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

BNY Mellon Lands A Big Ally For Expansion In Saudi Arabia

NCB Capital is the kingdom's biggest asset manager and investment bank Read more

Coronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers

Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more

Abu Dhabi Fund Buys $750m Stake In Retail Arm Of Indian Giant Reliance

Subsidiary of the Abu Dhabi Investment Authority will buy a 1.2% stake in Reliance Retail Ventures Read more

How The Lebanese Private Sector Is Coping In The Eye Of A Storm

Businesses extremely pessimistic about future as layoffs continue and wages plummet Read more

Lebanese Pound: The Most Undervalued Currency In The World

As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more

How Coronavirus Is Changing Banking For The Better

Redefining finance for good: Virtual CXO Forum to take place on October 7 Read more