Nasdaq Dubai welcomes listing of USD 1 billion Sukuk by government of Hong Kong

By viji Thursday, 02 March 2017 12:13 PM

Nasdaq Dubai welcomes listing of USD 1 billion Sukuk by government of Hong Kong

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Nasdaq Dubai has welcomed the listing of a 1 billion US dollar Sukuk issued by the government of Hong Kong. It brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to 3 billion US dollars, following two listings of 1 billion US dollars each in 2014 and 2015.The new listing strengthens Dubai’s position as the world’s largest venue for Sukuk listings by value, raising the total listed in the Emirate to 48.81 billion US dollars. The listings are from a wide range of government, multilateral and corporate issuers across the MENA region and East Asia.

 The Hong Kong government’s latest Sukuk listed on Nasdaq Dubai on March 1, 2017.