UAE Unveils High-Yield 5.06% Sovereign T-Sukuk for Retail Investors
The UAE Ministry of Finance has officially opened subscriptions for its second sovereign retail T-Sukuk, offering a lucrative 5.06% annual profit rate for investors seeking Shariah-compliant, government-backed returns. This new issuance provides a direct pathway for individuals to participate in government-backed Islamic financial instruments.
Investment Highlights and Terms
This five-year investment instrument is designed to encourage long-term savings and bolster the domestic dirham-denominated capital market. Key details of the offering include:
- Annual Profit Rate: 5.06%
- Tenor: 5 years
- Minimum Investment: Dh1,000
- Target Issuance Size: Dh50 million
- Profit Distribution: Scheduled on a semi-annual basis
Who Can Invest?
The T-Sukuk is available to both UAE nationals and residents, including the expatriate community, such as Indian nationals. To be eligible for subscription, applicants must possess:
- A valid Emirates ID.
- A Dubai Financial Market (DFM) National Investor Number (NIN).
Investors who do not currently have a NIN must secure one prior to attempting to subscribe.
How to Subscribe and Participating Banks
The subscription process is highly accessible through various digital platforms. Investors can apply via the DFM eIPO platform, the iVestor app, the DFM app, or through the digital channels of approved receiving banks.
Emirates NBD is acting as the lead receiving bank for this issuance. Other participating banks include:
- Emirates Islamic
- Abu Dhabi Islamic Bank (ADIB)
- Ajman Bank
- Mashreq
- Abu Dhabi Commercial Bank (ADCB)
- First Abu Dhabi Bank (FAB)
Critical Timeline for Investors
Investors should take note of the following schedule to ensure they participate within the designated windows:
- Subscription Period: Starts September 23, 2026, and closes on September 28, 2026.
- Allocation: Scheduled for September 29, 2026.
- Issuance Settlement: Set for September 30, 2026.
- Trading Commencement: Trading on Nasdaq Dubai is expected to begin on October 1, 2026.
A Proven Track Record
This second launch follows the massive success of the inaugural issuance in June. That initial offering, which featured a two-year tenor and a 4.30% profit rate, saw overwhelming demand, attracting Dh445 million in orders against a target of only Dh50 million.
Important Note: While the 5.06% profit rate serves as the baseline for potential returns, investors should be aware that T-Sukuk prices may experience fluctuations in the secondary market prior to maturity.