Growth of Shariah compliant equities in Indonesia
Aug 24, 2016 | Publications
The Jakarta Islamic Index (JII) consists of 30 Shariah compliant shares that have the largest market capitalization and are the most liquid. In general, members of this index are made up of companies whose core business is in the infrastructure, consumer and commodity sectors. The index is reviewed every six months in the months of January and July. The JII accounts for 67.8% of total capitalization of the Indonesian Shariah Equity Index (ISSI).