Nasdaq Dubai reached a landmark milestone in 2025, as the total value of outstanding Sukuk listings on the exchange surpassed $100 billion, underscoring the city’s growing role as a premier hub for Sharia-compliant finance. The achievement was fueled by robust issuance activity and sustained global demand for Islamic debt instruments.
By the close of 2025, the combined value of debt securities listed across the Dubai Financial Market and Nasdaq Dubai reached $150.9 billion, with Nasdaq Dubai alone accounting for $146.1 billion of the total. The exchange also witnessed a record number of Sukuk listings, reflecting confidence from sovereign, financial, and corporate issuers across regional and international markets.
Strong Growth in Listings and Issuances
Nasdaq Dubai recorded $30.6 billion in new debt listings across 60 issuances in 2025, marking one of the most successful years in its history. The surge in activity included debut issuances from prominent institutions such as Ajman Bank, OMNIYAT, Mashreq, China Development Bank, and the New Development Bank.
Sovereign issuers continued to play a dominant role in the market, with significant listings from Indonesia, the UAE Federal Government, and the governments of Ras Al Khaimah and Sharjah. These issuances reinforced Dubai’s status as a strategic gateway for global capital flows and highlighted the city’s ability to attract both regional and international investors to Sharia-compliant financial instruments.
The milestone cements Nasdaq Dubai’s reputation as a leading platform for Sukuk listings, demonstrating the exchange’s capability to support the evolving needs of issuers and investors alike. With continued growth in both volume and diversity of listings, Dubai is poised to remain a central player in the global Islamic finance ecosystem.
