Dubai - Mubasher: NASDAQ Dubai announced Monday that $1.2 billion sukuk have been listed by DP Group, raising its total number of sukuk by 4% to reach $44.56 billion up from $42.81 billion.
DP World listed its sukuk on NASDAQ Dubai on 1 June 2016. It is the company’s fourth debt listing on the exchange, according to the bourse’s statement.
“Our Sukuk listing fits with the vision of our leaders to position Dubai as the capital of the Islamic Economy globally. The demand for it illustrates the positive outlook on our strategic growth and confidence in the strength of our global network across six continents,” commented Sultan Ahmed Bin Sulayem, DP World Group chairman and CEO during the ringing of the market-opening bell.
The last sukuk issuance NASDAQ received was worth $750 million and was listed by Emirates Islamic Bank (EIB).
