The Dubai Financial Market has announced the revised weights of companies included in the general index, effective from the trading session on Monday, March 23, 2026.
According to the update, Emirates NBD, Dubai Islamic Bank, and Emaar Properties are ranked as the top three companies by weight in the index, each holding a weight of 10%. Following them, Dubai Electricity and Water Authority (DEWA) is in second place with a weight of 9.57%.
The weight of a company in the index is measured by the number of free-floating shares available for trading, after excluding government shares and any ownership stakes of 5% or more held in the company.
Additionally, the Dubai Financial Market announced adjustments to the weights of companies within the Islamic index as part of its quarterly review.
In this update, DEWA, Emaar Properties, and Dubai Islamic Bank are also ranked first among the largest companies by weight in the Islamic index, each with approximately 10%, followed by Emirates Integrated Telecommunications Company (du) at 9.45%.
As per available data, the Dubai Financial Market launched the Islamic index in October 2019, providing traders with a benchmark tool that tracks the performance of Sharia-compliant companies, thereby facilitating better trading decisions.
Largest Companies by Weight in the General Index
Dubai Islamic Bank 10 %
Emaar Properties 10 %
Emirates NBD 10 %
Dubai Electricity and Water Authority 9.57 %
du 7.27 %
Emaar Development 6.40 %
Dubai Commercial Bank 6.02 %
Dubai Investments 5.69 %
Air Arabia 5.37 %
Salik 5.35 %
Largest Companies by Weight in the Islamic Index
Emaar Properties 10 %
Dubai Electricity and Water Authority 10 %
Dubai Islamic Bank 10 %
Emirates Integrated Telecommunications 9.45 %
Emaar Development 8.32 %
Dubai Investments 7.40 %
Air Arabia 6.98 %
Salik 6.96 %
Gulf Navigation Holding 2.84 %
Union Cooperative 2.69 %