The following 12 components will be added to the Dow Jones DIFC Arabia Titans 50 Index: Emirates Telecommunication Corporation (UAE), National Bank of Abu Dhabi (UAE), Abu Dhabi Commercial Bank (UAE), Dubai Islamic Bank (UAE), Emirates Bank International (UAE), Telecom Egypt (Egypt), National Bank of Dubai (UAE), Oman Telecommunications Company (Oman), MashreqBank (UAE), Attijariwafa Bank (Morocco), Housing Bank (Jordan) and Sudan Telecommunications Company (UAE).
Companies exiting the index: Bank of Kuwait and the Middle East (Kuwait), Commercial International Bank (Egypt), Qatar Electricity & Water (Qatar), Sultan Center Food Products (Kuwait), Burgan Bank (Kuwait), Jordan Cement (Jordan), Kuwait Cement (Kuwait), Arab Potash Company (Jordan), National Bank of Bahrain (Bahrain), Commercial Facilities (Kuwait), National Real Estate (Kuwait) and Bank of Bahrain & Kuwait (Bahrain). Total free-float market capitalization of the reconstituted Dow Jones DIFC Arabia Titans 50 Index increased to $280.27 billion from $216.08 billion as of May 31, 2006.
The following three components will be added to the Dow Jones Islamic Market Titans 100 and its subindex Dow Jones Islamic Market U.S. Titans 50 Index: Motorola Inc., Occidental Petroleum Corp. and Dow Chemical Co. Companies exiting the index: Automatic Data Processing Inc., Baxter International Inc. and CVS Corp. Total free-float market capitalization of the reconstituted Dow Jones Islamic Market U.S. Titans 50 Index increased to $3.815 trillion from $3.754 trillion as of May 31, 2006.
The following two components will be added to the Dow Jones Islamic Market Titans 100 and its subindex Dow Jones Islamic Market Europe Titans 25 Index: Repsol YPF S.A. (Spain) and Schneider Electric S.A. (France). Companies exiting the index: Centrica PLC (United Kingdom) and GUS PLC (United Kingdom). Total free-float market capitalization of the reconstituted Dow Jones Islamic Market Europe Titans 25 Index increased to $1.937 trillion from $1.920 trillion as of May 31, 2006.
The following six components will be added to the Dow Jones Islamic Market Titans 100 and its subindex Dow Jones Islamic Market Asia/Pacific Titans 25 Index: Asahi Glass Co. Ltd. (Japan), Woodside Petroleum Ltd. (Australia), Hynix Semiconductor Inc. (Korea), Eisai Co. Ltd. (Japan), Rinker Group Ltd. (Australia) and Nitto Denko Corp. (Japan). Companies exiting the index: Astellas Pharma Inc. (Japan), Fuji Photo Film Co. Ltd. (Japan), Wesfarmers Ltd. (Australia), Rohm Co. Ltd. (Japan), CLP Holdings Ltd. (Hong Kong) and Telstra Corp. Ltd. (Australia). Total free-float market capitalization of the reconstituted Dow Jones Islamic Market Asia/Pacific Titans 25 Index increased to $579.959 billion from $570.462 billion as of May 31, 2006.
Dow Jones DIFC Arabia Titans 50 Index is a regional blue-chip index developed jointly by Dow Jones Indexes and the Dubai International Financial Centre, in collaboration with the Dubai based investment bank SHUAA Capital. The index covers companies in Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Tunisia and United Arab Emirates. The investable index based on the stock prices of 50 leading companies in the region. The weighting of each component is determined using 60% market capitalization, 20% net income and 20% revenue. The index is weighted by full market capitalization. Each component's weight is capped at 10% of the index's total market capitalization. The full list of components including weightings and values of the Dow Jones DIFC Arabia Titans 50 Index is available on the Dow Jones Indexes Web site http://www.djindexes.com
Dow Jones Islamic Market Titans 100 comprises the Dow Jones Islamic Market U.S. Titans 50, the Dow Jones Islamic Market Europe Titans 25 and the Dow Jones Islamic Market Asia/Pacific Titans 25. Component changes made during the review are also applied to all Dow Jones Islamic Market Indexes screenings to ensure compliance with Shariah principles. The detailed methodology for each index is published in the indexes rulebook, accessible on the Dow Jones Indexes Web site at http://www.djindexes.com
