Thursday 02, March 2017 by William Mullally

Hong Kong lists $1 billion Sukuk on Nasdaq Dubai

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 has welcomed the listing of a 1 billion US dollar Sukuk issued by the Government of Hong Kong.

This 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.

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.

The Hong Kong Government’s latest Sukuk listed on Nasdaq Dubai on March 1, 2017.

 

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