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Dubai Chambers Signs Mou With Emirates Islamic To Provide Members With Shariah-Compliant Banking Solutions And Products
(MENAFN- Mid-East Info)
Under the MoU, the two parties will work together to facilitate access to the banking and financing solutions offered by Emirates Islamic for Dubai Chamber of Commerce members. These include Shariah-compliant products, trade finance, cash management and corporate financing solutions tailored to the needs of Dubai Chambers members. The two organisations will also collaborate to organise seminars, workshops and joint business forums aimed at strengthening financial awareness and supporting business growth. Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said:“This partnership with Emirates Islamic forms part of our ongoing efforts to provide member companies with the solutions and tools that support their growth and expansion. By offering financial advisory services and Shariah-compliant financing products, we are helping businesses realise their full potential and increase their contribution to Dubai's economic growth, in line with our commitment to supporting innovation, strengthening financial awareness and enhancing the competitiveness of the private sector.” Vivek Shah, Head of Corporate and Institutional Banking at Emirates Islamic, said:“We are pleased to collaborate with Dubai Chambers to offer purposeful growth opportunities to businesses in Dubai. This partnership strengthens our commitment to driving meaningful economic progress and prosperity. Emirates Islamic is delivering value through innovative, ethical banking and finance solutions that strengthens industry competitiveness and enables scale by supporting the private sector with customer-centric propositions and financial awareness programmes.” The MoU reflects Dubai Chambers' ongoing commitment to delivering value-added services that address the evolving needs of the business community. By continually expanding its network of partnerships with financial institutions, Dubai Chambers is helping companies establish and manage their business in Dubai with greater flexibility and efficiency. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers. 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 36 branches and 213 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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Khalid AlJarwan:“By offering access to financial advisory services and Shariah-compliant financing products, we are helping businesses realise their full potential and increase their contribution to Dubai's economic growth.”
Vivek Shah:“Emirates Islamic is delivering value through innovative, ethical banking and finance solutions that strengthens industry competitiveness and enables scale by supporting the private sector with customer-centric propositions and financial awareness programmes.”
Under the MoU, the two parties will work together to facilitate access to the banking and financing solutions offered by Emirates Islamic for Dubai Chamber of Commerce members. These include Shariah-compliant products, trade finance, cash management and corporate financing solutions tailored to the needs of Dubai Chambers members. The two organisations will also collaborate to organise seminars, workshops and joint business forums aimed at strengthening financial awareness and supporting business growth. Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said:“This partnership with Emirates Islamic forms part of our ongoing efforts to provide member companies with the solutions and tools that support their growth and expansion. By offering financial advisory services and Shariah-compliant financing products, we are helping businesses realise their full potential and increase their contribution to Dubai's economic growth, in line with our commitment to supporting innovation, strengthening financial awareness and enhancing the competitiveness of the private sector.” Vivek Shah, Head of Corporate and Institutional Banking at Emirates Islamic, said:“We are pleased to collaborate with Dubai Chambers to offer purposeful growth opportunities to businesses in Dubai. This partnership strengthens our commitment to driving meaningful economic progress and prosperity. Emirates Islamic is delivering value through innovative, ethical banking and finance solutions that strengthens industry competitiveness and enables scale by supporting the private sector with customer-centric propositions and financial awareness programmes.” The MoU reflects Dubai Chambers' ongoing commitment to delivering value-added services that address the evolving needs of the business community. By continually expanding its network of partnerships with financial institutions, Dubai Chambers is helping companies establish and manage their business in Dubai with greater flexibility and efficiency. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers. 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 36 branches and 213 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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