Nasdaq Dubai has welcomed the listing of a $1 billion US dollar sukuk issued by the government of Hong Kong.
It brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to $3 billion, following two previous listings of $1 billion in 2014 and 2015.
The new listing strengthens Dubai’s position as the world’s largest venue for sukuk listings by value, raising the total listed in the emirate to $48.81 billion.
Nasdaq Dubai said in a statement that the listings are from a wide range of government, multilateral and corporate issuers across the MENA region and East Asia.
The Hong Kong government’s latest Sukuk listed on Nasdaq Dubai on Wednesday.For all the latest market 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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