The UAE Ministry of Finance has opened subscriptions for the country's first-ever Sovereign Retail T-Sukuk Programme, giving individual investors direct access to a government-backed, Shariah-compliant investment instrument for the first time.
Developed in collaboration with the Central Bank of the UAE, the programme offers AED50 million in sukuk with subscriptions running from 24 to 30 June 2026. The two-year instrument carries a profit rate of 4.30% per annum, paid biannually, with a minimum subscription of AED1,000.
Investors can subscribe through the Dubai Financial Market's subscription platform, the DFM app, iVestor app, and digital channels of Emirates NBD Bank, the appointed Lead Receiving Bank. Participating banks include Emirates Islamic Bank, Abu Dhabi Islamic Bank, Ajman Bank, and Mashreq Bank. The sukuk are set to be listed on Nasdaq Dubai and available for trading from 2 July 2026, with issuance scheduled for 1 July 2026.
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, described the launch as a pivotal milestone in strengthening the UAE's sovereign investment ecosystem, noting that the fully digital subscription process ensures clarity and accessibility for individual investors from subscription through to secondary market trading.
The programme is distinct from the Fractional T-Sukuk and Bonds Initiative launched in November 2025. While that initiative allows investors to purchase fractional interests in already-issued securities at prevailing market prices with a minimum of AED4,000, the new programme provides direct access to newly issued sukuk at par value with a lower entry threshold of AED1,000.
Any excess subscription amounts will be refunded no later than 7 July 2026. A market maker and liquidity providers will be in place to support ongoing trading activity following the listing.
News Source: Emirates News Agency
