Dubai – Mubasher: Ahli United Bank – Kuwait (AUB Kuwait) has listed on Wednesday $200 million Sukuk on Nasdaq Dubai, the region’s international financial exchange.  

This is the third listing on the exchange from Kuwait, pinpointing the close capital markets ties between Kuwait and the UAE, according to a recent statement.

This step also reflects Dubai’s status as the world’s largest centre for Sukuk listings by value; Sukuk totalling $45.75 billion are listed in the Emirate.

“Nasdaq Dubai provides Kuwaiti and other issuers with close links to regional and international investors as well as a first class listing infrastructure,” the statement added.