18 Mar, 2018Nasdaq Dubai welcomes USD 1.25 billion Sukuk listing by Islamic Development Bank
Nasdaq Dubai welcomed the listing today of a 1.25 billion US dollar Sukuk by the Islamic Development Bank (IDB),
The listing brings the number of Sukuk listings by the IDB on the exchange to nine with a total value of 11.5 billion US dollars, making it one of the largest Sukuk issuers on Nasdaq Dubai.
IDB’s Sukuk
Nasdaq Dubai provides the IDB and its other regional and international issuers with close links to investors around the world as well as a first class listing infrastructure.
IDB’s latest listing underlines Dubai’s role as the leading global centre for Sukuk listings by value, currently totaling 57.715 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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