Nasdaq Dubai welcomes listing of $200 million sukuk by Sharjah

Dubai: Nasdaq Dubai said on Thursday it has listed $200 million (Dh734.5 million) Sukuk issued by Sharjah emirate.

It is the emirate’s second Sukuk listing on the exchange this year, following a $1 billion listing in March.

The total value of Sukuk listings on Nasdaq Dubai by Sharjah has now reached $2.45 billion, including listings of $750 million and $500 million in 2014 and 2016 respectively.

The latest listing, which took place on December 19, has raised the total value of Sukuk currently listed in Dubai to $60.39 billion, the largest amount of any listing centre in the world.

A total of 14 Sukuk valued at $11.99 billion have been listed in 2018.