Dubai: National Bonds Corporation PJSC, the Sharia-compliant national savings scheme, has announced the highest annual profit rate of 7.07 per cent in the UAE on saving schemes for its bond holders for a second consecutive year in 2008.
In spite of a gloomy global economic outlook, National Bonds has succeeded in achieving the highest returns for 2008 compared to the annual profit rate of 6.03 per cent achieved at the end of its first financial year in 2007.
Bondholders enjoyed the highest growth of 17.25 per cent in their profit rate in 2008 as compared to the previous year, along with the opportunity to win worth Dh 5 million in 26,318 prizes every month.
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