Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE,recently set up a kiosk at Dubai Ice Rink, The Dubai Mall, with the objective to educate people on Islamic banking principles, and generate awareness of the functioning of Islamic banking products in compliance with Shari’a laws.
Faisal Aqil, Deputy CEO - Consumer Wealth Management at Emirates Islamic Bank said: “We understand that many of the residents in the UAE, including several of our customers,do not fullycomprehend the unique advantages and benefits of Islamic banking, or realise the difference between Shari’a-compliant and conventional banking products. The dedicated kiosk at Dubai Ice Rink was a significant attempt on the part of the bank to help people understand the basics of Islamic finance, and give them an insight into exactly what is on offer for them.”
Islamic banking professionals were present at the kiosk to educate existing and potential customers on Islamic finance concepts and their alignment with Shari’a law, and to respond to questions. Emirates Islamic Bank also used the kiosk to offer insights into how Shari’a-compliant products are sourced by the bank and showcase the specific products on offer.
Existing and potential customerswere also given the opportunity to learn about the special offers from Emirates Islamic Bank,and apply for products such as Credit Cards, Personal Finance and E-Savings accounts.