Benefits include high earn rates on Skywards Miles, global concierge services and complimentary airport lounge access

Dubai, 10 April, 2017

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has partnered with global payments technology company, Visa, to launch the Emirates Islamic Skywards Visa Signature credit card. The card provides a full range of exclusive benefits to the cardholder, and is designed to support the evolving lifestyles of the affluent UAE population.

Emirates Islamic Skywards Visa Signature cardholders can get the highest Skywards Miles earn rates with up to 1.5 Skywards Miles for every USD spent on the card. These Skywards Miles can be redeemed for complimentary flights, upgrades, excess baggage payments on Emirates flights and Dubai Duty Free vouchers.

Commenting on the launch of the new card, Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic, said: “We are delighted to launch this new premium credit card in line with the evolving preferences of our affluent customer segment. Travel has become an integral part of life in the UAE, and Emirates Islamic’s Visa Signature card specifically caters to premium frequent travellers, who can benefit from the Emirates Airline Skywards programme.”

Apart from the high rewards, cardholders benefit from multilingual Concierge Services with a 24-hour personal assistant who can arrange dinner reservations, chauffeurs, taxis, tickets, gifts or anything required to enhance their lifestyle. Cardholders can also avail unlimited complimentary access to over 750 airport lounges worldwide.

“At Emirates Islamic, we develop products that are in line with customer expectations and delivering high value. We are confident that the card will be favourably received by the target market following its launch,” Saifi added.

Selim Ibrahim Ergoz, General Manager, UAE, Qatar & Pakistan, Visa, added: “The Visa Signature card is a premium product that offers holders an incredibly diverse range of privileges suited to their needs, from exclusive travel, sports and entertainment packages through to concierge services allied to the benefits of the Skywards programme. Emirates Islamic has developed a compelling proposition that is likely to be top of wallet for its customers.”

“Visa Signature card members will enjoy complete peace of mind while traveling, with access to major airport lounges worldwide and extensive travel insurance coverage. They will also benefit from a wide range of other Visa premium privileges including exclusive fine dining offers,” added Ergoz.

The Emirates Islamic Skywards Visa Signature credit card also provides complimentary multi-trip travel insurance up to USD 500,000, automatic purchase protection for all purchases made with the card, and the added benefit of almost doubling the manufacturer's or retailer's warranty. The card also offers free valet parking, discounts at golf clubs and up to four supplementary cards at no charge.

Through the Visa Luxury Hotel Collection, cardholders can also enjoy discounts at over 900 luxury hotels worldwide, in addition to a host of special discounts on car rentals, exclusive restaurants, jewellery stores, theme parks, educational centres, holiday packages and a wide range of leading outlets around the world.

The launch of the Skywards Visa Signature card is aligned with the bank’s strategy to expand its retail banking proposition and deliver a differentiated customer experience across its customer base. Customers can apply for the new card at any Emirates Islamic branch or via the bank’s website.

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About Emirates Islamic:
Established in 2004, as Emirates Islamic Bank, Emirates Islamic is one of the fastest growing banks in the UAE. 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 with a network of 61 branches and 196 ATMs/CDMs 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 Windows 8 mobile platform.

Emirates Islamic has consistently received local and international awards, an acknowledgement of the bank’s strong record of performance, growth and market leading banking practices. The bank was named ‘Best Islamic Bank in the UAE’ at the 2015 World Finance Awards and also won the prestigious Euromoney Award for Innovation in Islamic Finance 2015. In the Islamic Business & Finance Awards 2015, the bank was named ‘Best Retail Bank, UAE’; ‘Best Commercial Bank, UAE’; and ‘Best Wealth Management, ME’. The bank won several industry accolades in 2016, including Innovator in Islamic Finance by Global Finance magazine for EI trade, the world’s first of its kind Shari’a-compliant online Trade Finance and Supply Chain platform and Fastest Growing Bank – UAE at the Banker Middle East Industry Awards 2016.

For further information please visit www.emiratesislamic.ae

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

Tricia Kaul | Shaleen Sukthankar
ASDA’A Burson-Marsteller, Dubai, UAE
Tel: 971-4-4507600, Fax: 971-4-4358040
Email: Tricia.Kaul@bm.com  | Shaleen.Sukthankar@bm.com

© Press Release 2017