Dubai – Ahli United Bank, one of Kuwait’s leading financial institutions, listed a 200 million US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange.
It is the third listing on the exchange from Kuwait, underlining the close capital markets ties between Kuwait and the UAE, as well as Dubai’s status as the world’s largest centre for Sukuk listings by value. Sukuk totalling 45.75 billion USD are listed in the Emirate.
Nasdaq Dubai provides Kuwaiti and other issuers with close links to regional and international investors as well as a first class listing infrastructure.
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
