National Bonds, a leader in sharia compliant savings and investment schemes, has scooped the award for ‘Best Islamic Savings Product in 2013’ at the Global Islamic Finance Awards ceremony held in Dubai.
Takaud, a specialist provider of savings and pensions, has launched a new individual savings plan which aims to diversify personal savings and widen the investment horizon for long term savers.
“There is clearly a critical n
The Dubai Mall, the world’s largest shopping and entertainment destination, has rolled out an exciting ‘Spring Break’ promotion offering shoppers the opportunity to win Dh100,000 ($27,217) in National Bonds for every Dh300 spen
Nearly 90 per cent of GCC residents, both locals and expatriates, are not saving enough for their future, a report said.
Seventy-one per cent of residents, in Bahrain, Kuwait, Qatar and Oman do not put any money aside, compared with 74
Sharia compliance is the key factor driving savings decisions by UAE nationals, where an ageing population is expected to boost demand for Islamic savings products, the chief executive of Dubai-based National Bonds Corp said.
Dubai's Shuaa Capital and savings scheme National Bonds formed a strategic alliance under which the investment bank will offer advisory and brokerage services to the Sharia-compliant firm.
The partnership is also aims at expanding the cust
Dubai's sovereign wealth fund, Investment Corporation of Dubai (ICD), has acquired a remaining 50 percent stake in National Bonds Corp, giving it full ownership of the savings scheme.
The investment arm of the emirate al
UAE-based National Bonds Corporation (NBC), the leading Sharia compliant saving scheme, has launched a new dedicated customer service centre for Skycourts, a $400 million residential development in Dubai.
The centre will operate as a singl
Dubai's Deyaar said on Tuesday it is returning the management of a residential project to its owner National Bonds Corp (NBC), the national saving scheme of the UAE.
The emirate's second-largest developer by market value said that
The former chief investment officer of the United Arab Emirates' National Bonds Corp left due to disagreements with senior management over the savings scheme's investment strategy, two sources told Reuters.
The state-owned firm, which pool