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BASF now in Dow Jones Islamic Market Index

Source:Ringier Release Date:2012-01-16 128

BASF now in Dow Jones Islamic Market Index

BASF is now listed on the Dow Jones Islamic Market Index (DJIM). The listing places the company into a global universe of investable equities that have been screened for Shari'ah compliance consistent with Dow Jones Indexes' methodology. The listing underlines BASF's commitment to growth in the Middle East region, where it has expanded its presence significantly over the last decade and has recently made significant long term investments in manufacturing infrastructure. The listing of BASF on the DJIM followed a regular quarterly review of the index in September 2011 when a total of 130 stocks were added to the DJIM World Index, and 103 others deleted. This increased the number of components in the index to 2,618 from 2,591, and increased the free-float market capitalisation of the reconstituted DJIM World Index from $12.6 trillion to $12.8 trillion. There are currently more than 125 licensees with more than $5 billion in assets benchmarked to the Dow Jones Islamic Market Indexes. www.basf.com

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