05 Mar, 2018Government of Indonesia lists two Sukuk valued at USD 3 billion on Nasdaq Dubai
The collaboration underlines the close relations between the UAE and Indonesia, the world’s most populous Muslim country, as well as Dubai’s growth as the global capital of the Islamic Economy.
The Indonesian government is the largest Sukuk issuer on Nasdaq Dubai by both value and number of listings, with securities now totalling 14.5 billion US dollars from 10 issuances.
The total value of all Sukuk listed on Dubai’s exchanges has now reached 56.47 billion US dollars, the largest amount of any listing centre in the world.
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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Regulated by the Dubai Financial Services Authority (DFSA)