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DAMAC Properties rings bell to celebrate listing of $500 million Sukuk on Nasdaq Dubai

DAMAC Properties’ $500 million Sukuk listed on Nasdaq Dubai on April 20, 2017.

Hussain Sajwani, Chairman of DAMAC Properties, today rang the market opening bell to celebrate the listing of a 500 million US dollar Sukuk, issued by DAMAC Real Estate Development Limited (DRED), on Nasdaq Dubai. DRED is a wholly owned subsidiary of DAMAC Properties PJSC.

The listing on the region’s international exchange supports DAMAC Properties’ capital-raising initiative as it pursues its prop

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