DUBAI — Dow Jones Indexes yesterday announced the Dow Jones Islamic Market (DJIM) Titans 100 Index has been licensed for the first time to serve as the basis of an exchange-traded fund (ETF).
The ETF, managed by BNP Paribas Asset Management, was launched yesterday at the SWX Swiss Exchange.
The DJIM Titans 100 Index is a blue-chip index that tracks the top 100 global companies that comply with Islamic investment guidelines