IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 117.50283 points, up from 117.48601 at the end of last month and 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 115.60967 against 115.34912 at the end of January and 113.69014 at end-2014. Sukuk in the pipeline include: Emirates airline hired banks to help it arrange a sukuk issue of up to $1 billion, backed by UK Export Finance. The Malaysia-based International Islamic Liquidity Management Corp will auction $490 million worth of three-month sukuk and $500 million of six-month sukuk on Feb. 24. Oman's government is expected to conduct its first sukuk issue, for 200 million rials ($520 million), this year.