Lars Hamich, executive director global business development of Dow Jones Indexes, said, "The Dow Jones Islamic Market Titans 100 has been created because of an increasing demand for social-ethical and Islamic index investment. The indexes offer market participants easy access to the largest and most liquid global companies that meet requirements for non-financial, low debt and social ethical markets. We anticipate exchange-traded funds to be launched in the near future to complement the existing mutual funds and certificates based on the Dow Jones Islamic Index family."
To determine their eligibility for the Dow Jones Islamic Market Titans 100, stocks are screened based on their industry type and their financial ratios. Excluded are companies engaged in the following lines of business: alcohol, tobacco, pork-related products, financial services, defense/weapons and entertainment. Dow Jones Indexes then screens out companies with unacceptable financial ratios: companies whose total debt divided by trailing 12-month average market capitalization is 33% or more; those whose cash plus interest-bearing securities divided by trailing 12-month average market capitalization is 33% or more and those whose accounts receivables divided by total assets is 45% or more.
The Dow Jones Islamic Market Titans 100 is weighted by float adjusted market capitalization. The index represents with only seven percent of the number of the companies - in permissible businesses and with acceptable ratios - 77 percent of these companies' market capitalization. Weights within the index are capped at 10% to prevent dominance by any individual company.
The indexes are calculated in real-time and are distributed through major market data vendors. Historical data on the Dow Jones Islamic Market Titans 100 index is available back to Dec. 31, 1995.
The 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.
The Top Five companies in the Dow Jones Islamic Market Titans 100 and Dow Jones US Islamic Titans 50 indexes are:
| Company Name | Country |
| Exxon Mobil Corp. | USA |
| Microsoft Corp. | USA |
| Pfizer Inc. | USA |
| Johnson & Johnson | USA |
| International Business Machines Corp. | USA |
The Top Five companies in the Dow Jones Europe Islamic Titans 25 index are:
| Company Name | Country |
| Vodafone Group PLC | UK |
| BP PLC | UK |
| GlaxoSmithKline PLC | UK |
| TotalFinaElf S.A. | Switzerland |
| TotalFinaElf S.A. | France |
The Top Five companies in the Dow Jones Asia/Pacific Islamic Titans 25 index are:
| Company Name | Country |
| NTT DoCoMo Inc. | Japan |
| Canon Inc. | Japan |
| Takeda Chemical Industries Ltd. | Japan |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan |
| Fuji Photo Film Co. Ltd. | Japan |
Further information on the Dow Jones Islamic Market Titans 100 Index as well as ticker symbols of the major data vendors is available at www.djindexes.com.
Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages, the Dow Jones Global Titans 50, the Pan-European Dow Jones STOXX Indexes, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans 30, and the Dow Jones Country Titans Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE: DJ; dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Newswires and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.
