Banker Middle East fetes National Bonds

National Bonds Corporation, the leading Shariah-compliant savings and investments company in the UAE, scooped the Best Savings Account for 2014 at the Banker Middle East Product Awards, hosted by publishers CPI Financial.

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Published: Sun 30 Mar 2014, 10:44 AM

Last updated: Tue 7 Apr 2015, 10:32 PM

National Bonds won the award for its unique savings programme that registered a 23 per cent increase in the number of bondholders and distributed 515,223 prizes totalling Dh49 million from the company’s own funds as daily, weekly and monthly draws — equalling up to 2.89 per cent combined annual returns for 2013.

“We are pleased to receive this industry distinction that reaffirms our progress in the right direction as we continue to innovate our value offerings to ensure the best dividends for our bondholders. We understand that the inability to save due to financial limitations or lack of awareness is a cause for concern to a considerable number of people worldwide,” said Mohammed Qasim Al-Ali, chief executive officer of National Bonds. “National Bonds will continue to provide the best savings solutions and investment opportunities to its 740,000 customers that will augment the efforts of the government in strengthening the concept of an Islamic economy.”

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