The award honors the significant efforts and contributions of Dow Jones Indexes to the Islamic Finance industry and was presented by Y.B. Tan Sri Nor Mohamed Yakcop, minister of finance II of Malaysia.
"This award acknowledges our leadership and dedication to provide the most comprehensive, reliable and objective family of Islamic indexes. The Dow Jones Islamic Market Indexes were the first to measure the performance of Shari'ah-compliant stocks and bonds, and have set the standard for Islamic indexing in the past decade," said Michael A. Petronella, president of Dow Jones Indexes. "Dow Jones Indexes remains committed to the further development of innovative, premier benchmarks tracking Shari'ah-compliant securities worldwide."
Launched in 1999, the Dow Jones Islamic Market Indexes seek to measure the global universe of investable equities that pass screens for Shari'ah compliance. The Dow Jones Islamic Market Indexes combine Islamic investment principles with Dow Jones Indexes' objective, transparent and rules-based methodology.
There are currently more than 75 licensees with more than US$7 billion in assets benchmarked to the Dow Jones Islamic Market Indexes. For more information on the Dow Jones Islamic Market Indexes, please visit www.djindexes.com.
Dow Jones & Company (www.dowjones.com) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or contact Dow Jones Indexes/STOXX press office:New York: +1-212-597-5720 Frankfurt: +49-69-29-725-290Hong Kong: +852-800-969-336Singapore: +65-6-4154-299
© Press Release 2008
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