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  • Home
  • Services
    Individuals & Corporate Services
    • Trust Voice
    • Submit Inquiries about the Ministry’s Services
    • Submitting a Suggestion Regarding the Ministry’s Services
    • Submitting Complaints About the Services of the Ministry of Finance
    • Register Suppliers in the Federal Supplier Register
    • Accreditation of eInvoicing Service Providers
    Government Services
    • Transfer of Financial Allocations Between Chapters and Programs
    • Request to Impose/Modify Fees for Federal Agencies Services
    • Request to Open and Close Bank Accounts for Federal Entities
    • Create or Remove New Hires Requests
    • Exemption Request from All or Some of the Debts and Dues Outstanding and Payable to the State’s Treasury
    • Tax Classification Requests for VAT and Corporate Tax ATTR
    Government Services
    • Processing of Requests from Federal Entities Regarding Federal Properties
    • Tableau (Smart Reporting System) / Data Lake User Management
    • Applying for a Request to Create or Modify Reports in the Data Lake
    • Providing support regarding accounting support requests of the Federal Entities
    • Contracting with the World Bank for Advisory Services
  • Public Finance
    UAE Financial Sustainability
    • UAE Financial Framework
    • Accrual Accounting Program
    • Segregation of Duties
    UAE Federal Budget
    • UAE Federal Budget Overview
    • UAE Federal Budget 2026
    • UAE Federal Budget 2025
    • UAE Federal Budget 2022 – 2026
    • UAE Federal Budget Archive
    • Government Financial Statistics
    Tax
    • Value Added Tax (VAT)
    • Corporate Tax​ in the UAE
    • Top-up Tax
    Government Procurement
    • Federal Supplier Register
    • Digital Procurement Platform
    • DPP Catalogue
    • Federal Government Procurement Procedures Guide
    • Current Business Opportunities
    • Supporting SMEs
    International Relations
    • GCC Economic Integration
    • Regional and International Partnerships and Agreements
    • Protection and Promotion of Investments
    • Double Taxation Agreements (DTAs)
    • Automatic Exchange of Information (AEOI) FATCA & CRS
    • Economic Substance Regulations (ESR)
    • Country-by-Country Reporting
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    • Our Participation in BRICS
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    • Request or Propose Data
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  4. Retail T-Sukuk
Subscriptions are now open from 8:00 AM on 24 June and will close at 2:00 PM on 30 June. The tenor is 2 years, with a profit rate of 4.30%.

Retail T-Sukuk

Overview

The Ministry of Finance has introduced innovative investment solutions that enable UAE citizens and residents to invest directly in UAE Treasury Sukuk (T-Sukuk), which were previously accessible primarily to institutional investors.

These initiatives represent a significant milestone in broadening retail participation in sovereign investment instruments while supporting the development of the domestic capital market and strengthening the Islamic finance ecosystem.

The T-Sukuk are issued in UAE Dirhams (AED) under a Shariah-compliant Ijarah/Murabaha structure, providing investors with access to stable, government-backed investment opportunities.

Overview

Invest in UAE Sovereign Sukuk from AED 1,000

The Ministry of Finance (MoF) offers individuals the opportunity to invest in Shariah-compliant UAE Treasury Sukuk (T-Sukuk) through two accessible channels: Retail T-Sukuk and Fractionalised T-Sukuk. These initiatives expand access to secure, government-backed investment opportunities and support the UAE’s vision for financial inclusion, innovation, and long-term savings.

Retail T-Sukuk

Direct participation in new issuances from AED 1,000.

Fractionalised T-Sukuk

Access to existing listed T-Sukuk through participating banks from AED 4,000.

Investment Channels

Retail T-Sukuk

Retail T-Sukuk provide investors with direct access to newly issued sovereign Sukuk through a fully digital subscription process.

