ASB Capital, which manages assets worth $5.8 billion and is licensed by the Dubai Financial Services Authority, in collaboration with the European ETF provider Xtrackers (part of DWS), has successfully listed its XASB Sukuk ETF on the London Stock Exchange. This listing, which is the first Sharia-compliant Sukuk ETF launched by Xtrackers, enhances investor access to Sukuk products, offering diverse and cost-efficient investment opportunities in this asset class, which is seeing increasing global demand. The fund is designed to provide an opportunity to invest in Sukuk with cost efficiency.
