UAE’s Ministry of Finance has officially established an annual return of 5.06 percent on the second sovereign retail T-Sukuk issue. The subscription period for this financial instrument will commence on September 23rd for individuals who are citizens or residents of the country. UAE Retail Sovereign Sukuk
The government-sponsored Sharia-compliant scheme offers easy entry into the program by keeping the minimum subscription limit at Dh1,000. The scheme strives to make the investment tool that has been historically exclusive to institutions accessible to the general public. In the distribution pattern, the holders of the five-year security will receive semi-annual returns every six months.
Detailed return calculations illustrate that a baseline investment of Dh1,000 yields Dh50.60 annually, translating to bi-annual payments of Dh25.30. Scaling up the capital allocation, a Dh10,000 investment generates Dh506 per year or Dh253 every six months, totaling Dh2,530 in cumulative distributions over the full five-year tenor. Larger commitments, such as a Dh50,000 allocation, will deliver Dh2,530 in annual profits, culminating in Dh12,650 upon reaching full maturity, provided the asset is held throughout the term.
The Ministry of Finance has established an initial target issue size of Dh50 million for this tranche, following substantial retail demand during the inaugural retail Sukuk issuance earlier in 2026. The original release offered a 4.30 percent annual return over a shorter two-year term and attracted Dh445 million in total orders against an initial Dh50 million target, prompting officials to expand allocation limits to Dh100 million. Individual retail participation represented a dominant share of that demand, with approximately 76 percent of subscriptions coming in at or below Dh10,000.
Subscription windows for the current issuance remain open through September 28 across designated digital platforms, including the Dubai Financial Market (DFM) eIPO portal, the iVestor application, and digital channels operated by participating commercial institutions led by Emirates NBD. Official allocation procedures are scheduled for September 29, followed by settlement and excess subscription refund processing on September 30. The securities will formally commence trading on Nasdaq Dubai on October 1, establishing an active secondary market that offers investors liquidity and exit options prior to maturity, though secondary market prices may fluctuate based on prevailing economic conditions.
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, emphasized that the second issuance builds directly on the momentum of the inaugural launch, aligning with national strategies to deepen dirham-denominated capital markets and broaden the domestic investor base. Gulf Tribune
