The Dubai Financial Market (DFM) today successfully conducted the periodic review of the general index and Islamic index as of September 23, 2024. The DFM conducts these reviews frequently to maintain the efficiency and up-to-date information of its indices which are widely used of market performance. The new stock weights for both of the indices will be implemented during today’s trading period, being Monday.
This review is one of the ways that DFM remains committed to offering a clear and effective channel for market operations to foster the independence of investors. The general index, and the Islamic index, in particular, draws very crucial roles in portraying fair market status besides providing suitable investment ideas that respect Islamic law.
How this response could be improved:
Including additional information on why indexes should be reviewed.
As well as adding analysis of the market by different experts on how those changes might affect it.
Furthering their argument on the position of the Islamic index in the general financial market.
