Save for Life Festival by National Bonds

National Bonds, a Shari’a Compliant savings programme in UAE is running a promotion Save for Life Festival with additional draws to win 13 Mercedes Benz, AED 13 Million & 1 fully furnished Two Bedroom apartment .

National Bonds gives a rare opportunity for small and middle income people to keep their savings in a Shari’a compliant savings scheme. with a minimum investment of just Dhs. 100 which makes it attractive to any one!

Liquidity

Investment in National Bonds can be withdrawn over the counter at any Emirates Islamic Bank branch up to Dhs. 10,000 a day. Any withdrawal application above Dhs. 10,000 will be processed within 3 working days

Return

There are 101 prizes given away every week. The total value of these prizes is AED 1,155,000 a week. During 2007 and 2008, National Bonds distributed profit to bond holders at the rate of 6-7% per annum which is far higher compared to bank fixed deposit or similar savings scheme.

Security

The government of Dubai holds a 50% ownership in the company through Investment Corporation of Dubai and the main shareholders are Dubai Holding Company, Emaar Properties Company and Dubai Bank. It is licensed and regulated by the Central Bank of United Arab Emirates.

Simplicity

Opening of an account is very simple with minimal paper work. Any one can just walk in to a participating money exchange or bank, fill a form and deposit the amount. Copy of any identification documents is required.

Sharia Compliance

The National Bonds Mudaraba has its own Fatwa and Shari’a Supervisory Board to hold the responsibilities of directing, supervising, and scrutinizing to ensure that all aspects of the business and investments that the company is carrying out are Shari’a compliant. The board is led by Dr. Hussain Hamed Hassan, who also chairs the Fatwa and Shari’a Supervisory boards of several major Islamic financial institutions, both local and foreign.

For more information, visit: www.nationalbonds.ae