15 Feb, 2017Nasdaq Dubai welcomes listing of USD 1 billion Sukuk by Dubai Islamic Bank
It brings the total
DIB’s earlier Sukuk listings comprise a 1 billion USD listing in 2013, two listings in 2015 respectively of 750 million US dollars and 1 billion US dollars, and a listing in 2016 of 500 million US dollars.
The newest DIB listing reinforces Dubai’s position as the world’s largest venue for Sukuk listings by value, raising the total listed in the Emirate to 47.81 billion US dollars.
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)