UAE approves issuance of a trial license for fractional sukuk project: Dubai Media Office
Fractional sukuk use technology to digitally divide a sukuk into small portions that can be sold to retail investors
CAIRO: The United Arab Emirates approved on Tuesday the issuance of a trial license for a fractional sukuk project under the supervision of the market authority, the Dubai media office said.
Fractional sukuk use technology to digitally divide a sukuk, or Islamic bond, into small portions that can be sold to retail investors.