Dear Mohd

Some Middle East stock market indices to choose from are: Bahrain All Share, EGX 100 (Egypt), ISX Main 60 (Iraq), Amman SE Allshare (Jordan), Main Market PR (Kuwait), Beirut Stock, MSM 30 (Oman), Al-Quds (Palestine), QE Allshares (Qatar), Tadawul Allshares (Saudi Arabia), ADX General and DFM General (United Arab Emirates). You could also form a portfolio of the stock indices.

Addendum, one of the oldest stock exchanges is the Casablanca Stock Exchange providing the indices MASI ( Moroccan All Shares Index) and MADEX (Moroccan Most Active Shares Index) and of course the Borsa Istanbull 100 Index.

Dear naved

first of let you be cleared that in which context you are asking about.do not get confused on Islamic banks and islamic finance but if you like to know to study islamic index then explore below mentioned links

Tadawul Allshares (Saudi Arabia), ADX General and DFM General (United Arab Emirates)

And Naved plz go through http://www.cbb.gov.bh/page-p-international_islamic_financial_markets_conference.htm

I am an expert in Islamic Banking and finance

feel free to contact me if any doub arises

Is Islamic finances the same composition of economic, financial, market, stock exchange, etc. indices necessary to carry out fundamental and technical analysis carried out for the purpose of making investment decisions, invest in securities and other securities market instruments and other segments of financial markets as in finance in Western countries?

Best wishes