UAE lists second Sovereign Retail T-Sukuk on Nasdaq Dubai

The Ministry of Finance has announced the official listing and commencement of secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai on Friday, following the successful completion of subscription, allocation, and settlement.

With secondary trading now active on Nasdaq Dubai, investors gain full portfolio flexibility, enabling them to expand their holdings or execute an early exit by selling on the exchange.

The offering generated an exceptional response across investor segments, with subscription orders reaching AED 285 million, approximately 5.7 times the target issuance size of AED 50 million.

The second offering also expanded public participation and advanced financial inclusion. Retail investors subscribing for AED10,000 or less made up 75 percent of all subscription applications, while UAE nationals represented 69 per cent of the overall demand.

The offering attracted broad international interest across 110 nationalities.

Participation was further bolstered by women, who accounted for 17 per cent of total invested capital, while young investors under 25 also showed strong engagement. Notably, nearly half of the unique subscribers were returning investors from the inaugural tranche.

“Continued strong demand from individual investors reflects deep confidence in our national financial infrastructure and highlights our ongoing efforts to expand public participation in sovereign initiatives," said Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs.

The listed Sukuk offers a balanced investment option featuring a five-year tenor, semi-annual profit distributions and a minimum investment threshold of AED1,000.

Following the subscription period held from September 23-28, secondary-market trading is now live on Nasdaq Dubai. Investors and traders can buy or sell units directly through authorised brokers, with active market makers and liquidity providers supporting continuous order-book execution to give investors complete portfolio flexibility.