Wednesday, Jun 22, 2016

Abu Dhabi: The chairman of Emirates Islamic rang the market-opening bell on Wednesday to mark the listing of a $750 million sukuk by the bank on Nasdaq Dubai.

The nominal value of sukuk currently listed on Nasdaq Dubai has reached $41.81 billion — the largest total of any exchange in the world, the market said in a statement. Total current sukuk listings on Dubai exchange stand at $44.56 billion.

Officials said Dubai’s exchanges are further enhancing their commercial and regulatory infrastructure to boost listings.

Staff Report

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