Hong Kong lists $1bn sukuk on Nasdaq Dubai
DUBAI, March 2, 2017
Nasdaq Dubai has welcomed the listing of a $1 billion sukuk issued by the Government of Hong Kong.
It brings the total value of Hong Kong government sukuk listed on the Middle East’s international financial exchange to $3 billion, following two listings of $1 billion each in 2014 and 2015, Nasdaq Dubai said.
The Hong Kong government’s latest sukuk was listed on Nasdaq Dubai on March 1.
The new listing strengthens Dubai’s position as the world’s largest venue for sukuk listings by value, raising the total listed in the emirate to $48.81 billion.
The listings are from a wide range of government, multilateral and corporate issuers across the MENA region and East Asia. – TradeArabia News Service