IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 115.78256 points, up from 115.41158 at the end of last month and 109.78969 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 113.90126 points, against 113.67021 at end-October and 107.28036 at the end of 2013. Several sukuk issues are in the pipeline, including: The Tunisian government picked banks for a debut U.S. dollar sukuk issue, expected to be completed this year. The Islamic unit of Oman's Bank Muscat plans to tap the sukuk market in the first quarter of next year. Turkish Islamic bank Kuveyt Turk mandated CIMB Investment Bank, Kuwait Finance House and Maybank Investment Bank to issue up to 2 billion ringgit of sukuk in Malaysia.