Emirates Islamic Bank launches ‘Win back your Personal Finance’ campaign

Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, announced today the launch of ‘Win back your Personal Finance,’ campaign that offers customers the opportunity to win three prizes of up to a maximum of AED100,000 each, which will be adjusted against the outstanding  personal finance facility.

Emirates Islamic Bank is offering personal finance facility up to AED3 million for UAE nationals, while expatriates can access up to AED 1 million, with highly competitive profit rates.Customers,who avail personal finance from Emirates Islamic Bank under the campaign, will automatically be entered into a draw to win one of three prizes. Additional benefits include a payment holiday for up to 90-daysfor the first repayment installment, a free Credit Life and Permanent Total Disability Takaful/Insurance cover, as well as a pre-approved credit card with 100% annual fee waiver for the first year.

“As the leading retail Islamic bank in the country, Emirates Islamic Bank understands that customers often require personal finance to meet their immediate financial requirements,” said Faisal Aqil, Deputy CEO, Consumer Wealth Management, EmiratesIslamic Bank. “We are committed to developing special offers like ‘Win back your Personal Finance,’ which enables us to deliver quality products and services under Islamic banking principles.”

“It is the constant endeavourof Emirates Islamic Bankto be the leading innovator in the market by launching products and services that enhance the lifestyle and convenience of our customers,” added Aqil.

Under this campaign personal finance is available to both self-employed and salaried individuals and salary transfer is not a mandatory requirement.

Personal finance is the main area of business activity under Emirates Islamic Bank’s retail business, and EIB has been constantly launching aggressive plans under this segment to retain its leading market share.