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Eid Mubarak
Taqabbalallahu minna wa minkum
With love & duas from The Saifi Family. May Allah accept our fasting, prayers, and every good deed. Below is our custom Sharia-compliant portfolio — built with the same macro intelligence, but every position screened for halal compliance.
Sharia-Compliant Investing — No Compromise on Performance
Every position in the CW Halal Portfolio is screened against Islamic finance guidelines. We exclude impermissible revenue sources and excessive debt, then build around the massive compliant opportunity set in energy, defense, infrastructure, and real assets. In a war-time economy, the best-performing sectors are naturally halal-compliant — oil, defense, agriculture, minerals, and infrastructure all pass Sharia screening.
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Excluded Industries
REMOVED FROM PORTFOLIO
Alcohol & tobacco, gambling & adult entertainment, conventional banking & insurance (interest-based / riba), pork-related products. No JPM, BRK.B, CME, or any interest-revenue companies.
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Included Sectors
HALAL COMPLIANT
Oil & gas, AI & technology, infrastructure, defense, healthcare, real assets & commodities, fertilizers & agriculture, Sharia-screened equities with <33% debt-to-assets.
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Debt Screen
MAX 33% DEBT-TO-ASSETS
All holdings must maintain total debt below 33% of total assets per AAOIFI standards. High-leverage companies automatically excluded regardless of sector.
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Revenue Screen
MAX 5% IMPERMISSIBLE REVENUE
Companies with more than 5% revenue from non-compliant activities are excluded. Purification calculation provided for borderline holdings.
CW HALAL MODEL PORTFOLIO · 25 POSITIONS · APRIL 2026
| # | Ticker | Company | Sector | Weight | YTD | Yield | Halal |
|---|
| ⛽ HALAL ENERGY — 28% Allocation |
| 1 | TPL | Texas Pacific Land | Oil Royalty | 5% | +86.8% | 0.55% | ✅ Halal |
| 2 | XOM | ExxonMobil | Integrated | 5% | +30.3% | 2.60% | ✅ Halal |
| 3 | CVX | Chevron | Integrated | 4% | +29.7% | 3.50% | ✅ Halal |
| 4 | COP | ConocoPhillips | E&P | 4% | +31.0% | 2.80% | ✅ Halal |
| 5 | OXY | Occidental Petroleum | E&P | 3% | +41.0% | 1.80% | ✅ Halal |
| 6 | LNG | Cheniere Energy | LNG Export | 4% | +12.8% | 0.85% | ✅ Halal |
| 7 | WMB | Williams Companies | Midstream | 3% | +22.2% | 2.60% | ✅ Halal |
| ✈ HALAL DEFENSE — 18% Allocation |
| 8 | LMT | Lockheed Martin | Defense Prime | 4% | +33.6% | 2.55% | ✅ Halal |
| 9 | RTX | RTX Corp (Raytheon) | Missiles | 3% | +12.5% | 2.05% | ✅ Halal |
| 10 | AVAV | AeroVironment | Drones/UAS | 3% | +60.0% | — | ✅ Halal |
| 11 | ESLT | Elbit Systems | Israeli Defense | 3% | +51.0% | 1.20% | ✅ Halal |
| 12 | NOC | Northrop Grumman | Stealth/Drone | 3% | +29.0% | 1.55% | ✅ Halal |
| 13 | GD | General Dynamics | Submarines | 2% | +2.5% | 2.05% | ✅ Halal |
| 🌾 HALAL AGRICULTURE & FERTILIZERS — 10% |
| 14 | NTR | Nutrien Ltd | Fertilizer | 4% | +8.5% | 4.20% | ✅ Halal |
| 15 | CF | CF Industries | Ammonia | 3% | +13.0% | 2.10% | ✅ Halal |
| 16 | DE | Deere & Company | Farm Equip | 3% | +23.8% | 1.35% | ✅ Halal |
| 🥇 HALAL MINERALS & GOLD — 14% |
| 17 | NEM | Newmont Corp | Gold Mining | 4% | +22.5% | 2.05% | ✅ Halal |
| 18 | MP | MP Materials | Rare Earth | 3% | +25.5% | — | ✅ Halal |
| 19 | FCX | Freeport-McMoRan | Copper/Gold | 3% | +5.2% | 1.55% | ✅ Halal |
| 20 | LEU | Centrus Energy | Uranium | 2% | +15.8% | — | ✅ Halal |
| 21 | NUE | Nucor Corp | Steel | 2% | +12.0% | 1.50% | ✅ Halal |
| 💻 HALAL TECH & INFRASTRUCTURE — 15% |
| 22 | GOOGL | Alphabet | Cloud/AI | 3% | -8.5% | 0.50% | ✅ Halal |
| 23 | GEV | GE Vernova | Power Gen | 4% | +24.6% | 0.25% | ✅ Halal |
| 24 | CAT | Caterpillar | Equipment | 4% | +22.4% | 1.55% | ✅ Halal |
| 25 | INTC | Intel Corp | Semiconductors | 4% | +5.0% | 1.30% | ✅ Halal |
| 💪 CASH RESERVE — 15% |
| — | CASH | Sukuk / Islamic Money Market | Cash | 15% | +1.1% | ~4.0% | ✅ Halal |
Why This Works: The CW Halal Portfolio removes JPM, BRK.B, CME (conventional finance — interest-based revenue), and all tobacco/alcohol positions. In their place we increased allocation to energy (+3%), defense (+6%), and minerals (+4%) — sectors that are both halal-compliant and the top performers in 2026. Cash is held in Sukuk (Islamic bonds) or Sharia-compliant money market funds yielding ~4%. The result: a portfolio that respects Islamic principles while capturing 95%+ of our model's alpha.
Screening methodology: AAOIFI Sharia Standards No. 21, Dow Jones Islamic Market Index methodology, MSCI Islamic Index criteria. Debt-to-assets <33%, impermissible revenue <5%, cash + receivables to total assets <33%. Purification amounts calculated quarterly. Consult your Sharia advisor for individual rulings.
