ADX lists new chimera sukuk ETF

By Aya Anwar On Jul 8, 2024

Abu Dhabi Securities Exchange (ADX) has announced the listing of the Chimera JP Global Sukuk ETF, offering a diversified portfolio of USD-denominated, investment-grade Sukuks from global issuers.

The ETF tracks the JP Morgan Global IG Sukuk Index and provides exposure to approximately 75 Sukuks. This new listing, ADX’s 14th ETF, aligns with Abu Dhabi’s vision as a leading investment hub and supports the growth of Islamic finance. Notably, ADX’s ETF trading values soared to AED5 billion in 2023, marking a 160 per cent increase from the previous year.

Attribution: Emirates News Agency (WAM)