Dubai, September 8, 2016 - Two Sukuk were listed on Nasdaq Dubai today, one with a value of 500 million US dollars issued by  Sharjah Islamic Bank (SIB) and the other a 250 million US dollar issuance from Emirates Islamic.

The listings raised the total value of Sukuk listed in Dubai to 44.8 billion US dollars, reinforcing the emirate's stature as the largest Sukuk listing centre in the world by value.

SIB's listing follows two earlier Sukuk listings by the bank on the region's international exchange in April 2013 and April 2015, each of 500 million US dollars.  Emirates Islamic now has four Sukuk listings on Nasdaq Dubai, following two listings of 500 million US dollars each in September 2013 and a 750 million US dollar listing in June 2016.

About Nasdaq Dubai
Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds), conventional bonds and Real Estate Investment Trusts (REITS).

The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake.  Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).

© Press Release 2016