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$750m Emaar sukuk listed on Nasdaq Dubai

DUBAI, September 19, 2016

Emaar Properties, a leading Dubai-based developer, listed a $750 million sukuk today on Nasdaq Dubai, the region’s international financial exchange.  

The listing has raised the total value of sukuk listed in Dubai to $45.55 billion, underlining the emirate’s position as the world’s largest sukuk listing centre by value, said a Nasdaq Dubai statement.

A $500 million sukuk issued by Emaar Properties in July 2012 is also listed on the exchange.

So far this year, Nasdaq Dubai has listed 14 sukuk with a total value of $10 billion, the statement said.

 




Tags: Emaar | Dubai | Nasdaq |

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