The Dow Jones added 12 news countries to its Islamic Market World Index, including Morocco. What, might you ask, is the Dow Jones Islamic Market World Index? It's basically a mutual fund made up of halal companies--that is, companies that comply with Islam's Sharia law. That means investors can be confident that there are no companies involved in alcohol, pork, banks, insurance, casinos, tobacco or weapons among other things in the Dow Jones Islamic World Index.
In addition to Moroccan-based companies, the Dow Jones Islamic World Index also added companies from Bahrain, China, Egypt, India, Jordan, Kuwait, Oman, Qatar, Sri Lanka, Turkey and the United Arab Emirates.
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Dow Jones Islamic Market World Index Expands to Include 12 New Countries
Dow Jones Islamic Market Indexes: Quick Facts
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