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The sukuk making up the Index must be at least $250 million in size, have a maturity of at least one year and a minimum rating of BBB-/Baaa3. [234] In 1998, the FTSE Global Islamic Index was launched. It has 15 Islamic indices for various regions. [234] In 2007, the MSCI Islamic Index series was launched, one of the "MSCI 'Faith-Based' Indexes".