National Bonds Corporation, the Sharia-compliant National saving scheme, has formed a strategic partnership with Al Hilal Bank aimed at further enhancing the distribution network of National Bonds in the UAE.
This partnership will provide convenient access to existing and new customers of National Bonds at all Al Hilal Bank’s branches that are located in various emirates across the UAE such as in Abu Dhabi (Mall Branch, Corniche, Hamdan), Dubai (Garhoud, Bur Dubai), Al Ain (Sh Khalifa Road) in Sharjah, Al Buharia Corniche Road, and in Ras Al Khaimah (Al Muntasir Road), including the ‘financial mall’ branch on Abu Dhabi Corniche.
This partnership with Al Hilal Bank is the fifth alliance of its kind between National Bonds and an Islamic bank. The current four are Dubai Islamic Bank, Emirates Islamic Bank, Dubai Bank and Sharjah Islamic Bank. With the addition of Al Hilal Bank branches, customers will now be able to purchase bonds from over 440 outlets throughout the UAE.
Mohamed Jamil Berro, CEO of Hilal Bank, said: This partnership will make Al Hilal Bank an important interface for customers keen on buying National Bonds. Our efforts will be focused on making the whole process of purchasing and utilization of services simple and hassle-free.
