Dow Jones Islamic Market Index (DJIM)

Made Today

مؤشر داو جونز للسوق الإسلامية

A stock-market index launched in 1999 for investors seeking Sharia-compliant investments, operated by S&P Dow Jones Indices; an independent Shariah Supervisory Board screens its companies.

Depth

At a glance

Region
Global / Diaspora
Identifiers
Wikidata

Trade and finance

In the Modern Islam Browser

Modern Islam BrowserEnterprise, brands and finance1999

Footprint

On Wikipedia in:arenms (read on 2026-11-06)

Wikidata:Q5302624

Summary

The Dow Jones Islamic Market Index (DJIM) is a stock-market index created for investors seeking investments under Islamic finance, operated by S&P Dow Jones Indices. 1

Sharia screening

An independent Shariah Supervisory Board of scholars and experts reviews companies' financial statements and decides whether they comply. 1 The article describes two screens: the first removes industries including alcohol, pork, conventional finance, gambling, tobacco and weapons; the second uses financial ratios to remove companies with high debt or interest income. 1

Origins

It was launched in 1999; the article says in Bahrain, as the first index of its kind, and that AAOIFI adopted its screens in Standard 21. 1

References

  • Wikipedia, "Dow Jones Islamic Market Index", revision 1380578204. 1

People and things also explored

Al-Madina Souq, Aleppo· Bazaar of Tabriz· Khan el-Khalili· Al-Hamidiyah Souq· Souq Waqif· Ajr al-mithl (customary wage)· Akhi Baba (title of the guild shaykh and tanners' head)· Akik (the cornelian stone, used in seal-rings)

Sources

  1. Dow Jones Islamic Market Index — English Wikipedia
  • Wikidata
Cite this page

islam.museum contributors. “Dow Jones Islamic Market Index (DJIM)”. islam.museum, https://islam.museum/en/listing/dow-jones-islamic-market-index/. CC BY-SA 4.0. Last updated 2026-11-07.

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Related

Al-Madina Souq, Aleppo

The world's longest historic covered souq (13 km) in old Aleppo; a large part burned in the 2012 fighting and has been restored.