UAE - Mubasher: Nasdaq Dubai has welcomed the listing of a $600 million Sukuk by Ahli United Bank (AUB), a Kuwaiti financial institution.

The Tier 1 Capital Certificates has attracted over $ 1.7 billion in orders, according to a press release on Thursday.

The listing reflects the capital markets’ ties between Kuwait and the UAE and Dubai’s position as one of the world’s largest centre for Sukuk listings with a total value of $76.6 billion.