The United Arab Emirates Ministry of Finance has announced the second issuance of its Sovereign Retail T-Sukuk Programme. This offers a five-year, Shariah-compliant investment vehicle to both citizens and residents.
- Open to individuals holding a valid Emirates ID and a Dubai Financial Market National Investor Number.
- Minimum investment requires AED 1,000.
- Profit rate scheduled to be announced on 22 September 2026.
The inaugural retail T-Sukuk issuance earlier in 2026 saw significant demand, with orders reaching AED 445 million against a target of AED 50 million, leading the ministry to increase the size to AED 100 million. During that initial offering, 76% of demand consisted of investments of AED 10,000 or less, with residents accounting for 28% of total participants.
The profit rate for this new five-year instrument is scheduled to be announced on 22 September 2026.
Interest will be paid semi-annually, and the sukuk will be listed on Nasdaq Dubai, allowing for secondary market trading after allotment.
Applications can be processed through the DFM eIPO portal, the iVestor platform, the DFM app, or participating banks.
Emirates NBD has been named the lead receiving bank, joined by Emirates Islamic, Abu Dhabi Islamic Bank, Ajman Bank, Mashreq, Abu Dhabi Commercial Bank, and First Abu Dhabi Bank.
