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24 October 2019
SUKUK

Sharjah lists $750 million Sukuk on Nasdaq Dubai

The financial exchange’s Sukuk listings have now reached $ 63.7 billion, strengthening Dubai’s role as one of the largest Shari’ah compliant listing centres in the world by value.

SHUTTERSTOCK/ABRAR SHARIF

Sharjah has listed $750 million Sukuk on Nasdaq Dubai, the second Islamic bond listing this year the exchange by the emirate following a $1 billion listing in April 2019.

Nasdaq Dubai stated that 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. 


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