Emirates Islamic announces lucky winners of Kunooz Savings Account promotion campaign

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Winners rewarded with AED 1 million and three apartments

Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic

Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the lucky winners of its Kunooz Savings Account promotion, aimed at encouraging customers to save more. Three customers won apartments and one customer won the grand prize of AED 1 million in the draw conducted by the Department of Economic Development, Dubai.

Emirati national Salah Hasan Ebrahim Mohammed AlSheh, Indian national Noor Jahan Hanif and Egyptian national Ahmed Osman Mahmoud Ali Monged were each rewarded with an apartment in Dubai. Indian national Muhammed Anees Mainkate Veetil won the grand cash prize of AED 1 million. In addition, Nazim Abbas Phansopkar and Fadhel Malalla Al Ansari walked away with cash prizes of AED 50,000 each.

“We are delighted to reward the lucky winners of the Kunooz Savings Account campaign and we hope they will inspire many others to develop good savings habits,” said Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic. “As one of the leading Islamic banks, we are keen to promote financial responsibility among our clients. During the unprecedented times we are currently experiencing, the importance of financial stability has gained even greater importance. We aim to encourage a savings culture in the UAE and hope that winning an apartment or winning AED 1 million and other significant prizes through this campaign will be a strong motivation for people to take charge of their finances. We remain committed to continue to run initiatives that help our customers achieve their dreams.”

The promotion, which ran from February to April 2021, rewarded new and existing Kunooz Savings Account holders for maintaining a minimum balance of at least AED 5,000 in their accounts, by entering them into a monthly draw to win three apartments located in Dubai and a grand cash reward of AED 1 million. In addition, customers with account balances of at least AED 1,000 entered the draw for a chance to win fortnightly cash prizes of AED 50,000.

About Emirates Islamic:

Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is one of the fastest growing banks in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services sector in the UAE.

Emirates Islamic offers a comprehensive range of Shari’a-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 41 branches and 177 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat Banking services for customers via WhatsApp.

Emirates Islamic has consistently received local and international awards, in recognition of its strong record of performance and innovation in banking. The Bank won international acclaim as the ‘Most Innovative Islamic Bank’ at the Islamic Finance Awards 2020 by World Finance, in addition to being named the ‘Best Islamic Bank, UAE’. The Bank was also awarded the title of ‘Most Innovative Islamic Bank’ by Islamic Finance News and ‘Islamic Bank of the Year – UAE 2020’ by The Banker. Additionally, New York-based Global Finance magazine recognised Emirates Islamic as the ‘Best Islamic Financial Institution, UAE’ for a second year in a row on its list of the ‘World’s Best Islamic Financial Institutions’.

As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial aid to those in need, with a focus on food, shelter, health, education and social welfare contributions.