Emirates Islamic
Sharia-compliant bank in Dubai
From Wikipedia, the free encyclopedia
Emirates Islamic (formerly known as Emirates Islamic Bank) is one of the four Islamic banks in Dubai, United Arab Emirates (U.A.E).[1] The bank was established in 2004 to provide banking services in line with Shari'a principles. It offers products designed for individuals and small businesses as well as large corporations.[2]
 | |
| EIB | |
| Industry | Banking |
| Founded | 2004  |
| Headquarters | Dubai, United Arab Emirates |
| Website | www |
History
In March 2019, Emirates Islamic received the "Most Innovative Islamic Bank" award from Islamic Finance News.[3]
In October 2019, Emirates Islamic was named "Best Islamic Bank in the U.A.E." at the Global Industry Awards.[4][5]
In April 2019, Emirates Islamic announced it had launched banking via WhatsApp, saying it was the first Islamic bank to do so.[6]
As of December 2024, Emirates Islamic operated 40 branches in the U.A.E.[7]
In May 2025, Euromoney named Emirates Islamic "world’s best Islamic digital bank" for 2025.[8]
In June 2025, Emirates Islamic announced it was delisting from the Dubai Financial Market (DFM), after Emirates NBD acquired all remaining shares.[9][10][7]
Emirates Islamic was ranked 41st on Forbes Middle East's Top 100 Listed Companies 2025 list.[7]
In April 2026, Emirates Islamic launched the U.A.E.'s first digital investment service that would let customers invest in certified physical gold and silver bars through a mobile app.[11][12]
In May 2026, Islamic Bank helped Middle East Specialised Cables Company (MESC) secure Sharia-compliant banking facilities worth 110 million UAE dirhams ($30 million).[13]
