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(US$148 m), Industrials, Manufacturing and Automobile (US$407 m), and Technology, Media and
Telecommunication (US$515 m).

Sukuk Issuances Surge
The report also noted a significant number of Sukuk issuances during the quarter, raising over
US$10 billion compared to US$2.6 billion in the same period last year. This indicates a strong
demand for Sharia-compliant financial products.

This surge in Sukuk issuances highlights an increasing preference for Islamic finance options
among investors.

The diverse range of sectors involved in IPO activities demonstrates a broad-based economic
growth across different industries.

https://www.onearabia.me/business/uae-ipos-raise-890-million-q2-2024-011-060543.html