04.03.2013 - National Bonds announces 1.5pct profit rate for 2012
National Bonds Corporation , a Shariah-compliant savings scheme, on Saturday announced a profit rate of up to 1.5 per cent for 2012, lower than what it had announced for 2011.For 2011, the company had announced a profit rate of up to 2 per cent. In 2010, the profit rate was 3.78 per cent while in 2009 it was 3.54 per cent. The company said the annualised returns were, however, 2.62 per cent, which comprise a profit rate of up to 1.5 per cent (lowest since its inception in 2006) and earnings through 501,032 prizes and incentives equaling 1.12 per cent distributed through 2012 from its own funds...............................................Full Article: Source
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