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Nasdaq Dubai witnessed the listing of a $600 million sukuk by Dar Al Arkan Limited, as part of its $2.5 billion bond issuance programme, which is scheduled to expire in 2029. After the new listing, the total number of sukuk listed by the company on Nasdaq Dubai has reached four, with a total value of $2 billion. This brings the total value of sukuk listed on Dubai Financial Markets to $79 billion, of which $76 billion is listed on Nasdaq Dubai alone, which confirms Nasdaq Dubai’s continuous growth as a leading platform for listing sukuk, which is of paramount importance in the global financial market. 3rd edition Andy Rahija, CEO of Dar Al-Arkan, said: “We are delighted to celebrate the listing of our $600 million Sukuk on Nasdaq Dubai. Achieving and advancing our financial goals. Hamed Ali, Chief Executive Officer of Dubai Financial Market and Nasdaq Dubai, said: “As the international financial exchange in the Middle East, Nasdaq Dubai is keen to continue to enhance growth opportunities and enable a transparent and efficient market for securities issuers such as Dar Al-Arkan, and we confirm that we will continue in our mission to facilitate Access to regional and global investors, and enable companies to increase their capital and achieve their financial goals.
