Dubai – Mubasher: The Islamic Development Bank (IDB) listed on Thursday a $1.25 billion (AED 4.59 billion) sukuk on Nasdaq Dubai, according to a statement.
This is IDB’s seventh sukuk listing on the exchange, making it the largest sukuk issuer on Nasdaq Dubai at $8.55 billion (AED 31.40 billion).
The exchange has 56 sukuk listings amounting to $43.96 billion (AED 161.46 billion), making it the largest exchange in the world for sukuk by value.
