IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 117.48601 points, up from 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 115.34912 against 113.69014 at end-2014. Some of the sukuk in the pipeline are: Ivory Coast plans to make a debut 200 billion CFA franc ($340 million) sukuk issue in 2015. Qatar Islamic Bank plans to raise up to 2 billion riyals ($549 million) through a capital-boosting sukuk issue. The Islamic Corporation for the Development of the Private Sector plans to tap Islamic capital markets to raise as much as $1.2 billion in long-term funds during its current financial year.