Subscription Call for Exceeds Expectancies with AED 445 Million in Orders, Reaching a 9x Oversubscription
H.E. Mohamed bin Hadi Al Hussaini Rings the Opening Bell at Nasdaq Dubai
Dubai, United Arab Emirates – The Ministry of Finance introduced the reputable list and graduation of secondary marketplace buying and selling of the UAE’s inaugural Sovereign Retail T-Sukuk Programme, following the a success final touch of its inaugural sovereign issuance, which used to be designed particularly for person buyers.
To mark the instance, H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Monetary Affairs, rang the hole bell at Nasdaq Dubai along H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, and Hamed Ali, CEO of Nasdaq Dubai and Dubai Monetary Marketplace, within the presence of senior authorities officers, banking sector companions, and individuals of the media.
This milestone marks the end result of a complete strategic effort to develop participation within the monetary ecosystem and supply leading edge sovereign funding tools that foster a tradition of saving and long-term funding around the UAE.
Remarkable Investor Call for
The inaugural providing recorded outstanding investor call for, exceeding reputable expectancies, with subscription requests achieving AED 445 million, reaching an oversubscription of just about 9 instances the objective issuance dimension of AED 50 million. In keeping with the robust investor call for, the Ministry higher the issuance dimension to AED 100 million.
The programme additionally attracted a wide and numerous base of retail buyers, with retail buyers subscribing as much as AED 10,000 representing the most important phase of subscribers, accounting for 76% of the entire subscriber base. UAE nationals represented the most important proportion of subscribers, accounting for 72% of the entire subscriber base.
The information additionally confirmed robust participation from younger buyers beneath the age of 25 and girls, who in combination accounted for 45% of the entire subscriber base, underscoring the programme’s good fortune in advancing monetary inclusion.
Mobilising Nationwide Capital
H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Monetary Affairs, mentioned: “The UAE continues to advance a resilient and inclusive economic model built on a sophisticated financial and legislative infrastructure that aligns with the highest international standards. The listing of the country’s inaugural Sovereign Retail T-Sukuk Programme reflects the Ministry’s strategic vision to strengthen the efficiency of domestic capital markets and diversify sovereign funding sources, ensuring sustainable financial resources while providing highly secure investment solutions that reinforce the UAE’s long-term financial stability.”
HE added: “The exceptional investor demand for the inaugural offering, which exceeded expectations and achieved record levels of oversubscription, reflects the growing financial and investment awareness among members of society. It also demonstrates the programme’s success in broadening participation in government investment instruments and advancing financial inclusion by providing secure and trusted investment opportunities for all segments of society.”
HE concluded: “This issuance represents an important strategic instrument for deepening the integration between fiscal policy and the country’s key economic sectors by mobilising national capital and directing it towards initiatives that support comprehensive and sustainable development. The Ministry of Finance remains committed to fostering an enabling environment for financial innovation through close collaboration with the Central Bank of the UAE and the country’s financial markets, further strengthening the UAE’s global competitiveness as a leading and sustainable financial centre offering trusted saving and investment opportunities that meet the aspirations of all segments of society.”
Media Briefing
HE described the list of the inaugural Sovereign Retail T-Sukuk Programme on Nasdaq Dubai as a vital milestone in supporting the advance of a extra sustainable financial system whilst developing significant alternatives for people to give a contribution to the UAE’s ongoing adventure of expansion and prosperity.
“The Ministry of Finance has worked closely with the Central Bank of the UAE and our partners across the financial markets and banking sector to design this programme as a strategic bridge between the country’s sovereign financing objectives and the long-term saving aspirations of individual investors,” HE mentioned.
“The launch of this landmark programme also supports the objectives of the UAE’s Year of Family 2026 by providing financial solutions that strengthen household financial resilience while promoting a culture of sound financial planning among family members.”
