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KSA chooses ISE for sukuk listing

KSA chooses ISE for sukuk listing
(Photo archive)

Riyadh – Mubasher: Saudi Arabia has chosen the Irish Stock Exchange (ISE) to list its sukuk, which have been successfully issued weeks ago to be the world's largest sukuk issue at a value of $9 billion.

In October, the Kingdom had listed its first bonds issue on the ISE at a value of $17.5 billion.

The move confirms the ISE’s popularity with sovereign and corporate issuers from the Middle East, director of ISE’s international primary markets Gerard Scully said.