The UAE Ministry of Finance has launched the country's first Sovereign Retail T-Sukuk Programme, introducing a Sharia-compliant investment instrument that allows individuals and families to participate directly in government-backed investments through an IPO-style subscription framework.
The minimum subscription is set at AED 1,000, making the product accessible to a broad segment of the population while offering potential risk-free returns within a regulated framework. Following issuance, the sukuk will be listed on Nasdaq Dubai, enabling trading and enhanced liquidity.
Emirates NBD has been appointed Lead Receiving Bank, with Emirates Islamic Bank, Abu Dhabi Islamic Bank, Ajman Bank, and Mashreq Bank serving as receiving banks. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini said the initiative strengthens the UAE's financial ecosystem and aligns with the "Year of Family 2026" focus on building financial resilience. Full details on profit rates and subscription timelines are expected to be announced soon.
Gulf Economist Staff Writer