Dow Jones Islamic Market Titans 100 Index Closed Up 4.16% In February - Index Measures Performance Of 100 Of World’s Leading Shari’ah-Compliant Stocks - Dow Jones Islamic Market Asia/Pacific Titans 25 Index, Dow Jones Islamic Market Europe Titans 25 Index End February In Positive Territory - Dow Jones Islamic Market U.S. Titans 50 Index Gained 4.23%

The Dow Jones Islamic Market Titans 100 Index finished February up 4.16%, 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 February gain of 4.98%.

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, increased 4.52% in February; the Dow Jones Asian Titans 50 Index advanced 5.08%.

In Europe, the Dow Jones Islamic Market Europe Titans 25 Index, which measures the performance of the 25 the leading Shari’ah-compliant stocks in Europe, rose 3.76% in February; the Dow Jones Europe Titans 80 Index, which measures the performance of 80 blue-chip stocks traded in the developed markets of Europe, gained 5.34%.

In the U.S., the Dow Jones Islamic Market U.S. Titans 50 Index, which measures 50 of the largest Shari’ah-compliant U.S. stocks, increased 4.23% in February; the U.S. blue-chip Dow Jones Industrial Average increased by 2.53%.

Middle East and GCC Regions

Dow Jones Islamic Market Indexes versus conventional Dow Jones Indexes

The Dow Jones DFM Titans 10 Index, measuring the 10 largest and most liquid stocks listed on the Dubai Financial Market, surge 22.15% in February.

The Dow Jones Islamic Market Kuwait Index closed February up 2.15% while the Dow Jones Kuwait Composite Index rose 1.01%.

The Dow Jones Islamic Market Turkey Index closed February up 6.40%, while the Dow Jones Turkey Total Stock Market Index gained 7.51%.

The Dow Jones Islamic Market GCC Index, which measures the performance of Shari’ah-compliant stocks for five of the Gulf Cooperation Council (GCC) member states, gained 3.29% in February; the conventional Dow Jones GCC Index finished up 3.99%.

Other Markets and Asset Classes

In February, the Dow Jones Islamic Market BRIC Equal Weighted Index increased 5.53% while, the Dow Jones BRIC 50 Index rose 5.41%.

The Dow Jones Citigroup Sukuk Index, which measures the performance of global bonds complying with Islamic investment guidelines, rose 0.85% in February.

The Dow Jones Islamic Market Sustainability Index, which measures sustainable practice business of companies compliant with Shari’ah laws, rose 3.39% in February while the conventional Dow Jones Sustainability Index gained 4.27%. 

February Industries Winners and Losers

All DJIM Industry Indexes closed up for the month of February. The three top-performing Dow Jones Islamic Market Industry Indexes were Technology, Oil & Gas and Consumer Goods, up 7.18%, 6.31% and 5.23%, respectively. The Dow Jones Islamic Market Basic Materials, Dow Jones Islamic Market Health Care and Dow Jones Islamic Market Financials indexes were the three bottom-performing industry indexes, with gains of 2.32%, 1.24% and 0.04%, respectively.