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Home » Emirates Islamic Bank PJSC (EIB) | Dubai Financial Market

Emirates Islamic Bank PJSC (EIB) | Dubai Financial Market

NyongesaSande News Desk by NyongesaSande News Desk
9 months ago
in Companies
Reading Time: 2 mins read
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Emirates Islamic Bank PJSC (EIB) is a UAE-based Islamic bank offering a full range of Sharia-compliant banking services. The bank provides financing and investment instruments in accordance with Islamic principles across four key business segments:

  • Corporate and Institutional Banking: Offers a variety of services and products to corporate customers, including deposits and financing solutions.
  • Retail Banking and Wealth Management: Provides banking services, including deposits, financing, and wealth management to individuals and small and medium-sized enterprises (SMEs).
  • Treasury: Manages the bank’s investment portfolio, fund management, interbank operations, and brokerage services.
  • Others: Includes operations and support functions within the bank.

Ownership and Affiliation
Emirates Islamic is a subsidiary of Emirates NBD Bank PJSC, and ultimately owned by the Government of Dubai.

History
Emirates Islamic Bank was founded in 2004 to provide banking services that align with Shari’a principles. The bank offers products designed for individuals, SMEs, and large corporations. It has been recognized for its excellent service and innovation in the Islamic banking sector.

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Awards and Recognition
Emirates Islamic has won numerous awards for its services and products. It was recently named the “Best Islamic Bank in the UAE” by World Finance Magazine and Global Banking and Finance Review.

Country of Incorporation
United Arab Emirates (UAE)

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Incorporation Date
May 31, 1982

Business Sector
Banking & Investment Services

Company Address
Building 16, Dubai Healthcare City, P.O. Box: 6564, Dubai, UAE

Tags: corporate bankingDubai financial marketEIBEmirates Islamic Bankinvestment servicesretail bankingSharia-compliant bankingUAE Islamic bankwealth management
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