{"id":69539,"date":"2026-04-29T14:07:47","date_gmt":"2026-04-29T10:07:47","guid":{"rendered":"https:\/\/blog.dubaicityguide.com\/site\/?p=69539"},"modified":"2026-04-29T14:07:47","modified_gmt":"2026-04-29T10:07:47","slug":"nasdaq-dubai-welcomes-listing-of-aed1-1-billion-islamic-treasury-sukuk","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/nasdaq-dubai-welcomes-listing-of-aed1-1-billion-islamic-treasury-sukuk\/","title":{"rendered":"Nasdaq Dubai Welcomes Listing Of AED1.1 Billion Islamic Treasury Sukuk"},"content":{"rendered":"<div class=\"content-wraper\">\n<article class=\"content\">\n<p class=\"read\">Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell at Nasdaq Dubai to mark the listing of additional <a href=\"https:\/\/www.uaetoday.com\/\" target=\"_blank\" rel=\"noopener\">UAE<\/a> dirham-denominated Islamic Treasury Sukuk issued by the Ministry of Finance, with a total value of AED1.1 billion.<\/p>\n<p class=\"read\">During the ceremony, he was joined by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Abdul Wahed Al Fahim, Chairman of Nasdaq <a href=\"https:\/\/dubaiverse.io\/\" target=\"_blank\" rel=\"noopener\">Dubai<\/a>; and Hamed Ali, Chief Executive Officer of Nasdaq Dubai and Dubai Financial Market (DFM), in the presence of senior officials from both organisations.<\/p>\n<p class=\"read\">The additional amounts represent tap issuances of two existing series under the UAE Federal Government\u2019s Islamic Treasury Sukuk (T-Sukuk) Programme.<\/p>\n<p class=\"read\">This comprised a AED550 million tap of the 3.49% Sukuk due October 2027, increasing its total outstanding to AED 2.2 billion, alongside a AED550 million tap of the 3.779% Sukuk due February 2033, which now stands at AED1.1 billion.<\/p>\n<p class=\"read\">Mohamed bin Hadi Al Hussaini said that the listing of additional UAE dirham-denominated Islamic Treasury Sukuk issuances on Nasdaq Dubai reaffirms the Ministry of Finance\u2019s commitment to supporting the UAE Government\u2019s Islamic Treasury Sukuk Programme and strengthening its role within an efficient and flexible national financial system.<\/p>\n<p class=\"read\">Al Hussaini added that the move will further bolster the ministry\u2019s approach to developing local currency government debt instruments, thereby enhancing the dirham yield curve, broadening the investor base, and supporting the development of a deeper and more diversified fixed-income market.<\/p>\n<p class=\"read\">He noted that the increases in the existing issuances reflect the UAE\u2019s strong credit position and the high level of confidence in its financial system, as well as its ability to provide reliable government instruments that promote market stability and liquidity.<\/p>\n<p class=\"read\">He added that the programme continues to strengthen the UAE\u2019s financial infrastructure in line with best practices. He reaffirmed the ministry\u2019s commitment to boosting the efficiency of government issuance management and reinforcing the UAE\u2019s position as a leading financial hub.<\/p>\n<p class=\"read\">For his part, Abdul Wahed Al Fahim said, \u201cThe UAE is committed to further promoting its position as a leading hub for the development of capital markets. The strong demand for the Islamic Treasury Sukuk programme reflects the confidence investors place in the resilience of the country\u2019s economy and the sustainability of its long-term development vision. The programme also contributes to enhancing the dirham-denominated yield curve and reinforces the UAE\u2019s standing as a trusted and attractive destination for investors from around the world.\u201d<\/p>\n<p class=\"read\">Meanwhile, Hamed Ali said, \u201cThe UAE Federal Government\u2019s latest Islamic Treasury Sukuk issuance highlights the strength of the country\u2019s Islamic finance ecosystem and its strategic role in global capital markets. As investor demand for such instruments continues to grow, Nasdaq Dubai remains well positioned to facilitate efficient market access and support the continued development of capital markets in the region.\u201d<\/p>\n<p class=\"read\">With these tap issuances, the total value of outstanding Sukuk currently listed by the UAE Federal Government on Nasdaq Dubai has reached US$7.5 billion, highlighting the sustained growth of the programme. The total value of outstanding Sukuk listed on Nasdaq Dubai now stands at US$99.4 billion, reinforcing the exchange\u2019s position as one of the world\u2019s leading international hubs for Islamic finance.<\/p>\n<p class=\"read\">The tap issuances form part of the UAE Islamic Treasury Sukuk Programme, which continues to advance the development of the dirham-denominated yield curve, strengthen the domestic fixed income landscape, and expand access to Sharia-compliant investment instruments with high credit ratings for regional and international investors.<\/p>\n<p class=\"read\">The listing further underlines the growing role of UAE dirham-denominated Islamic Treasury Sukuk within domestic capital markets, contributing to the development of the government debt market and enhancing the visibility of UAE sovereign issuances on Nasdaq Dubai, in line with the Ministry of Finance\u2019s objectives to establish an advanced and sustainable financial system.<\/p>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, rang the market-opening bell at Nasdaq Dubai to mark the listing of additional UAE dirham-denominated Islamic Treasury Sukuk issued by the Ministry of Finance, with a total value of AED1.1 billion. During the ceremony, he was joined by Younis Haji AlKhoori, Undersecretary of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":69540,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-69539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/69539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=69539"}],"version-history":[{"count":2,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/69539\/revisions"}],"predecessor-version":[{"id":69542,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/69539\/revisions\/69542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/69540"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=69539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=69539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=69539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}