updated 3/10/2011 4:46:45 PM ET 2011-03-10T21:46:45

NEW YORK, March 10, 2011 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Islamic Market Indexes. All changes will be effective after the close of trading on Friday, March 18, 2011.

In the Dow Jones Islamic Market World Index, 112 components will be added while 49 components will be deleted. That increases the number of components in the index to 2,528 from 2,465. The top five components by free-float market capitalization that will be added to the index are Teck Resources Ltd. Cl B (Canada, Basic Resources, TCK.B.T), Sandvik AB (Sweden, Industrial Goods & Services, SAND.SK), China Shenhua Energy Co. Ltd. (China, Basic Resources, 1088.HK), Clorox Co. (United States, Personal & Household Goods, CLX) and Assa Abloy AB Series B (Sweden, Construction & Materials, ASSA-B.SK).

The total free-float market capitalization of the reconstituted Dow Jones Islamic Market World Index increased to US$14.31 trillion from US$14.11 trillion.

In the Dow Jones Islamic Market Asia/Pacific Index, with 62 additions and 26 deletions, the number of components in the index will increase to 1,199 from 1,163. The top five components by free-float market capitalization that will be added to the index are China Shenhua Energy Co. Ltd. (China, Basic Resources, 1088.HK), Coal India Ltd. (India, Basic Resources, 533278.BY), S-Oil Corp. (South Korea, Oil & Gas, 010950.SE), Zhaojin Mining Industry Co. Ltd. (China, Basic Resources, 1818.HK) and Mando Corp. (South Korea, Automobiles & Parts, 060980.SE).

The total free-float market capitalization of the reconstituted Dow Jones Islamic Market Asia/Pacific Index increased to US$2.66 trillion from US$2.60 trillion.

In the Dow Jones Islamic Market Europe Index, 12 components will be added, while five components will be deleted. That increases the number of components in the index to 388 from 381. The top five components by free-float market capitalization that will be added to the index are Sandvik AB (Sweden, Industrial Goods & Services, SAND.SK), Assa Abloy AB Series B (Sweden, Construction & Materials, ASSA-B.SK), Pandora A/S (Denmark, Personal & Household Goods, PNDORA.KO), Fiskars Oyj (Finland, Personal & Household Goods, FIS1V.HE) and ASOS PLC (United Kingdom, Retail, ASC.LN).

The total free-float market capitalization of the reconstituted Dow Jones Islamic Market Europe Index increased to US$3.11 trillion from US$3.06 trillion.

In the Dow Jones Islamic Market Americas Index, the number of components will increase to 798 from 776, with 37 additions and 15 deletions. The top five components by free-float market capitalization that will be added to the index are Teck Resources Ltd. Cl B (Canada, Basic Resources, TCK.B.T), Clorox Co. (United States, Personal & Household Goods, CLX), Motorola Mobility Holdings Inc. (United States, Technology, MMI), MEG Energy Corp. (Canada, Oil & Gas, MEG.T) and New Gold Inc. (Canada, Basic Resources, NGD.T).

The total free-float market capitalization of the reconstituted Dow Jones Islamic Market AmericasIndex increased to US$8.33 trillion from US$8.24 trillion.

In the Dow Jones Islamic Market MENAIndex, no components will be added, while three components will be deleted. That decreases the number of components in the index to 160 from 163.

The total free-float market capitalization of the Dow Jones Islamic Market MENA Index decreased to US$103.05 billion from US$106.94 billion.

In the Dow Jones Islamic Market BRIC Equal Weighted Index, four components will be added, while five components will be deleted. That decreases the number of components in the index to 84 from 85.

The total free-float market capitalization of the reconstituted Dow Jones Islamic Market BRIC Equal Weighted Index increased to US$795.40 billion from US$767.98 billion.

In the Dow Jones Islamic Market China Offshore Index, two components will be added and two components will be deleted. The number of components in the index will remain at 23.

The free-float market capitalization of the reconstituted Dow Jones Islamic Market China Offshore Index increased to US$110.60 billion from US$95.01 billion.

In the Dow Jones Islamic Market Hong Kong Index, with 11 additions and one deletion, the number of components will increase to 144 from 134. The top five components by free-float market capitalization that will be added to the index are Bosideng International Holdings Ltd. (Hong Kong, Personal & Household Goods, 3998.HK), Winsway Coking Coal Holdings Ltd. (Hong Kong, Basic Resources, 1733.HK), SITC International Holdings Co. Ltd. (Hong Kong, Industrial Goods & Services, 1308.HK), Boshiwa International Holding Ltd. (Hong Kong, Personal & Household Goods, 1698.HK) and West China Cement Ltd. (Hong Kong, Construction & Materials, 2233.HK).

