Emirates Islamic wins top global, regional and UAE honours at Euromoney Islamic Finance Awards 2025, highlighting excellence in digital and ESG banking.
Dubai: Emirates Islamic has emerged as a standout winner at the prestigious Euromoney Islamic Finance Awards 2025, receiving multiple honours that affirm its leadership in digital banking, ESG innovation, and Shariah-compliant financial solutions across global, regional, and local platforms.
The bank was named ‘The World’s Best Islamic Digital Bank’, ‘The Middle East’s Best Islamic Digital Bank’, and ‘The UAE’s Best Islamic Digital Bank’, reflecting its commitment to digital transformation. The success of its EI+ Mobile Banking App has been instrumental in this recognition, with over 500,000 users and 90% of eligible customers actively banking online. The app has processed more than 18 million transactions, with monthly logins exceeding 4 million. Since its launch, the app has expanded from 50 to 160 services, including Shariah-compliant investments, boosting financial transaction volumes by 30%.
Emirates Islamic also received accolades for excellence in Environmental, Social and Governance (ESG) initiatives, securing ‘The Middle East’s Best Islamic ESG Deal’ for its USD 750 million senior unsecured Sukuk. This landmark issuance drew global investor interest, achieving a 2.8x oversubscription with a USD 2.1 billion orderbook, reinforcing the UAE’s position as a hub for Islamic finance.
In addition, Emirates Islamic’s Corporate & Institutional Banking division was recognised with four awards:
- ‘The Middle East’s Most Innovative Islamic Deal’
- ‘The UAE’s Islamic Finance Deal of the Year’
- ‘The UAE’s Best Islamic ESG Deal’
- ‘The UAE’s Most Innovative Islamic Deal’
These awards celebrate the bank’s innovation in structuring sophisticated, Shariah-compliant solutions.
CEO Farid AlMulla remarked, “These honours reflect our digital leadership and unwavering commitment to ethical, Shariah-compliant financial services. We support the UAE Strategy for Islamic Finance and Halal Industry and aim to continue shaping global Islamic finance.”
Deputy CEO Mohammad Kamran Wajid added, “Our dedication to innovation and sustainability continues to enhance customer satisfaction and the regional prominence of Islamic finance.”
These wins position Emirates Islamic as a trailblazer in the sector, strengthening its reputation as a future-focused, customer-centric Islamic bank.