Ahli United Bank lists US$200m Sukuk on Nasdaq Dubai Ahli United Bank of Kuwait has listed a US$200m Sukuk on Nasdaq Dubai.
It is the third listing on the exchange from Kuwait, underlining the close capital markets ties between Kuwait and the UAE, as well as Dubai’s status as the world’s largest centre for Sukuk listings by value.
Sukuk totalling US$45.75bn are listed in the emirate.
Nasdaq Dubai provides issuers with close links to regional and international investors as well as a first class listing infrastructure.
The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake. Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority.