WAM | Emirates News Agency:
"The Islamic Development Bank (IDB) has announced that it intends to list AED 37 billion Sukuk Programme on NASDAQ Dubai, the region's international exchange. The announcement was made at the World Islamic Economic Forum being held in London.
The move represents a momentous addition to the constant successes of (Dubai the Capital of Islamic Economy) initiative, as it increasingly attracting new strategic partners from local, regional and international institutions.
The IDB bank, which provides project financing for its 56 member countries, has expanded its Sukuk programme to AED 37 billion from AED 24 billion dollars previously, as it increases its financial support for economic and social development."
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