Press Releases

Press Releases

 

National Bonds Launches ‘Prestige’ Wealth Management Program for High Networth Individuals and Investors

HE Sheikha Dr Hind Al Qassimi, Chairwoman of BPW Club, as Guest of Honor

Dubai-UAE: 11 December, 2016 - National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investments company in the UAE, has launched its Prestige wealth management program for the benefit of high net-worth customers that total more than 11,000 of the company’s 817,000 client base.

National Bonds announced the program at a special gala dinner at the Ritz Carlton in Dubai International Financial Center (DIFC). Attended by guest of honor, Her Excellency Sheikha Dr Hind Al Qassimi, Chairwoman of Business Professional Women Emirates Club, as well as businessmen, private and public sector officials, and media representatives, the event featured a performance by the famous comedian, Wonho Chung. Dr. Nadia Buhannad, Founder and Managing Director of Sikologia Consultancy and Training, gave a presentation on how financial pressures affect individuals’ health in line with the program’s slogan ‘The Privilege of a Good Night Sleep’ to highlight the initiative’s overarching message of ensuring peace of mind to wealthy individuals.

The Prestige program is the result of successful wealth management operations at National Bonds. The confidence it has been entrusted by investors contributed to the company being handed the 2016 Best Wealth Management Service in the UAE Award for the second year in a row. National Bonds’ Sanadi program launched earlier this year was also named Best New Takaful Product in the UAE for 2016 by the Islamic & Business Finance Awards organized by CPI.

Highlighting the program’s goals and its features, Mohammed Qasim Al Ali, CEO of National Bonds, said: “Today, we are proud to present our new Prestige program that was designed by the company’s Wealth Management Department to provide high networth individuals with competitive advantages and returns, in addition to AED6 billion worth of investment opportunities within NBC’s portfolio.”

He added: “We aim from this program to recognize our customers who have trusted us to manage their saving accounts amidst an increased awareness on the importance of financial planning and risk-free responsible investment. This is an advanced step in the company’s efforts towards educating the public about sharia-compliant savings and investments tools. It also aligns with our mission to boost the national economy and provide the UAE’s citizens and residents with financial instruments and plans that help them achieve sustainable financial stability and security.”

Al Ali pointed out that private wealth in the UAE is set to grow 14.1% annually to reach US$1 trillion by 2020, emphasizing that this wealth represents a pillar of social and economic growth towards a more secure future. He also mentioned that sound management of private wealth, as well as financial planning that is based on a wise, clear and long-term vision, will help protect the welfare of investors.

Al Ali noted: With the rising culture and concepts of Islamic economy today, and the increasing global interest in sharia-compliant financial products, we are in for a new investment era in which governments and corporations will utilize real assets and vital sectors to revive growth, provide job opportunities, and achieve long-term revenues

“We are confident the Prestige program will help us create a new concept for financial planning and responsible investment. We also hope that the program will encourage savers to commit to a financial plan that helps them generate revenues and enables them to achieve their dreams for a more stable future.”

The new Prestige program will feature three categories – gold, silver and bronze. Each category will provide services, such as free financial planning advisory, a relationship manager for Islamic financial transactions, priority in real estate sales invested by the company, a dedicated contact number for the program’s clients, a maximum amount for instant cash withdrawal, and greater opportunities to win in the draws.