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18 May 2024

National Bonds hits record Dh2bn sales

By Staff Writer

National Bonds marked its second anniversary as the first Islamic savings programme in the UAE, saying it has scored record sales growth.


National Bonds’ sales since 2006 have exceeded Dh2 billion, which led to an increase in the total value of monthly prizes to customers to Dh5 million as of early this year.


To mark the event, a ceremony was held in Dubai and was attended by Board Chairman Mohammed Ibrahim Al Shaibani, business partners and staff.


National Bonds is a Dubai-based private joint-stock company, which is 50 per cent owned by the Dubai Government. The company’s main shareholders are Dubai Holding, Emaar Properties and Dubai Bank. (Wam)