profile search
TR ALL SUK Index
.TRUSDALL
Currency:
Last Price
121.78
02:00 GMT 28 MAR 2017
Price Change (% chg)
0.02%
Net Change
0.02
Year's Low
119.80
Year's High
121.76
Day's Low
121.78
Day's High
121.78
Previous Close
121.76
Open
121.78
Background

The Thomson Reuters Global Sukuk Index is an independent and transparent benchmark for investors seeking exposure to sukuk (Shariah-compliant) fixed-income investments, to be used to monitor the performance of the sukuk market. 

Pricing evaluations are produced using two primary methodologies: Model and Dollar Pricing. Most issues priced by the model approach incorporate a benchmark for each market, credit spreads and other variables. Dollar pricing is applied mainly to issues that are unique in their structure or to high –yield securities particularly when the issuer of those securities has defaulted on a bond or has fallen below investment grade. All issues are individually priced and inputs include quotes from the primary dealer and other market makers, and traded prices in the security. 

The index is dollar denominated and rules for inclusion will be sukuk with amount outstanding of not less than $100 million and above.