Dow Jones launches Islamic Market China Offshore Index

Dow Jones Indexes has launched the Dow Jones Islamic Market China Offshore Index. The index represents companies that have been screened for compliance with Islamic principles and whose primary operations are in mainland China but trade at the Hong Kong Stock Exchange, New York Stock Exchange, Nasdaq or American Stock Exchange. Stocks included in the index are H shares, red chips, ADR/ADS and Chinese stocks listed in the US.

The Dow Jones Islamic Market China Offshore Index is designed to serve as underlying for investment products such as mutual funds, exchange-traded funds (ETFs) and other investable products.

“The Dow Jones Islamic Market China Offshore Index offers market participants exposure to an investable and Sharia-compliant index that follows the superior methodology of the Dow Jones Islamic Market Indexes,” says Michael Petronella, president of Dow Jones Indexes. “While China has experienced tremendous