The financial objective of National Bonds Corporation PJSC is focused on preserving and protecting the capital of the bondholders whilst generating for them higher returns than time deposits offered by conventional or Islamic banking institutions. As such National Bonds Corporation PJSC has developed a prudent investment strategy of diversification among several asset classes; Islamic money markets instruments (Wakalas and Murabahas), Sukuks, income generating real-estate, UAE based mature private equity and a limited exposure to listed equities in the MENA region.
Only Shari'a compliant investments are considered. As a Shari'a compliant institution, National Bonds Corporation adheres to strict Shari'a guidelines regarding its investments, while at the same time focusing on generating the highest returns for its bondholders.
National Bonds Corporation PJSC has established sound investment policies and procedures that guide its investment team in the judicious deployment of all the assets. An Investment Committee oversees and reviews all of National Bonds' investments.
Implementation of investment policy is independently governed by pre-audit, post-audit and compliance assigned to Ernst & Young, the performance and funds administration goes to Deutsche Bank while Dar Shari'a reviews all transactions for ongoing Shari'a compliant purposes.