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Dubai, November 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has won two prestigious recognitions at the 2026 edition of The Asian Banker Global Middle East Awards, recognising the bank’s continued innovation across its Business Banking proposition and digital ecosystem. The bank was awarded the Best New Product Launch Strategy in the UAE for its Business Banking Diamond Account, alongside the Best Productivity, Automation and Efficiency Initiative in the UAE for its Business Banking ecosystem. The dual recognition reflects Emirates Islamic’s continued focus on developing differentiated, Shariah-compliant financial solutions and creating a more connected banking experience that addresses the evolving needs of businesses in the UAE. The Asian Banker Global Middle East Awards recognise financial institutions for their vision, execution, market leading retail finance service propositions, outstanding achievements and best practices.  The Best New Product Launch Strategy in the UAE award celebrates the successful launch of the Business Banking Diamond Account, an elevated proposition designed for established and high-value businesses. The proposition brings together enhanced banking privileges, priority servicing, higher transaction limits and a curated suite of lifestyle and business benefits, supported by a differentiated approach to serving the needs of the bank’s premium Business Banking customers. Emirates Islamic also secured Best Productivity, Automation and Efficiency Initiative in the UAE in recognition of its Business Banking Ecosystem. Central to this success is the bank’s digital transformation agenda, which includes investments in technology that simplify processes, reduce turnaround times, enhance operational efficiency and improve the overall banking experience for businesses. By seamlessly integrating digital capabilities, financing, transaction banking, trade and FX solutions, smart automation and strategic value-added partnerships, the Business Banking Ecosystem enables businesses to streamline day-to-day operations and focus on long-term growth. Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, commented: “We are honoured to receive these two recognitions from The Asian Banker, which reflects Emirates Islamic’s commitment to driving innovation and excellence. As the UAE continues to strengthen its position as a global hub for business and entrepreneurship, we remain dedicated to delivering forward-looking, Shariah-compliant financial solutions that empower businesses to thrive and contribute to the nation’s economic vision.” Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic, said: “These awards reflect our ambition to make banking simpler and more valuable for businesses at every stage of their journey. As customer expectations continue to evolve, we believe the future of business banking lies in bringing together the best of digital innovation with the human expertise and relationships our customers value. From propositions such as our Business Banking Diamond Account to our growing digital capabilities and broader Business Banking Ecosystem, we are creating an experience that gives our customers greater convenience and control while ensuring our team is available to support them when it matters. We will continue to invest in solutions that help UAE businesses operate more efficiently and grow with confidence.” About Emirates Islamic: Emirates Islamic Bank PJSC (Emirates Islamic) is the Islamic banking arm of the Emirates NBD Group and is a leading Islamic financial institution 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 Shariah-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 36 branches and 213 ATMs/CDMs across the UAE. In the 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 the “Islamic Retail Bank of the Year – Middle East” and “Most Innovative Murabaha” awards at the prestigious The Banker’s Islamic Banking Awards 2025. Additionally, the bank was named ‘Best Islamic Corporate Bank in the World’ and ‘Best Islamic Financial Institution in the UAE’ at the Global Finance – Best Islamic Financial Institutions Awards 2025. Emirates Islamic was also awarded the prestigious title of ‘The World’s Best Islamic Digital Bank’ at the Euromoney Islamic Finance Awards 2025. 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. |
