#Emirates Islamic

Emirates Islamic issues dirham denominated sukuk

UAE’s Emirates Islamic issues dirham-denominated sukuk valued at Dhs1bn

The three-year issue witnessed robust demand and was oversubscribed by 2.5 times

Dubai’s Emirates Islamic’s net profit grows to Dhs823m in 2021

The bank’s profits were up 271 per cent over 2020

Emirates Islamic lists another $500m sukuk on Nasdaq Dubai

The latest listing brings the bank’s current sukuk value on the exchange to $1bn

Banks erase debt worth Dhs869.85m of 1,607 Emiratis

The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan

Dubai’s Emirates Islamic closes $500m sukuk issuance

Bank ABC, Citigroup, Dubai Islamic Bank, Emirates NBD Capital, and HSBC, among others acted as joint lead managers and bookrunners for the transaction

Dubai’s Emirates Islamic offers incentives to UAE healthcare professionals

The bank is offering the Skywards Infinite Card, Etihad Guest Premium Credit Card, and the free for life Cashback Plus Visa Signature Credit Card and RTA Credit Card to healthcare professionals

UAE’s Emirates Islamic offers free Business Banking debit cards to SMEs

The initiative will grant an alternative channel to customers seeking access to cash