National Bonds announces up to 2% profit rate pay out for 2011
As a result of our continued growth with 2011 bond sales hitting AED 2.39 billion mark, and our mudaraba fund growing by 23%, we announce a profit rate up to 2% on the mudaraba pool that will be distributed to our bondholders.
The annual profit rate, which covers the period from January 1st 2011 to December 31st 2011, gives National Bonds a cumulative profit rate of 30.68% on the Mudaraba pool since its inception in March 2006, the highest average annual profit rate for saving schemes in the region.
Click here for FAQ' s
Click here for Press Release
