Dow Jones Islamic Market Titans 100 Index closed down 0.83% in 2011

Press release
Published January 11th, 2012 - 07:11 GMT
Dow Jones Indexes
Dow Jones Indexes

Despite posting a gain in the final month of the year, the Dow Jones Islamic Market Titans 100 Index finished 2011 down 0.83%, according to data compiled by Dow Jones Indexes. The index, which rose 0.53% in December and 5.79% in 2010, measures the performance of 100 of the world’s leading Shari’ah-compliant stocks.

In comparison, the Dow Jones Global Titans 50 Index, which measures the world’s 50 largest companies, posted a 2011 loss of 1.49%; it registered gains of 1.88% in December 2011 and 1.99% in 2010.

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, plunged 12.13% in 2011 after posting an 18.20% rise in 2010; the Dow Jones Asian Titans 50 Index posted a 2011 loss of 18.13%. For December, the Dow Jones Islamic Market Asia/Pacific Titans 25 Index increased 0.28% while the Dow Jones Asian Titans 50 Index rose 0.98%.

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, tumbled 6.80% in 2011 following a 0.65% increase in 2010; the Dow Jones Europe Index reported a 2011 loss of 14.15%. For December, the Dow Jones Islamic Market Europe Titans 25 Index slipped 0.33% while the Dow Jones Europe Index dropped 1.75%.

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, gained 3.98% in 2011 a year after it registered a 2010 gain of 5.74%; the U.S. blue-chip Dow Jones Industrial Average jumped 5.53% for the year. For December, the Dow Jones Islamic Market U.S. Titans 50 Index increased 0.90% while the Dow Jones Industrial Average climbed 1.43%.

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