The value of Sukuk investments held for safekeeping in NASDAQ Dubai’s custody has risen by 36% in the past year, from 100 million dollars to 136 million dollars.
The increase in the holdings, which are maintained in the exchange’s Central Securities Depository (CSD), reflects the wide range and competitive pricing of the CSD’s services to participants. As well as custody, these include settlement of over the counter cross-border transfers and processing of corporate actions, such as interest and profit payments and redemption………………………………………..Full Article: Source