Emirates Islamic takes top honours at Euromoney awards

Emirates Islamic received multiple accolades at the recently concluded Euromoney Islamic Finance Awards 2025. These awards, which included ‘The World’s Best Islamic Digital Bank’, ‘The Middle East’s Best Islamic Digital Bank’, and ‘The UAE’s Best Islamic Digital Bank’, were given in recognition of its performance and innovation in Shariah-compliant digital banking.

The bank’s digital-first strategy has resulted in more than 500,000 customers registering for its EI+ mobile app. Over 90% of eligible customers now bank online or through the mobile platform, with the app logging more than 18 million transactions and an average of 4 million monthly logins. According to Emirates Islamic, expanding app services from 50 at launch to 160 features, including Islamic investment products, has driven a 30% increase in financial transactions.

In addition to its digital banking awards, Emirates Islamic was recognised for its ESG and sukuk activity. The bank received the award for ‘The Middle East’s Best Islamic ESG Deal’ for its $750 million senior unsecured sukuk, which closed with an order book of $2.1 billion and was 2.8 times oversubscribed. The sukuk was positioned as a milestone ESG transaction within the regional Islamic finance market.

The bank also received four corporate banking awards, including ‘The Middle East’s Most Innovative Islamic Deal’ and three UAE-specific distinctions: ‘Islamic Finance Deal of the Year’, ‘Best Islamic ESG Deal’, and ‘Most Innovative Islamic Deal’.

The Euromoney Islamic Finance Awards recognise financial institutions that demonstrate market leadership, product innovation, and contributions to the development of the Islamic banking industry.