APICORP lists $500m sukuk in Nasdaq Dubai

APICORP lists $500m sukuk in Nasdaq Dubai
Dubai is a leading international centre for sukuk activity

Dubai – Mubasher: Nasdaq Dubai on Thursday announced a $500 million sukuk-listing by Arab Petroleum Investments Corporation Bank (APICORP).

This listing follows another $500 million sukuk-listing on Nasdaq Dubai in January 2016, issued under a $3 billion-sukuk programme launched by APICORP in 2015, Nasdaq Dubai said in an official statement.                                                                              

With $52.97 billion in sukuk listings, Dubai is a leading international centre for sukuk activity.

So far in 2017, Nasdaq Dubai saw 11 sukuk listings with a total value of $10.25 billion. 

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Source: Mubasher

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