Dubai – Mubasher: The Nasdaq Dubai exchange welcomed the listing of a 10-year $1 billion sukuk issued by the Emirate of Sharjah, the UAE-based bourse announced on Thursday.
The new listing increased the total value of sukuk listed in Dubai to $56.465 billion, Nasdaq Dubai revealed.
Sharjah listed $750 million and $500 million sukuk in 2014 and 2016, respectively.
“Nasdaq Dubai provides the Emirate of Sharjah and its other issuers with a first class listing infrastructure as well as close links to investors in the region and around the world,” the regional and global stock exchange said.
