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Islamic T-Sukuk auction for July attracts bids worth Dhs5.35b

August 01, 2025

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Gulf Today

The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the July 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to Dhs1.1 billion. This issuance forms part of the T-Sukuk issuance program for the year 2025, as published on the MoF's official website.

- Staff Reporter, Gulf Today

The auction attracted robust demand from eight primary dealers across both tranches maturing in August 2028 and May 2030. The total bids received reached Dhs5.35 billion, reflecting an oversubscription of nearly five times and underscoring the strong confidence of investors in the UAE's creditworthiness

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