Dubai Financial Market PJSC

DFM Regulated Short Sell – Weekly Summary Summary Period: 08 July 2024 to 12 July 2024 Date of Issue: 12 July 2024 There were no Regulated Short Sell (RSS) trades for the period from 08 July 2024 to 12 July 2024. For more information on RSS, refer to the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules & Operational Model and Procedures for Implementation of Regulated Short Selling at http://www.dfm.ae/the-exchange/regulation/market-rules. This announcement is available on the DFM website at https://www.dfm.ae/the-exchange/news-disclosures/market-announcements. Disclaimer: The information in this document is subject to change and is provided on an "as is" and "as available" basis. DFM will not be liable for any loss resulting from the use of the data and content in this document.

Nasdaq Dubai has listed a USD 500 million Sukuk issued by Sharjah Islamic Bank (SIB), which was oversubscribed three times, indicating strong demand from international and regional investors. This is the sixth issuance under SIB's USD 3 billion Trust Certificate Issuance Programme, established in 2013, and will mature in 2029. The total value of Sukuk listed on Nasdaq Dubai now stands at USD 93.89 billion, with the total value of listed bonds and Sukuk reaching USD 134.1 billion. The listing event was marked by a bell-ringing ceremony attended by HE Ahmed Saad Ibrahim, DCEO of SIB, and Hamed Ali, CEO of Nasdaq Dubai and DFM. Both executives highlighted the significance of the listing in reinforcing Nasdaq Dubai's role as a leading global market for Sukuk and supporting the growth of Islamic finance.

Nasdaq Dubai has welcomed three new Sukuk issuances by the Republic of Indonesia, totaling USD 2.35 billion. This listing enhances Dubai's position as the world's leading center for Sukuk listings, with a total value of USD 96.39 billion. The Republic of Indonesia now has 20 Sukuk listings on Nasdaq Dubai, amounting to USD 24.1 billion. The new Sukuk include USD 750 million due in 2029, USD 1 billion due in 2034, and USD 600 million due in 2054, which is a Green Sukuk. The total value of debt listed on Nasdaq Dubai is USD 134.1 billion, with Sukuk making up USD 93.89 billion. Nasdaq Dubai also leads in ESG-related listings, with green issuances totaling USD 19.7 billion out of USD 29.75 billion in ESG-related issuances. The listing was celebrated with a market opening bell ceremony attended by H.E. Husin Bagis, Ambassador of the Republic of Indonesia to the UAE, and Hamed Ali, CEO of Nasdaq Dubai and DFM. The event highlighted the strong economic ties between Dubai and Indonesia and the confidence global investors have in the market.

The Dubai Financial Market announced that a new series of equity futures contracts will be available for trading starting July 11, 2024. These contracts, set to expire on October 17, 2024, cover various securities including AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The announcement and additional details can be found on the Dubai Financial Market website. The information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation for accuracy.

The Dubai Financial Market (DFM) has released the margin parameters for various futures contracts effective from July 9, 2024. The parameters include base margin percentages and currency requirements for contracts involving companies like Air Arabia, Al Ansari, DEWA, and others, with margin percentages ranging from 5% to 13%. Details on the methodology for margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures available on the Dubai Clear website. The announcement and further information are accessible on the DFM website. The document notes that the information is subject to change and emphasizes that it does not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.