March 28, 2017

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced today that it has won two awards at the Banker Middle East Product Awards 2017. Emirates Islamic’s Kunooz Savings Account was named the Best Savings Account, while the Bank’s Flex Elite Card was awarded the Best Islamic Premium Card.

Commenting on the awards, Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic said: “At Emirates Islamic, innovation is our core value and we have always played a key role in pioneering the growth of the Islamic banking sector in the UAE. I am extremely pleased that we have been recognized for two diverse products that highlight the innovation journey at Emirates Islamic. Over the last few years, our Kunooz Savings Account has been one of the most popular savings accounts in the UAE, helping our customers plan and save for their future while rewarding them with monthly and daily prizes. On the other hand, the Flex Elite Card is the latest addition to our suite of products and with its range of benefits and privileges, is truly the UAE’s first all-in-one card.”

“We have always worked closely with our customers to understand their needs and requirements; tailoring products that suit their specific needs. Going forward, we will continue to launch innovative products that win awards but more importantly, exceed customer expectations”, he added.

Emirates Islamic’s Kunooz Savings Account won the Best Savings Account award. It encourages customers to save and also rewards them significantly with monthly grand prizes and daily prizes worth over AED 12 million a year.

The Bank’s Flex Elite Card was named Best Islamic Premium Card. It is powered by EI SmartMiles, an exclusive and unique rewards redemption portal & mobile app that offers instant and flexible rewards redemption options at over 300 airlines, 180,000 hotels or at any website or outlet around the world. The Card also offers a range of lifestyle benefits including complimentary golf, valet parking, airport lounge access and multi-trip travel insurance.

The Banker Middle East Product Awards is the most comprehensive platform acknowledging significant developments in the financial services sector in the Middle East, and provides a benchmark for the regional financial sector. With categories covering all areas of banking and finance from consumer products to corporate and investment banking services, the awards are decided through public voting of the nominated products.