$ 73.5 billion in Sukuk on “Nasdaq Dubai”

The value of new sukuk listings on Nasdaq Dubai since the beginning of 2020 until mid-September reached $ 11.4 billion, an increase of 55% over the value of sukuk listed in the same period last year. The total value of the sukuk listed in Dubai (between Nasdaq Dubai and the Dubai Financial Market) currently stands at $ 73.49 billion, making the emirate one of the largest sukuk listing centers in the world. The sukuk issuers on Nasdaq Dubai this year varied between Emirati and foreign countries, including Sharjah Islamic Bank, Dubai Islamic Bank, Dubai World Ports, GFH (from Bahrain), Dar Al Arkan (from Saudi Arabia), the Indonesian government, and the Islamic Development Bank.