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Dubai / WAM
National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investment company in the UAE, has announced that it registered a 50 percent increase in the number of female regular savers in 2016 in comparison with 2015. In addition, the cumulative savings within the company’s various programs grew by 43 percent last year.
Currently, National Bonds has more than
32 percent female bondholders of whom approximately 20 percent are minors. Since the establishment of the company in 2006, 62 women – 30 UAE nationals and 32 expats – have won its grand prize draw worth AED 1 million, making up 40 percent of the total 160 winners.
Mohammed Qasim Al Ali, CEO of National Bonds, said: “These figures reflect the increase in awareness within the UAE community, among nationals and expats alike, about the significance of financial planning and financial responsibility.
The growth in the number of regular savers among our customers is an important indicator of the remarkable change in people’s financial behavior – they are increasingly recognizing their responsibility to build a better future for themselves and their families.