Emirates Islamic Bank Launches AED 1M Campaign for SMEs
The initiative rewards businesses for maintaining higher account balances until June 30th.
Emirates Islamic, a Dubai-based Islamic bank offering Sharia-compliant financial services, has launched a Business Banking campaign aimed at supporting small and medium enterprises in the United Arab Emirates, offering a total prize pool of Dhs 1 million.
Running until June 30th, 2026, the campaign invites businesses to participate by increasing and maintaining their average balances in Business Banking accounts. New-to-bank customers will receive double entries into the prize draws.
Over the three-month period, 55 winners will be selected. The final draw includes a top prize of Dhs 250,000, alongside Dhs 100,000 prizes for two winners and Dhs 25,000 prizes for 12 winners. Earlier monthly draws will offer prizes of Dhs 10,000 and Dhs 5,000.
The bank said the initiative is designed to support SME customers and strengthen business resilience, particularly as companies navigate changing market conditions.
Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, said the campaign forms part of efforts to support long-term economic participation and growth among SMEs.
Emirates Islamic currently serves more than 40,000 SME clients through its business banking segment, with the campaign positioned as an incentive to encourage stronger financial management and liquidity among businesses.
