National Bonds, the UAE’s foremost Sharia-compliant savings and investment firm, has announced its inclusion as an investment choice within the DEWS (DIFC Employee Workplace Savings Plan).
Through this partnership, National Bonds will be offered as a self-select investment option in the DEWS Plan, benefiting its over 40,000 members.
The firm stated that its Sharia-compliant savings programme offers secure opportunities for wealth growth by focusing on diversifying managed assets and employing a risk management strategy to safeguard capital and provide regular returns to participants.
According to the company’s media statement, this strategic partnership will contribute to providing a sustainable investment option, positively impacting the programmes available to employees enrolled in the plan.
DEWS members who choose National Bonds as their investment option can enjoy a seamless digital investment experience, utilising National Bond’s 18 years of expertise in savings and investment management, the company said.
This option is ideal for investors seeking Sharia-compliant savings with low-risk tolerance, aiming for returns similar to those of money market funds.
“Our collaboration with DEWS demonstrates our dedication to partnering with national entities in line with government initiatives,” said Mohammed Qasim Al Ali, Group CEO of National Bonds.
“By providing accessible and secure investment opportunities to employees, we empower UAE citizens and residents to manage their financial decisions and enhance their end-of-service benefits along with their other savings, thereby improving their current and future financial wellbeing,” he said.
DEWS members who select the National Bonds investment option will benefit from competitive anticipated monthly returns on their end-of-service pool and will be eligible for the well-known National Bonds rewards programme, which amounts to AED 35.5M.
This announcement comes during a period of significant achievements for National Bonds, with the group’s investment portfolio exceeding AED 14B ($3.8B) as of December 2023.
