Hong Kong lists $1b Sukuk on Nasdaq Dubai

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Dubai

Nasdaq Dubai has welcomed the listing of a 1 billion US dollar Sukuk issued by the Government of Hong Kong. This brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to $3 billion, following two listings of $1 billion 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.—Agencies