NASDAQ Dubai today welcomed the inclusion of US $ 1 billion Sukuk issued by the Emirate of Sharjah, in a statement Namazin obtained a copy of.
The total value of the Sukuk that the Emirate of Sharjah has listed on NASDAQ Dubai so far is US $ 3.45 billion.
The list of dealers and subscribers' record managers for the most recent listing of the Sukuk included: Arab Banking Corporation, Dubai Islamic Bank, HSBC Bank, KFH Capital Investment Company, Sharjah Islamic Bank and Standard Chartered Bank. Sharjah Legal Advisors included Clifford Chance and Maples and Calder (Dubai).
It is worth noting that, the total value of all the Sukuk listed in Dubai amounted to 61.34 billion USD, which enhances the role of Dubai as the largest center for listing Sukuk by value in the world.
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