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UAE launches first retail T-Sukuk, letting residents invest in government-backed assets from Dh1,000

UAE residents can now invest in government-backed Islamic Treasury Sukuk with a minimum of Dh1,000, thanks to the launch of the Sovereign Retail T-Sukuk programme. This Shariah-compliant product, developed with the Central Bank, aims to boost savings and financial inclusion by offering individuals direct access to sovereign investment opportunities previously reserved for institutions.

The Times of India 19 Jun 2026 3:17 pm

Saudi Arabia warns drivers of up to SR900 fines for illegal car window tinting

Saudi Arabia's traffic department is reminding drivers about window tinting rules. Fines of SR500 to SR900 apply for violations. Tinting is allowed but must meet specific transparency standards. The front windshield must remain clear, with exceptions for authorized upper strips. Authorities emphasize clear visibility for safety and security.

The Times of India 18 Jun 2026 1:08 pm