The Ministry of Finance has launched secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai, after an offering that drew subscriptions of AED285 million, roughly 5.7 times the AED50 million target.
The announcement on Friday follows the completion of subscription, allocation and settlement. Secondary trading is now live, allowing investors to expand their holdings or exit early by selling on the exchange through authorised brokers. Active market makers and liquidity providers support continuous order-book execution.
Subscriptions ran from September 23 to 28, 2026. The Sukuk carries a five-year tenor, semi-annual profit distributions and a minimum investment of AED1,000.
Participation was broad. Retail investors subscribing for AED10,000 or less made up 75 percent of applications, while UAE nationals accounted for 69 percent of demand. Investors from 110 nationalities took part. Women contributed 17 percent of total invested capital, young investors under 25 showed strong engagement, and nearly half of unique subscribers had also invested in the inaugural tranche.
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the listing marks a strategic milestone in deepening the UAE's domestic AED-denominated capital markets. He said continued retail demand reflects deep confidence in the national financial infrastructure, and that secondary trading gives investors liquidity and flexibility while embedding a culture of saving across families and communities.
Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market, said the launch shows growing appetite among individual investors for high-quality Sharia-compliant instruments. He added that advanced trading infrastructure and dedicated market making will continue to improve liquidity and widen market access.
News Source: Emirates News Agency
