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Emirates Islamic Bank / EI+

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Overview

Emirates Islamic Bank is Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE - Personal & Business Needs [1, 2, ae-cro]. 2025 baseline: EI+ distinctive UAE Islamic banking app (Emirates Islamic Bank EI+ Mobile Banking App - Fast & Secure + brings latest in technology and enhanced user experience to existing + new clients); Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform.

Distinctive Emirates Islamic Bank positioning:

  • Emirates NBD's Islamic banking subsidiary (ENBD = UAE Big-4 bank by assets; Dubai government majority shareholder)
  • Best Islamic Bank in UAE - Personal & Business Needs
  • EI+ distinctive UAE Islamic banking app (Fast & Secure + latest technology + enhanced user experience for existing + new clients)
  • Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform
  • 2004 Emirates Islamic Bank founding as Emirates NBD's Islamic banking arm (formerly Middle East Bank; renamed Emirates Islamic Bank 2008)
  • Emirates Islamic Priority Banking + Mobile Banking Apps distinctive UAE Islamic priority banking integration

History

1976 — Middle East Bank founded in Dubai, UAE (Emirates Islamic Bank ultimate predecessor).

2004 — Middle East Bank converts to Islamic banking post-Emirates NBD Islamic banking strategy.

2008 — Middle East Bank renamed Emirates Islamic Bank post-Emirates NBD Islamic banking subsidiary consolidation.

2020 — EI+ mobile banking app launches.

2025 — Emirates Islamic Bank EI+ Mobile Banking App + Emirates Islamic Bank businessONLINE + Best Islamic Bank in UAE - Personal & Business Needs [1, 2].

Ownership & operator

Operating entity: Emirates Islamic Bank PJSC (Emirates NBD subsidiary).

Parent: Emirates NBD Bank PJSC (DFM: EMIRATESNBD) — UAE Big-4 bank by assets; Dubai government majority shareholder.

Regulator: CBUAE (Central Bank of UAE).

Technical integration

EI+ Mobile Banking App (iOS + Android; UAE Islamic banking app; Fast & Secure + latest technology + enhanced user experience for existing + new clients) + emiratesislamic.ae online + Emirates Islamic Bank cards (Visa + Mastercard + Emirates Islamic banking cards) + Emirates Islamic Bank UAE branch network + Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform; UAE IPI (Instant Payment Instruction) + Aani UAE instant payment service.

Users & growth

2025: Emirates Islamic Bank EI+ Mobile Banking App + Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform.

Use cases

UAE Islamic retail + private + corporate + SME + investment banking via EI+ Mobile Banking App + emiratesislamic.ae online + cards + branches + Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform; UAE IPI + Aani UAE instant payment service.

Implementations & partners

Operator: Emirates Islamic Bank PJSC (Emirates NBD subsidiary); Emirates NBD Bank PJSC (DFM: EMIRATESNBD) parent.

Emirates NBD Group sister entities: [[emirates-nbd]] (Emirates NBD; UAE Big-4 bank; ENBD X distinctive UAE banking app) + [[denizbank]] (Emirates NBD Turkish subsidiary post-Jul 31 2019 Sberbank $2.78B acquisition; MobilDeniz + fastPay distinctive Turkish banking apps) + Emirates NBD Egypt (post-2013 BNP Paribas Egypt $500M acquisition).

Major UAE banking competitors: [[first-abu-dhabi-bank]] (First Abu Dhabi Bank; UAE largest bank by assets) + [[adcb]] (Abu Dhabi Commercial Bank) + [[mashreq-neo]] (Mashreq Bank; UAE Big-4) + [[dubai-islamic-bank]] (Dubai Islamic Bank; world's first full-service Islamic bank since 1975; AED 393B total assets 9M 2025; UAE Islamic Big-2 with Emirates Islamic Bank) + [[abu-dhabi-islamic-bank]] (Abu Dhabi Islamic Bank) + RAK Bank (Ras Al Khaimah).

Regulator: CBUAE.

