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The Ministry of Finance announced the official listing and commencement of secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai following successful subscription, allocation and settlement. This step provides investors with full portfolio flexibility to either expand holdings or sell on the exchange for an early exit. The ministry’s statement highlighted how the instrument advances financial inclusion while deepening domestic AED-denominated capital markets.
Ministry figures show retail investors placing orders of AED10,000 or less represented 75 percent of all subscription applications with UAE nationals accounting for 69 percent of overall demand. The offering drew international interest from 110 nationalities while women contributed 17 percent of total invested capital and young investors under 25 showed notable participation. Nearly half of unique subscribers had also invested in the inaugural tranche according to the ministry’s breakdown.
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said, “The commencement of trading for this second Sovereign Retail T-Sukuk issuance on Nasdaq Dubai marks another strategic milestone in deepening the UAE’s domestic AED-denominated capital markets and reaffirms our commitment to delivering sovereign investment instruments that pair security with attractive returns.” The minister noted the programme builds on robust demand seen in the first issuance. His comments came in the ministry’s official release distributed by WAM.
The latest issuance follows the inaugural Sovereign Retail T-Sukuk which the ministry reported drew AED445 million in orders or nearly nine times the initial AED50 million target leading to an upsizing to AED100 million. That two-year instrument carried a 4.3 percent profit rate and began trading on Nasdaq Dubai in July 2026. The current five-year sukuk features a 5.06 percent annual profit rate with semi-annual distributions as previously set by the ministry.
Investors access the sukuk through a minimum threshold of AED1,000 with the instrument remaining fully backed by the UAE government and compliant with Shariah principles according to the ministry. Secondary trading occurs via authorised brokers on Nasdaq Dubai which also serves as the central securities depository. The development forms part of the ministry’s continued work with partners including the Central Bank of the UAE, Dubai Financial Market and participating banks to broaden retail participation in sovereign instruments.
