MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Benchmarks
Selected Benchmarks Used by Equity Funds in Kuwait & Bahrain
(June 2011)
Top Kuwait Equity Benchmarks
Top Bahrain Equity Benchmarks
S&P GCC
Large Cap
2.9%
Al Wataniya
Islamic
3.4%
Global
Islamic
3.8%
S&P GCC
4.5%
Other
16.3%
KIC
21.1%
KSE
48.0%
S&P Pan
Arab
6.4%
KSE&GCC
Investable
6.5%
S&P Pan
Arab Large
Cap
7.5%
Other
24.7% S&P GCC
27.6%
S&P GCC
Shariah
9.0%
S&P GCC
Large Cap
18.2%
Source: Lipper, a Thomson Reuters Company
Selected Benchmarks Used by Sharia Compliant Equity Funds in the GCC
(millions of U.S. dollars where relevant, June 2012)
Rank Benchmark Fund Assets
1 S&P Saudi Arabia Shariah Index 1,795
2 S&P Shariah Index 735
3 S&P GCC Composite Shariah Index 278
4 S&P BMI Shariah Index 259
5 Al Bilad Pure Islamic Saudi Index by S&P 189
6 S&P Saudi Arabia Index 157
7 Global Islamic Index 151
8 KSE Index 144
9 Dow Jones Islamic Market Index 137
10 Al Wataniya Islamic Index 136
Source: Lipper, a Thomson Reuters Company
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