT | 1.28% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BDL.NS BHARAT DYNAMICS LTD | NON_COMPLIANT | 1.26% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DATAPATTNS.NS DATA PATTERNS (INDIA) LTD | COMPLIANT | 1.11% | AAOIFI0.0% Usmani0.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.3% MSCI Islamic M-Seriespass FTSE Shariah0.3% |
| ASB.AX AUSTAL LTD | NON_COMPLIANT | 1.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| VENTIA SERVICES GROUP LTD | UNSCREENED | 1.01% | no in-house ratios for this holding |
| AEROSPACE INDUSTRIAL DEVELOPMENT CORP | UNSCREENED | 0.95% | no in-house ratios for this holding |
| QPS HOLDINGS INC | UNSCREENED | 0.85% | no in-house ratios for this holding |
| WOORI TECHNOLOGY INC | UNSCREENED | 0.83% | no in-house ratios for this holding |
| GRSE.NS GARDEN REACH SHIPBUILDERS & ENGINEERS LTD | COMPLIANT | 0.78% | AAOIFI0.1% Usmani0.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.4% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| ASTRAMICRO.NS ASTRA MICROWAVE PRODUCTS LTD | COMPLIANT | 0.75% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| ZENTEC.BO ZEN TECHNOLOGIES LTD | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| APOLLO.NS APOLLO MICRO SYSTEMS LTD | NON_COMPLIANT | 0.60% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PTCIL.BO PTC INDUSTRIES LTD | COMPLIANT | 0.58% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 6946.T NIPPON AVIONICS CO LTD | COMPLIANT | 0.54% | AAOIFI12.5% Usmani29.1% Dow Jones Islamicfail S&P Shariahpass MSCI Islamic29.1% MSCI Islamic M-Seriesfail FTSE Shariah29.1% |
| VITZROCELL CO LTD | UNSCREENED | 0.48% | no in-house ratios for this holding |
| CSBC CORP TAIWAN | UNSCREENED | 0.46% | no in-house ratios for this holding |
| 186A.T ASTROSCALE HOLDINGS INC | NON_COMPLIANT | 0.45% | AAOIFI6.4% Usmani42.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic32.9% MSCI Islamic M-Seriesfail FTSE Shariah32.9% |
| BEML.NS BEML LTD | COMPLIANT | 0.44% | AAOIFI1.8% Usmani4.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.4% MSCI Islamic M-Seriespass FTSE Shariah4.4% |
| 103140.KS POONGSAN CORP | NON_COMPLIANT | 0.42% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| PARAS.BO PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | NON_COMPLIANT | 0.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AVANTEL.NS AVANTEL LTD | COMPLIANT | 0.32% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HBLENGINE.BO HBL ENGINEERING LTD | COMPLIANT | 0.31% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| STX ENGINE COMPANY LTD | UNSCREENED | 0.28% | no in-house ratios for this holding |
| SATREC INITIATIVE CO LTD | UNSCREENED | 0.25% | no in-house ratios for this holding |
| 7721.T TOKYO KEIKI INC | COMPLIANT | 0.23% | AAOIFI19.6% Usmani25.7% Dow Jones Islamicpass S&P Shariahfail MSCI Islamic25.7% MSCI Islamic M-Seriesfail FTSE Shariah25.7% |
| PREMEXPLN.BO PREMIER EXPLOSIVES LTD | COMPLIANT | 0.21% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MIDHANI.NS MISHRA DHATU NIGAM LTD | COMPLIANT | 0.19% | AAOIFI5.2% Usmani16.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic12.6% MSCI Islamic M-Seriespass FTSE Shariah12.6% |
| SK OCEANPLANT CO LTD | UNSCREENED | 0.17% | no in-house ratios for this holding |
| IDEAFORGE.NS IDEAFORGE TECHNOLOGY LTD | COMPLIANT | 0.16% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| LUNGTEH SHIPBUILDING CO LTD | UNSCREENED | 0.16% | no in-house ratios for this holding |
| HJ SHIPBUILDING & CONSTRUCT CO LTD | UNSCREENED | 0.13% | no in-house ratios for this holding |
| AIR ASIA CO LTD | UNSCREENED | 0.13% | no in-house ratios for this holding |
| FIRSTEC COMPANY LTD | UNSCREENED | 0.12% | no in-house ratios for this holding |
