VOL. XLII

No. 07

15-February-1999

GENERAL

Dow Jones Launches Islamic Market Index

Dow Jones & Co Inc launched an Islamic stock marketindex on 8 February to track companies whose business operations are compatiblewith Islamic principles. The Dow Jones Islamic Market Index will track 600equities from 30 different countries with a total market capitalization of $7.5trillion. Companies excluded from the index include those whose business isinvolved in alcohol, pork-related products, conventional...