Nasdaq Dubai, the region’s international financial exchange, welcomed the listing today of a $1 billion sukuk by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. The sukuk was nearly 4.5 times subscribed with a profit rate of 2.95 per cent per annum, with nearly 50% of investor interest coming from outside the MENA region. The capital raised underpins DIB’s measures to support its customers and the business ...