Dubai's Shuaa Capital and savings scheme National Bonds formed a strategic alliance under which the investment bank will offer advisory and brokerage services to the sharia-compliant firm, the two companies said on Monday.
The partnership is also aimed at expanding the customer bases of both companies and promoting a savings culture in the United Arab Emirates, the companies said in a statement.
The tie-up will "help some of our clients shift from risk exposure investments to risk control," Khalifa Al Daboos, chairman of National Bonds, said.
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