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Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
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Start your banking journey with the leading bank in the region.
Find a suitable account and applyDiscover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Know more about our Wealth servicesLife is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Access to over 11,000 stocks and ETFs in Global and UAE markets
Visit our dedicated support center for answers to all your banking-related questions.
View support centreEveryday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
Learn more about our services and get the most out of your banking relationship with us.
Visit our dedicated support center for answers to all your banking-related questions.
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Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Dubai, 19 July, 2017: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced its financial results for the period ending June 30, 2017.
On the back of an improved overall performance and increased customer deposits, the Bank announced strong results for the first half of 2017, declaring a net profit of AED 387 million.
Results Highlights:
Hesham Abdulla Al Qassim, Chairman of Emirates Islamic, said: “We are extremely pleased with our performance in the first half of 2017, underlining Emirates Islamic’s role as a key driver in the growth of Islamic banking in the UAE. We have consistently invested in innovation and infrastructure, the results of which are now evident in our positive numbers. Shari’a-compliant banking continues to set new milestones in the overall banking sector, and Emirates Islamic aims to contribute substantially to the sector’s growth and the government’s goal of making Dubai the global capital of Islamic economy.”
“While our financial results have been strong, we are also cognizant of our responsibility to the community. Emirates Islamic has actively supported “2017 - The Year of Giving”, the noble initiative of The UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan. Through the Emirates Islamic Charity Fund, we have provided support to several charitable, humanitarian and community activities, in keeping with the spirit of the initiative and the pillars of the Year of Giving. As one of the nation’s leading financial institutions, we will always continue to play a key role in the welfare of the overall society and to support those in need.”
Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic added: “At Emirates Islamic, we continue to move forward with our strategy of profitable growth combined with effective cost management. Over the years, we have stood out from the competition through our focus on strategic pricing, product innovation and customer service. This has allowed us to consistently grow our customer base, with customer deposits up by 1.6% and Current and Savings account balances up by 6% from end-2016.”
“In today’s smart economy, digital technology plays a crucial role in providing our customers with personalised banking solutions and a faster turnaround time. At Emirates Islamic, we will continue to expand our services, with investments in the latest technology and infrastructure, giving us the edge to become the leading Islamic bank in the region.”
Emirates Islamic was recognised for its diverse range of innovative products at the Banker Middle East Product Awards 2017, with the Kunooz savings account recognised as the ‘Best Savings Account’ and the Flex Elite Card named as the ‘Best Islamic Premium Card’. The Bank also won the ‘Service Hero’ award for customer service excellence in the Islamic Banking category.
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