Save with National Bonds

National Bonds gives a rare opportunity to keep their savings in a Shari’a compliant savings scheme with a minimum investment of just Dhs. 100 which makes it attractive to any one!


Investment in National Bonds can be withdrawn over the counter at any Emirates Islamic Bank branch up to Dhs. 10,000 a day. Any withdrawal application above Dhs. 10,000 will be processed within 3 working days


Under the new format, there will be 5,135 prizes every week, which will be distributed across different prize categories – 5 prizes of AED10,000, 10 prizes of AED 5,000, 20 prizes of AED 1,000, 100 prizes of AED 500 and 5,000 prizes of AED 100. Bondholders with a minimum of AED 3,000 or more savings will be eligible for the AED 1 million draw while all bondholders regardless of their savings amount are eligible for all 5,135 weekly prizes. During 2007 and 2008, National Bonds distributed profit to bond holders at the rate of 6 to 7% per annum and for 2009 it was 3.54%.


The government of Dubai holds a 50% ownership in the company through Investment Corporation of Dubai and the main shareholders are Dubai Holding Company, Emaar Properties Company and Dubai Bank. It is licensed and regulated by the Central Bank of United Arab Emirates. However the deposit is not guaranteed.


Opening of an account is very simple with minimal paper work. Any one can just walk in to a participating money exchange or bank, fill a form and deposit the amount. Copy of any identification documents is required.

Sharia Compliance

The National Bonds Mudaraba has its own Fatwa and Shari’a Supervisory Board to hold the responsibilities of directing, supervising, and scrutinizing to ensure that all aspects of the business and investments that the company is carrying out are Shari’a compliant. The board is led by Dr. Hussain Hamed Hassan, who also chairs the Fatwa and Shari’a Supervisory boards of several major Islamic financial institutions, both local and foreign.

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