IsDB lists €650m sukuk on Nasdaq Dubai

Nasdaq Dubai saw last week the listing of a €650 million sukuk (Islamic bond) by Islamic Development Bank (IsDB).

The event marked the first euro listing by IsDB, which also has nine dollar-denominated sukuk listings on Nasdaq Dubai valued at a total of $11.8 billion. IsDB’s activities across 57 countries include building partnerships between governments, the private sector and civil society; increasing skills and knowledge sharing; focusing on science and technology solutions to development challenges and others. (Staff Report)