National Bonds and Knowledge Fund Establishment Announce the Addition of New Schools to the ‘Young Investor’ Program

National Bonds and Knowledge Fund Establishment Announce the Addition of New Schools to the ‘Young Investor’ Program
Tuesday, October 22, 2024

  • In alignment with Dubai Social Agenda 33, the ‘Young Investor’ program supports Dubai’s broader vision of advancing the educational system and equipping students with future-ready skills.

     

  • The ‘Young Investor’ program, is the first of its kind in the Middle East, and will include students in grades 5 and 6 in its first phase.

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National Bonds, the UAE’s leading Shari’a-compliant savings and investment company, in partnership with Knowledge Fund Establishment, proudly announces the addition of three new schools to the ‘Young Investor’ program, the first of its kind in the Middle East. With this expansion, the program will now cover a total of six private schools in its first phase.

This was celebrated at an event organised by National Bonds, where Al Nibras International School, Buds Public School, and St. Mary’s School Oud Metha, were welcomed as new participants in the program. These schools joined as a result of the positive response the initiative received from the educational community after it was implemented in Dubai schools Nad Al Sheba, Al Khawaneej and Al Barsha.

The Young Investor program, which pilots with students in grades 5 and 6, is designed to equip the next generation with critical financial planning knowledge. It aligns seamlessly with the Dubai Social Agenda 33, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aimed at advancing the educational system and equipping students with future-ready skills.

In his remarks at the event, Mohammed Qasim Al Ali, Group Chief Executive Officer at National Bonds, said: “We are proud to welcome new schools to the ‘Young Investor’ program, an important step in advancing our mission to foster financial literacy across all segments of society. By providing students with the critical knowledge and tools to thrive in an ever-evolving financial landscape, we are not only preparing them for the future but also contributing to a broader national effort. This initiative aligns seamlessly with the government’s vision to enhance the emirate’s leadership in the education sector by integrating essential financial skills into the curriculum and empowering the next generation.”

“We are pleased to welcome new schools to the ‘Young Investor’ program. This growth reflects the positive influence of this innovative initiative, launched in collaboration with our partners at National Bonds. Our goal is to equip students with the financial skills and knowledge essential for a successful future, enabling them to master the concepts and methods of investment and saving. Moving forward, we at the Knowledge Fund are committed to encouraging more schools to participate in this ambitious program.” added Abdulla Mohammed Al Awar, Chief Executive Officer of the Knowledge Fund Establishment.

 

It’s worth noting that the ‘Young Investor’ program, launched earlier this year, covers key financial concepts through its modules, including money management, payment methods, loans and debts, savings and investments, insurance (with a focus on Takaful), and comprehensive financial planning.

The program’s unique interactive learning approach, combined with workshops and practical exercises, ensures that students are learning theoretical concepts and gaining the hands-on skills needed to apply their financial knowledge in real-world scenarios. This methodology reinforces critical thinking and decision-making capabilities, empowering students to make informed financial choices.