Nasdaq Dubai welcomes listing of $1.25bln Sukuk by IDB

27/09/2017 13:23 AST

Nasdaq Dubai has welcomed the listing of a US$1.25 billion Sukuk issued by the Islamic Development Bank, IDB.

The listing brings the number of Sukuk listings by the IDB on the exchange to eight with a total value of $10.25 billion, making it one of the largest Sukuk issuers on Nasdaq Dubai. Based in Saudi Arabia, the IDB has 57 member countries and its activities are designed to foster their economic development and social progress.

Nasdaq Dubai provides the IDB and its other regional and international issuers with close links to investors around the world as well as a first class listing infrastructure.

IDB’s latest listing underlines Dubai’s stature as a leading global centre for Sukuk activity, with Sukuk listings in the Emirate currently totaling $52.465 billion.


WAM

Most Viewed Companies

Ticker Price Volume
QNBK 195.00 109,596
APPC 53.30 91,215
JARIR 152.20 135,910
SABIC 118.40 1,929,555
ALMARAI 50.30 247,765
OFCI 0.07 128,753
GUCIC 13.90 117,488

Recent News

Saudi SME sector groomed to be key engine for growth

13/12/2018

The Saudi Arabian General Investment Authority (SAGIA), represented by the Deputy Governor for the Development of Investment Environment, Dr. Ayedh bin Hadi Al-Otaibi, participated in the Sixth Saudi

Saudi Gazette

Mideast carriers to benefit from lower oil price

13/12/2018

Lower oil prices are expected to boost profits at Middle East airlines in 2019 as a decade of double-digit growth starts to slow. The 2019 industry outlook from the International Air Transport Associ

Arab News

Oman Banks Association hosts forum for members

13/12/2018

A forum organised by the Oman Banks Association was attended by a large number of senior bankers from the different banks operating in the Sultanate. The forum was held under the auspices of Tahir Sa

Oman Daily Observer

UAE-Saudi digital currency in the works

13/12/2018

The UAE Central Bank has started work on a digital currency, together with the Saudi Arabian Monetary Authority (SAMA), in an effort to speed up financial transactions between the two countries.

Gulf News

UAE, China Central Banks meet to enhance Renminbi Clearing

13/12/2018

The Central Bank of the UAE, CBUAE, today hosted a workshop with the Central Bank of China and the Agricultural Bank of China on ‘Improving the Renminbi Clearing in the UAE’.

The aim of th

The Gulf Today

logo

Market Information Trading Co.

(MITCO), P.O. Box 15570, Jeddah 21454, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2017, Market Information Trading Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap