UAE to issue Dh50m in first sovereign retail T-sukuk offering (opens original article in a new tab)

The UAE will issue Dh50 million in its first sovereign retail treasury sukuk, open to all residents with a minimum investment of Dh1,000 and 4.3% annual profit over two years. The subscription period runs from June 24 to 30, with the bonds listed on Nasdaq Dubai starting July 2.

• UAE to issue Dh50m in sovereign retail treasury sukuk with 4.3% annual profit over two years
• Subscription period from June 24 to 30, listed on Nasdaq Dubai starting July 2
• First retail offering open to all residents with Dh1,000 minimum investment