Friday, March 22, 2013

Emirates’ sukuk on Nasdaq Dubai


Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group today rang the opening bell at Dubai Financial Market (DFM) during the listing ceremony of a Sukuk issued by Emirates Airline on NASDAQ Dubai.

The listing of the one billion dollar Sukuk supports Dubai's intensive efforts in this regard after the launch of (Dubai the Center of Sukuk) initiative by Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, and in line with His Highness's vision to position the Emirate as the Capital of Islamic Economy globally.

It brings the nominal value of Sukuk listed on Dubai exchanges to 10.625 billion dollars, the third largest total in the world, Nasdaq Dubai said in a press release.


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