Majid Al Futtaim lists $500m sukuk on Nasdaq Dubai

Dubai-Mubasher: Majid Al Futtaim Holding listed $500 million of sukuk on Nasdaq Dubai, according to a bourse filing on Sunday.

The company’s total value of Sukuk listings in 2015 reached $13.25 billion, more than the total value listed during the year on the next three largest exchanges in the world combined.

After Majid Al Futtaim’s listing on 4 November, the total nominal value of Sukuk listed in Dubai has reached $36.8 billion, beating any other exchange in the world.

Following a $400 million listing in 2013, the Sukuk is the second to be listed by Majid Al Futtaim on the exchange, according to the statement.

 

Mubasher Contribution Time: 13-Dec-2015 07:05 (GMT)