Dow Jones Citigroup Sukuk Index launched


  • Business
  • Saturday, 18 Mar 2006

KUALA LUMPUR: Citigroup Corporate & Investment Banking and Dow Jones Indexes launched the Dow Jones Citigroup Sukuk Index yesterday, the first index that measures performances of global funds that comply with Islamic investment guidelines. 

The index includes investment-grade, US dollar-denominated Islamic bonds known as Sukuk that are issued in the global market. It currently consists of Malaysia Global Sukuk, Sarawak Sukuk, Islamic Development Bank, Solidarity Trust Services Ltd, BMA International Sukuk, Qatar Global Sukuk and Dubai Global Sukuk. 

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