Key Features

  • Minimum investment: AED 1,000
  • Fixed profit rate determined for each issuance
  • Semi-annual profit distributions
  • Listed and tradable on the secondary market following issuance
  • Subscription through DFM and Receiving Banks’ digital channels

Fractionalised T-Sukuk

Fractionalised T-Sukuk allow investors to purchase fractional interests in existing UAE Treasury Sukuk through Participating Banks’ digital platforms.
Each fractional unit represents a pro-rata ownership interest in the underlying government Sukuk, mirroring its structure, characteristics, and profit distribution schedule.

Key Features

  • Minimum investment: AED 4,000
  • Access to existing listed T-Sukuk
  • Flexible investment across available maturities
  • Semi-annual profit distributions on a pro-rata basis
  • Transparent market-linked pricing
  • Buy and sell functionality through Participating Banks’ digital platforms

Main Objectives

Broaden access to sovereign investment opportunities for citizens and residents.
Encourage financial literacy and long-term savings among individuals.
Support the development of the domestic capital market and the AED yield curve.
Promote inclusive participation in government-backed Islamic financial instruments.
Strengthen the UAE's position as a global hub for Islamic finance and innovation.

Who Can Invest?

Eligibility requirements vary depending on the investment channel and the participating institution.

Retail T-Sukuk

Eligible investors must hold a valid DFM National Investor Number (NIN) and be either a UAE National or a UAE Resident holding a valid Emirates ID.

Fractionalised T-Sukuk

Available to UAE citizens and residents holding a valid Emirates ID through Participating Bank’s digital platforms, subject to the banks’ terms and conditions.

Investment Details

Feature Retail T-Sukuk Fractionalised T-Sukuk
Investment Type New issuances Existing listed Sukuk
Minimum Investment AED 1,000 AED 4,000
Maturity As specified for each issuance Less than 1 year up to 5 years, depending on available Sukuk
Profit Distribution Semi-annual Semi-annual
Pricing Issued at par value Market-based pricing
Trading Tradable after listing Buy and sell through Participating Banks
Fees Subject to brokers/custodian  terms Buy fee: 0.25%; Sell fee: 0.25%; No redemption fee at maturity

Applicable taxes (including VAT, where applicable) may apply to fees charged by participating banks.

Ensuring Transparency and Liquidity

Liquidity and pricing are subject to market conditions. Participating banks’ digital platforms provide investors with:

Real-time access to holdings, accrued profits, and maturity schedules.

Transparent pricing linked to prevailing market rates.

Access to available buy and sell opportunities.

Secure digital onboarding and transaction capabilities.

Taxation

The United Arab Emirates does not impose personal income tax. Accordingly, profit distributions and principal repayments are not subject to local income tax.

However, taxes and charges applicable under the laws and regulations of the United Arab Emirates, including Value Added Tax (VAT), may apply to fees or commissions charged by participating banks or investment platforms, depending on the nature of the service provided.

Investors should review the terms and conditions of the relevant participating institution to determine any applicable fees or taxes.

Terms and Conditions

Investors should review the applicable terms and conditions, risk disclosures, eligibility criteria, and account requirements relevant to the selected investment channel, as made available by Participating Banks, approved digital platforms, or the applicable offering documentation.

Investment values and market prices may fluctuate in line with market conditions, and past performance is not indicative of future results.

Additional restrictions, fees, eligibility requirements, and investment limits may apply depending on the investment channel, participating institution, and applicable regulations.

Partners

The Ministry of Finance is implementing these initiatives in collaboration with participating banks and relevant market infrastructure providers.

CENTRAL BANK OF THE U.A.E
DFM
Nasdaq Dubai
Emirates NBD
EMIRATES ISLAMIC
ADIB
mashreq
Ajman Bank

Press Releases

Press release link

Issuance Calendar

Issuance Programme

Offering Documents

Final Term Sheets

(222 KB, PDF)

Information Memorandum

(688 KB, PDF)

Project Falcon III - Receiving Bank Particulars

(203 KB, PDF)

Frequently Asked Questions (FAQs)

Please refer to the dedicated FAQ sections for Retail T-Sukuk and Fractionalized T-Sukuk for further information on
eligibility, subscription processes, profit distributions, trading arrangements, and risk considerations.

Frequently Asked Questions

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