
Emirates Islamic Bank is a 100% Islamic bank, meaning it operates in accordance with Islamic principles and Shariah law. It was established in 2008 as a result of a merger between Emirates Bank International and Dubai Islamic Bank.
The bank offers a range of Shariah-compliant products and services, including savings accounts, current accounts, credit cards, and personal loans.
Emirates Islamic Bank has a strong presence in the UAE, with over 50 branches across the country.
For another approach, see: Federal Shariah Court Verdict on Interest System in Pakistan
IBAN Information
The IBAN code for Emirates Islamic Bank in the United Arab Emirates consists of 23 characters.
The IBAN code includes a 2-letter country code, which in this case is AE.
The check digits in an Emirates Islamic Bank IBAN code are 2 digits, specifically 07.
Here's a breakdown of the Emirates Islamic Bank IBAN example in the United Arab Emirates:
If you're making an international money transfer to a bank account in the United Arab Emirates, you'll usually need to provide an IBAN or SWIFT code to ensure the transfer is processed correctly.
Top 5

Emirates Islamic offers a range of benefits to its customers.
The bank's Islamic banking solutions cater to the needs of individuals and businesses alike, with a focus on transparency and fairness.
One of the key features of Emirates Islamic is its Shariah-compliant banking products, which are designed to meet the financial needs of customers while adhering to Islamic principles.
Here are the top 5 benefits of banking with Emirates Islamic:
1. Shariah-compliant banking solutions that cater to the needs of individuals and businesses alike.
2. High-yield savings accounts that offer competitive interest rates, with the option to earn up to 2.50% per annum.
3. Personal finance solutions that provide customers with the freedom to manage their finances effectively, including credit cards and personal loans.
4. Business banking solutions that offer a range of services, including current accounts, savings accounts, and financing options.
5. Innovative digital banking services that provide customers with the convenience of online banking, mobile banking, and SMS banking.
Take a look at this: Islamic Personal Financing
Frequently Asked Questions
Who is the owner of Emirates Islamic Bank?
Emirates Islamic Bank is ultimately owned by the Government of Dubai, through its investment arm Investment Corporation of Dubai. It is a subsidiary of Emirates NBD PJSC, a Dubai-based bank.
Sources
- https://wise.com/us/iban/united-arab-emirates/emirates-islamic-bank
- https://gulfnews.com/business/banking/emirates-islamic-bank-nets-dh12m-as-first-half-2020-profit-1.72692157
- https://insurancemarket.ae/banking/emirates-islamic-rta-card-guide/
- https://www.worldfinance.com/banking/emirates-islamic-is-enhancing-the-digital-experience-for-uae-customers
- https://trackmyswift.com/swift-codes/MEBLAEADADC
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