Nasdaq Dubai has welcomed the listing of a 500 million US dollar Sukuk and a 500 million US dollar conventional bond issued by global trade enabler DP World.
DP World is the largest UAE debt issuer by value on the region’s international exchange, with Sukuk and conventional bond listings now totalling 9.09 billion US dollars.
DP World operates a geographically diverse network of trade enabling businesses including ports and terminals, industrial parks, logistics and economic zones, maritime services and marinas.
DP World’s latest Sukuk listing underlines Dubai’s role as one of the largest global centres for Sukuk listings by value, with a current total of 58.7 billion US dollars.
The Sukuk and bond listed on Nasdaq Dubai on September 30, 2019.