Emirates Islamic, among the leading Islamic banks in the UAE, today revealed that it has been identified for 'Islamic Banking Innovation' at the 2015 Enterprise Agility Awards. The award identifies Emirates Islamic's considerable contribution to product and service advancement in the the UAE's blossoming banking sector.

The Enterprise Agility Awards, arranged by Entrepreneur MENA publications, a department of BNC Publishing, objective to acknowledge and honour enterprise leaders and individuals in the Middle East who have actually identified themselves, and showed innovation and exceptional business conduct. Organisations throughout 20 industries consisting of retail, health care, design, hospitality, aeronautics, education, banking, and energy, considereded as essential motorists of the Middle East's economy, are thought about for the awards.

Discussing the award, Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic said: "We are delighted to be recognised by the industry and Entrepreneur MENA in particular, for our long term commitment to advancement. Emirates Islamic has consistently innovated throughout business lines as we firmly believe that advancement is exactly what distinguishes us from competition and generates us to excellence.".

Emirates Islamic has actually long promoted about the important requirement for development in Islamic banking on public platforms in the UAE, consisting of at the launch of the ISLAMIC BANKING INDEX by EMIRATES ISLAMIC , a customer survey on Islamic Banking in the UAE, which provided empirical evidence that innovation is among the crucial motorists of Islamic banking's future success.

"Over the years, we have actually taken the lead in services and product innovation be it with EI Trade, our personalized Shari'a-compliant online trade and supply chain platform or the Nasdaq Dubai Murabaha platform, another first-to-market solution which allows business and people to carry out Islamic funding deals rapidly at a taken care of charge," continued Bin Ghalaita. "Emirates Islamic was the first Islamic bank to release a mobile app in the UAE and earlier this year, we introduced EI World, a mobile banking app that enables Emirates Islamic consumers to perform banking transactions in a fun and interesting environment. With a firm concentrate on ongoing advancement, we are well positioned to lead the Islamic banking market as we work to fulfilling the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai to make the emirate the worldwide capital of Islamic Economy.".

Discussing Emirates Islamic's recognition on behalf of Entrepreneur Middle East magazine, Wissam Younane, Director of BNC Publishing said: "We were pleased to present Emirates Islamic with the distinction of Islamic Banking Innovation at the 2015 Enterprise Agility Awards. Emirates Islamic credits all this success to its high requirement of services that are performed in line with Shari'a principles, keeping the client at the heart of all that it does. That focus on the consumer positions this banks in the Islamic banking space a leg ahead of others running in the same arena.".
Entrepreneur MENA publications are a division of BNC Publishing, formally accredited to BNC Publishing by the U.S. business and development publication Entrepreneur.