Dow Jones Indexes adds Shari’ah-compliant index to Dow Jones RBP Index family

Dow Jones Indexes will launch the Dow Jones Islamic Market RBP U.S. 50 Index, a unique gauge designed to evaluate the largest 50 U.S. stocks ranked by RBP®(Required Business Performance) probabilities supplied by Transparent Value, LLC that have first passed the screens for Shari’ah compliance.
Transparent Value is calculating RBP® by taking a reverse discounted cash flow approach to determine the future business performance required by a company to support its current stock price.

You may also like...