22 Sep, 2023Government of the Emirate of Sharjah lists USD 750 million Sukuk on Nasdaq Dubai
The Government of Sharjah has listed a USD 750 million Sukuk on Nasdaq Dubai. With the addition of this latest Sukuk, the overall value of sukuk listings in Dubai now reaches USD 81 billion, with USD 79 billion listed on Nasdaq Dubai alone.
This latest Sukuk adds to the Government of Sharjah's portfolio of Nasdaq Dubai-listed Sukuk totalling USD 5.9 billion under the Sharjah Sukuk Program Ltd. The Government of Sharjah’s latest Sukuk was listed on September 19, 2023.
From January to September 2023, 12 Sukuks with a total value of USD 8.32 billion were successfully listed on Nasdaq Dubai. This growth underscores the exchange’s pivotal role as the leading platform for Sukuk listings and reaffirms its importance in the global financial market.
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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