### Key Highlights
• Total Bids: Dh4.54 billion in bids for the auction.
• Oversubscription Rate: The auction was oversubscribed by 4.1 times.
• Issuance Amount: A total issuance of Dh1.1 billion was completed.
The Ministry of Finance (MoF) of the UAE, in collaboration with the Central Bank of the UAE (CBUAE), has successfully completed the auction for October 2026 of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk) and Treasury Bonds (T-Bonds). This auction resulted in a total issuance of Dh1.1 billion, showcasing the UAE's robust financial framework and investor confidence.
The auction attracted significant interest from primary dealers, particularly for the T-Sukuk maturing in October 2029 and the T-Bonds tranche maturing in January 2031. The total bids received amounted to Dh4.54 billion, which indicates an impressive oversubscription rate of 4.1 times. This level of demand is a strong indicator of the market's confidence in the UAE's creditworthiness and the effectiveness of its Islamic finance framework.
## Growing Interest in Islamic Finance The successful auction is part of the broader T-Sukuk issuance program for 2026, which aims to enhance the liquidity and depth of the UAE's financial markets. The MoF has been proactive in engaging with investors to ensure that the Sukuk offerings meet market needs while adhering to Islamic finance principles.
The participation in this auction underscores the growing interest in Islamic finance instruments, which are increasingly being recognized for their ethical investment principles and compliance with Sharia law. Investors are drawn to these instruments not only for their potential returns but also for their alignment with socially responsible investment strategies.
As the UAE continues to strengthen its position as a global hub for Islamic finance, such successful auctions will likely pave the way for further innovations in financial products that cater to both local and international investors. The MoF's commitment to transparency and effective communication with market participants is essential in maintaining this momentum.
The recent auction reflects a healthy appetite for UAE government securities, reinforcing the nation's economic stability and the attractiveness of its financial instruments in the global market.
--- ### Sources & References
• [MOF]: [Treasury Sukuk & Bonds Auctions Attract AED 4.83 Billion in Bids](https://mof.gov.ae/en/news/treasury-sukuk-bonds-auctions-attract-aed-4-83-billion-in-bids/)
• [ZAWYA]: [Treasury Sukuk & Bonds auction for October 2026 attracts bids ... - ZAWYA](https://www.zawya.com/en/press-release/government-news/treasury-sukuk-bonds-auction-for-october-2026-attracts-bids-worth-aed-4.54bln-1858722)
• [EN]: [Treasury Sukuk & Bonds Auction for October 2026 attracts bids worth Dh4 ...](https://en.aletihad.ae/news/business/4702611/treasury-sukuk---bonds-auction-for-october-2026-attracts-bid)
• [ARABIANBUSINESS]: [UAE Treasury sukuk and bonds attract $1.24bn in bids as auction ...](https://www.arabianbusiness.com/finance/uae-treasury-sukuk-and-bonds-attract-1-24bn-in-bids-as-auction-oversubscribed-4-1-times)
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