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26 Jun, 2025Nasdaq Dubai Admits USD 1.2 billion Sukuk Listing by Islamic Development Bank

Nasdaq Dubai today welcomed the listing of USD 1.2 billion Sukuk by the Islamic Development Bank (IsDB), a multilateral development bank.

The 5-year Sukuk, maturing in 2030, was issued under IsDB’s USD 25 billion Trust Certificate Issuance Programme. It represents the Bank’s second USD benchmark issuance of the year and carries a credit rating of Aaa/AAA/AAA from Moody’s, S&P, and Fitch, all with a Stable Outlook.

Following this listing, the total value of IsDB’s Sukuk listed on Nasdaq Dubai exceeds USD 19 billion across 12 listings. This Sukuk underscores IsDB’s continued role in mobilizing capital from international markets to support sustainable development across its 57 member countries.

As one of the world’s leading Sukuk listing venues, Nasdaq Dubai continues to play a vital role in advancing the Islamic finance ecosystem. The total value of Sukuk listed on the exchange has now reached USD 94 billion. Nasdaq Dubai remains committed to supporting the growth of Sharia-compliant capital markets and providing access and capital for issuers.