insights_auto
Why is JII up 2.88%?
Dive Deeperchevron_right
JII:IDX
Jakarta Islamic Index
307.32
arrow_upward
+2.88%(+8.59) 1D
Nov 13, 4:00:05 PM GMT+7
search
All symbols
| Symbol | Price | Change | % Change |
|---|
Open
300.55
High
308.73
Low
297.56
52-wk high
623.66
52-wk low
273.08
Open
300.55
High
308.73
Low
297.56
52-wk high
623.66
52-wk low
273.08
News stories
From web sources and news partners
Investing.com
·
58 minutes ago
Goldman’s Oppenheimer sees S&P 500 advancing to 8,700 in 2027
Trefis
·
1 hour ago
Nvidia Is 6.1% Of Your S&P 500 Fund. What Is Your Number?
The Motley Fool
·
39 minutes ago
The S&P 500 Recently Experienced Its Worst Day Since 2025. Here's Why Investors Shouldn't Worry.
FOREX.com
·
1 hour ago
S&P 500 forecast: SPX struggles for direction ahead of PPI data
Profile
The Jakarta Islamic Index is a stock market index established on July 3, 2000 on the Indonesia Stock Exchange to help facilitate the trading of public companies according to Syariah business code. Following Islamic law prohibits a company from involving itself in activities related to gambling, speculation, and traditional banking and financing. The JII may not list equities that produce or distribute food, drink, or morally harmful items that stand in contradiction with Islamic values.
Unlike the Indonesian Syariah Stock Index that lists all IDX stocks that meet the Syariah code, stocks listed under the JII must meet procedural standards as well as performance requirements, such as:
The share must be listed on the exchange for at least three months prior to application.
The company’s annual or mid-year financial report must have an Obligation Asset ratio of no more than 90%.
Rank in the top 60 shares based on the previous year’s average Market Capitalization.
Rank in the top 30 shares based on the previous year’s average liquidity in the regular market.
A reevaluation of the listed shares is held biannually and the results are publicized in May and in November. Wikipedia