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

TID Sukuk removed from Nasdaq Dubai trading

Posted on 26 March 2012

Nasdaq Dubai yesterday announced the removal of TID Global Sukuk 1 Limited from admission to trading. The exchange said in a statement posted on its website that the security has been removed from trading with immediate effect following the Dubai Financial Service’s (DFSA) announcement to delist the sukuk.
The DFSA announced its decision to delist TID Global Sukuk 1 Limited from its official list securities pursuant to Article 19 (1) of the Markets Law 2004………………………………………..Full Article: Source

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