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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Capital Market (Equity, Mutual Funds) more

NASDAQ Dubai welcomes $650 mln JAFZ Sukuk to its market

Posted on 25 June 2012

NASDAQ Dubai welcomed the listing of a $650 million Sukuk by Jebel Ali Free Zone ( JAFZ ) on its market. The listing confirms the exchange’s status as the largest in the Middle East for Islamic bonds, bringing the total nominal value of its listed Sukuk to $7.1 billion.
Jeff Singer, Chief Executive of NASDAQ Dubai, said: “As the international exchange serving the UAE and the region, NASDAQ Dubai is delighted to be chosen by JAFZ for its Sukuk listing. NASDAQ Dubai offers Sukuk issuers and their investors a well regulated, effective and internationally visible platform………………………………………..Full Article: Source

 
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