Hong Kong include Islamic bonds in the "NASDAQ Dubai"

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GMT 12:44 2014 Saturday, September 13th : Last Update

Emirate dream to shift the capital of Islamic economics

Hong Kong include Islamic bonds in the "NASDAQ Dubai"

Elaf

 

Dubai welcomed the decision of the Government of Hong Kong, the inclusion of the first Islamic bonds issued in its history, worth billion dollars, in exchange "NASDAQ Dubai", arguing that the move enhances Tmouhdbe shift to the capital of Islamic economics in the world.

 Dubai  announced that the Hong Kong government Thursday announced the successful sale of the first instruments of its kind in the country, and second in the world at the level of the governments of non-Muslim countries after Britain, after it acquired Investors in the Middle East, 36 percent of those instruments.

 

Welcome in Dubai

Dubai welcomed the decision of the Government of Hong Kong inclusion of Islamic instruments, valued at one billion dollars, in exchange, "Nasdaq Dubai." He welcomed Baansader Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dbeoualemcharf year on the initiative of transforming Dubai into the capital of the Islamic Economy World, the move saying that it corresponds with the vision of transforming Dbeely the capital of Islamic economics Alaalmi.onqlt Emirates News Agency Sheikh Hamdan as saying: "Choose Dubai for the inclusion of the first Islamic bonds in dollars in the world, issued by the government that has the credit rating Advanced AAA, is only a clear proof of the extent of confidence in Dubai on the international economic arena, and among international investors, and clear evidence of the success of our strategy to transform Dubai into the capital for the economy Islamic, which go in achieving its objectives steady and confident and clear vision for the future. "

 

Cover worth 4.7 times

 

The government of Hong Kong on Thursday that the promotional tour undertaken by the Department of Finance for the promotion of instruments in Riyadh, Dubai, Abu Dhabi and Doha, Kuala Lumpur, Singapore, London and New York resulted in the sale of instruments, amounting to a five-year, after getting requests cover worth 4.7 times. According to the Hong Kong Government, to attract this version based Alajarhadh investors working in the field of finance and traditional Islam, may sell 36 percent of the instruments in the Middle East, and 47 percent of them in Asia, and 6 percent in Europe, 11 percent in the United States.

 

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How can we gain from islamic banking ? It looks as if islamic banking is going to be huge .