Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of Dubai International Financial Centre (DIFC), on Monday rang the bell for listing Dubai Electricity and Water Authority’s (Dewa’s) sukuk worth $1 billion on Nasdaq Dubai.
The successful issue followed an initiative launched recently by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, for transforming Dubai into a world hub for sukuk within his vision to establish the city as a capital of Islamic economy. ……………………………………….Full Article: Source