Arab Today, arab today nasdaq dubai welcomes listing of two sukuk from the government of indonesia
Last Updated : GMT 19:23:21
Arab Today, arab today
Arab Today, arab today

Nasdaq Dubai welcomes listing of two Sukuk from the government of Indonesia

Arab Today, arab today

Arab Today, arab today Nasdaq Dubai welcomes listing of two Sukuk from the government of Indonesia

Nasdaq Dubai
Dubai - WAM

Nasdaq Dubai has welcomed the listing of two Sukuk issued by the government of Indonesia with a total value of US$2.5 bn. The total nominal value of Sukuk currently listed on Dubai’s exchanges has now reached US$42.31 bn, strengthening its position as the largest centre globally for Islamic bond listings.

The listings support the growth of Dubai as the global capital of the Islamic Economy under the initiative launched by Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Bambang Bodjonegoro, the Indonesian Minister of Finance, said: "Our latest Sukuk issuances confirm Indonesia’s commitment to supporting the Islamic capital markets, and our choice of Nasdaq Dubai for listing provides us with close links to regional and international investors. We look forward to issuing further Sukuk in due course under our 2012 Trust Certificate Issuance Programme, providing further sources for government infrastructure development financing as well as new opportunities for investors around the world."

Essa Kazim, Governor of Dubai International Financial Centre (DIFC) and Secretary General of Dubai Islamic Economy Development Centre (DIEDC), said, "These substantial listings confirm the international reach of Dubai’s Islamic capital markets as the emirate accelerates its expansion as the gobal capital of the Islamic Economy. Our expanding relationship with Indonesia, the world’s most populous Muslim country, strengthens the development of the financial infrastructure of both countries for the benefit of their economies and citizens."

The latest two Sukuk listings by the Indonesian government took place on March 31st, 2016. They bring its total Sukuk listings on the exchange to 8.5 $ bn  following its listing last year of four Sukuk with a total nominal value of 6 $ bn.

Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai, said, "The exchange welcomes Sukuk listings from around the world by sovereign issuers as well as multilateral organisations and private entities active in a wide range of industries. As the Sukuk sector expands further we will support its development in every way possible making use of the Islamic capital markets knowledge and expertise available in the UAE."

Hamed Ali, Chief Executive of Nasdaq Dubai, said, " We are committed to providing a responsive and flexible listing framework that meets the needs of Sukuk issuers, including enhanced listing procedures that meet their commercial needs. We aim to support our issuers on every level, from regulatory excellence to administrative reliability and regional and global visibility."

Nasdaq Dubai is the largest exchange in the world for Sukuk listings at 39.56$ bn. Dubai Financial Market has Sukuk listings of 2.75$ bn .

Source:WAM

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nasdaq dubai welcomes listing of two sukuk from the government of indonesia Arab Today, arab today nasdaq dubai welcomes listing of two sukuk from the government of indonesia

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nasdaq dubai welcomes listing of two sukuk from the government of indonesia Arab Today, arab today nasdaq dubai welcomes listing of two sukuk from the government of indonesia

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday