Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has introduced a dedicated initiative for UAE’s frontline personnel, providing enhanced financial support and service benefits to UAE Nationals and residents working at over 25 Government agencies and ministries.
Under the initiative, Emirates Islamic is offering a tailored package of benefits to empower frontline heroes to manage their financial needs with greater ease, flexibility and convenience. The offer reflects the Bank’s tribute to the UAE’s frontline workers who play a critical role in safeguarding the nation, while prioritising financial stability within the country.
The initiative includes exclusive benefits on a range of banking products and financing solutions, including:
Kunooz Millionaire Account
• 10 lucky Frontline Heroes will get an opportunity to win exclusive prizes of
AED 10,000 each. They can also win other cash prizes with the Kunooz Account, including the monthly grand prize of AED 1,000,000
Covered Cards
• 10% cashback of up to AED 500 on utility bills payment, fuel and grocery spends
• No annual membership fee on select cards
Personal Finance
• Profit rates* starting from 2.49% flat p.a. for Emiratis (approximately equivalent to 4.56% reducing rate p.a.)
• Profit rates** starting from 2.99% flat p.a. for Expatriates (approximately equivalent to 5.47% reducing rate p.a.)
• Zero processing fees
Auto Finance
• Profit rates starting from 1.89% flat p.a. (equivalent to 3.61% reducing p.a.) for Emiratis
• Profit rates starting from 1.95% flat p.a. (equivalent to 3.72% reducing p.a.) for Expatriates
• Zero processing fees
Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, said: “As the leaders of the UAE continue to strengthen their efforts to keep the country safe and prosperous, we would also like to take this opportunity to applaud all our nation’s frontline heroes as they work tirelessly to serve and protect the nation. We are pleased to introduce exclusive banking benefits to support a society where opportunity is broadened, wealth is created fairly and the economy grows with shared prosperity.”
He added: “The benefits are all designed with our esteemed nation’s heroes in mind to support a more resilient, inclusive and sustainable future. Our goal is to make banking simpler and more rewarding, allowing our heroes to focus on what matters most, knowing their financial needs are well taken care of. This is our token of gratitude for their invaluable service.”
The post Emirates Islamic Launches Tailored Banking Benefits To Support UAE’s Frontline Heroes first appeared on UAE Today Blog.
