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The Times of India
The Times of India
World
TOI World Desk

UAE launches first 7-year Islamic Sukuk: AED 550m tranche sees sixfold demand surge

UAE Economy

The UAE has introduced its first-ever seven-year Islamic Treasury Sukuk, marking the longest maturity issued under the programme so far. The AED550 million tranche attracted nearly six times its value in bids, underscoring strong investor appetite and confidence in the country’s Islamic finance framework.

Longest tenor issued under the programme

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