Ahli United Bank lists US$200 million Sukuk on Nasdaq Dubai

DUBAI, 26th October, 2016 (WAM) — Ahli United Bank, one of Kuwait’s financial institutions, listed a US$200 million Sukuk today on Nasdaq Dubai, the region’s international financial exchange.

It is the third listing on the exchange from Kuwait, underlining the close capital markets ties between the UAE and Kuwait, as well as Dubai’s status as the world’s largest centre for Sukuk listings by value. Sukuk totalling US$45.75 billion are listed in the emirate.

Nasdaq Dubai provides Kuwaiti and other issuers with close links to regional and international investors as well as a first class listing infrastructure.