SUKUK PIPELINE - Issue plans around the world

The Thomson Reuters Global Sukuk Index is at 118.28847 points, down from 118.50812 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 117.13915 against 117.54139 at end-April and 113.69014 at end-2014. Sukuk in the pipeline include: The government of Hong Kong hired four banks for a possible offer of U.S. dollar Reg S-only sukuk. Oman plans to sell its first sovereign Islamic bond, an issue of 200 million rials ($520 million) of sukuk. Malaysia's Aeon Credit Service said in mid-May it planned to raise 1 billion ringgit ($276.6 million) via sukuk murabaha for working capital, repayment of debt and financing for customers.