National Bonds and Knowledge Fund Establish 'Young Investor' Programme for Financial Literacy in UAE Schools

National Bonds, the UAE's leading sharia-compliant savings and investment company, in partnership with Knowledge Fund Establishment, announced the official rollout of "The Young Investor" programme.

This innovative programme, introduced earlier in February this year, marks the Middle East's first-ever initiative aimed at fostering financial literacy from an early age.

The inaugural workshop at Knowledge Fund Establishment marked the start of a financial literacy program for grades 5 and 6 students in "Dubai Schools" under Taaleem. It includes six modules covering money management, financial planning, payment methods, loans, savings, investments, and Takaful insurance.

Rehab Lootah, Deputy Group CEO of National Bonds, underscored the programme's significance, saying,

"Our collaboration with Knowledge Fund Establishment marks a significant stride in advancing financial literacy among the youth, aligning seamlessly with the government's vision for educational excellence in Dubai. The rollout of 'The Young Investor' programme in three schools signifies our commitment to equipping students with essential financial skills from an early age to support them to become future entrepreneurs. As we expand to more schools in the future, we remain dedicated to empowering the next generation with the knowledge needed for informed financial decision-making."

Ohood Al Ichlah, Director of the Strategic Planning and Educational Initiatives Department at the Knowledge Fund Establishment, said,

“We are excited to start the first phase of the 'Young Investor' programme in Dubai schools. The kick-off workshop, attended by all our partners, is important to ensure an effective launch of the programme planned for the upcoming academic year. We are committed to equip our students with the essential skills and knowledge for a successful future. Through our partnership with the National Bonds Corporation, we aim to develop our students’ financial literacy skills from an early age."

Rebecca Gray, Chief Education Officer at Taaleem, said,

"We are thrilled to announce the upcoming launch of ‘The Young Investor’ programme, a pioneering initiative by National Bonds in collaboration with the Knowledge Fund Establishment, aimed at nurturing financial literacy among young minds across the Middle East. As part of the Dubai Schools, this comprehensive programme will span from the younger grades to our graduating classes, utilising age-appropriate materials to provide a deep and impactful learning experience. By integrating essential financial skills early on, we aim to empower the next generation with the knowledge and tools needed for informed financial decisions, preparing them for future financial challenges.”

The launch event heralded phase one of the project, with plans for expansion and broader impact in subsequent phases. In the upcoming phase, National Bonds and Knowledge Fund Establishment aim to extend "The Young Investor" programme to additional schools across the UAE, reaching a wider audience and nurturing a culture of financial responsibility and independence in the region from an early age.

News Source: Emirates News Agency