Dubai: In support of The Mohammed bin Rashid SME Foundation, National Bonds, the leading investment company that takes pride in its innovative Shari'a approach to financial products and services, has just signed an agreement with Stratum, one of local talented Owners Association Management companies operating in Dubai, UAE. They will manage the common areas of the owners’ residential units and apartments at Casa Flores and Eden Apartments, in Green Community, Motor City.
The agreement was signed by Mr. Mohammed Al Ali, CEO of National Bonds, and Mr. Saeed Abdulkareem Al Fahim, CEO of Stratum. The signing ceremony was attended by senior officials from both companies.
Commenting of the agreement, Al Ali said, “Through this cooperation agreement with a local brand like Stratum, real estate owners will be empowered to manage the common areas of residential units and apartments in keeping with the highest standards and quality. This is an obvious indication of our commitment and mutual determination to provide owners with better services, which will in turn support our leading position in the market. In addition, the agreement indicates our relentless efforts to align with the objectives of The Mohammed Bin Rashid SME Foundation.”
Al Fahim said, “We are proud with the decision of National Bonds to select Stratum as the manager of The Casa Flores Project. This is an indication of our remarkable position and experience in providing quality management services to community owners. This step is undoubtedly aligned with our vision to provide top services for the common areas of real estate owners.”
About National Bonds Corporation PSC
National Bonds, is a Sharia'a compliant saving scheme that provides UAE nationals, UAE residents and non-residents with a credible and safe savings opportunity. Minors can also 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 PSC announced an annual return up to 4% for 2018. The scheme has distributed an annualized rate of return of 52% since inception, which is a combined average of annual returns and prizes distributed till 2018. National Bonds is a unique savings scheme with a diversified client base, offering:
Opportunity to win more than 40,000 prizes every month. These prizes include monthly and quarterly awards distributed to UAE nationals and residents in separate categories. The quarterly prize offers two participants the chance to win a million dirham award every first Sunday of the quarter. The monthly awards give two bondholders the chance to win AED10, 000 to two women bondholders, and AED 10,000 to two minor bondholders. In addition, regular savers have the chance to win 15 awards worth AED10, 000 every month. The monthly prizes also include give away cash awards valued at AED50 each. The awards are allocated to 4,000 women bondholders, 4,000 minor bondholders, 8,000 regular savers, and 24,000 awards for all individual bondholders.
National Bonds can be purchased from nearly 1,700 outlets across the UAE, including The Sukuk Express through MBME - The Cube machines, Emirates Post offices, exchange houses and selected banks.
National Bonds can also be purchased online at www.nationalbonds.ae
For more information, please contact
© Press Release 2019