Money and business

The Ministry of Finance announces the launch of the “Individual Sukuk” initiative to invest in Islamic treasury bonds

The Ministry of Finance launched the “Individual Sukuk” initiative, to enable citizens and residents to invest in government treasury bonds, and to contribute to expanding the investor base in government financial instruments, and to enable individuals to invest easily and safely.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, confirmed that the Ministry of Finance’s launch of the “Individual Bonds” initiative constitutes a qualitative step towards enabling citizens and residents to invest in government treasury bonds, which contributes to expanding the investor base in government financial instruments, and enhances opportunities for participation in national economic growth.

His Highness said that the initiative embodies the vision of the wise leadership in empowering individuals, promoting a culture of saving, and developing government investment tools to be more comprehensive and sustainable, stressing that the UAE’s economy creates opportunities, gives hope, and establishes its position as a global model in human empowerment and leadership.

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