Dubai, June 6, 2022 (WAM)-Nasdak Dubai today welcomed the listing of two Sukuk tranches totaling US $ 3.25 billion issued by the Government of Indonesia.

The two tranches consist of a $ 1.75 billion 5-year trust certificate with a yield of 4.40% and a 10-year trust certificate of US $ 1.5 billion with a yield of 4.70%.

The Government of Indonesia is one of the largest sukuk issuers in Nasdaq Dubai, and the new listing has increased the total amount of sukuk listed on Nasdak Dubai to US $ 22 billion.

The listing further strengthened Dubai’s position as one of the world’s largest Sukuk listing centers, with a total listing value of US $ 80.9 billion.

WAM / / Tariq alfaham / Hazem Hussein

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