Dubai-Mubasher: Nasdaq Dubai saw the listing of shares worth $300 million by Islamic Corporation for the Development of the Private Sector (ICD), according to ICD’s CEO Khaled Al Aboodi.
The total nominal value of sukuk currently listed in Dubai reached $42.61 billion, according to a statement.
The sukuk issued by ICD, the private sector arm of the Islamic Development Bank (IDB) Group, was listed on April 14, 2016.
IDB has seven other sukuk currently outstanding on Nasdaq Dubai that have listed since 2014, with a total nominal value of $8.05 billion.
