Emirates Islamic, a leading Islamic financial institution in the UAE, has been named ‘Best Islamic Bank for SMEs’ at the prestigious MEA Finance Awards 2025.
The recognition underscores the bank’s leadership in empowering the small and medium-sized enterprise (SME) sector through innovative Shariah-compliant financial solutions and exceptional service.
The award highlights Emirates Islamic’s strong value proposition for SMEs, recognizing its excellence in service quality, customer experience, digital capabilities and tailored Islamic products.
The bank actively serves more than 45,000 SMEs, with one in 15 SMEs served by Emirates Islamic’s business banking segment, demonstrating its significant role in supporting the UAE’s entrepreneurial ecosystem.
Aligned with its commitment to addressing the evolving needs of SMEs, Emirates Islamic has continued to enhance its product offerings. In May, the bank introduced the Business Banking Diamond account, a premium, tailored solution designed to meet the sophisticated financial requirements of established and high-value SMEs.
This initiative is complemented by significant digital innovations, strategic partnerships, and advanced data analytics, enabling the bank to better understand SME behaviors, deliver personalized solutions, and proactively support business growth. Together, these advancements strengthen Emirates Islamic’s leadership in providing Shariah-compliant banking solutions for SMEs.
Mohammad Kamran Wajid Deputy CEO – Emirates Islamic
“This award reflects our unwavering commitment to understanding and meeting the evolving needs of SME clients while supporting the broader SME ecosystem, a vital driver of economic growth in the UAE. Through comprehensive digital services and personalized relationship management, we provide accessible, efficient and Shariah-compliant financial solutions that empower entrepreneurs and foster sustainable business growth.”
Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, said that, “Being named ‘Best Islamic Bank for SMEs’ is a testament to our efforts to support SMEs at every stage of their journey. Through smart digital solutions, data-driven insights and Shariah-compliant offerings, we aim to equip SMEs with the tools and confidence needed to navigate today’s dynamic and competitive business environment.”
The MEA Finance Industry Awards 2025 recognize financial institutions, technology solutions providers, FinTechs, service providers, and individuals for their exceptional achievements, groundbreaking services, and inspirational leadership in delivering innovative products and services of the highest value to their clients and customers across all walks of society.
