Ahli United Bank lists $200 million Sukuk on Nasdaq Dubai

Dubai: Ahli United Bank, one of Kuwait’s leading financial institutions, listed a $200 million (Dh734 million) sukuk 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 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.