Idealratings releases Sukuk screening solution and Sukuk indexes

IdealRatings Inc. has announced the launch of the first ever Sukuk Shariah Screening Solution. The research-based online screening service is designed to serve Islamic investors and treasuries aiming to balance their portfolios with low risk fixed income instruments yet conform to the mandates defined by their Shariah boards. The Sukuk Screening Solution enables investors to screen Sukuk against different Shariah guidelines in the market such as AAOIFI, OIC, Malaysia Securities Commission (SC) as well as defining their own custom composite Shariah guidelines. IdealRatings has also designed and launched a series of Sukuk indexes, to empower the Sukuk service clients with benchmarks essential for Islamic fixed income portfolio management. The Index Family constitutes Five US Dollar indices with different segmentations.