GLOBAL: Dow Jones Islamic Indexes posted negative returns in May, with the Dow Jones Islamic Market Titans 100 Index declining 8.04%.
The Dow Jones Islamic Market Asia/Pacific Titans 25 Index closed down 10.92%, while Dow Jones Islamic Market Europe Titans 25 Index declined 12.43%.
On another note, it was also announced that China-based e-commerce company Alibaba.com will be removed from the Dow Jones Islamic Market China/Hong Kong Titans 30 Index, following its acquisition by Alibaba Group.