Nasdaq Dubai welcomes DP World’s $3.3bn sukuk, bonds

Nasdaq Dubai welcomes DP World’s $3.3bn sukuk, bonds
The new listings by the global trade enabler include $1 billion sukuk
DP World
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Dubai – Mubasher: Nasdaq Dubai has welcomed four sukuk and conventional bonds listings by DP World equal $3.3 billion.

The new listings by the global trade enabler include $1 billion sukuk and three conventional bonds whose value amount to $1 billion, EUR 750 million, and GBP 350 million, according to an official statement released on Wednesday.

The four listings “bring the total value of current debt listings by DP World on the region’s international exchange to $6.75 billion from seven issuances, making the company Nasdaq Dubai’s largest UAE debt issuer by value,” the statement added.

Total Islamic bonds listed on the Emirate of Dubai has reached $58.85 billion.