National Bonds forecasts 30 per cent growth

06 October 2010

Company will target immigrants and women

Dubai government-controlled Islamic fund manager National Bonds Corporation projects asset growth of as much as 30 per cent in the next two years as it targets women and immigrants, Bloomberg has reported. The Shariah-compliant company, with about AED5bn ($1.4bn) under management, plans to introduce savings plans for the country’s female population and retirement funds for the UAE’s foreign workers, chief executive Mohammed Qasim al-Ali said.

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