Emirates Islamic wins award for home finance innovation at the First Gulf Housing Week in Oman

Dubai, 6 December 2023: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, was recently awarded at the inaugural ‘Urban October – the First Gulf Housing Week’ in Oman for contributions made to the home finance sector. The regional award was presented by His Excellency Suhail Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure.

In line with its vision to be the pioneering Shari’ah-compliant bank for customers and communities, Emirates Islamic was recognized for its innovative and tailored home finance products at the event. The conference held at the event addressed four key sectors: housing, urban planning, future school buildings and city resilience.

Farid Al Mulla, Chief Executive Officer at Emirates Islamic said: “We are very pleased with the recognition we have received at ‘Urban October – the First Housing Finance Week’. This accolade serves as a testament to our forward-thinking approach and our pledge to remain at the forefront of the Home Finance and housing sector market in the region. The award underscores our dedication to the development and sustainability of the housing sector, which aligns perfectly with the UAE’s vision for growth and prosperity.”

Held in Muscat, Oman, the event was the ideal platform for Emirates Islamic to showcase its commitment to address the need for customised Home Finance solutions within the booming housing and real estate sector within the GCC region.