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Finance Ministry launches first sovereign sukuk

Finance Ministry launches first sovereign sukuk

The UAE Ministry of Finance, in collaboration with the Central Bank of the United Arab Emirates, announced the launch of the country's first retail treasury bills program, amounting to 50 million dirhams. Applications will be accepted from June 24 to June 30 through digital channels, with the securities expected to be listed on Nasdaq Dubai on July 2, 2026. The securities will offer an annual yield of 4.30% and have a maturity period of two years. This initiative aims to strengthen the government’s investment framework and provide transparent investment opportunities for citizens and residents.

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