Certificates available in denominations of 100 grams, 500 grams and 1kg

Dubai, February 26, 2014: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the relaunch of its Gold Certificate product, making it more attractive to customers looking for a convenient way to invest in physical gold bars and ensure their safekeeping.

Emirates Islamic Gold Certificate offers depositors complete flexibility to redeem or take back their physical gold bars at any time. The customers can purchase physical gold at live prices linked to international markets and enjoy the most transparent pricing. The Gold Certificate is fully Shari'a compliant, because it is backed by actual physical gold. Emirates Islamic has also tied up with world-class custodians so that customers do not have to worry about storage, theft or protection costs.

Faisal Aqil, Deputy CEO - Consumer Wealth Management, Emirates Islamic, said: "As one of the leading financial Islamic institutions in the UAE, Emirates Islamic is pleased to offer our customers with a robust product that will enable them to invest in physical gold. This year our Gold Certificates are being offered to customers with enhanced security and flexibility, which highlights our role as an innovative, customer-oriented and customer-friendly one-stop financial solution provider. We would like to reach out to our customers to ensure them that buying gold has become so much more convenient with Emirates Islamic's exceptional product that offers all the benefits of owning gold without any hassles."

The Gold Certificates are issued in lieu of gold bars with specific gold bar numbers, and are available in denominations of 100 grams, 500 grams and 1kg, in purity of 995 as well as 999.9. The enhanced Gold Certificate offering augments the bank's existing product line up, and is in line with the bank's strategy to provide innovative Shari'a compliant solutions and products to customers from all segments of the society.

About Emirates Islamic:
Established in 2004, as Emirates Islamic Bank, Emirates Islamic opened its doors with the clear goal of offering discerning customers Islamic finance solutions. Combining the best in Shari'a compliant services with the strongest levels of customer care and efficiency, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Offering products and services developed in line with the highest ethical standards, Emirates Islamic gives customers the transparency they seek in a strong, honest financial partner.

Emirates Islamic offers a comprehensive range of products and services across the Personal, Business and Corporate banking spectrum. Its network has expanded to reach over 50 branches and more than 100 ATMs across the UAE. In the fast growing area of online and mobile banking, the bank has the reputation as an innovator, and was the first Islamic bank to launch a mobile banking app and the first bank in the Middle East to launch an App on the new Windows 8 mobile platform.

Emirates Islamic has received numerous accolades, both regionally and in the international arena, including recognition for "Best Islamic Bank, UAE" by two extremely prestigious publications, World Finance and CFI. In 2013, the bank was recognised as a "Superbrand 2013," and as the "Best Corporate Bank" in the UAE in 2013. In addition, it has also been recognised by Sheikh Mohamed Bin Rashid Business Award and Ethos Award for Best Islamic Bank for Customer Service in the UAE. These awards are recognition of the high levels of customer satisfaction as well as an acknowledgement of the bank's strong record of performance, growth and market leading banking practices.

For further information please visit www.emiratesislamic.ae

For further information, please contact:
Amina Al Zarooni
Media Relations Manager, Emirates Islamic
Tel: 971 4 4397430;
Mob: 971 56 6405080
Email: AminaAlZarooni@emiratesislamic.ae

Sudha Chandran | Hiba Moussa
ASDA'A Burson-Marsteller, Dubai, UAE
Tel: 971-4-4507600,
Fax: 971-4-4358040
Email: sudha.chandran@bm.com | hiba.moussa@bm.com

© Press Release 2014