New York, NY – The global Islamic equity benchmarks of S&P Dow Jones Indices saw a significant increase of nearly 12% in the fourth quarter of 2023, outperforming conventional benchmarks. This surge has raised the interest of investors and experts alike, especially within the Islamic finance sector.

The growth of Islamic equity benchmarks has been attributed to various factors, including the increasing demand for Shariah-compliant investment opportunities and the strong performance of Islamic financial institutions. The outperformance of these benchmarks in comparison to conventional ones has sparked discussions about the potential of Islamic finance to offer stable and ethical investment options.

Experts believe that the surge in Islamic equity benchmarks highlights the resilience and strong performance of Islamic finance, even in the face of global economic challenges. This has led to a growing interest in Islamic finance from a wider range of investors who are seeking alternative, socially responsible investment options.

The strong performance of S&P DJI’s global Islamic equity benchmarks has also sparked discussions about the future potential of Islamic finance in the global market. This surge has not only garnered attention from Islamic investors but has also piqued the interest of conventional investors who are looking to diversify their portfolios with ethical and sustainable investment opportunities.

The latest surge in Islamic equity benchmarks further solidifies the position of Islamic finance as a viable and competitive option in the global market. It also serves as a testament to the potential of Islamic finance to offer strong, ethical, and stable investment opportunities that can outperform conventional benchmarks. As the global economy continues to evolve, the performance of Islamic finance is likely to remain a topic of interest for investors and experts looking for sustainable and socially responsible investment options.