The Prestige program is the result of successful wealth management operations at National Bonds. The confidence it has been entrusted by investors contributed to the company being handed the 2016 Best Wealth Management Service in the UAE Award for the second year in a row.
National Bonds’ Sanadi program launched earlier this year was also named Best New Takaful Product in the UAE for 2016 by the Islamic & Business Finance Awards organized by CPI.
Mohammed Qasim Al Ali, CEO, National Bonds, said: “We are proud to present our new Prestige program that was designed by the company’s wealth management department to provide high net worth individuals with competitive advantages and returns, in addition to AED 6 billion worth of investment opportunities within NBC’s portfolio.”
He added: “We aim from this program to recognize our customers who have trusted us to manage their saving accounts amidst an increased awareness on the importance of financial planning and risk-free responsible investment. This is an advanced step in the company’s efforts towards educating the public about Shariah-compliant savings and investment tools.”
UAE private wealth growth
He noted private wealth in the UAE is set to grow 14.1 percent annually to reach USD 1 trillion by 2020, emphasizing that this wealth represents a pillar of social and economic growth towards a more secure future. He also mentioned that sound management of private wealth, as well as financial planning that is based on a wise, clear and long-term vision, will help protect the welfare of investors.
Al Ali said: “With the rising culture and concepts of Islamic economy today and the increasing global interest in Shariah-compliant financial products, we are in for a new investment era in which governments and corporations will utilize real assets and vital sectors to revive growth, provide job opportunities and achieve long-term revenues.”
The new Prestige program will feature three categories – gold, silver and bronze. Each category will provide services such as a free financial planning advisory, a relationship manager for Islamic financial transactions, priority in real estate sales invested by the company, a dedicated contact number for the program’s clients, a maximum amount for instant cash withdrawal and greater opportunities to win in the draws.