Dow Jones Indexes, a leading global index provider, today announced it has been named “Best Islamic Index Provider in Malaysia” by Asia Asset Management, adding to the list of awards bestowed upon the Dow Jones Islamic Market Indexes in 2011.
Since its launch in 1999, the Dow Jones Islamic Market Indexes have won a total of 28 industry awards from various organizations, research institutions and financial publications around the world. The previously announced 2011 awards include:
• “Islamic Index Provider of the Year in Asia” by Asia Asset Management;
• “Best Islamic Index Provider” by Islamic Finance News (fifth consecutive year);
• “Best Islamic Index Provider” by Islamic Business & Finance (second consecutive year); and
• “Best Shari’ah Compliant Index Provider of the Year” by Global Finance (fourth consecutive year).
“We are proud of the recognition the Dow Jones Islamic Market Indexes continues to receive in the marketplace,” said Michael A. Petronella, President, Dow Jones Indexes. “To be sure, credit for its success belongs both to our clients, who have faithfully supported this index family since its inception, and to our team which pioneered this space.”
Earlier this month, Dow Jones Indexes launched the newest member of the index series, the Dow Jones Islamic Market CHIME Index, which measures the performance of 100 Shari’ah-compliant leading stocks from China, India and the Middle East/North Africa region.
The Dow Jones Islamic Market Indexes were the first gauges intended to measure the global universe of investable equities that pass screens for Shari’ah compliance. With hundreds of indexes, the series is the industry’s most comprehensive family of Islamic market measures and includes regional, country, and industry indexes, all of which are subsets of the Dow Jones Islamic Market Index. An independent Shari’ah Supervisory Board advises Dow Jones Indexes on matters related to the compliance of index-eligible companies.