Fun facts

  • Emirates NBD's Islamic banking subsidiary (ENBD = UAE Big-4 bank by assets; Dubai government majority shareholder).
  • Best Islamic Bank in UAE - Personal & Business Needs.
  • EI+ distinctive UAE Islamic banking app (Fast & Secure + latest technology + enhanced user experience for existing + new clients).
  • Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform.
  • 2004 Middle East Bank converts to Islamic banking + 2008 Middle East Bank renamed Emirates Islamic Bank post-Emirates NBD Islamic banking subsidiary consolidation.
  • Emirates Islamic Priority Banking + Mobile Banking Apps distinctive UAE Islamic priority banking integration.

Comparison

Feature Emirates Islamic Bank / EI+ [[dubai-islamic-bank]] (Dubai Islamic Bank rival; world's first full-service Islamic bank since 1975; AED 393B total assets 9M 2025; UAE Islamic Big-2 with Emirates Islamic Bank) [[abu-dhabi-islamic-bank]] (Abu Dhabi Islamic Bank rival) [[emirates-nbd]] (Emirates NBD parent; ENBD X distinctive UAE banking app) [[first-abu-dhabi-bank]] (First Abu Dhabi Bank rival; UAE largest bank by assets)
Operator Emirates Islamic Bank PJSC (Emirates NBD subsidiary; Emirates NBD Bank PJSC parent DFM: EMIRATESNBD) Dubai Islamic Bank PJSC (DFM: DIB) Abu Dhabi Islamic Bank PJSC (ADX: ADIB) Emirates NBD Bank PJSC (DFM: EMIRATESNBD) First Abu Dhabi Bank PJSC (ADX: FAB)
Type Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE + EI+ Mobile Banking App (Fast & Secure) + Emirates Islamic Bank businessONLINE UAE Islamic SME banking + Emirates Islamic Priority Banking World's first full-service Islamic bank since 1975 + AED 393B total assets 9M 2025 + record revenues AED 9.7B + DIB alt UAE Islamic banking app + DIB Digital Account + 6-country footprint + 2020 Noor Bank AED 4.3B acquisition UAE Islamic Big-2 with DIB + ADIB Direct + ADIB Egypt + ADIB UK + ADIB Saudi Arabia UAE Big-4 + ENBD X + Emirates Islamic Bank subsidiary + DenizBank Turkish subsidiary post-Jul 2019 Sberbank acquisition UAE largest bank by assets + FAB Mobile + Mubadala Investment Company controlling
Country AE AE + 5+ countries AE + EG + UK + SA AE + TR + 5+ countries AE + EG + UK + SA + 14+ countries
Distinctive 1976 Middle East Bank founding in Dubai (Emirates Islamic Bank ultimate predecessor); 2004 Middle East Bank Islamic banking conversion; 2008 Middle East Bank renamed Emirates Islamic Bank; 2020 EI+ mobile app launch Sep 12 1975 DIB founding (world's first full-service Islamic commercial bank); Jan 2020 Noor Bank AED 4.3B acquisition May 20 1997 Abu Dhabi Islamic Bank founding 1963 Emirates NBD founding heritage; 2007 Emirates Bank + NBD merger → Emirates NBD; Jul 31 2019 DenizBank $2.78B from Sberbank 1968 National Bank of Abu Dhabi founding + 2017 NBAD + FGB merger → FAB

Status

Active, Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE [1, 2]:

  • Emirates Islamic Bank PJSC (Emirates NBD subsidiary; Emirates NBD Bank PJSC parent DFM: EMIRATESNBD) since 1976 Middle East Bank founding + 2004 Middle East Bank Islamic banking conversion + 2008 renamed Emirates Islamic Bank + 2020 EI+ mobile app launch.
  • EI+ Mobile Banking App (Fast & Secure) + Emirates Islamic Bank businessONLINE UAE Islamic SME banking + Emirates Islamic Priority Banking.
  • CBUAE regulated.

Sources

Source

Biography extracted from emirates-islamic.md. See matrix.md for standards-support matrix if present.

source · docs/wallets/emirates-islamic/index.md