The UAE Ministry of Finance has launched the Retail Sukuk Initiative, allowing citizens and residents to invest directly in government-backed Treasury Sukuk (Sharia-compliant financial instruments).
The initiative aims to broaden participation in the country’s financial instruments and empower individuals to contribute to national economic growth. It also reflects the UAE leadership’s commitment to fostering a culture of saving and promoting inclusive access to secure investment opportunities.
The programme will be rolled out in partnership with national banks, with the first participating bank to be announced in November.
Gulf Economist Staff Writer