National Bonds and SALAMA have joined forces to make saving even safer

National Bonds and SALAMA have joined forces to make saving even safer
Wednesday, April 11, 2018

  • National Bonds and Islamic Arab Insurance Company SALAMA, have announced a strategic partnership to provide protection services
  • Through the collaboration, UAE savers will enjoy exclusive protection packages, designed especially for National Bonds products
  • This marks another key milestone in National Bonds’ path to making the UAE a nation of savers

Dubai, UAE; 11 April 2018: National Bonds Corporation, a leading investment company providing innovative, Shari'ah-compliant financial products and services, today announced that it has strategically partnered with – Islamic Arab Insurance Company - SALAMA. Through this new collaboration, National Bonds customers will have exclusive access to brand-new, tailor-made Takaful protection packages from SALAMA.

SALAMA is the leading provider of Shari’ah compliant Takaful solutions. A form of co-operative insurance, Takaful is an integral part of the financial planning cycle that reduces the pressure as one builds their savings. One of the oldest Shari’ah compliant insurance providers in the world, SALAMA brings its vast experience to National Bonds savings products.

Commenting on the recent announcement, Mohammed Qasim Al-Ali, CEO, National Bonds Corporation, said:

We are very pleased to be collaborating with SALAMA and enhancing the services which we offer our customers. This agreement ensures that our customers have access to unparalleled protection, exclusively designed for National Bonds savings products.

At National Bonds, we are committed to maintaining our position as a trusted savings advisor   and we always seek to enhance the services we offer to our customers. This partnership is an ideal addition to our existing product offering and, moving forward, we will remain focused on making saving simpler, more convenient, and more secure for residents across the UAE.”

The newly introduced SALAMA protection packages will be available exclusively to National Bonds customers. Each package is tailor-made for the National Bonds’ savings plans, designed to complement each individual package. The protection packages are also comprehensive, providing a range of solutions, including life coverage, complimentary payment protection, personal accident cover, critical illness, and more.

Commenting on the partnership, Parvaiz Siddiq, Chief Operating Officer at  SALAMA said:

We are pleased to be working with National Bonds and expanding the reach of our Takaful solutions. At SALAMA, we aim to cater to the diverse needs of our customers and provide them with leading, Shari’ah compliant protection solutions. We continue to innovate and evolve the solutions which we offer and these newly designed packages for National Bonds is a step in the right direction. Through these exclusive, personalised plans, we can ensure that customers are satisfied and their savings are protected. We look forward to the successes of this partnership and introducing new packages in the near future.” 

Customers can sign up for SALAMA packages through their National Bonds representative, providing an easy and convenient experience. Customers will then be provided with a direct contact at SALAMA to manage all of their protection needs, at the press of a button. The SALAMA protection packages are available to all National Bonds savings customers and, based on customer feedback and demand, additional protection packages will be introduced soon.