Bloomberg Floats New Islamic Platform

Bloomberg has rolled out its new Bloomberg Islamic Finance Platform.

Bloomberg has rolled out its new Bloomberg Islamic Finance Platform (ISLM), Financial Times reports. The new offering offers extensive resources for Shariah compliant investing in fixed income, equities and money markets to provide more transparency and maximize investment performance, adds Financial Standard. The platform will include news and data covering more than 1,500 Islamic bond issues, 35,000 stocks and 500 funds. Bloomberg has also partnered with Islamic Banking Institutions Malaysia to launch a Malaysian Ringgit sukuk index.

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