04 Apr

Nasdaq Dubai lists Sharjah’s $1 billion Sukuk

Nasdaq Dubai has announced the listing of Sharjah’s $1 billion Sukuk.

The joint lead managers for the Sukuk listing were Arab Banking Corporation, Dubai Islamic Bank as well as HSBC Bank, KFH Capital Investment Company, Sharjah Islamic Bank and Standard Chartered Bank.

Additionally, the legal advisers to Sharjah were Clifford Chance, and Maples and Calder.

In a statement, Nasdaq Dubai said that the total value of all Sukuk listed in Dubai has now reached $61.3 billion.

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