UAE - Mubasher: Nasdaq Dubai has welcomed the listing of $200 million Sukuk issued by GFH Financial Group (GFH), according to a press release on Wednesday.
The group will benefit from its second Sukuk listing on Nasdaq Dubai to strengthen its balance sheet, diversify its income, and support its growth and development.
In February 2020, the group listed $300 million Sukuk on the region's international financial exchange.
Dubai’s Sukuk listings are valued at $64.5 billion, with UAE issuers accounting for 44% of the total.
Commenting on the group's Sukuk listings, the Chief Executive of Nasdaq Dubai, Hamed Ali, said: "As the region’s international exchange, Nasdaq Dubai provides GFH and other Sukuk issuers on its market with excellent investor links and a high public profile."
GFH is listed on Bahrain Bourse (BHB), Boursa Kuwait, and the Dubai Financial Market (DFM).
