IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 117.69120 points, down from 118.20147 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 116.46023 against 116.92144 at end-July and 113.69014 at end-2014. Some of the sukuk in the pipeline are: Malaysia's Tenaga Nasional Bhd said in late August it would raise up to 10 billion ringgit ($2.39 billion) with sukuk to build and operate a power plant project. International Finance Corp, a unit of the World Bank, planned to meet fixed income investors from Aug. 31 ahead of a potential issue of U.S. dollar-denominated sukuk. Aluminium Bahrain is seeking a credit rating ahead of talks with banks about fund-raising.