The UAE is world famous for its excellence in banking and finance, so if you’re looking for a quality Islamic bank, it is the ideal place. Despite the financial challenges faced globally in recent years, the financial market of the UAE has remained strong and a secure place to invest your money. There are many Islamic banks in the UAE to choose from, all of which comply with Sharia to offer customers the best quality service.
If you’re looking for a new Islamic bank, it can be tricky to know which option is best for you. You should consider what you will use your bank for, whether business or personal, and what products and services you’ll require.
Emirates Islamic Banks aims to offer simple and effective solutions to customers in compliance with Sharia. They are dedicated to providing high-quality internet banking, allowing customers round-the-clock access to banking services and making them ideal for anyone who needs flexible banking options.
Sharjah Islamic Bank was established in the 1970s and converted to fully Islamic services in 2004. Sharjah Islamic Bank delivers a range of high-quality Islamic services and strives to become the number one Islamic bank in the UAE, putting customers at the forefront of all of their business decisions.
Al Hilal Bank is a progressive and relatively new bank that seeks to provide a truly unique experience to its customers. It became well known for its scented credit card, which is aimed at women, proving that Al Hilal Bank offers one of the most unique experiences in banking today. Al Hilal Bank isn’t just about fun gimmicks, offering quality services ranging from mobile banking to wealth management.
ADCB is one of the largest and most popular banks in the UAE. Established in the 80s, it has provided high-quality banking services to UAE residents for decades. They offer a range of services, from basic personal accounts to complex business accounts. If you need an Islamic bank in UAE, then there is no better option than ADCB.
Noor Bank is a relative newcomer to the UAE banking landscape and one that has seen massive popularity in its time operating. With locations across the UAE, Sharia is at the heart of everything this bank does. It has a committee and team of Islamic scholars to oversee the operation of the bank and ensure that everything it does is in compliance with Sharia.
Mashreq Bank is one of the oldest banks in the UAE, having been founded in the 1960s. It provides a broad range of services and has a dedicated Islamic banking arm called Mashreq Al Islami. In addition to traditional banking services, Mashreq Bank also offers things like car and home financing, as well as rewards systems to help you make the most of your money.
Abu Dhabi Island Bank is an award-winning institution that works within Sharia to provide customers with the best possible experience and service. It provides all the essential services required from a bank, including savings, personal and business accounts.