Emirates Islamic Introduces Emarati Corporate Account to Support UAE National Businesses
Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE and the preferred bank for UAE nationals, has launched an Emarati corporate account, designed specifically to meet the needs of UAE national businesses .
The new account builds on the bank’s continued commitment to supporting the UAE’s SME sector, which make up 94% of the total number of businesses and institutions operating in the country and contribute over 50% to GDP. from the country. The SME sector is a key contributor to the national economy and helps boost the UAE’s global competitiveness while helping to increase non-oil GDP and advance economic diversification. As a local bank, Emirates Islamic has always supported entrepreneurship and championed the growth of local businesses in the UAE.
The Emarati business account can be opened easily within 24 hours, giving entrepreneurs seamless access to a full range of financial products and services. Our newly launched value proposition offers a host of benefits including the Business Debit Card – with access to over 30 million merchants worldwide, a dedicated relationship manager to support banking needs, access to businessONLINE – offering 24-hour digital banking convenience and a dedicated Business Banking Call Center service. Emarati business owners can choose from a range of trading packages to suit their specific needs, including Platinum, Gold, Premium, Digital and E-Trader accounts – each with their own unique features and benefits.
Commenting on the launch, Farid Al Mulla, Head of Consumer Banking and Wealth Management at Emirates Islamic, said: “As the leading Islamic bank in the region, we recognize the crucial role the community plays. Emarati business in economic growth in the UAE. , and are committed to meeting their needs. We understand the unique requirements of this business segment, and through our new Emarati Corporate Account, we want to empower our national UAE customers and help them through every step of their business journey.
He added, “Our offering has evolved to meet the ever-changing needs of running a business. Our goal is to continue working to introduce transparent and innovative solutions that help foster a business environment conducive to the needs of UAE nationals.
About Emirates Islamic:
Emirates Islamic (DFM:EIB), part of the Emirates NBD Group, is one of the fastest growing banks in the United Arab Emirates. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services industry in the UAE.
Emirates Islamic offers a comprehensive range of Shariah-compliant products and services across the spectrum of personal, corporate and corporate banking with a network of 40 branches and 197 ATMs/CDMs across the UAE. In the rapidly growing field 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 Banking Chat 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 was named “Best Islamic Bank for Customer Experience, UAE, 2020” at the World Finance Islamic Finance Awards 2021 and received the “Best Digital Innovation in Islamic Banking” award at the MEA Finance Banking Technology Summit & Awards, in recognition of his commitment. service excellence and digitization. It received the ‘Best Credit Card in the UAE’ award for its Skywards Black Credit Card and also received the ‘Best Credit Card’ award for its Emarati Visa Signature Credit Card at the International Finance Awards 2021.
As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial assistance to those in need, with a focus on food, shelter, health, education and contributions social.
For more information, please visit www.emiratesislamic.ae