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Jun 19 2011

Bloomberg launches Malaysian Sukuk index

By Blake Goud Bloomberg is continuing to expand its Shari'ah-compliant fixed income index universe - a part of its Islamic Finance Platform- with the launch of the Bloomberg Malaysian Foreign Currency Sukuk Index, developed in conjunction with Bank Negara, the Malaysian central bank.

This follows the development of the Bloomberg-AIBIM-Bursa Malaysia Sovereign Shariah Index, which includes Ringgit-denominated Malaysian government sukuk. Bloomberg did not provide any details about future index additions. A spokesperson told The Islamic Globe that they are "always exploring ideas to expand our index family."

© The Islamic Globe 2011

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