IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 116.87897 points, up from 115.79726 at the end of last month. The Thomson Reuters Investment Grade Sukuk Index is at 114.80806 points against 113.69014 at end-December. The sukuk in the pipeline include: Ivory Coast plans to make a debut 200 billion CFA franc ($340 million) sukuk issue in 2015. International Bank of Azerbaijan also plans to issue $200-300 million of debut sukuk this year. Malaysia's UniTapah Sdn Bhd plans to issue up sukuk murabaha of up to 600 million ringgit. Kenya will issue its debut sukuk in the next financial year to June 2016.