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

Dewa’s $1bln sukuk listed on Nasdaq Dubai

Posted on 12 March 2013

Dubai Electricity and Water Authority’s (Dewa) $1 billion sukuk was listed on Nasdaq Dubai on Monday. Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of Dubai International Financial Centre, rang the bell for the listing.
The issuance of the Dewa sukuk was met positively by regional and global investors, leading to an increase in the value of sukuk listed on Nasdaq to $6.24 billion, while the value of sukuk listed in Dubai bourses rose to $10.173 billion………………………………………..Full Article: Source

 
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