Nasdaq Dubai welcomes listing of USD 750 million Sukuk by Emirate of Sharjah
Nasdaq Dubai today welcomed the listing of a 750 million US dollar Sukuk issued by the Emirate of Sharjah.
It is the second Sukuk listing this year on Nasdaq Dubai by the Emirate of Sharjah, following a one billion US dollar listing in April. The total value of all the Emirate’s Sukuk listed on the Middle East’s international financial exchange has now reached 4.2 billion US dollars from five listings, with the first listing taking place in 2014.
Dubai’s total Sukuk listings have now reached 63.7 billion US dollars, strengthening Dubai’s role as one of the largest Sukuk listing centres in the world by value.