DIB Lists $1 Billion Sukuk on Nasdaq Dubai

DIB Lists $1 Billion Sukuk on Nasdaq Dubai

DIB is the leading UAE-based sukuk issuer by value on the exchange with a total of $6 billion from seven instruments including the latest listing.. Given that the deal opened the Islamic capital markets for financial institutions in 2020, it was befitting that it was done so by the first Islamic bank in the world.". The listing on Nasdaq Dubai provides the issuance with close links to regional and global investors from a well regulated platform.. Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai, said: "The deep and longstanding relationship between Nasdaq Dubai and DIB will continue to provide important benefits to investors and promote economic well-being in the UAE and overseas..