01.07.2011 - Dow Jones Islamic Market Indexes in June 2011: Islamic finance defies the global banking industry's contraction
And the winner is … Pakistan. With a profit of 18.24%, the Dow Jones Islamic Market (DJIM) Pakistan Index posted the highest first-half 2011 advance (as of the close of trading of June 28) of all the country indexes in the DJIM series. In June, the DJIM Pakistan index achieved the second-highest monthly return, closing up 6.54% to 16,385.68, just behind the DJIM Philippines Index, which gained 7% to 1,953.46. These were the only advancing equity composites of the DJIM country indexes. (Press Release)