Emirates Islamic launches special Ramadan offers

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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, has launched a host of special offers to spread happiness among customers during the holy month of Ramadan. 

The bank will provide customers the opportunity to benefit from special rates on personal, auto and home finance, in addition to the chance to continue winning as they save with Kunooz Savings Account which offers the chance to win three apartments and a grand cash prize of AED1 million.

Customers can get personal finance starting from 2.25 per cent per annum (flat rate) during this period and auto finance starting at a rate of 1.85 per cent (flat rate) per annum on new cars for individual customers. Additionally, the bank is offering attractive home financing rates from 2.75% per cent per annum on a reducing balance basis to help customers get closer to owning their dream property.

Meanwhile, customers who apply for select Emirates Islamic Credit Cards will receive a complimentary Noon.com voucher up to AED 500 and a range of other privileges. 

 “The holy month of Ramadan is an opportunity for us to spread greater happiness and cheer in the community. We are delighted to offer our customers a range of promotions that will help them make the most of this special period. Whether they plan on buying a new home or car, or shopping online for loved ones, or increasing their savings to meet their goals, we are confident that our offers will bring terrific value to existing and new customers,” said Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic.

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.