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Dow Jones Islamic Market Indexes in May: The fear factor rules, but for how long?

Wed, 2011-06-01 22:12 — newsdesk

The permanent debt woes in Europe and persistent political tensions in the Middle East have influenced the global indexes in May. The DJIM Citigroup Sukuk Index -- which measures the performance of investment-grade-rated, U.S. dollar-denominated Islamic bonds -- posted the largest gain, closing 0.94% higher to reach 129.85 points, as of the close of trading on May 24.
The DJIM Pakistan Index also gained 12.67% since January 1, 2011.
The DJIM China Offshore Index plummeted 8.65% to 3,465.53, while the DJIM BRIC Index lost 8.56% to 2,114.90.

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http://www.bi-me.com/main.php?id=52817&t=1&c=33&cg=4&mset=