Nasdak Dubai welcomes the inclusion of $ 500 million from Ajman Bank

Nasdaq Dubai today welcomed the inclusion of $ 500 million priority instruments issued by Ajman Bank, in the first version of this type of the bank and its first listing on the International Stock Exchange.
The sukuk was issued within the Ajman Bank program for the issuance of the instruments of $ 1.5 billion, and the issue witnessed a strong request from investors, as it was covered 5.4 times, and more than 100 international investors attracted. In 2030, the bonds that extend for five years and due in 2030 reflect the increase in the attractiveness of financial tools that are compatible with the provisions of Islamic Sharia issued by financial institutions in the UAE.
To celebrate the insertion process, Mustafa Al -Khalafawi, CEO of Ajman Bank, began the opening of the trading session in NASDAC Dubai, along with Hamid Ali, CEO of NASDAC Dubai and Dubai Financial Market.
On this occasion, Mustafa Al -Khalafawi, CEO of Ajman Bank pointed out: “This first version of the sukuk is a strategic station in the bank’s march, and is in line with our continuous efforts to diversify the financing base and expand access to investors. The global demand reflects confidence in our financial performance and our future prospects. The inclusion of these sukuk in Nasdaq Dubai is an affirmation of our commitment to international standards for transparency. And growth.
This listing is a constructive cooperation between Ajman Bank and Nasdak Dubai to support the development of Islamic capital markets.
“We are pleased to welcome the joining of the Ajman Bank to our growing society from the leading exporting bodies in the region and the world. The first inclusion of the bank is a sign of strong and continuous momentum in Islamic capital markets, and it also enhances the position of Dubai as a leading global center for the inclusion of the sukuk. We are proud of Nasdak Dubai with the support and participation of the Ajman Bank In achieving this important achievement, and we look forward to strengthening our cooperation in the future. “
Ajman Bank joins a group of leading regional and international banks listed on the stock exchange, to contribute to raising the total value of the debt tools listed by financial institutions in Nasdaq Dubai to $ 30.6 billion distributed over 51 lists.