The government of Indonesia has listed two sukuk with a total value of $3 billion on Nasdaq Dubai.
The collaboration underlines the close relations between the UAE and Indonesia, the world’s most populous Muslim country, as well as Dubai’s growth as the global capital of the Islamic economy, a statement said.
It added that the Indonesian government is the largest sukuk issuer on Nasdaq Dubai by both value and number of listings, with securities now totalling $14.5 billion from 10 issuances.
The total value of all sukuk listed on Dubai’s exchanges has now reached $56.47 billion, the largest amount of any listing centre in the world.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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