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Saturday, November 21 - 2009

Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum inaugurates Emirates Islamic Bank Nad Al Hamar branch

  • United Arab Emirates: Thursday, October 22 - 2009 at 13:53
  • PRESS RELEASE

Emirates Islamic Bank announced today the inauguration of a new branch in Nad Al Hamr Dubai. The new branch opening was commemorated with a ribbon cutting ceremony that was graced by the presence of His Highness Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts Authority, Emirates Islamic Bank's Chairman, board members, senior dignitaries and bank officials.

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  • During the ribbon cutting ceremony.
    During the ribbon cutting ceremony.
Speaking on the occasion, Mr. Ebrahim Fayez Al Shamsi, CEO Emirates Islamic Bank, said:
"I would firstly like to thank His Highness Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum for his valuable support. It is a great honor to welcome his highness inaugurating the bank's biggest branch and which is a key addition to the rapidly growing network of Emirates Islamic Bank branches. Our vision for Emirates Islamic Bank is to ensure pioneering leadership in all aspects so that we can cater to a rapidly growing segment in a dynamic and futuristic economy."


Tailor-made to suit the needs of the Emirates Islamic Bank customers, EIB 31st branch is fully equipped; housing a 24-hour self service ATM area, as well as the usual retail banking divisions. Also, the branch includes a dedicated "Al Reem" ladies banking area as well as a sales unit offering key retail products such as vehicle finance, credit cards and home finance, with each of these products backed by an experienced, committed and qualified sales team.

Emirates Islamic Bank has become a leading financial solutions provider in the market through its various innovative products. The inauguration of this new branch will further help reinforce its focus on retail banking and give customers greater access to its unique offerings.

The newly opened Nad Al Hamar branch is handily located on Al Rabat street and operates from 8 a.m. to 1 p.m. Saturday through Thursday.
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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 additional information please contact:

Suzan Barhoush
PR General Manager
tamra C2 PR
Tel: +971 4 295 11 77
Fax: +971 4 295 11 88

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