DIFFERENT
HIGH-END CARS
8 MILLION*
For 8 Winners
AWARDED DUBAI ENDOWMENT SIGN
corporate only, AED 1 Million or more
EXPECTED RETURNS
up to 3.5%
YOUR WAQF CONTRIBUTION AMOUNT
AMOUNT
YOUR WAQF CONTRIBUTION AMOUNT
AMOUNT
YOUR WAQF TENOR
TIME
YOUR WAQF TENOR
TIME
THE WAQF BENEFICIARY PROJECT YOU WISH TO CONTRIBUTE TO
PROJECT
THE WAQF BENEFICIARY PROJECT YOU WISH TO CONTRIBUTE TO
PROJECT
Sukuk Al Waqf is a Waqf program that provides a chance for depositors to help transform lives of the needy. It is a gift that keeps giving, and is mutually beneficial to both the contributor and the receiver.
By participating in Sukuk Al Waqf, National Bonds will act as the Mudarib and Sukuk Al Waqf Manager , and will invest the fund in Shari’a compliant investments. National Bonds will distribute profits generated to Awqaf, which in turn will act as Nazir AlWaqf of the Waqif and will utilize the profits towards the customer’s selected project.
The Waqf (“Waqf”) is an Islamic endowment where any benefits received from the endowment, are donated to charitable projects. It is an ongoing charitable endowment similar to sadaqah jarriyah and is used to develop and support communities.
Waqf could be permanent whereby the principal is given away by the Waqif permanently and is not part of the Waqif’s estate once it is donated, or it could be timed whereby the principal is not part will be registered under the name of the heirs, and it will be part of Waqif’s inheritance after the maturity of the Waqf duration.
