Nasdaq Dubai on Wednesday welcomed the listing of a $750 million sukuk issued by the emirate of Sharjah.
It is the second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1 billion listing in April, a statement said.
The total value of all the emirate’s sukuk listed on the Middle East’s international financial exchange has now reached $4.2 billion from five listings, with the first listing taking place in 2014.
Dubai’s total sukuk listings have now reached $63.7 billion, strengthening Dubai’s role as one of the largest sukuk listing centres in the world by value.
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