Posted on 07/01/2009 7:46:14 PM PDT by Sammy67
ISLAMIC INDEX: New index from Dow Jones will give investors exposure to 100 non-US Shariah compliant companies. (Getty Images)Dow Jones Indexes announced on Wednesday it has licensed the Dow Jones Islamic Market International Titans 100 Index to Javelin Investment Management, an investment adviser registered with the SEC.
The blue-chip index will underlie the first Shari'ah compliant exchange-traded fund listed in the US - the JETS Dow Jones Islamic Market International Index Fund (JVS).
The index measures the stock performance of 100 leading non-US companies that have passed rules-based screens for Shari'ah compliance.
To determine their eligibility firms are screened based on their industry type and their financial ratios.
(Excerpt) Read more at arabianbusiness.com ...
What’s the symbol for Pork Bellies?
And I’m sure it will be as blatantly manipulated as the DJIA.
Where in hail is the Sharia non compliant corporate list? Thats the one I want.
Which company makes the best belt bombs and IEDs?
LOL.
Can you imagine the outrage if there was a CHRISTIAN INDEX?
Hey, that sounds like a good idea. I wonder what their portfolio looks like?
Long C4, Semtex, and body bags
Long SERVPRO (do they still handle dirty bomb cleanup?)
Short the airlines
Short any RE developers with tall buildings
Short any company that manufactures deodorant or T.P.
Hear Ye! Hear Ye! Hear Ye!
FReeper Convention Ticket Drawing!!
All NEW monthlies of $10 or more submitted by July 31 that include the words “FReeper Convention Ticket Drawing” in the comment section will be included in a drawing for a Freeper Convention ticket!! The winner can use the ticket for himself or give it away to another FReeper!!
Hope to see you in DC!!
45 posted on Wednesday, July 01, 2009 12:41:31 PM by Jim Robinson (Follow me on Twitter: http://twitter.com/jimrobfr)
Wall Street taken over by Sheiks from the Mid East...
I send enough money over there every time I fill up, thanks anyway.
Sharia and sharia alike.
just damn...I was gonna be a smartazz and say that youre slippin, as you forgot the obvious kenyan and indonesean outlets malls...
then I re-read it and realized you werent speaking of our pretend totus...
just damn...
At least this sharia index makes it easier to know which companies you should avoid at all costs. Just a new way for Arabs to get rich off of gullible infidels.
You could put together and advertise your own Christian index — there’s nothing stopping you.
Why do these funds even need market capitalization. They’re already filthy rich with oil.
Yes there would be great outrage if a Christian friendly company index was reported.
Wasn’t there some index or some reporting years ago, of companies that did business with South Africa? The idea was to avoid those companies to protest apartheid. So this Islamic thing is trying to put one’s money where one’s mouth is.
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