On 16 May, John Iossifidis, Chief Executive Officer, Noor Bank, rang Nasdaq Dubai’s market-opening bell to celebrate the listing of Noor Bank’s US$500 million Sukuk. The listing was acknowledged with a prominent congratulatory message displayed on Nasdaq Tower in Times Square, New York, United States of America.

The listing marks Noor Bank’s third Sukuk on the region’s international exchange, following two listings in 2015 and 2016. The issuance orders included US$1.07 billion from 50 bids across the Middle East, Asia and Europe.