The Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative by the UAE’s Ministry of Finance, has entered a new partnership with National Bonds, a Sharia-compliant savings and investment company. The agreement aims to strengthen the financial knowledge and entrepreneurial skills of the UAE’s youth and startup founders through a series of joint educational and capacity-building programs.
Quick Facts
- MBRIF and National Bonds signed a Memorandum of Understanding.
- The goal is to enhance financial literacy for entrepreneurs.
- Initiatives include workshops, mentorship, and knowledge sharing.
Integrating Financial Acumen into Entrepreneurship
The collaboration is positioned to support the UAE’s strategic direction toward a knowledge-based economy by equipping a new generation of founders with both innovative drive and financial discipline. Both organizations will combine their efforts to develop talent capable of contributing effectively to the country’s future economic landscape.
Fatima Yousef Al Naqbi, Acting Assistant Undersecretary for Support Services at the Ministry of Finance and the ministry’s representative at MBRIF, commented on the partnership. “Our partnership with National Bonds is a significant step in strengthening the integration between innovation and financial resilience. Incorporating financial literacy into our entrepreneurship support initiatives will empower founders and youth with the knowledge and skills needed to build adaptable and growing companies.”
From Ideas to Sustainable Ventures
Under the agreement, National Bonds will organize a series of interactive workshops and sessions for MBRIF members. These sessions will cover fundamental financial principles, investment awareness, wealth-building strategies, and practical financial planning. This effort will be supported by National Bonds’ long-running financial literacy program, “Wa’ai”.
In return, MBRIF will contribute specialized educational content focused on entrepreneurship. This includes organizing awareness sessions, sharing inspiring success stories from local founders, and launching knowledge-exchange initiatives to guide aspiring entrepreneurs.
“Our partnership with the Mohammed bin Rashid Innovation Fund embodies the integration of entrepreneurial thinking and financial awareness as two fundamental pillars for building a new generation of innovators and entrepreneurs in the UAE,” said Rehab Lootah, Deputy Group CEO of National Bonds. “Financial literacy is no longer just an awareness concept; it has become a strategic infrastructure for the knowledge economy and a key factor in the sustainability of the innovation and entrepreneurship ecosystem.”
The two entities will also explore opportunities to support financial education and young investor programs offered by National Bonds, aiming to provide youth with practical financial and entrepreneurial skills to navigate global economic changes.
About Mohammed bin Rashid Innovation Fund (MBRIF)
Launched by the UAE Ministry of Finance, the Mohammed bin Rashid Innovation Fund is a federal initiative designed to support innovation in the UAE. It aims to provide innovators with accessible and affordable financing solutions, as well as non-financial support, to help them bring their ideas to life and contribute to the country’s economic diversification.
About National Bonds
National Bonds is a leading Sharia-compliant savings and investment company in the UAE. It provides a range of financial products and services for individuals and corporations, promoting a culture of savings and financial well-being across the community through its various programs and initiatives.
Source: Al Bayan
