22 Hrs
Source:
المشهد العربي
UAE debuts first personal treasury sukuk
The UAE Ministry of Finance has launched its first government treasury bond program targeted at individuals, which complies with Islamic law and is conducted through a digital subscription mechanism. This program allows individuals from various segments to invest amounts starting from 1,000 dirhams, with periodic returns and flexible trading options, aiming to broaden the investor base and make sovereign instruments more accessible to citizens. More technical details and related reforms for the initial issuance will be announced next week.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)