Le rapport “Shariah Investing : Creating a Track Record” est une publication trimestrielle de SEI Investments (Middle East) qui compare le Dow Jones Islamic World Index (DJIW) au MSCI World *. La dernière édition du rapport montre que les indices Sharia continuent de surclasser leurs homologues conventionnels malgré la reprise financière générale constatée à la fin du premier trimestre 2009.
Les performances enregistrées par les indices Charia compatibles ont font clairement une stratégie d’investissement alternative viable et performante, qui s’inscrit dans le respect des principes religieux.
* MSCI World est le principal indice boursier couvrant le monde entier. Calculé quotidiennement par Morgan Stanley Capital International, il est disponible en temps réel sur Bloomberg et Reuters. Il réplique la performance de plus de 1.500 valeurs originaires de 23 pays développés d’Amérique, d’Europe et d’Asie-Océanie.
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Shari’ah indices still outperforming conventional counterparts
The report, ‘Shari’ah Investing: Creating a Track Record’ is published quarterly by SEI Investments (Middle East) and compares the Dow Jones Islamic World Index (DJIW) and the MSCI World. The latest Shariah investment report shows Shariah indices are still outperforming their conventional counterparts, despite a broad market pick up and a financial rally at the end of the Q1 2009.
In a series of papers from SEI Investments, issued 3 June 2009, SEI highlights the continued strength of the Shari’ah investing versus its conventional counterpart. Shari’ah investing has clearly shown a track record that makes it a strong and viable alternative investment approach, while in compliance with religious principles.
The report analyzes the performance through the first four months of 2009, and shows that despite a strong financials rally in March and April, the losses experiences by the MSCI in January and February were not enough to beat the less volatile Shari’ah index through this period. Hence the outperformance of Shari’ah relative to conventional widen further in the first four months of 2009.
Other findings highlighted that whilst volatility is falling it remains high and as a result, SEI does not anticipate seeing Shari’ah indices losing some of that outperformance just yet.
Looking further forward, SEI does expect that Shari’ah will begin to loose some of outperformance; however what the last nine quarters have shown us is that Shari’ah investing is a strong and viable alternative investment approach.
Source : CPI Financial