26 Oct, 2016Ahli United Bank lists USD 200 million Sukuk on Nasdaq Dubai
Ahli United Bank, one of Kuwait’s leading financial institutions, listed a 200 million US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange.
It is the third listing on the exchange from Kuwait, underlining the close capital markets ties between Kuwait and the UAE, as well as Dubai’s status as the world’s largest centre for Sukuk listings by value. Sukuk totalling 45.75 billion USD are listed in the Emirate.
Nasdaq Dubai provides Kuwaiti and other issuers with close links to regional and international investors as well as a first class listing infrastructure.
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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