The UAE Ministry of Finance opened subscriptions today for its latest Sovereign Retail T-Sukuk, offering individual investors an annual profit rate of 5.06 per cent. The Shariah-compliant instrument gives ordinary citizens and residents direct access to government debt securities that were previously reserved for institutional investors.
The subscription window runs from September 23 to 28, with final allocation to investors confirmed the following day. The minimum investment is set at Dh1,000, and the sukuk carries a five-year term with profit distributed to holders every six months.
To take part, applicants must be UAE nationals or hold valid residency, and must have an active Investor Number registered with the Dubai Financial Market. The sukuk will also begin trading on the secondary market on Nasdaq Dubai from October 1, giving holders the option to sell before maturity if needed.
The government is targeting around Dh50 million in total issuance through this round. Financial analysts describe the programme as part of a broader strategy to deepen the UAE's domestic capital markets and widen retail investor participation in sovereign financial instruments, a trend also being pursued by several other governments in the region.
This round's 5.06 per cent rate marks an increase over previous UAE retail sukuk offerings, which analysts say could draw stronger interest from households and small investors looking for a low-risk, government-backed return over the coming years.