Rising Funding Consciousness
H.E. Younis Haji Al Khoori added: “The strong response during the subscription period clearly reflects growing investment awareness among both UAE nationals and residents, as well as the high level of confidence in the UAE Government’s strong financial standing and the secure investment environment it has built. The Ministry of Finance remains committed to advancing financial inclusion and deepening the country’s capital markets. Through this issuance, we have successfully broadened access to government-backed investment opportunities, enabling a wider segment of society to diversify their portfolios through highly secure, Shariah-compliant sovereign instruments that offer the highest standards of transparency, low risk and trading efficiency.”
Increasing Get admission to In the course of the Capital Markets
In his remarks right through the development, Hamed Ali, Leader Government Officer of Nasdaq Dubai and Dubai Monetary Marketplace (DFM), mentioned:“The listing of the UAE’s inaugural Sovereign Retail T-Sukuk Programme marks an important step in the continued development of the country’s capital markets. By lowering the barrier to entry for government-backed fixed-income investments and bringing them to a transparent, regulated marketplace, this programme opens the door for more individuals to participate in an asset class that has traditionally been beyond the reach of many retail investors. We are proud to support the Ministry of Finance in broadening market participation and expanding access to investment opportunities.”
The development additionally featured a complete presentation by means of the Ministry of Finance group, outlining the buying and selling mechanisms and the important thing funding advantages of the Sovereign Retail T-Sukuk Programme. The media briefing concluded with an interactive question-and-answer consultation, adopted by means of a chain of media interviews with officers from the Ministry of Finance and representatives of Nasdaq Dubai, Dubai Monetary Marketplace (DFM) and the collaborating banks.
The development additionally featured a complete presentation by means of the Ministry of Finance group, outlining the buying and selling mechanisms and the important thing funding advantages of the Sovereign Retail T-Sukuk Programme. The media briefing concluded with an interactive question-and-answer consultation, adopted by means of a chain of media interviews with officers from the Ministry of Finance and representatives of Dubai Monetary Marketplace (DFM) and the collaborating banks.
A Milestone Constructed on Strategic Partnerships
The reputable list marks the a success final touch of a subscription length that ran from 24 June to 30 June 2026, attracting robust investor call for and reinforcing self assurance in government-backed funding tools structured in keeping with the rules of Islamic Shariah.
The a success supply of the programme displays shut collaboration between the Ministry of Finance and the Central Financial institution of the UAE (CBUAE), along Nasdaq Dubai and the Dubai Monetary Marketplace (DFM), with robust improve from a wide community of banking companions, together with Emirates NBD Financial institution, Emirates Islamic Financial institution (EIB), Abu Dhabi Islamic Financial institution (ADIB), Mashreq Financial institution, and Ajman Financial institution.
The inaugural indexed issuance carries important strategic worth, with a complete to begin with introduced issuance dimension of AED 50 million, used to be upsized to AED 100 million to capitalise on robust investor call for and wide marketplace participation and a minimal funding threshold of AED 1,000, making sovereign funding alternatives extra out there and enabling broader participation by means of person buyers.
The inaugural Sovereign Retail T-Sukuk Programme had a two-year tenor and presented a benefit price of four.30% in line with annum, with returns dispensed each and every six months. The sukuk at the moment are to be had for buying and selling at the secondary marketplace via accredited change agents and are supported by means of devoted marketplace makers and liquidity suppliers to make sure environment friendly value discovery, strengthen marketplace liquidity and facilitate seamless buying and selling.
The list broadens get admission to to government-backed, Shariah-compliant funding alternatives via a clear and controlled market, supporting the ongoing building of the UAE’s home capital markets whilst encouraging a tradition of long-term saving and funding.
This additional strengthens Nasdaq Dubai’s function as one of the crucial international’s main world venues for Sukuk and stuck source of revenue listings. The change lately hosts greater than USD 98.6 billion in remarkable Sukuk listings and over USD 141 billion in remarkable debt securities, supporting issuers from around the area and world markets whilst reinforcing Dubai’s place as an international centre for Islamic finance.
