August 2010 “Islamic market’s measure” preliminary report

Published August 26th, 2010 - 10:23 GMT
Al Bawaba
Al Bawaba

Based on the close of trading on August 24 the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari'ah compliant stocks globally, dropped -3.45% month-to-date, closing at 1888.71. In comparison, the Dow Jones Global Titans 50 Index, which measures the 50 biggest companies worldwide, posted a loss of -3.65%, closing at 152.75.

− 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 -1.79%, closing at 1799.33. The Dow Jones Asian Titans 50 Index, in comparison, posted a loss of -2.07%, closing at 125.68.

− Measuring Europe, the Dow Jones Islamic Market Europe Titans 25 Index, which measures the performance
of the 25 of the leading Shari'ah compliant stocks in Europe, closed at 1827.21, a loss of -3.15%, while the conventional Dow Jones Europe Index loss -4.91%, closing at 230.04.

− Measuring the performance of 50 of the largest Shari'ah compliant U.S. stocks, the Dow Jones Islamic Market U.S. Titans 50 Index decreased, closing at 1917.57. It represents a loss of -3.88%. The U.S. blue-chip Dow Jones Industrial Average decreased -4.07%, closing at 10040.45.