Nasdaq Dubai welcomed the listing on Tuesday of a $300 million sukuk issued by Dubai Islamic Bank (DIB). The issuance was a tap on a one billion US dollar sukuk that listed on Nasdaq Dubai on June 16th, 2020.
SIB’s latest 500 million US dollar sukuk listed on Nasdaq Dubai on June 23rd, 2020.
Emirates NBD Capital Limited, the investment banking arm of Emirates NBD (ENBD) has successfully closed Islamic Development Bank (IsDB)’s first ever USD sustainability sukuk.
The Dubai Islamic Economy Development Centre (DIEDC), in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and in strategic partnership with Refinitiv,
Emirates Islamic, one of the leading Islamic financial institutions in the UAE and rated A+ (stable) by Fitch, has successfully closed the issuance of a $500 million 5-year Sukuk from its $2.5 billion Certificate Issuance Programme.
Hesham Abdulla Al Qassim, Chairman of Emirates Islamic (EI) and Vice Chairman and Managing Director of Emirates NBD Group, rang the market-opening bell on Tuesday to celebrate the listing by Emirates Islamic (EI) of a $500 million Sukuk on Nasdaq Dubai.
"We are satisfied with the success of Dubai in this issuance. Department of Finance (DoF) was able to obtain the lowest interest rate for thirty-year bonds and the lowest profit for ten-year Sukuk in Dubai government history," confirmed Abdulrahman Saleh Al Saleh, Director General of DoF.