IslamicFinance.de

Dubai Green Economy Partnership (Dubai GEP) has signed an agreement with Emirates Islamic to provide easy financing options for consumers in Dubai to purchase green products on the Green Deal website. The agreement was signed on the sidelines of the World Green Economy Summit (WGES) recently. According to Faisal Aqil, Deputy CEO at Emirates Islamic, the bank will offer flexible financing schemes at competitive rates. He expects that a convenient financing option will be a huge incentive for the higher uptake of products from the Green Deal platform. The Green Deal site features products that can improve sustainability in day to day life, which include technologies for Energy Efficiency, Solar Energy, Energy Auditing, Water Efficiency and Thermal Control.

Emirates Islamic announced the launch of Social Banking, offering banking services via Twitter, making it the first Islamic bank in the UAE to offer banking services on a social media platform. Faisal Aqil, Deputy CEO, said banking via twitter is especially relevant given the UAE’s advanced social media and mobile phone penetration. Customers will be able to perform select transactions such as balance enquiry, view their last few transactions, and make enquiries about their accounts or credit cards with a simple tweet. To maintain privacy and confidentiality, the bank will only respond to customer queries via a direct message.

Ebrahim Fayez Al Shamsi, the chief executive of Emirates Islamic Bank, has resigned. His replacement will be deputy chief executive Abdullah Showaiter. Faisal Aqil, general manager of retail banking, will be the new deputy CEO.
Emirates Islamic and ENBD didn't want to comment.

Business Intelligence reported on 9 April about the Islamic Visa card of Emirates Islamic Bank, Skywards, and Emirates.

The Emirates Islamic Bank Skywards Credit Card will come with a list of benefits and features.

Faisal Aqil is General Manager of Retail Banking at Emirates Islamic Bank. Kamran Siddique is Visa General Manager for the Middle East and North Africa.

Source: http://www.bi-me.com/main.php?c=3&cg=2&t=1&id=19053