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Dow Jones Indexes to license DJIM CHIME Index as benchmark for new Tebyan Asset

New Index to Measure Equity Performance of 100 Leading Stocks. From China, India, Middle East/North Africa.That Pass Rules-Based Screens for Shari’ah-Compliance…..  


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Dow Jones Indexes, a leading global index provider, today announced that Tebyan Asset Management has licensed the Dow Jones Islamic Market (DJIM) CHIME Index to benchmark its new fund, the Tebyan CHIME Opportunities Fund, to be launched today.

The DJIM CHIME Index is designed to measure the performance of 100 leading stocks from China, India and the Middle East/North Africa (MENA) region that pass rules-based screens for Shari’ah compliance.

 

Source: ETFWorld – Dow Jones Indexes

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of a new set of ex Financials and ex Banks indices for Europe and the Euro zone. The new indices exclude all companies which are part of the Industry Classification Benchmark's (ICB) industry Financials or the supersector Banks, respectively.


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