From Bernama: The Association of Islamic Banking Institutions Malaysia (AIBIM) is working to develop a Malaysian ringgit sukuk index.
The index is to measure the performance of highly liquid, high grade bonds, including on-the-run ringgit denominated sukuk in Malaysia, and will be mainly for use as the benchmark for investors seeking exposure to Syariah-compliant fixed-income securities, it said in a statement Thursday……………………………………….Full Article: Source