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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

National Bonds’ first-half sales exceed Dh1 billion

Posted on 27 July 2010

National Bonds Corporation PJSC, the leading Shari’a compliant savings scheme, has achieved sales of over AED 1 billion in the first half of 2010, taking its total number of customers to more than 590,000, a growth of 5% over last year. This means that around 8.5% of the UAE population is now National Bonds holders.
The popular savings scheme increased its number of female savers to 145,000, holding AED 1.1 billion in funds. Another segment that achieved growth in 2010 is minors, customers under the age of 16, who now number 94,000 with a total of AED 350 million in funds. UAE nationals increased to 168,000 and hold over AED 1 billion in funds……………………………………….Full Press Release: Source

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