SUKUK PIPELINE - Issue plans around the world

The Thomson Reuters Global Sukuk Index is at 118.01254 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 116.67223 against 116.56666 at end-June and 113.69014 at end-2014. Sukuk in the pipeline include the following: Malaysia's West Coast Expressway Sdn Bhd plans a guaranteed 1 billion ringgit ($265 million) sukuk murabaha programme to fund a highway project. Bank Muscat has delayed plans to launch a 500 million rial ($1.3 billion) sukuk programme after the central bank rejected the proposal. Turkiye Finans Katilim Bankasi has invited banks to pitch for a potential dollar-denominated sukuk to bolster its supplementary capital.