03 Apr, 2019Nasdaq Dubai welcomes listing of USD one billion Sukuk by Emirate of Sharjah
The Emirate’s total Sukuk value listed on the Middle East’s financial exchange has now reached 3.45 billion US dollars.
The Joint Lead Managers for the latest Sukuk listing were Arab Banking Corporation, Dubai Islamic Bank, HSBC Bank, KFH Capital Investment Company, Sharjah Islamic Bank and Standard Chartered Bank. The Legal Advisers to the Emirate of Sharjah were Clifford Chance, and Maples and Calder (Dubai).
The total value of all Sukuk listed in Dubai has now reached 61.34 billion US dollars, strengthening Dubai’s role as the largest Sukuk listing centre in the world by value.
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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