Emirates Islamic Explained

Emirates Islamic
Trade Name:EIB
Hq Location City:Dubai, United Arab Emirates
Industry:Banking

Emirates Islamic (Formerly known as Emirates Islamic Bank) is one of the four Islamic banks in Dubai, United Arab Emirates.[1] The bank was established in 2004 to deliver banking services in line with Shari'a principles. It offers products designed for individuals and small businesses as well as large corporations.[2]

Emirates Islamic has won many awards and prizes for its services and products. It was recently named the "Best Islamic Bank in the UAE" by two prestigious organizations, World Finance Magazine and Global Banking and Finance Review.[3] [4]

Notes and References

  1. Al-Tamimi . Hussein A. Hassan . Al-Mazrooei . 2007 . Banks' risk management: a comparison study of UAE national and foreign banks . The Journal of Risk Finance . 8 . 4 . 394–409 . 10.1108/15265940710777333.
  2. Al Zaabi . Obaid Saif H. . 2011 . Potential for the application of emerging market Z-score in UAE Islamic banks . International Journal of Islamic and Middle Eastern Finance and Management . 4 . 2 . 158–173 . 10.1108/17538391111144498.
  3. Web site: Recognition.
  4. Web site: Finance award.

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