Dow Jones
Dow Jones has capitalized on its first-mover advantage. In 1999, the group launched the Dow Jones Islamic Market Index. This was the first attempt by any global index provider to create a measurement tool for Shariah-compliant investors. Following this, Dow Jones launched the Citigroup sukuk index, the first one to measure the performance of global Islamic bonds.
To complement the indices, the Dow Jones Islamic group will launch an Islamic finance learning centre and a newsletter, DJIM Quarterly, dedicated to Dow Jones Islamic markets and Islamic finance.
Finally, and most crucially, unlike other index providers, Dow Jones also stands out for having established its own, independent Shariah supervisory board for the purpose of advising on these indices.
