IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 116.23797 points, up from 115.79726 at the end of last month. The Thomson Reuters Investment Grade Sukuk Index is at 114.27454 points against 113.69014 at end-December. Some of the sukuk in the pipeline include: Dubai Islamic Bank announced plans for a benchmark-size U.S. dollar sukuk issue to boost its Tier 1 capital. Indonesia plans to issue 7.14 trillion rupiah (US$572 million) of project-based sukuk in 2015 to finance the development of three infrastructure programmes. Turkiye Finans received regulatory approval for a 71 million lira sukuk issue by trailer manufacturer Tirsan Treyler Sanayi ve Ticaret.