Dubai, UAE: For the ninth year in a row, National Bonds, the UAE’s leading sahri’a saving and invest company, is distributing ‘Eidiyah’ to more than 1000 lucky minor bondholders. ‘Eidiyah’ is an annual initiative that rewards minor bondholders via special electronic draws for AED 50 - held in celebration of Eid Al Fitr.
In its sustained efforts to encourage financial literacy in children and young people, National Bonds also allocates 200 daily and round-the-year prizes of AED 50 for minors as part of its rewards program that is considered the largest in the country.
National Bonds would like to convey it’s warmest Eid greetings to President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and members of the Supreme Council of the United Arab Emirates, on this joyous occasion.
About National Bonds Corporation PJSC
National Bonds, licensed and regulated by the UAE Central Bank, 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 PJSC announced an annual return up to 4% for 2017. 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 2017. 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 banks.
- National Bonds can also be purchased online at nationalbonds.ae
© Press Release 2018