Friday , November 22 2019

Sharjah lists $750m sukuk at Nasdaq Dubai

DUBAI / WAM

Nasdaq Dubai welcomed the listing of a $750 million issued by the Emirate of Sharjah on Wednesday.
It is the second sukuk listing this year on Nasdaq Dubai by Sharjah, following a one $1 billion listing in April, said a press release issued by Nasdaq Dubai on Wednesday.
The total value of all the Emirate’s Sukuk listed on the Middle East’s international financial exchange has now reached $4.2 billion from five listings, with the first listing taking place in 2014.
Dubai’s total Sukuk listings have now reached $63.7 billion, strengthening Dubai’s role as one of the largest Sukuk listing centres in the world by value.

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