CAPITAL MARKETS - Dow Jones Islamic Markets Titans 100 down 8.04 per cent in May - DJIM Turkey down 13.66 %

www.cpifinancial.net - The Dow Jones Islamic Market Titans 100 Index finished May down 8.04 per cent, according to data compiled by Dow Jones Indexes. The index measures the performance of 100 of the world’s leading Shari’ah-compliant stocks.

 The Dow Jones Global Titans 50 Index, which measures the world’s 50 largest companies, posted a May loss of 7.76 per cent. Regionally, the Dow Jones Islamic Market Asia/Pacific Titans 25 Index, which measures the performance of 25 of the leading Shari’ah-compliant stocks in the Asia/Pacific region, decreased 10.92 per cent in May; the Dow Jones Asian Titans 50 Index dropped 10.95 per cent. (source)

CAPITAL MARKETS - Kuwait DJIM index one of top losing composites

arabtimesonline.com - The Dow Jones Islamic Market Turkey Index closed at 2,954.44, a performance loss of 2.84%, while the Dow Jones Turkey Total Stock Market Index closed at 1,068.38, a gain of 1.84%.  (source)

INDEXES - OPINION - Dow Jones Islamic Markets commentary: Lessons from the turmoil (DJIM Turkey)

INTERNATIONAL. It is of no surprise that the Dow Jones Islamic Market Index (DJIM) covering Arab stock markets suffered the largest losses in February. Political crisis and civil unrest in Egypt, Jordan, Bahrain, Yemen, Morocco, escalating even to a civil war like in Libya, weighed on the markets.

The turmoil led the DJIM Kuwait Index to drop 8.64% to close at 908.36 (as of February 22’s close of trading). (source)

FINANCIAL MARKETS - BSE, ISE Islamic equity indexes to open floodgates to a spate of offerings

By MUSHTAK PARKER | ARAB NEWS

Published: Jan 9, 2011 23:16 Updated: Jan 9, 2011 23:31 

The launch over the last few weeks by the Bombay Stock Exchange (BSE) and the Istanbul Stock Exchange (ISE) of their debut equity indexes which comply with non-interest based Islamic investment principles is potentially a major development for the Islamic capital market and asset management industry.