Emirates Islamic observes holy month of Ramadan with charitable initiatives
Dubai, UAE 5 April 2022: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is commencing the holy month of Ramadan with several charitable, humanitarian and community initiatives, including providing financial support to the Khalifa Foundation for Charitable and Humanitarian Works, through the Emirates Islamic Charity Fund.
The bank distributed Meer Ramadan (essential foodstuff and commodities regularly needed during Ramadan) to over five thousand families across the UAE. During the Holy Month, the bank makes several such charitable contributions in the spirit of faith and generosity.
Salah Mohammed Amin, Chief Executive Officer, Emirates Islamic, said, “The holy month of Ramadan is an ideal opportunity to extend a helping hand to those who need it, in line with the Islamic values of compassion and generosity. We are proud to support the Khalifa Foundation, and the honourable work they do to improve the lives of many families. This Ramadan, Emirates Islamic will continue to support these families and help them meet their needs”
A number of Emirates Islamic staff and branch managers participated in the distribution event.
Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is one of the fastest growing banks 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 Shari’a-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 41 branches and 177 ATMs/CDMs across the UAE. In the fast-growing 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 international acclaim as the ‘Most Innovative Islamic Bank’ at the Islamic Finance Awards 2020 by World Finance, in addition to being named the ‘Best Islamic Bank, UAE’. The Bank was also awarded the title of ‘Most Innovative Islamic Bank’ by Islamic Finance News and ‘Islamic Bank of the Year – UAE 2020’ by The Banker. Additionally, New York-based Global Finance magazine recognised Emirates Islamic as the ‘Best Islamic Financial Institution, UAE’ for a second year in a row on its list of the ‘World’s Best Islamic Financial Institutions’.
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.