By Staff writer
New listing strengthens Dubai’s position as the world’s largest venue for sukuk listings by value
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.