Emirates Islamic named ‘Islamic Bank of the Year – UAE 2020’ by The Banker.
Emirates Islamic, among the leading Islamic banks in the UAE, today revealed that it has been awarded the distinguished Islamic Bank of the Year – UAE 2020' award by the globally renowned Financial Times' monthly publication, The Banker.
The global award recognises Emirates Islamic's leading position amongst the world's finest Islamic financial institutions. In awarding the title to Emirates Islamic, The Lender mentioned that "Emirates Islamic has been named Islamic Financial institution of the Year in the UAE for the very first time, thanks to its remarkable monetary efficiency, improving customer support, and expanded product portfolio." Salah Amin, President, Emirates Islamic stated: "At Emirates Islamic, we are extremely delighted to be called 'Islamic Financial institution of the Year- UAE 2020' by Financial Times' The Banker magazine. The award by The Lender acknowledges not only our economic success throughout the years but likewise is testimony to our product and service advancements which have been critical to becoming a leader in the Islamic banking field in the UAE." Salah Amin added, "Islamic banking has grown consistently over the years, and Emirates Islamic has played a pioneering role to drive the growth in this sector and support the Government's goal of making Dubai the global capital of the Islamic economy. As part of our customer-centric strategy, we have invested heavily in technology and digital banking solutions to provide our customers with superior customer experience. We have always embraced innovation as one of our core strategic pillars - we were the first Islamic bank to launch a Mobile Banking app in the
UAE, first Islamic bank to launch Apple Pay in the UAE and the first Islamic bank in the world to launch Chat Banking through WhatsApp. Going forward, we will continue to make further strides towards our goal of creating a superior banking experience for our customers and maintaining our position as the nation's preferred Islamic Bank."
Emirates Islamic supplied a strong collection of lead to 2019 with internet earnings of AED 1,061 million, surpassing the one billion dirham mark for the first time. The recognition from The Banker follows a series of the local as well as international awards gotten by Emirates Islamic in current months, in acknowledgement of its solid record of efficiency and innovation in banking. The Financial institution was called 'Ideal Islamic Financial Organization in UAE' 2020 in New York-based Global Finance publication's listing of the ' World's Ideal Islamic Financial Institutions.' Emirates Islamic was additionally identified as 2019's 'Finest Islamic Bank' and also the 'The Majority Of Innovative Islamic Bank' by the Globe Financing Publication's global Islamic Finance Awards. The Financial institution was also granted the 'The majority of Cutting-edge Islamic Bank' by Islamic Finance Information, a leading international Islamic finance news company.