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DIB lists $750m sukuk on Nasdaq Dubai

DIB lists $750m sukuk on Nasdaq Dubai
DIB is the biggest sukuk issuer in the UAE in terms of value with a total of $6 billion
DIB
DIB
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Dubai – Mubasher: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has made its seventh listing of $750 million in sukuk on Nasdaq Dubai, the market’s first listing in 2019.

DIB is the biggest sukuk issuer in the UAE in terms of value with a total of $6 billion including the latest listing, according to a press release on Tuesday.

The leading bank’s main activities focus on retail banking, business banking, corporate banking, real estate, contracting finance, investment banking, and treasury activities.

The total value of all sukuk listed on Dubai’s stock markets stands at $61.14 billion, which tops any listed-sukuk value in the world.