GLOBAL: Bloomberg Indices has launched the Bloomberg Shariah Sukuk Indices to track the performance of global Sukuk markets. The new Sukuk indices cover multiple currencies and segments including multi-currency, US dollar-denominated, investment grade and high yield as well as regional segments including emerging markets and the GCC.
Bloomberg announced the indices were developed using Bloomberg Indices’ standard rules-based fixed income index framework, incorporating Shariah compliance assessment from IdealRatings based on AAOIFI standards.
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