Emirates Islamic becomes 1st Islamic bank in UAE to launch Fractional Sukuk

  • Date: 29-Apr-2024
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Emirates Islamic becomes 1st Islamic bank in UAE to launch Fractional Sukuk

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with a minimum investment of as low as $25,000. The international Sukuk market typically requires a minimum investment of $200,000, posing a […]Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched Fractional Sukuk, an innovative new product catering to investors.

The exclusive offering grants customers access to international Sukuk markets with a minimum investment of as low as $25,000.

The international Sukuk market typically requires a minimum investment of $200,000, posing a challenge for retail investors seeking exposure to Sukuk markets.

Investors interested in accessing the Sukuk markets with smaller investment amounts will benefit from Shariah-compliant Fractional Sukuk, as this will enable them to diversify their investment portfolio and create an alternative income source.

Mohamed Al HadiActing HeadRetail Banking & Wealth ManagementEmirates Islamic

“We are proud to be the first Islamic bank in the region to introduce an innovative offering such as Fractional Sukuk, further cementing our position as a forward-thinking financial institution with a commitment to offering our customers with best-in-class, innovative Shariah-compliant products and services.