Emirates Islamic Bank named Best Islamic Corporate Bank at Banker Middle East Industry Awards 2013

Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, announced today that it has been recognised as the Best Islamic Corporate Bank in the region, at the 2013 Banker Middle East Industry Awards. Faisal Aqil, Deputy CEO, Consumer Wealth Management, at Emirates Islamic Bank, received the award on behalf of the bank at a gala ceremony held recently at Jumeirah Emirates Towers. 

A leading player in the corporate market, Emirates Islamic Bank was recognised for providing practical, highly cost-effective, Sharia’-compliant solutions coupled with excellent customer service, through dedicated relationship teams in six corporate centres across the UAE. 

“Islamic corporate banking services are in high demand in the UAE as organisations are on the lookout for solutions to take advantage of growth opportunities in the country and expand internationally,” said Jamal Bin Ghalaita, Chief Executive Officer - Emirates Islamic Bank. “Over the past year, we have been focusing on further strengthening our corporate banking offerings and this will be one of our strategic objectives in 2013 and beyond.” 

“Emirates Islamic Bank’s dedicated corporate teams specialise in developing structured finance solutions that are Sharia’ compliant, to meet the needs of our corporate customers,” said Abdulla Showaiter, Deputy CEO - Islamic Banking Corporate & Investment, Emirates Islamic Bank. “We are proud to receive the Best Islamic Corporate Bank award at the Banker Middle East Industry Awards, as this is recognition of the success of our endeavours.” 

Emirates Islamic Bank has six corporate centres located in Dubai, Abu Dhabi, Sharjah and Al Ain, in addition to an advanced on-line platform, offering 24x7 convenience and accessibility as per customer requirements. The bank offers financing for raw materials, energy sector, vehicles, purchase of fixed assets, contracting as well as working capital requirements. In addition, trade finance services, including letters of credit and guarantees, are also available.