New
National Bonds Corporation
National Bonds, licensed and regulated by the UAE Central Bank, is a sharia-compliant savings scheme that provides a credible and safe savings opportunity for UAE nationals, residents and non-residents. Even minors can own National Bonds, provided the bonds are purchased by the parent/guardian. Each bond costs AED10, with a minimum purchase option of AED100. National Bonds Corporation PJSC announced annual returns of up to 4% for 2015. Since its inception, the scheme has had an annualized rate of return of 51.2%, which is a combined average of annual returns and prizes distributed till 2015. National Bonds is a unique savings program offering:
· An opportunity to win more than 40,000 prizes every month. These include monthly and quarterly prize draws in two separate categories – one for UAE nationals and one for expats. The grand prize draw that takes place on the first Sunday of every quarter offers two participants the chance to win a million dirhams each. The monthly draw rewards two lucky bondholders with a BMW car in addition to AED10,000 each for two women bondholders and two minor bondholders. Moreover, regular savers can win 15 prizes worth AED10,000 every month. The monthly rewards also include 40,000 cash giveaways worth AED50 each, out of which 24,000 are distributed among randomly selected bondholders, while 4,000 are dedicated to women bondholders, 4,000 to minor bondholders and 8,000 to regular savers.
· Easy redemption after an initial 30-day holding period by calling 600522279 or instant cash redemption up to AED10,000 per day at selected Al Ansari Exchange or UAE Exchange branches across the UAE.
· No subscription fee for the purchase of bonds. Customers can open an account for free and redeem bonds at any time without paying a penalty.
· An option to participate in the Employee Savings Program that offers government and private sector employees an opportunity to save a portion of their salary on a monthly basis while being entitled to all the benefits and rewards offered by National Bonds.
· Instant purchase from nearly 1,700 outlets across the UAE, including the Sukuk Express service through MBME - The Cube kiosks, Emirates Post offices, exchange houses and banks.
· Online purchase at www.nationalbonds.ae
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