WOODETF / FundiShares Global Timber & Forestry ETF
Verdicts genuinely change. Free email alert the moment WOOD'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.
iShares Global Timber & Forestry ETF · iShares Trust
40 holdings
NON-COMPLIANT 69.12% of portfolio weight is in non-compliant holdings, over the 5% threshold.
40 holdings, 21 matched (90% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
0.80% of this portfolio’s income is non-permissible — weighted across holdings, computed over 78% of portfolio weight (18 of 40 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.
20.7% compliant 0.0% questionable 69.1% non-compliant 10.0% unscreened
All holdings (40)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| WY WEYERHAEUSER COMPANY | NON_COMPLIANT | 8.56% | AAOIFI31.3% Usmani32.1% Dow Jones Islamic28.8% S&P Shariah27.4% MSCI Islamic32.1% MSCI Islamic M-Series27.4% FTSE Shariah32.1% |
| SW SMURFIT WESTROCK PUBLIC LIMITED COMPANY | NON_COMPLIANT | 7.70% | AAOIFI61.2% Usmani31.3% Dow Jones Islamic62.7% S&P Shariah90.7% MSCI Islamic31.3% MSCI Islamic M-Series90.7% FTSE Shariah31.3% |
| WFG West Fraser Timber Co. Ltd. | COMPLIANT | 6.97% | AAOIFI5.3% Usmani4.9% Dow Jones Islamic6.5% S&P Shariah6.4% MSCI Islamic4.9% MSCI Islamic M-Series6.4% FTSE Shariah4.9% |
| IP INTERNATIONAL PAPER COMPANY | NON_COMPLIANT | 6.81% | AAOIFI50.2% Usmani27.3% Dow Jones Islamic47.6% S&P Shariah55.5% MSCI Islamic27.1% MSCI Islamic M-Series55.5% FTSE Shariah25.2% |
| SUZB3.SA SUZANO S.A. | NON_COMPLIANT | 6.51% | AAOIFI167.1% Usmani64.7% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic60.6% MSCI Islamic M-Seriesfail FTSE Shariah60.6% |
| KLBN11.SA KLABIN S.A. | COMPLIANT | 5.59% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SLVM SYLVAMO CORPORATION | NON_COMPLIANT | 4.62% | AAOIFI66.4% Usmani33.5% Dow Jones Islamic44.2% S&P Shariah44.0% MSCI Islamic33.0% MSCI Islamic M-Series44.0% FTSE Shariah30.7% |
| RYN RAYONIER INC. | NON_COMPLIANT | 4.40% | AAOIFI34.1% Usmani27.1% Dow Jones Islamic48.4% S&P Shariah51.1% MSCI Islamic26.9% MSCI Islamic M-Series51.1% FTSE Shariah26.6% |
| STERV.HE Stora Enso Oyj | NON_COMPLIANT | 4.37% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 2689.HK Nine Dragons Paper (Holdings) Limited | NON_COMPLIANT | 4.26% | AAOIFI270.5% Usmani51.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic50.5% MSCI Islamic M-Series— FTSE Shariah50.5% |
| 5Y7A.F SCG PACKAGING PUBLIC COMPANY LIMITED | NON_COMPLIANT | 4.14% | AAOIFI50.1% Usmani37.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic35.6% MSCI Islamic M-Series— FTSE Shariah35.6% |
| UPM.HE UPM-Kymmene Oyj | COMPLIANT | 4.13% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 3861.T Oji Holdings Corporation | NON_COMPLIANT | 4.05% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SCA-B.ST Svenska Cellulosa Aktiebolaget SCA | COMPLIANT | 4.04% | AAOIFI17.3% Usmani9.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic9.2% MSCI Islamic M-Seriespass FTSE Shariah9.2% |
| MNDI.L MONDI PLC | NON_COMPLIANT | 3.85% | AAOIFI66.7% Usmani30.2% Dow Jones Islamic— S&P Shariah— MSCI Islamic28.4% MSCI Islamic M-Series— FTSE Shariah28.4% |
| 1911.T Sumitomo Forestry Co., Ltd. | NON_COMPLIANT | 3.69% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Holmen Aktiebolag | UNSCREENED | 3.47% | no in-house ratios for this holding |
| SHANDONG SUN PAPER CO., LTD. | UNSCREENED | 2.19% | no in-house ratios for this holding |
| Empresas CMPC S.A. | UNSCREENED | 2.11% | no in-house ratios for this holding |
| NVG.LS THE NAVIGATOR COMPANY, S.A. | NON_COMPLIANT | 1.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 3863.T Nippon Paper Industries Co., Ltd. | NON_COMPLIANT | 1.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Billerud Aktiebolag (publ) | UNSCREENED | 1.73% | no in-house ratios for this holding |
