The Bloomberg Sukuk Market Return Index (BMSSUTR) inched up 0.06% W-o-W (vs. -0.08% in week prior) to 119.90, bringing YTD returns to 1.44%. »

A report released by the MIFC presents an overview of the Sukuk market during the first quarter of 2015. »

Sukuk issuances in April 2015 declined in terms of both value and number; by value decreased 84% y-o-y to USD0.7bn. »

The Bloomberg Sukuk Market Return Index (BMSSUTR) fell by 0.09% W-o-W (vs. +0.17% in week prior) to 120.06, bringing YTD returns to 1.58% (vs. 1.67% in week prior). »

Emirates Airline sukuk was priced lower at 2.471% as compared to Noor Bank 2.788%. »

It was interesting to observe Middle East buyers taking up only 2% of the 30 year sovereign Sukuk issued by Malaysia (the 10 year issuance allocation consisted of 24% Middle East buyers). »

The second quarter may offer new Sukuk issuances as tensions rise in Middle East. Malaysia this week kicked off roadshows whilst a preliminary A- rating by S&P was assigned. »

The United Kingdom and Hong Kong push ahead with Islamic Finance ambitions. »

Recent market updates within the Islamic Finance Sukuk sector as the market displayed signs of increased activity. »

Indonesia’s Islamic bond market is the second largest in emerging East Asia in terms of size. However, the pace of growth of its sukuk market pales in comparison to the robust growth of its conventional bond market. The Indonesian sukuk market is still in a nascent stage of development and accounts for only 7.4% of the total bond market. The outstanding stock of Indonesia’s sukuk market reached US... »