Dubai – Mubasher: The Investment Corporation of Dubai (ICD) has listed a $1 billion (AED 3.67 billion) sukuk on Nasdaq Dubai, according to a statement.

As a result, the total listed sukuk in the UAE rose to $47.21 billion (AED 173.397 billion).

In May 2014, ICD listed a $700 million (AED 2.57 billion) sukuk and a $300 million (AED 1.10 billion) conventional bond.