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Nasdaq Dubai welcomes SIB, Damac sukuk listings

Nasdaq Dubai welcomed the listing yesterday (April 18) of two Sukuk by UAE issuers – Sharjah Islamic Bank, one of the UAE’s most prominent Islamic financial institutions and Damac Properties, a leading real estate developer. SIB listed a $500 million Sukuk, and Damac listed a $400 million instrument. SIB supplies…

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