Emaar Properties lists USD 750 million Sukuk on Nasdaq Dubai
Emaar Properties listed a 750 million US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange.
The listing has raised the total value of Sukuk listed in Dubai to 45.55 billion US dollars, underlining the emirate’s position as the world’s largest Sukuk listing centre by value.
A 500 million US dollar Sukuk issued by Emaar Properties in July 2012 is also listed on the exchange.
So far this year Nasdaq Dubai has listed 14 Sukuk with a total value of 10 billion US dollars.