PETALING JAYA: MRT Corporation expects Danainfra Nasional Bhd to issue another round of sukuk by year-end for the purpose of financing the Sungai Buloh-Kajang MRT project. When asked about the expected value, MRT Corporation chief executive officer Datuk Wira Azhar Abdul Hamid said it would depend on the company's cash flow requirements at the time, but noted, it would not be big.

DUBAI: Following are major Islamic bond issues in the global pipeline.

The Thomson Reuters Global Sukuk Index is at 112.04102 points, up from 112.02826 at the end of last month and 109.78969 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 109.26628 points, down from 109.26817 at end-March but up from 107.28036 at the end of 2013.

KUALA LUMPUR/SYDNEY: Issues of Islamic bonds targeting retail investors in Indonesia, Malaysia and Pakistan could broaden the appeal of sharia-compliant financial products, create a more active investor base and convince more companies to raise funds with sukuk.

[KUALA LUMPUR] Malaysia's DanaInfra Nasional Bhd, created by the finance ministry to raise funds for the country's largest infrastructure project, may issue and list on the stock exchange this year as many as two Islamic bonds worth RM100 million (S$38.5 million) each, an official with the bourse said.

Last year, the Fiscal Policy Committee (FPC) decided that priority will be given to jobs with low import content and high-multiplier effects, while those with high import components will be sequenced, to narrow the government's fiscal deficit gap and bolster shrinking current account surplus.

KUALA LUMPUR: DanaInfra Nasional Bhd, created by the Finance Ministry to raise funds for the country's largest infrastructure project, may issue and list on the stock exchange this year as many as two Islamic bonds worth RM100mil each, according to a Bursa Malaysia official.