Monday 13, August 2018 by Kudakwashe

Nasdaq Dubai mulls Islamic bonds investment for individuals by 2019


The bourse has been looking at ways to sell Sukuk directly to retail investors, expanding the primary market beyond institutional buyers.


The Nasdaq Dubai has announced that it is considering allowing individuals to invest in Islamic bonds by 2019, reported Reuters.

Hamed Ahmed Ali, CEO of Nasdaq Dubai, said that the exchange is consulting with Dubai International Finance centre (DIFC) to launch a product which provides a minimal investment limit and a Shari’ah-compliant interest rate.


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