Dar Al Arkan Real Estate Development Company today listed sukuk worth $400 million (SAR 1.5 billion) on Nasdaq Dubai.

 

The total sukuks listed on Nasdaq increased to $2 billion following the last listing in 2019 worth $600 million, along with 2 others in 2017 and 2018 worth $500 million each, the bourse said in a statement.

 

According to data compiled by Argaam, Dar Al Arkan successfully closed the issuance of its seventh tranche as part of the Shariah compliant dollar denominated sukuk worth $400 million (SAR1.5 billion).

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Dar Al Arkan to redeem $400 mln sukuk

Market Indices

TASI
11,076.94
158.70 1.45 %

Quotes

DAR ALARKAN
16.00
0.28 1.78%


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2023, Argaam Investment, All Rights Reserved
Call Request