Thursday 18 , August, 2022 | 20 , محرم, 1444
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.
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.
The unit value of NBC Sukuk is AED 10.
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.