Nasdaq Dubai today welcomed the listing of two Sukuk tranches issued by the Government of Indonesia, with a total value of $3.25 billion.
The Government of Indonesia is one of the largest Sukuk issuers on Nasdaq Dubai, with the new listings increasing the total value of Sukuk listed by the Government on the stock exchange to $22 billion.
The listings further strengthened Dubai’s position as one of the largest centers for Sukuk listings globally, with a total listed value of $80.9 billion.
Nasdaq Dubai is the region’s international stock exchange, connecting Western Europe and East Asia. The exchange welcomes issuers from all over the world who are looking to keep ahead of regional and international investment opportunities. The exchange currently lists stocks, derivatives, Sukuk (Islamic bonds), conventional bonds, and real estate investment trusts.
With two-thirds ownership in the stock exchange, Dubai Financial Market (DFM) is the largest shareholder, while Borse Dubai owns the remaining one-third of the shares. Nasdaq Dubai is regulated by Dubai International Financial Center-based Dubai Financial Services Authority (DFSA).
