Dubai / Emirates Business
For the tenth year in a row National Bonds, the UAE’s leading Sahri’a Saving and Investment Company, is distributing ‘Eidiyah’ to more than 1000 lucky minor bondholders. ‘Eidiyah’ is an annual initiative that rewards minor bondholders via special electronic draws for AED 50 held in celebration of Eid Al Adha.
As part of its efforts to encourage financial literacy among children and young adults residing in the emirates, National Bonds has also allocated 200 daily prizes totalling AED 200,000 monthly for minors as part of its rewards program widely considered the largest in the UAE.
Ahmed Bibars, Executive Director of Retail Business and Distribution at National Bonds, said: “The Eidiyah tradition at National Bonds has transformed into an annual ritual that we now leverage to encourage the younger generation to save regularly.”