Tag: Islamic Finance
IdealRatings and FTSE Russell launch the FTSE IdealRatings Sukuk Index
San Francisco – London, October 2020 IdealRatings Inc. launched the FTSE IdealRatings Sukuk Index in June in collaboration with global index provider FTSE Russell, incorporating IdealRatings’ Sukuk Shariah compliance screening methodology into the existing FTSE Sukuk Index methodology. The FTSE IdealRatings Sukuk Index tracks the performance of US Dollar-denominated, investment-grade Sukuk that are issued in the global markets, providing investors with a transparent and objective measure of the market, enriched with best-in-class analytics capabilities available through the Yield Book platform. The screening of Shariah compliance for global Sukuk is based on the authentic methodology developed by IdealRatings, which is a ... Read more