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Article: IFC lists its first Sukuk on NASDAQ Dubai.
- Article from:
- CPI Financial
- Article date:
- November 5, 2009
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Byline: news@cpifinancial.net (Staff Writer)
Singer said, "We are delighted to support the Sukuk as its primary listing venue, providing a regulatory structure that promotes transparency for investors and visibility for the issuer."
NASDAQ Dubai is the world's largest exchange for Sukuk by listed value, with 21 listed Sukuk valued at $16.7 billion.
Omar Bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC) and Vice Chairman of the UAE Central Bank, said, "DIFC is delighted that the IFC and World Bank Group selected NASDAQ Dubai as the primary listing venue for its first Sukuk issue. As the first non-Islamic financial ...