Tuesday 05 , November, 2024 | 03 , جمادى الأولى, 1446

UAE:+971 4 384 8794 International: +971 4 384 8794

COMPREHENSIVE SOLUTIONS

SEVERAL DISTINCT ADVANTAGES TO BANKS AND THEIR CUSTOMERS

Bespoke Fin-Tech Solution

24X7 365 days

Simple & Flexible

COST EFFECTIVE

Wide Range of Products

SHARIAH COMPLIANT

Low Risk

Comprehensive Reporting

A BESPOKE SOLUTION ADAPTED TO INSTITUTION NEED

2

SEAMLESS INTEGRATION POWERED BY HIGH-END TECHNOLOGY

3

PROCESS & TRANSACTION FLOW

4

PARTNER BANKS

Frequently asked questions

What is Al Manassah?

Al Manassah is a fin-tech platform that provides asset backed (Sukuk as an asset) financing solutions with end to end documentation as per the sharia guidelines. The platform is practiced my major regional Islamic banks and FIs which is reviewed and authenticated by the global sharia scholars.

Who owns Al Manassah?

Al Manassah is owned by National Bond Corporation Sole Proprietorship P.S.C.
National Bonds is owned by Government of Dubai, ICD (Investment Corporation of Dubai) & licensed by the Securities and Commodities Authority in the UAE.

What is the value of the Sukuk issued?

The unit value of NBC Sukuk is AED 10.

Are the issued Sukuk traded in the open market?

No

How will customer receive the Sukuk?

Sukuk for individuals and corporates are issued automatically and immediately through distribution channels. An ownership certificate (Sukuk) is issued under the customer’s name. It has a unique number and an issue date. It also indicates the number of issued Sukuk.

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