Nasdaq Dubai Welcomes Listing Of 1 Billion Euro Green Sukuk By Islamic Development Bank #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / News / News Search
News Search
   

Nasdaq Dubai Welcomes Listing Of 1 Billion Euro Green Sukuk By Islamic Development Bank
(4 December 2019)

 

Nasdaq Dubai today welcomed the listing of a one billion Euro green Sukuk by Islamic Development Bank, IsDB, the multilateral lender which finances development across its 57 member countries.

It is IsDB’s first green Sukuk, issued under its Sustainable Finance Framework. It is also the third Sukuk listing this year on the region’s international exchange by IsDB, following two listings of US$1.5 billion each in April and October.

The Islamic Development Bank has 11 Sukuk currently listed on Nasdaq Dubai with a total value of US$13.65 billion.

IsDB’s activities across its member countries include building partnerships between governments, the private sector and civil society; increasing skills and knowledge sharing; focusing on science, technology and innovation led solutions to development challenges; promoting global development that is underpinned by Sharia-compliant sustainable financing structures; and fostering collaboration between its members nations to focus on the betterment of humanity.

The Bank’s latest Sukuk is the second to be listed in euros by the bank on Nasdaq Dubai, underlining the exchange’s role as a multi-currency listing hub. Dubai is one of the largest centres globally for Sukuk listings by value, currently totaling US$65.4 billion.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance