IslamicFinance.de

The Thomson Reuters Global Sukuk Index is at 117.83027 points, up from 117.69120 at the end of last month and 115.79726 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 116.41248 against 116.46023 at end-August and 113.69014 at end-2014. Some of the sukuk in the pipeline are: SapuraKencana Petroleum, a Malaysian oil and gas services firm, said in early September it would launch a $200 million sukuk, to be issued on Sept. 8. State-owned public transport operator Prasarana Malaysia said in early September it would fund Malaysia's light rail transit three project via sukuk, with the coupon to be decided later. Turkiye Finans Katilim Bankasih has applied to raise up to 1.5 billion lira ($513 million) via sukuk.