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Turkey dominates Muslim worlds top 100 companies list
With 20 companies, Turkey has the highest number of companies listed in the Top 100 Companies of the Muslim World: 2010 DS100 Ranking.
DinarStandard, a research and advisory company that specializes in emerging Muslim markets, has issued the seventh annual 2010 DS100 ranking, the result of research conducted on companies in the 57 member countries of the Organization of the Islamic Conference (OIC).
According to the latest report, Turkey leads the list in terms of having the most companies represented, with 20 companies in the DS100 ranking. The report also states that Turkish companies present the widest and most diverse sector representation of any country in the report. This should come as no surprise, given the fact that Turkey has the largest OIC economy, as measured by gross domestic production [GDP] output, the report stated.
With its 2009 end-of-year revenue at $28.9 billion, Koç Holding was the top Turkish company and ranked 10th on the list among 100 companies in the 57 OIC member countries. This was followed by Sabancı Holding, which ranked 16th, with $12.1 billion. Yıldız Holding (ranked 18th with 2009 revenue of $10.9 billion) and İş Bankası (19th with 2009 revenue of $10.8 billion) were other big Turkish companies who made the list.
The remaining Turkish companies in the DS100 were Ziraat Bankası (24th), Akbank (31st), Doğan Holding (35th), Turkcell (40th), Enka Holding (45th), Doğuş Holding (47th), Halkbank (48th), VakıfBank (51st), Turkish Airlines (THY) (56th), Türkiye Elektrik Üretim İletim A.Ş. (Turkey Electric Production and Communication) (64th), BİM (77th), Ereğli Demir-Çelik (Ereğli Iron-Steel) (79th), Selçuk Ecza Deposu (Selçuk Pharmaceuticals) (83rd), Eczacıbaşı Holding (88th), Vestel (90th), Ciner Grubu (98th).
The top of the list was occupied by the worlds top oil producer, Saudi Arabian Oil Co., with 2009 revenues of $182.4 billion. This was followed by other oil companies, including National Iranian Oil Company ($79.28 billion), which ranked second, and Petroliam Nasional Bhd. from Malaysia ($70.87 billion), which ranked third. The report underlined that the energy sector had continued its dominance by listing 19 companies on the list. The combined revenue of these companies in 2009 was $642 billion.
The 2010 DS100 list had 56 publicly traded companies from 11 countries, compared to the 2009 list, where 58 companies from 13 countries were listed. Turkeys Koç Holding, a diversified electronics, automotive, energy, finance and retail giant, was the largest publicly traded company on the list, followed by Saudi Basic Industries Corporation (SABIC) and the Saudi Telecom Company, which ranked eighth and 13th, respectively.
Consumer Brands of the Top 100 Companies in the Muslim World (2010)
Top 100 Companies of the Muslim World: 2010 DS100 Ranking « BLOG OF KNOWLEDGE (Shari'ah, Law, Islamic Finance and Muslim News)
Turkey dominates Muslim world
Top 100 Companies of the Muslim World: 2010 DS100 Ranking
With 20 companies, Turkey has the highest number of companies listed in the Top 100 Companies of the Muslim World: 2010 DS100 Ranking.
DinarStandard, a research and advisory company that specializes in emerging Muslim markets, has issued the seventh annual 2010 DS100 ranking, the result of research conducted on companies in the 57 member countries of the Organization of the Islamic Conference (OIC).
According to the latest report, Turkey leads the list in terms of having the most companies represented, with 20 companies in the DS100 ranking. The report also states that Turkish companies present the widest and most diverse sector representation of any country in the report. This should come as no surprise, given the fact that Turkey has the largest OIC economy, as measured by gross domestic production [GDP] output, the report stated.
With its 2009 end-of-year revenue at $28.9 billion, Koç Holding was the top Turkish company and ranked 10th on the list among 100 companies in the 57 OIC member countries. This was followed by Sabancı Holding, which ranked 16th, with $12.1 billion. Yıldız Holding (ranked 18th with 2009 revenue of $10.9 billion) and İş Bankası (19th with 2009 revenue of $10.8 billion) were other big Turkish companies who made the list.
The remaining Turkish companies in the DS100 were Ziraat Bankası (24th), Akbank (31st), Doğan Holding (35th), Turkcell (40th), Enka Holding (45th), Doğuş Holding (47th), Halkbank (48th), VakıfBank (51st), Turkish Airlines (THY) (56th), Türkiye Elektrik Üretim İletim A.Ş. (Turkey Electric Production and Communication) (64th), BİM (77th), Ereğli Demir-Çelik (Ereğli Iron-Steel) (79th), Selçuk Ecza Deposu (Selçuk Pharmaceuticals) (83rd), Eczacıbaşı Holding (88th), Vestel (90th), Ciner Grubu (98th).
The top of the list was occupied by the worlds top oil producer, Saudi Arabian Oil Co., with 2009 revenues of $182.4 billion. This was followed by other oil companies, including National Iranian Oil Company ($79.28 billion), which ranked second, and Petroliam Nasional Bhd. from Malaysia ($70.87 billion), which ranked third. The report underlined that the energy sector had continued its dominance by listing 19 companies on the list. The combined revenue of these companies in 2009 was $642 billion.
The 2010 DS100 list had 56 publicly traded companies from 11 countries, compared to the 2009 list, where 58 companies from 13 countries were listed. Turkeys Koç Holding, a diversified electronics, automotive, energy, finance and retail giant, was the largest publicly traded company on the list, followed by Saudi Basic Industries Corporation (SABIC) and the Saudi Telecom Company, which ranked eighth and 13th, respectively.
Consumer Brands of the Top 100 Companies in the Muslim World (2010)
Top 100 Companies of the Muslim World: 2010 DS100 Ranking « BLOG OF KNOWLEDGE (Shari'ah, Law, Islamic Finance and Muslim News)
Turkey dominates Muslim world
Top 100 Companies of the Muslim World: 2010 DS100 Ranking
