Emirates Islamic partners with Leonteq to unveil innovative Shariah-compliant structured products

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a new partnership with Leonteq Securities AG (Leonteq), one of the leading structured product issuers headquartered in Switzerland, for the distribution of Shariah-compliant structured products.

This milestone collaboration will expand the Shariah-compliant product offering of Emirates Islamic in the Wealth Management domain and combines capabilities designed to bring best-in-class Islamic solutions to the market that are not only relevant and innovative, but also deeply aligned with customers’ evolving needs.

Leonteq’s recently launched Shariah-compliant Trust Certificate Issuance and Offering Programme will be used to issue these Shariah-compliant structured products. Emirates Islamic will co-design products issued under this programme, while Leonteq will provide end-to-end services including issuance arrangement, Shariah-compliant hedging instruments and lifecycle management.

These Shariah-compliant structured products represent a dynamic and increasingly important asset class for sophisticated investors seeking Shariah-compliant instruments, customised risk-return profiles, capital protection, and market-linked opportunities. Through this agreement, Emirates Islamic is combining the strength of Leonteq’s structuring expertise and global product capabilities with the deep client relationships, regulatory robustness and market insights of Emirates Islamic. This collaboration will provide clients access to tailored investment strategies that align with their unique objectives and risk appetites.

Farid AlMulla, chief executive officer at Emirates Islamic, commented: “Emirates Islamic is pleased to partner with Leonteq to drive Islamic banking innovation in the region. The announcement adds relevance as we recognise the growing appetite among investors in the region for diversification and enhanced yield strategies. This partnership further reinforces our position as a forward-thinking financial institution with a promise to offer our customers best-in-class Shariah-compliant products of the highest ethical standards.”

Mohammad Kamran Wajid, Deputy CEO at Emirates Islamic, said: “We are excited to initiate a partnership with Leonteq. At Emirates Islamic, we have always been committed to remain at the forefront of banking innovation, delivering well-governed and client-centric investment solutions through our various channels. The collaboration with Leonteq is a shared vision to facilitate access to sophisticated investment solutions while maintaining the highest standards of transparency, suitability and governance.”

Victor Hayek, CEO MENA of Leonteq, stated: “We are thrilled to unveil our partnership with Emirates Islamic, showcasing a unique approach at the forefront of Islamic innovation. This collaboration enables Emirates Islamic clients to access an exclusive Shariah-compliant structured product offering, co-designed with Emirates Islamic, at a highly competitive minimum ticket size.”