The free-float market capitalization of the reconstituted Dow Jones Islamic Market Hong Kong Index increased to US$176.92 billion from US$164.86 billion.

In the Dow Jones Islamic Market India Index, seven components will be added and nine components will be deleted. That decreases the number of components in the index to 175 from 177. The top five components by free-float market capitalization that will be added to the index are Coal India Ltd. (India, Basic Resources, 533278.BY), Prraneta Industries Ltd. (India, Industrial Goods & Services, 531611.BY), Orissa Minerals Development Ltd. (India, Basic Resources, 590086.BY), MOIL Ltd. (India, Basic Resources, 533286.BY) and Persistent Systems Ltd. (India, Technology, 533179.BY).

The free-float market capitalization of the reconstituted Dow Jones Islamic Market India Index decreased to US$274.03 billion from US$286.91 billion.

In the Dow Jones Islamic Market Turkey Index, one component will be added and no components will be deleted. The number of components in the index increases to 33 from 32.

The free-float market capitalization of the reconstituted Dow Jones Islamic Market Turkey Index decreased to US$16.16 billion from US$16.19 billion.

In the Dow Jones Islamic Market Titans 100 Index and sub-index, Dow Jones Islamic Market U.S. Titans 50 Index, UnitedHealth Group Inc. (United States, Health Care, UNH) will be replaced by Halliburton Co. (United States, Oil & Gas, HAL). The change is a result of the regular quarterly review of the Dow Jones Islamic Market World Index. The Dow Jones Islamic Market Titans 100 and its three sub-indexes, Dow Jones Islamic Market U.S. Titans 50, Dow Jones Islamic Market Asia/Pacific Titans 25 and Dow Jones Islamic Market Europe Titans 25 are reviewed annually in June.

The free-float market capitalization of the reconstituted Dow Jones Islamic Market Titans 100 Index increased to US$6.763 trillion from US$6.762 trillion.

The market capitalization values of all indexes cited in this report are as of March 8, 2011.

The Dow Jones DFM Index, Dow Jones Islamic Market Sustainability Index, Dow Jones Islamic Market Country, Dow Jones Islamic Market Regional and Dow Jones Islamic Market Industry indexes are also part of this regular quarterly review.

The Dow Jones DFM Titans 10 Index is reviewed annually in March. The Dow Jones Islamic Market Malaysia Titans 25 Index is reviewed annually in June and the Dow Jones Islamic Market China/Hong Kong Titans 30 Index is reviewed annually in September.

The Dow Jones Islamic Market Indexes were introduced in 1999 as the first indexes intended to measure the global universe of investable equities that pass screens for Shari'ah compliance. With more than 100 indexes, the series is the most comprehensive family of Islamic market measures and includes regional, country, and industry indexes, all of which are subsets of the Dow Jones Islamic Market Index.

An independent Shari'ah Supervisory Board counsels Dow Jones Indexes on matters related to the compliance of index-eligible companies. To determine their eligibility for the Dow Jones Islamic Market Indexes, stocks are screened based on their industry type and their financial ratios. Excluded are companies engaged in the following lines of business: alcohol, tobacco, pork-related products, financial services, defense/weapons and entertainment. Also excluded are companies for which the following financial ratios are 33% or more: debt divided by trailing 24-month average market capitalization; cash plus interest-bearing securities divided by trailing 24-month average market capitalization; and accounts receivables divided by trailing 24-month average market capitalization.

There are currently more than 125 licensees with more than US$5 billion in assets benchmarked to the Dow Jones Islamic Market Indexes.

More information on the Dow Jones Islamic Market Indexes is available on www.djindexes.com.

Company additions to and deletions from the Dow Jones Islamic Market Indexes do not in any way reflect an opinion on the investment merits of the company.

Journalists may e-mail questions regarding this press release to media@djindexes.com.

Note to Editors:

About Dow Jones Indexes

Dow Jones Indexes ( www.djindexes.com ) is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. ( www.cmegroup.com ) and 10 percent by Dow Jones & Company, Inc. ( www.dowjones.com ), a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) ( www.newscorp.com ).

The Dow Jones Indexes logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1289

"Dow Jones®", "Dow Jones Indexes", "Dow Jones Islamic Market Indexes" and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Islamic Market Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in any of the Dow Jones Islamic Market Indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.

CONTACT: Dow Jones Indexes' press offices:
         New York:
         +1-212-597-5720
         London:
         +44-20-7796-7247

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.11%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.65%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.36%
13.34%
Cash Back Cards 17.84%
17.82%
Rewards Cards 17.09%
17.07%
Source: Bankrate.com