Dow Jones and DFM launch sharia-compliant indexes

Dow Jones Indexes and the Dubai Financial Market (DFM), UAE’s stock exchange, have launched the Dow Jones DFM Index and Dow Jones DFM Titans 10 Index. The new indexes are part of the Dow Jones Islamic Market Index series, and follow the methodology of the sharia-compliant index family.

The Dow Jones DFM Index is a composite equity index that tracks the performance of equities traded at the DFM. The Dow Jones DFM Titans 10 Index is a subset of the Dow Jones DFM Index and is designed to serve as an underlying index for investment products such as mutual funds, exchange-traded funds (ETFs) and other investable products.

The Dow Jones DFM Index measures the performance of stocks trading on the DFM that pass rules-based screens for sharia compliance. The top four companies in the

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