Thursday 19, July 2012 by Robin Amlôt
NASDAQ Dubai welcomes $500 million Emaar Sukuk
The listing is the first by Emaar on NASDAQ Dubai and constitutes the second drawdown under the company’s recently updated $2 billion Trust Certificate Issuance Programme. The Sukuk’s success underlines Emaar's strong value proposition and the credit standing of the company in international financial markets. With the listing by Emaar Properties on NASDAQ Dubai, the total nominal value of the exchange’s listed Sukuk is now $5.5 billion.
