UAE’s National Bonds partners with DIFC’s DEWS Plan to boost wealth creation for over 40,000 employees

As part of this partnership, National Bonds will be featured as a self-select investment option within the DEWS Plan, benefiting its over 40,000 members.

The company said its Sharia-compliant savings programme provides safe opportunities to grow wealth by focusing on diversifying managed assets and implementing a risk management strategy to preserve capital and distribute periodic returns to programme participants.

This strategic collaboration will contribute to providing a sustainable option and adding a positive impact to the investment programmes currently offered to employees enrolled in the plan, the company said in a media statement.

DEWS members opting for National Bonds as their investment option can experience a seamless digital investment journey, leveraging over 18 years of National Bond’s experience in savings and investment management, it said.

This option is ideal for investors seeking Sharia-compliant savings with a low-risk tolerance, aiming for money market-like returns.

“Our collaboration with DEWS exemplifies our commitment to partnering with national entities in alignment with government initiatives,” said Mohammed Qasim Al Ali, Group CEO of National Bonds.

“By offering accessible and secure investment opportunities to employees, we empower UAE citizens and residents to take charge of their financial decisions and enhance their end of service along with their other savings to amplify their present and future financial wellness,” he said.

DEWS members selecting the National Bonds’ investment option will benefit from competitive monthly anticipated returns on their end-of-service pool, along with eligibility for the renowned National Bonds rewards programme of AED35.5 million.

The announcement coincides with a period of notable achievements for National Bonds, with the group’s investment portfolio crossing AED14 billion ($3.8 billion) as of December 2023.