Indonesian Govt Lists 2 Sukuks Of $3 Billion On Nasdaq Dubai

{{#if alert}}

{{msg}}

{{/if}} {{#if confirm}}

{{msg}}

{{/if}} {{#if email}}

Please enter a valid destination email id

{{/if}}

The Indonesian government is the largest sukuk issuer on Nasdaq Dubai by both value and number of listings

Dubai

The government of Indonesia listed two sukuk with a total value of $3 billion on Nasdaq Dubai.

The collaboration underlines the close relations between the UAE and Indonesia, the world’s most populous Muslim country, as well as Dubai’s growth as the global capital of the Islamic Economy, the bourse said in an emailed statement.

The Indonesian government is the largest sukuk issuer on Nasdaq Dubai by both value and number of listings, with securities now totalling $14.5 billion from 10 issuances.

The total value of all sukuk listed on Dubai’s exchanges has now reached $56.47 billion, the largest amount of any listing centre in the world.

Loading...

RECENT NEWS

UAE Targets Islamic Finance And Halal Industry Growth As Bank Deposits Hit $162bn And $86bn Export Target Set

The UAE has launched a bold national strategy to boost Islamic finance and halal industry growth Read more

IHC Launches AI-native Reinsurance Platform RIQ From Abu Dhabi With $1bn Backing

IHC launches RIQ, a next-gen AI-driven reinsurance platform based in Abu Dhabi’s ADGM, backed by $1bn and supported b... Read more

Qatar Tax Authority Extends Fine Waiver Until August 31

Qatar’s General Tax Authority extends its 100 per cent Financial Penalty Exemption Initiative Read more

OpenAI In Discussions With UAEs MGX, Saudis PIF For Its $40bn Funding

Founder Sam Altman has also approached Mukesh Ambani’s Reliance Industries, reports The Information Read more

Sharjah Islamic Bank Strengthens Capital With New Sukuk

This most recent transaction marks the fifth listing by the Bank on Nasdaq Dubai, raising its total listed value on the... Read more

Worlds First Machine Economy Freezone To Launch In UAE  

Pulsar Group and peaq unveil global first in UAE, setting the stage for decentralised, AI-powered smart cities Read more