Jan 27 2010
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EIB introduces the first comprehensive life takaful cover in the banking industry
Al Hesn Takaful consists of 4 different plans with monthly contributions ranging from AED 30 to AED 265 to suit the various requirements of the diverse customer base. Plans cover natural death, as well as death by accident, permanent total or partial disablement due to an accident, death due to an accident in common carriers and a cash benefit on hospitalization in addition to a lump sum benefit on hospitalization exclusively for Emirates Islamic Bank 's customers.
Commenting on the launch, Mr. Faisal Aqil General Manager Retail Banking Emirates Islamic Bank said: "The well being and peace of mind of our customers are always on the bank's product development radar. We at Emirates Islamic Bank are dedicated to providing quality tailor-made solutions that meet the diverse requirements of our customers. Most importantly, this is yet another meaningful contribution by EIB in context of our social responsibility as an organization"
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.
is headquartered in Dubai, employs more than 800 staff and has currently 30 branches across the UAE.
Issued on behalf of Emirates Islamic Bank by tamra C2 PR. For additional information please contact Suzan Barhoush, PR General Manager at email@example.com ; Tel: 04 295 11 77. Fax: 04 295 11 88
© Press Release 2010
© Copyright Zawya. All Rights Reserved.
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