Investments

Shariah Investments

Nasdaq Dubai lists USD1.5bn Sukuk by Islamic Development Bank to support Covid-19 interventions

Nasdaq Dubai lists USD1.5bn Sukuk by Islamic Development Bank to support Covid-19 interventions

Islamic Development Bank (IsDB) has listed a USD1.5 billion Sukuk on Nasdaq Dubai to support Covid-19 relief initiatives. The capital raised will fund medical, social and business projects in many of the bank’s 57 member countries aimed at protecting health and improving lives.