Sharjah Lists $750m Sukuk On Nasdaq Dubai
Announcement of second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1bn listing in April
The total value of all the emirate’s sukuk listed on the Middle East’s international financial exchange has now reached $4.2 billion from five listings, with the first listing taking place in 2014.
Nasdaq Dubai on Wednesday welcomed the listing of a $750 million sukuk issued by the emirate of Sharjah.
It is the second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1 billion listing in April, a statement said.
The total value of all the emirate’s sukuk listed on the Middle East’s international financial exchange has now reached $4.2 billion from five listings, with the first listing taking place in 2014.
Dubai’s total sukuk listings have now reached $63.7 billion, strengthening Dubai’s role as one of the largest sukuk listing centres in the world by value.
For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.DIFC Courts Embrace Blockchain Tools For Complex Digital Asset Cases
New custodial and analytics services will allow judges and litigants to better manage disputes involving cryptocurrenci... Read more
UAE Announces Major Changes To Corporate Tax Rules
Changes explain how corporate tax liabilities are settled and give businesses the right to claim payments in certain ca... Read more
Kuwait To Launch Dedicated Banking Crimes Prosecution Office In 2026
New unit in Kuwait will target cyber fraud, cheque offences and financial forgery as authorities step up protection of ... Read more
Islamic Development Bank Approves $1.365bn Financing In 12 Countries
To support development projects, including renewable energy, power networks, transport corridors, water and agricultura... Read more
UAE Tops MENA Crypto Adoption And Ranks 5th Worldwide – Report
World Crypto Rankings 2025 highlights the UAE’s rise as a regional leader in digital assets and tokenisation, with Du... Read more
ADIO, Primavera To Collaborate To Attract High-growth Companies To Abu Dhabi
The partnership will increase cross-border capital flows, deepen investor partnerships and expand the footprint of glob... Read more