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Listing of Islamic Sukuk

Name of service

Listing of Islamic Sukuk

Division

Listing

Recipients of Service

The issuers of Islamic Sukuk

Available Forms to Perform Service

None

Service Description

Listing of Islamic Sukuk at the ASE. The listing application which submitted by the issuer shall be reviewed to make sure that it fulfills all conditions and requirements specified in the Directives, then the Islamic Sukuk is listed according to particular procedures.

Requirements and Conditions of Service

Conditions mentioned in Articles (3), (4), and (5) of Listing Islamic Sukuk at the ASE Directives.

Required Documents

An application submitted by the issuer of the Islamic Sukuk, attached with all documents identified in Article (5) of Listing Islamic Sukuk at the ASE Directives.

Steps and procedures for implementing the service

  1. Reviewing the application of listing Islamic Sukuk to make sure that it contains all required information.
  2. Completing all the necessary procedures at the JSC and SDC.
  3. Signing of a listing agreement with the company, then, the company shall announce in two daily newspapers all information identified in Article (5) of Listing Islamic Sukuk at the ASE Directives.
  4. Determining a day for listing the Islamic Sukuk

Service Fees

(0.0001) of the nominal value of the Sukuk, where the collected fee should not exceed JD (5,000) per annum.

Approximate Time for Completing the Service

Two working days after completing all necessary procedures

Contact Details

Listing and Operations Dept. / The ASE

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