The government of Indonesia has listed two sukuk worth a combined US$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 Indonesian government is the largest sukuk issuer on Nasdaq Dubai by both value and number of listings, with securities now totalling US$14.5 billion, from 10 issuances.
The total value of all sukuk listed on Dubai’s exchanges has now reached US$56.47 billion, the largest amount of any listing centre in the world.
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 Indonesian government is the largest sukuk issuer on Nasdaq Dubai by both value and number of listings, with securities now totalling US$14.5 billion, from 10 issuances.
The total value of all sukuk listed on Dubai’s exchanges has now reached US$56.47 billion, the largest amount of any listing centre in the world.