Indonesian government lists $3bn sukuk on Nasdaq Dubai

Indonesian government lists $3bn sukuk on Nasdaq Dubai
The Indonesian government is the largest sukuk issuer on Nasdaq Dubai

Dubai – Mubasher: The Indonesian government listed two sukuk with a combined value of $3 billion on Nasdaq Dubai, the Dubai-based bourse stated on Sunday.

The Indonesian government is the largest sukuk issuer on Nasdaq Dubai in terms of both the value and the listings’ number, with total securities of $14.5 billion from 10 issuances.

“The collaboration underlines the close relations between the UAE and Indonesia, the world’s most populous Muslim country, as well as Dubai’s growth as the global capital of the Islamic Economy,” the regional stock market added.   

The total value of all sukuk listed on Nasdaq Dubai registered $56.47.   

Source: Mubasher

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