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Saturday, November 21 - 2009

Emirates Islamic Bank launches Ramadan promotion

  • United Arab Emirates: Sunday, August 23 - 2009 at 11:48
  • PRESS RELEASE

Emirates Islamic Bank got into the spirit of Ramadan by launching Intelaq (Vehicle Finance) promotion.

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This new Sharia-compliant vehicle finance promotion will run until the 30th of September 2009, giving its customers an easier way to gift themselves a car during this auspicious time of the year.

Based on the Islamic concept of Murabaha, Intelaq Ramadan Promotion offers an array of benefits and features such as competitive profit rates, installment & profit holiday for after 90 days and a host of other benefits.

'Ramadan holds a special significance for our bank, our customers and the community, and we wanted to reflect this by launching a very special offering which reflects the spirit of Ramadan!'


said Mr. Faisal Aqil, GM Retail Banking for Emirates Islamic Bank.

Customers can also benefit from tailor-made features designed to suit their wallets like the 72 month repayment periods.

This feature gives them the distinct advantage of planning out their finances and simultaneously helps them have an improved lifestyle today with the ease of long term repayments.
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Notes and media contacts

About Emirates Islamic Bank:
Emirates Islamic Bank opened its doors in October 2004 with a mission to provide consumers in the UAE with effective and innovative Shari'a compliant financial solutions.

The Bank offers a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all its activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law.

On the retail side, the bank has an array of products, such as a full range of credit cards including Visa Infinite Card; Manzili Home Finance, Intaleq Car Finance, and many other products.

The bank has also launched Al Reem Ladies Banking, a specialized banking service designed to cater to the banking and financial needs of women in the region.

The bank also offers Ethmar Priority banking to suit the demands of the high-net-worth clients.

Emirates Islamic Bank is very active on the Corporate Banking level, seeking exceptional investment opportunities in the local as well as the regional market.

Within almost three years of its inception Emirates Islamic Bank has managed to position itself as one of leading financial players in the UAE's banking sector.

The bank's rapid growth and success is mainly due to its continued successful launch of Shari'a compliant products, services and other key business initiatives.

EIB is headquartered in Dubai, employs more than 800 staff and has currently 30 branches across the UAE

For more details:
Suzan Barhoush
General Manager PR
Tel: 04- 295 11 77
Fax: 04- 295 11 88

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