| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
National Bonds - TermSukuk
|
Minimum Balance Required: AED 50,000 | Annual Return: 3% | Features: Phone Banking, Dedicated Relationship Manager, Sharia Compliant |
How would you like an investment opportunity that is both flexible and Shari’a compliant?
With TermSukuk, you have the opportunity to choose either a short- or medium-term investment plan, which provides you with competitive expected profit plus offers you the security of capital protection.
With TermSukuk, you have the opportunity to choose either a short- or medium-term investment plan, which provides you with competitive expected profit plus offers you the security of capital protection.
• Investment opportunity starting from AED 10,000
• Investment period ranging from 3 months to 1 year
• Competitive expected profit that is updated weekly
• Entry into 8 Millionaire and 16 Luxury car draw, yearly*
• Enjoy quarterly and at maturity profit distribution
• Capital is protected as per National Bonds Mudaraba Structure
*Terms and Conditions apply
Other benefits include:
• Investment period ranging from 3 months to 1 year.
• Competitive expected profit that is updated weekly.
• Enjoy quarterly and at maturity profit distribution.
• Capital Protection as per Fatwa.
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
