Government & Regulations

The Central Bank of the UAE (CBUAE) has introduced a new official symbol for the UAE dirham, designed to represent the national currency both physically and digitally. The symbol, inspired by the UAE national flag and the English letter "D", aims to enhance the currency’s global recognition while reinforcing financial stability and innovation.

A Symbol of Stability and Innovation

The physical dirham symbol is derived from the English name of the currency, incorporating two horizontal lines that represent stability and reflect the UAE’s strong financial and monetary system.

Meanwhile, the digital dirham symbol features a circle around the physical dirham sign, incorporating UAE flag colors to highlight national pride, security, and the UAE’s commitment to a modern financial ecosystem.

Rooted in National Identity

The design of the new dirham symbol integrates elements from classical Arabic calligraphy, specifically Thuluth and Diwani scripts, which are known for their graceful and authoritative curves. This ensures instant recognition while maintaining a contemporary yet culturally significant aesthetic.

The circular element in the digital version represents a digital token, symbolizing continuity, security, and the UAE’s vision for a future-focused financial system.

Aligning with Global Financial Standards

The launch of the new dirham symbol coincides with the CBUAE’s recent adoption of the FX Global Code, making it the first central bank in the Arab region to do so. This move aims to:

• Establish the UAE dirham as an internationally recognized currency

• Enhance integrity and transparency in foreign exchange markets

• Promote ethical and professional financial practices

The Digital Dirham: A Step Towards the Future

The CBUAE is also set to issue the "Digital Dirham" as a secure and efficient digital version of the national currency. Using blockchain technology, the Digital Dirham will offer:
✔ Reduced transaction costs
✔ Enhanced security
✔ Instant settlement of transactions

Expected to be available for the retail sector in Q4 2025, individuals and businesses will be able to obtain the Digital Dirham through licensed financial institutions such as banks, exchange houses, and fintech companies.

Key Features of the Digital Dirham

• Tokenisation: Facilitates financial inclusion and allows digital asset fractionalisation

• Smart Contracts: Enable automated execution of complex financial transactions

• Integrated Digital Wallet: Allows for retail, wholesale, and cross-border payments

The CBUAE has also developed a secure digital platform, ensuring that the Digital Dirham is seamlessly integrated into the UAE’s growing digital economy.

This initiative reinforces the UAE’s position as a global financial hub, combining innovation, security, and national identity in the evolution of its currency.

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