Media ININ Economy We Trust
03-04-2019 Media in\Dubai
NASDAQ Dubai today announced the listing of US $ 1 billion Sukuk issued by the Emirate of Sharjah.
The total value of the Sukuk listed by the Emirate of Sharjah on NASDAQ Dubai so far is US $ 3.45 billion.
The list of dealers and subscription managers included the latest listing of Sukuk: Arab Banking Corporation, Dubai Islamic Bank, HSBC Bank, Kuwait Investment Bank, Sharjah Islamic Bank and Standard Chartered Bank. The list of legal advisors to the Emirate of Sharjah Clifford Chance and Mapples and Calder / Dubai.
The total value of all Sukuk listed in Dubai was US $ 61.34 billion, enhancing Dubai’s position as the world’s largest value-added Sukuk.
NASDAQ Dubai is the global stock exchange for the region between Western Europe and East Asia. The bourse receives issuers from around the world looking to capitalize on regional and international investment opportunities. The stock exchange currently includes shares, derivatives, sukuk / Islamic bonds, conventional bonds and real estate investment funds. Dubai Financial Market (DFM) is the major shareholder in NASDAQ Dubai with a two-thirds stake, while Dubai Exchange has a third of the shares.
The Dubai Financial Services Authority (DFSA) is the regulatory authority of NASDAQ Dubai.
