Dubai:The Ministry of Finance has officially listed and commenced secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai. This follows the successful completion of the subscription, allocation, and settlement processes.
According to Emirates News Agency, this new offering is part of the Ministry's ongoing efforts to broaden investment participation in the national economy and provide secure, government-backed savings options that encourage long-term financial planning. The initiation of secondary trading allows investors full portfolio flexibility, enabling them to expand their holdings or execute an early exit by selling on the exchange.
The offering received an exceptional response across investor segments, with subscription orders reaching AED285 million, approximately 5.7 times the target issuance size of AED50 million. The second offering also expanded public participation and advanced financial inclusion, with retail investors subscribing for AED10,000 or less making up 75 percent of all subscription applications. Additionally, 69 percent of the overall demand came from UAE nationals, and the offering attracted interest from 110 nationalities globally.
Women accounted for 17 percent of total invested capital, while young investors under 25 also showed strong engagement. Nearly half of the unique subscribers were returning investors from the inaugural tranche.
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, stated that the commencement of trading for this second issuance marks a strategic milestone in deepening the UAE's domestic AED-denominated capital markets. He emphasized the strong demand from individual investors as a reflection of confidence in the national financial infrastructure and the Ministry's commitment to expanding public participation in sovereign initiatives.
Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market, highlighted the growing appetite for high-quality Sharia-compliant instruments among individual investors. He noted that Nasdaq Dubai and DFM continue to enhance liquidity and market access, empowering investors with flexible secondary trading capabilities.
The listed Sukuk offers a balanced investment option with a five-year tenor, semi-annual profit distributions, and a minimum investment threshold of AED1,000. Following the subscription period, secondary-market trading is now live on Nasdaq Dubai, allowing investors and traders to buy or sell units directly through authorized brokers with the support of active market makers and liquidity providers.