Emirates Islamic launches campaign offering three apartments and a grand cash prize of AED1 million with Kunooz Savings Account

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

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a new savings promotion that offers Kunooz Savings Account holders the chance to win a series of life-changing prizes. During the campaign period, which will run until 30 April 2021, Emirates Islamic will give away three apartments located in Dubai and a grand cash reward of AED 1 million.

Both new and existing Kunooz Savings Account holders can benefit from this opportunity, with every AED 5,000 average balance in a Kunooz Savings Account earning customers an entry into the draw to win one of the mega prizes. Account holders will also continue to benefit from weekly cash prizes, with every AED 1,000 average balance providing one entry into the draw. 

“If there’s one thing the global pandemic has taught everyone, it’s the importance of financial preparedness,” said. Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic “As a leading Islamic bank, Emirates Islamic is always looking for ways to encourage a positive savings culture among UAE nationals and residents. During this period of heightened awareness, we are proud to be able to support the savings goals of our customers as they continue to navigate various circumstances in a constantly changing environment. Moreover, we are delighted to be able to reward them for their prudent financial behavior.”

Al Mulla added: “The chance to walk away with keys to an apartment and AED1 million in cash in return for saving your money is certainly a life-changing proposition that helps motivate our customers get a step closer to realising their dreams. As a financially responsible organisation, we will continue to launch promotions that encourage a healthy savings culture in the UAE.”

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.