iBoxx Tadawul Government & Agencies Sukuk Index (SAR Hedged)

The iBoxx Tadawul Government & Agencies Sukuk Index (SAR Hedged) measures the performance of SAR- and USD-denominated sukuk issued by the Saudi Arabian central government, central bank or entities with a major focus on government-sponsored, public, noncompetitive services domiciled in Saudi Arabia. The index comprises sukuk that have Saudi Arabia as the country of risk, with a minimum amount outstanding of SAR 100 million for SAR-denominated sukuk and USD 250 million for USD-denominated sukuk. Bonds must have an expected remaining life of less than 15 years at each rebalancing, and USD-denominated bonds must be clearable via Clearstream, Euroclear or Hong Kong CMU to be eligible for inclusion.