28 Oct, 2022Nasdaq Dubai welcomes listing of US$ 1 billion Sukuk by the Islamic Development Bank
Nasdaq Dubai, the region's international financial exchange, today welcomed the listing of a US$ 1 billion Sukuk by the Islamic Development Bank (IsDB). This is IsDB’s second Sukuk listing on Nasdaq Dubai in 2022, following a US$ 1.6 Sukuk listing in April.
The new listing strengthens the Bank’s position as the largest supranational institution issuing Sukuk on Nasdaq Dubai with a total value of US$ 17.79 billion currently listed through 14 issuances. It also brought the total value of Sukuk listed in Dubai up to US$ 81.03 billion, reinforcing Dubai’s status as one of the largest Sukuk listing venues globally.
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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