| DYNAMATECH.BO DYNAMATIC TECHNOLOGIES LTD | COMPLIANT | 0.11% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| DCXINDIA.NS DCX SYSTEMS LTD | NON_COMPLIANT | 0.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3213.TWO MILDEF CRETE INC | NON_COMPLIANT | 0.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MNC SOLUTION CO LTD | UNSCREENED | 0.10% | no in-house ratios for this holding |
| SNT DYNAMICS CO LTD | UNSCREENED | 0.09% | no in-house ratios for this holding |
| AXELSPACE HOLDINGS CORP | UNSCREENED | 0.08% | no in-house ratios for this holding |
| DREYFUS TRSY OBLIG CASH M | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CENTUM.BO CENTUM ELECTRONICS LTD | COMPLIANT | 0.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 064960.KS SNT MOTIV CO LTD | NON_COMPLIANT | 0.07% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SAMYANG COMTECH CO LTD | UNSCREENED | 0.07% | no in-house ratios for this holding |
The published standards disagree about this fund by 12 points of portfolio weight — 33.3% of it passes AAOIFI, 21.7% 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 33.3% ratios fail on 55.4% 11.3% not rated under AAOIFI
ratios pass on 29.5% ratios fail on 59.1% 11.3% not rated under Usmani
ratios pass on 28.5% ratios fail on 60.2% 11.3% not rated under Dow Jones Islamic
ratios pass on 24.3% ratios fail on 64.3% 11.3% not rated under S&P Shariah
ratios pass on 21.7% ratios fail on 66.9% 11.3% not rated under MSCI Islamic
ratios pass on 23.7% ratios fail on 65.0% 11.3% not rated under MSCI Islamic M-Series
ratios pass on 23.6% ratios fail on 65.1% 11.3% not rated under FTSE Shariah
42 of 62 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 10 (18% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| HAL.NS HINDUSTAN AERONAUTICS LTD | 8.00% |
| BEL.NS BHARAT ELECTRONICS LTD | 7.82% |
| 047810.KS KOREA AEROSPACE INDUSTRIES LTD | 7.69% |
| 012450.KS HANWHA AEROSPACE CO LTD | 7.31% |
| 079550.KS LIG DEFENSE & AEROSPACE CO LTD | 7.00% |
| S63.SI SINGAPORE TECHNOLOGIES ENGINEERING LTD | 3.95% |
| 329180.KS HD HYUNDAI HEAVY INDUSTRIES CO LTD | 3.64% |
| 042660.KS HANWHA OCEAN CO LTD | 2.97% |
| MAZDOCK.NS MAZAGON DOCK SHIPBUILDERS LTD | 1.83% |
| BDL.NS BHARAT DYNAMICS LTD | 1.26% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
WisdomTree Asia Defense Fund (WDAF) 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.
Computing the full ratio and business-activity breakdown for WDAF — 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
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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) | 35.10 | NEUTRAL |
| Stochastic %K (14) | 6.35 | BUY |
| CCI (20) | -111.47 | BUY |
| Williams %R (14) | -93.65 | BUY |
| MACD (12,26,9) | -0.16 | SELL |
| ROC (10) | -9.47 | SELL |
| Momentum (10) | -2.89 | SELL |
| EMA (10) | 28.45 | SELL |
| SMA (10) | 28.31 | SELL |
| EMA (20) | 29.08 | SELL |
| SMA (20) | 29.33 | SELL |
| EMA (30) | 29.48 | SELL |
| SMA (30) | 29.78 | SELL |
| EMA (50) | 29.97 | SELL |
| SMA (50) | 30.44 | SELL |
| EMA (100) | 30.73 | SELL |
| SMA (100) | 30.65 | SELL |
| EMA (200) | 31.41 | SELL |
| SMA (200) | 32.52 | SELL |
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index has between 20 and 100 constituents with a maximum weight of 7.5% for “Exposure Score 3” constituents and 4% for “Exposure Score 2” and “Exposure Score 1” constituents. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | BEARISH | 42 |
| ⏱ 15-Min | BEARISH | 36 |
| ⏲ 5-Min | BULLISH | 109 |
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.
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.
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.
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
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 2026-10-13 · Asset managers net 915835 (+9220)
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.