National Bonds launches back-to-school rewards program

Notes and media contacts

About National Bonds Corporation:
A private shareholding company, National Bonds Corporation (NBC) is a Dubai-based entity that was launched in March 2006. The Government of Dubai holds a 50 per cent ownership in the company with each of its local shareholders, comprising Dubai Bank, Dubai Holding and Emaar Properties, holding 16.6 per cent ownership respectively. National Bonds Corporation is Sharia compliant, with a dedicated Sharia Board to oversee all financial aspects, including product-related operations and investments.

Since its launch in 2006, National Bonds has come up with various successful initiatives in community development. In December 2006, it launched "Skycourts," the elegant and affordable freehold residential community in the heart of Dubailand Residence Complex. In 2007, National Bonds launched National Properties, a wholly owned, full-service real estate subsidiary that offers distinctive homes and lifestyle options to the multinational UAE community. They also launched Madaares PJSC, an initiative aimed at raising quality standards in the region's education sector. Madaares has acquired Taaleem and its associate Beacon Education, a leading provider of high-end primary and secondary education in the Gulf region consolidate its position in the fast-growing education sector

About National Bonds:
National Bonds is the National Saving Scheme of the UAE that provides UAE nationals, UAE residents and non-residents over the age of 16 with a credible, safe and Sharia-compliant savings opportunity. Minors can also own National Bonds, provided the bonds are purchased by the parent/guardian.

National Bonds offers all participants the opportunity to win up to Dhs1m in monthly draws. The programme is based on the Islamic principle of Mudaraba, whereby at the end of the financial year 20% of the profits made by the National Bonds Corporation (NBC) will be distributed among bondholders.

For further information, please contact:

Sudha Hemmad /Anusyia Nathan/Mohammed Daggamseh
ASDA'A Public Relations
Tel: +971-4-3344550
Fax: +971-4-3344556