The Dow Jones Islamic Market Titans 100 Index finished November up 0.37%, according to data compiled by S&P Dow Jones Indices. 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 November gain of 0.07%.
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, advanced 3.58% in November; the Dow Jones Asian Titans 50 Index increased 3.06%.
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 1.14% in November; the Dow Jones Europe Titans 80 Index, which measures the performance of 80 blue-chip stocks traded in the developed markets of Europe, increased 2.07%.
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, decreased 0.43% in November; the U.S. blue-chip Dow Jones Industrial Average decreased 0.54%.
The Dow Jones DFM Titans 10 Index, measuring the 10 largest and most liquid stocks listed on the Dubai Financial Market decreased 0.12% in November.
The Dow Jones Islamic Market Kuwait Index advanced 5.91% in November.
The Dow Jones Islamic Market Turkey Index rose 0.59%, while the Dow Jones Turkey Total Stock Market Index increased 1.22% in November.
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, increased 1.84% in November; the conventional Dow Jones GCC Index gained 1.52%.
In November, the Dow Jones Islamic Market BRIC Equal Weighted Index decreased 0.51% while, the Dow Jones BRIC 50 Index increased 0.26%.
The Dow Jones Sukuk Price Return Index, which measures the performance of global bonds complying with Islamic investment guidelines, rose 0.06% in November.
The Dow Jones Islamic Market Sustainability Index, which measures sustainable practice business of companies compliant with Shari’ah laws, rose 1.23% in November while the conventional Dow Jones Sustainability Index gained 1.20%.
The three top-performing Dow Jones Islamic Market Industry Indices were Consumer Goods, Industrials and Consumer Services, with gains of 3.55%, 2.82% and 1.96%, respectively.
The three bottom-performing Dow Jones Islamic Market Industry Indices were Utilities, Basic Materials and Oil & Gas, with losses of 0.59%, 0.86% and 2.07%, respectively.