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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

Sukuk custody business grows for NASDAQ Dubai

Posted on 23 December 2011

The value of sukuk investments held for safekeeping in NASDAQ Dubai’s custody has risen by 36% in the past year, from $100m dollars to $136m dollars. The increase in the value of sukuk investments held for safekeeping in NASDAQ Dubai’s custody 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

 
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