IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 117.18203 points, down from 117.48601 at the end of last month but up from 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 115.24315 against 115.34912 at the end of January and 113.69014 at end-2014. The sukuk in the pipeline include: Jordan Islamic Bank plans a 10-year local currency sukuk issue by year-end. The Turkish Treasury said it would issue two-year, lira-denominated sukuk on Feb. 18 in volume of 1.8 billion lira ($736 million). Abu Dhabi Islamic Bank plans to issue capital-boosting Islamic bonds in Malaysia. Qatar International Islamic Bank is seeking shareholder approval to raise up to 3 billion riyals ($825 million) through a capital-boosting sukuk issue.