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

National Bonds encourages regular savings through standing orders with banks

Posted on 14 September 2010

From Ameinfo.com: National Bonds Corporation PJSC, the leading Sharia compliant saving scheme in the UAE, has made regular saving easier than ever with the launch of a Standing Instruction Order service through number of banks across the UAE, customers can now set up this service to make savings with National Bonds even more convenient.
A Standing Instruction Order is an agreement between a bank and customer where a fixed amount of money is transferred at regular intervals to another account……………………………………….Full Article: Source

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