| SAP.JO SAPPI LIMITED | NON_COMPLIANT | 1.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DXCO3.SA DEXCO S.A. | NON_COMPLIANT | 0.75% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INKP.JK PT Indah Kiat Pulp & Paper Tbk | NON_COMPLIANT | 0.52% | AAOIFI160.2% Usmani38.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic38.2% MSCI Islamic M-Seriesfail FTSE Shariah38.2% |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.16% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | UNSCREENED | 0.14% | no in-house ratios for this holding |
| SWEDISH KRONE | UNSCREENED | 0.04% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.04% | no in-house ratios for this holding |
| JAPANESE YEN | UNSCREENED | 0.02% | no in-house ratios for this holding |
| HONG KONG DOLLAR | UNSCREENED | 0.02% | no in-house ratios for this holding |
| SOUTH AFRICAN RAND | UNSCREENED | 0.01% | no in-house ratios for this holding |
| CANADIAN DOLLAR | UNSCREENED | 0.01% | no in-house ratios for this holding |
| CHILEAN PESO | UNSCREENED | 0.01% | no in-house ratios for this holding |
| BRAZILIAN REAL | UNSCREENED | 0.00% | no in-house ratios for this holding |
| E MINI RUSS 1000 VSEP26 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| CHINESE RENMINBI | UNSCREENED | 0.00% | no in-house ratios for this holding |
| GREAT BRITISH POUND | UNSCREENED | 0.00% | no in-house ratios for this holding |
| NEW TAIWAN DOLLAR | UNSCREENED | 0.00% | no in-house ratios for this holding |
| INDONESIAN RUPIAH | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 32 points of portfolio weight — 52.9% of it passes MSCI Islamic, 20.7% passes AAOIFI. 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 20.7% ratios fail on 69.1% 10.0% not rated under AAOIFI
ratios pass on 46.3% ratios fail on 39.7% 13.8% not rated under Usmani
ratios pass on 25.2% ratios fail on 52.4% 22.2% not rated under Dow Jones Islamic
ratios pass on 25.2% ratios fail on 52.4% 22.2% not rated under S&P Shariah
ratios pass on 52.9% ratios fail on 33.1% 13.8% not rated under MSCI Islamic
ratios pass on 25.2% ratios fail on 52.4% 22.2% not rated under MSCI Islamic M-Series
ratios pass on 52.9% ratios fail on 33.1% 13.8% not rated under FTSE Shariah
21 of 40 listed holdings carry our own per-methodology verdicts (90% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 12 (62% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| WY WEYERHAEUSER COMPANY | 8.56% |
| SW SMURFIT WESTROCK PUBLIC LIMITED COMPANY | 7.70% |
| IP INTERNATIONAL PAPER COMPANY | 6.81% |
| SUZB3.SA SUZANO S.A. | 6.51% |
| SLVM SYLVAMO CORPORATION | 4.62% |
| RYN RAYONIER INC. | 4.40% |
| STERV.HE Stora Enso Oyj | 4.37% |
| 2689.HK Nine Dragons Paper (Holdings) Limited | 4.26% |
| 5Y7A.F SCG PACKAGING PUBLIC COMPANY LIMITED | 4.14% |
| 3861.T Oji Holdings Corporation | 4.05% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
iShares Global Timber & Forestry ETF (WOOD) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for WOOD — 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.
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 34.00 | NEUTRAL |
| Stochastic %K (14) | 34.02 | NEUTRAL |
| CCI (20) | -133.87 | BUY |
| Williams %R (14) | -65.98 | NEUTRAL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | -2.15 | SELL |
| Momentum (10) | -1.43 | SELL |
| EMA (10) | 65.76 | SELL |
| SMA (10) | 65.85 | SELL |
| EMA (20) | 66.38 | SELL |
| SMA (20) | 66.13 | SELL |
| EMA (30) | 67.00 | SELL |
| SMA (30) | 67.00 | SELL |
| EMA (50) | 67.84 | SELL |
| SMA (50) | 68.78 | SELL |
| EMA (100) | 68.67 | SELL |
| SMA (100) | 69.00 | SELL |
| EMA (200) | 69.64 | SELL |
| SMA (200) | 70.22 | SELL |
About iShares Global Timber & Forestry ETF
The fund seeks to track the investment results of the S&P Global Timber & Forestry IndexTM (the “underlying index”), which measures the performance of companies engaged in the ownership, management or upstream supply chain of forests and timberlands from both developed and emerging markets. underlying index constituents are drawn from the S&P Global BMI. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | BEARISH | 44 |
| 🕐 1H | NEUTRAL | 41 |
| ⏱ 15-Min | RANGING | 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.
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 2026-10-27 · Asset managers net 923449 (+22072)
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.