Stocks in the dow jones islamic index

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original value. Current performance of the Fund may be lower or higher than the performance data quoted. Performance data current to the most recent month end may be obtained by clicking here.

December 28, Ex-Date December 29, Ordinary Income Rate per share: Mutual Funds Shareholders are entitled to their respective share of a Fund's net income and capital gains on its investments. A Fund is required to pass through substantially all of its earnings along to its investors as distributions. Generally, Funds distribute capital gains, if any, annually. When a Fund earns dividends from stocks and distributes these earnings to shareholders, it is called a dividend distribution.

A Fund realizes capital gains when it sells securities for a higher price than it paid. When net long-term capital gains are distributed to shareholders, it is called a capital gain distribution.

Stock market index - Wikipedia

Net short-term capital gains are considered ordinary income and are included in dividend distributions. On the day the distribution is declared, the amount of the distribution is deducted from fund assets and calculated as a per share amount to be passed through to shareholders.

On this day, the fund's share price will decline by the amount of the distribution plus or minus any share price change related to market activity. Overview The Iman Fund symbol: IMANX invests in Shariah -compliant companies, in response to the needs of Muslim investors, who not only want to have a financially rewarding investment, but a Shariah compatible one as well. Since June , IMANX has provided Muslims with an investment option based on Islamic principles.

The Fund seeks growth of capital while adhering to Islamic principles. The Iman Fund comprises investments that meet Islamic principles.

Under the normal circumstances, the Fund invests its net assets in domestic and foreign securities chosen by its Investment Advisor that meet Islamic principles. Islamic principles generally preclude investments in certain industries e. Any uninvested cash will be held in non-interest bearing deposits or invested in manner following Islamic principles. Under normal circumstances, the Fund plans to fully invest its assets in securities that meet Islamic principles.

The Investment Advisor is advised by a Board of Trustees of prominent Islamic scholars and community leaders from the United States. Mutual Fund investing involves risk; principal loss is possible. The Fund invests in foreign securities which involve greater volatility and political, economic, and currency risks and differences in accounting methods.

It is possible that the Islamic Shari'ah restrictions placed on investments and reflected in the main investment strategies may result in the Fund not performing as well as mutual funds not subject to such restrictions. Diversification does not assure a profit or protect against a loss in a declining market. The prospectus contains more complete information, including risks, fees and expenses related to an ongoing investment in the Fund.

Please read the prospectus carefully before you invest or send money. While the fund is no-load, management fees and other expenses still apply.

Please refer to the prospectus for further details.

The Fund has been referred to by Morningstar, Cnnfn, The Wall Street Journal and Crain's Chicago Business. The Wilshire Total Market Index Wilshire measures the performance of all U.

Dow Jones Islamic Market Index - Wikipedia

Approximately 5, capitalization-weighted security returns are used to adjust the index. The Dow Jones Islamic Market US Index is a diversified compilation of U. The index is constructed from stocks in the Dow Jones Indexes DJGI family.

Dow Jones believes that these stocks are accessible to investors and are well traded.

The DJGI methodology removes issues that are not suitable for global investing. Prior to July 31, , the performance of the Dow Jones Islamic Market US Index does not include the reinvestment of dividends.

The Dow Jones Islamic Market World Index is a compilation of 56 country-level benchmark indexes considered by Dow Jones to be in compliance with Islamic principles.

Prior to April 30, , the performance of the Dow Jones Islamic Market World Index does not include the reinvestment of dividends.

The Dow Jones Islamic US Index tracks Shariah compliant stocks from the United States. The Russell Growth Index measures the performance of those Russell Index companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The Fund is offered only to United States residents with a valid social security number, and information on this site is intended only for such persons.

Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. Mutual fund investing involves risk; principal loss is possible.

IMANX Investing with Values. For Email Newsletters you can trust. Give us good in this world, And good in the Hereafter Terms, Conditions and Privacy Policy. Monthly Performance and Holdings.

Allied Asset Advisors is the registered investment advisor of the Fund.