25 Nov, 2025Nasdaq Dubai welcomes USD 750 Million Sukuk by Sharjah Government
Nasdaq Dubai today welcomed the listing of a USD 750 million Sukuk issued by the Government of the Emirate of Sharjah, acting through the Sharjah Finance Department. The Sukuk was issued under Sharjah’s Trust Certificate Issuance Programme.
The 10.5 year Sukuk, maturing in 2036, carries a semi-annual profit rate of 5.192%. It attracted strong investor appetite, with final order books reaching USD 1.7 billion excluding joint lead managers, after initially peaking near USD 2 billion. The Government of Sharjah now has a total of USD 8.82 billion in outstanding Sukuk listed on Nasdaq Dubai.
With this new listing, the total value of outstanding Sukuk listed on Nasdaq Dubai has reached USD 103 billion, further cementing its role as a global hub for Islamic finance and the preferred venue for fixed income listings.
Nasdaq Dubai, formerly DIFX, is the international financial exchange in the Middle East. It allows companies to benefit from a unique investor pool that combines regional and international wealth, making it a globally unique platform for companies to raise money and for investors to find exciting opportunities.
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