Saturday, 29 October 2016

Ahli United Bank lists US$200 million sukuk on Nasdaq Dubai

Ahli United Bank, one of Kuwait’s leading financial institutions, has listed a US$200 million tranche of 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 4US$5.75 billion have been listed in the Emirate.

Nasdaq Dubai provides issuers with close links to regional and international investors as well as a first class listing infrastructure.

posted from Bloggeroid