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Business 1 min read 58 views

Emirates Islamic Claims Double win at Banker Middle East Product Awards

Emirates Islamic, one of the leading Islamic banks in the UAE, left with two significant prizes at the Lender Middle East Product Awards. Reaffirming the bank's commitment to bringing higher innovation in Islamic banking, the bank said the Best Mobile Banking app award. The bank also won 'Best Islamic Card' for its Emarati Charge Card that is tailor-maked to fulfill the needs and way of lives of UAE nationwide customers via special advantages and deals.

Emirates Islamic's mobile app is one of the highest possible placed Islamic banking applications on Application Store with an outstanding ranking of 4.5/ 5 and is utilized by a lot of its customers. The app offers over 150 services consisting of SmartPass, the bank's protected and practical authorisation for electronic banking deals without the demand of awaiting the SMS verification code; Immediate Account Opening that allows customers to instantaneously open up a bank account online throughout eleven money; QuickRemit fund transfer platform for remittances to India within 60 seconds at no handling charges; Cards Administration facility which lets cardholders to manage all their charge card activities consisting of blocking, triggering and uncloging; a Money on Call facility which enables customers to move approximately 80% of their card's readily available limitation to their checking account; and App Trial feature that permits customers to obtain a genuine look & feel of the app and explore the functions without logging in.

Launched in 2017, 'Emarati' Bank card from Emirates Islamic is a costs, free-for-life VISA Signature card tailor-maked to satisfy the requirements of UAE national customers via exclusive travel & lifestyle benefits and offers, both in the UAE and abroad. The bank card offers split second and versatile benefits redemption choices on Emirates Islamic's commitment benefits program, EI SmartMiles, and also offers free valet car parking, a welcome bonus, complimentary airport terminal lounge gain access to and other way of life benefits.

Commenting on the awards, Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic, said: "At Emirates Islamic, innovation is a core worth through which we have played a key duty in establishing new criteria for the Islamic banking sector in the UAE. We were the first Islamic bank in the UAE to launch a mobile banking application that attends to the expanding demands of digital smart customers and we continually enhance and boost the app's user friendliness and performance to allow a seamless banking experience for our customers. Emirates Islamic will continuously enable our customers' transition to digital channels, in accordance with the Smart Dubai agenda of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai."

Talking about the prize-winning card, Saifi added, We are honored that our Emarati Credit Card has been named as the Best Islamic Card. As a home-grown bank, we are cognisant of the banking needs of our Emarati customers, and we continue to launch customised products and services for them. The Emarati Credit Card has been developed after careful consideration of the lifestyle of our Emarati customers and we are pleased that the card has been very well received by them

The Lender Middle East Product Awards, sponsored by the CPI Financial Group, is just one of one of the most recognized honors programmes acknowledging significant growths within the financial industry in the Middle East, and gives a benchmark for the regional financial industry. With categories covering all locations of banking and money from consumer products to business and investment banking solutions, the awards are determined via public voting of the nominated products.

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