IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 118.12333 points, up from 117.85307 at the end of last month and 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 116.96750 against 116.56666 at end-June and 113.69014 at end-2014. Some of the sukuk in the pipeline are: Malaysia's Sarawak Energy plans to issue 1 billion ringgit ($264 million) of sukuk. The company will offer tenors of 10 and 15 years and for the first time, 20 years. The Bahrain government announced a July 2-7 retail offer of 200 million dinars ($530 million) of 10-year sukuk ijara. Saudi Arabia-based Arab Petroleum Investments Corp mandated four banks for a debut international sukuk issue this year, off a $3 billion sukuk programme.