The UAE Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, has launched the first-ever 7-year tranche of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk) valued at AED550 million. 

This represents the longest tenor issued under the programme to date, reflecting the strategic direction to extend and deepen the UAE dirham yield curve, said a WAM news agency report.

The new tranche attracted strong demand amounting to approximately AED3.1 billion, nearly six times the issuance size, showing investors’ confidence in the resilience of the national economy and the strength of the Islamic finance sector.

This came as part of the MoF’s announcement of the successful completion of the February auction of UAE dirham-denominated Islamic Treasury Sukuk, with a total issuance of AED1.1 billion. The issuance forms part of the Islamic Treasury Sukuk Programme for 2026, as published on the Ministry’s official website.

The Islamic T-Sukuk programme plays a vital role in supporting the development of the UAE’s dirham-denominated yield curve, offering secure investment instruments for a wide range of investors.