Tuesday, 02 January 2024 12:17 GMT

Emirates Islamic Rewards 55 Smes Through AED 1 Million Business Banking Campaign


(MENAFN- Mid-East Info)

Dubai, UAE,August 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has successfully concluded its Business Banking Promotional Campaign, rewarding 55 Business Banking customers with prizes worth a total of AED 1 million.



The nationwide campaign, which ran from 1 April to 30 June 2026, was launched to empower small and medium-sized enterprises (SMEs) across the UAE by encouraging sustainable balance growth and rewarding customer loyalty.

Envisioned to accelerate business growth, the campaign observed high levels of customer participation and engagement across the bank's SME portfolio. Monthly draws awarded cash prizes to businesses that maintained and grew their account balances, culminating in a prize draw post-campaign where one lucky Business Banking customer won the grand prize of AED 250,000.

Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, said:“We are pleased to celebrate the successful conclusion of our Business Banking promotional campaign, which validates our ongoing commitment to the UAE's vibrant SME sector. SMEs are central to the UAE's vision for economic diversification. By rewarding our customers for practising disciplined financial management and growing their balances, we are proud to play an active role in fostering a more resilient, competitive and future-ready business landscape.”

The successful conclusion of the initiative underscores Emirates Islamic's strategic focus on deepening relationships with its Business Banking clients, growing Current Account/Savings Account (CASA) balances and supporting the growth ambitions of entrepreneurs and start-ups across the country.

Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic, added:“At Emirates Islamic, we are dedicated to delivering innovative Shariah-compliant solutions that cater to the needs of business owners as they expand their enterprises. This campaign was designed to offer tangible value beyond traditional banking, recognising customer engagement while empowering SMEs to achieve their financial aspirations. We congratulate all 55 winners and remain committed to championing entrepreneurship across the UAE.”

Emirates Islamic continues to strengthen its position as a trusted pillar of the business community, currently serving over 45,000 SMEs and banking approximately one in every 15 SMEs operating in the UAE. The initiative enables the bank to shape a more inclusive and resilient SME economy that caters to the broader economic momentum of the UAE.

About Emirates Islamic:

Emirates Islamic Bank PJSC (Emirates Islamic) is the Islamic banking arm of the Emirates NBD Group and is a leading Islamic financial institution 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 Shariah-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 35 branches and 214 ATMs/CDMs across the UAE. In the 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 the“Islamic Retail Bank of the Year – Middle East” and“Most Innovative Murabaha” awards at the prestigious The Banker's Islamic Banking Awards 2025. Additionally, the bank was named 'Best Islamic Corporate Bank in the World' and 'Best Islamic Financial Institution in the UAE' at the Global Finance – Best Islamic Financial Institutions Awards 2025. Emirates Islamic was also awarded the prestigious title of 'The World's Best Islamic Digital Bank' at the Euromoney Islamic Finance Awards 2025.

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.

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Mid-East Info

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