Dubai – Mubasher: Dubai Islamic Bank (DIB) listed $1 billion sukuk on Nasdaq Dubai, according to a statement.

The listing was made under DIB’s $5 billion sukuk programme, bringing the total value of the bank’s sukuk listings on the bourse to $4.25 billion.

DIB’s sukuk listing took place on 15 February, raising the total value of all listings on the bourse to $45.06 billion.

The bank listed $1 billion sukuk in 2013, in addition to two sukuk listings worth $750 million and $1 billion in 2015, and a listing worth $500 million.