Emirates Islamic

{{Short description|Sharia-compliant bank in Dubai}}

{{Infobox company

| name = Emirates Islamic

| trade_name = EIB

| logo = Emirates Islamic Bank Logo.png

| hq_location_city = Dubai, United Arab Emirates

| website = {{url|www.emiratesislamic.ae}}

| industry = Banking

}}

Emirates Islamic (Formerly known as Emirates Islamic Bank) is one of the four Islamic banks in Dubai, United Arab Emirates.{{Cite journal |last=Hassan Al‐Tamimi |first=Hussein A. |last2=Mohammed Al‐Mazrooei |first2=Faris |date=2007-08-21 |editor-last=Powers |editor-first=Michael R. |title=Banks' risk management: a comparison study of UAE national and foreign banks |url=https://www.emerald.com/insight/content/doi/10.1108/15265940710777333/full/html |journal=The Journal of Risk Finance |language=en |volume=8 |issue=4 |pages=394–409 |doi=10.1108/15265940710777333 |issn=1526-5943}} The bank was established in 2004 to provide banking services in line with Shari'a principles. It offers products designed for individuals and small businesses as well as large corporations.{{Cite journal |last=Saif H. Al Zaabi |first=Obaid |date=2011-06-21 |title=Potential for the application of emerging market Z‐score in UAE Islamic banks |url=https://www.emerald.com/insight/content/doi/10.1108/17538391111144498/full/html |journal=International Journal of Islamic and Middle Eastern Finance and Management |language=en |volume=4 |issue=2 |pages=158–173 |doi=10.1108/17538391111144498 |issn=1753-8394}}

Emirates Islamic has won many awards and prizes for its services and products. It was recently named the "Best Islamic Bank in the UAE" by two prestigious organizations, World Finance Magazine and Global Banking and Finance Review.{{Cite web |title= Recognition|url=https://gulfnews.com/business/banking/emirates-islamic-named-best-islamic-bank-in-uae-by-world-finance-magazine-1.1624521817502}}{{Cite web |title= Finance award|url=https://www.emiratesislamic.ae/eng/latest-news/2021/june/emirates-islamic-wins-best-islamic-bank-in-the-uae-at-global-banking-and-finance-review-awards-2021/}}