# Emirates Islamic Bank / EI+

> Source: https://docs.barcoder.ai/docs/wallets/emirates-islamic
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Emirates Islamic Bank — official](https://www.emiratesislamic.ae/)

## Overview

**Emirates Islamic Bank** is **Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE - Personal & Business Needs** <sup>[1][1], [2][2], [United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup>. **2025 baseline**: **EI+ distinctive UAE Islamic banking app** (Emirates Islamic Bank EI+ Mobile Banking App - Fast & Secure + brings latest in technology and enhanced user experience to existing + new clients); Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform.

**Distinctive Emirates Islamic Bank positioning**:
- **Emirates NBD's Islamic banking subsidiary** (ENBD = UAE Big-4 bank by assets; Dubai government majority shareholder)
- **Best Islamic Bank in UAE - Personal & Business Needs**
- **EI+ distinctive UAE Islamic banking app** (Fast & Secure + latest technology + enhanced user experience for existing + new clients)
- **Emirates Islamic Bank businessONLINE** distinctive UAE Islamic SME banking platform
- **2004 Emirates Islamic Bank founding** as Emirates NBD's Islamic banking arm (formerly Middle East Bank; renamed Emirates Islamic Bank 2008)
- **Emirates Islamic Priority Banking + Mobile Banking Apps** distinctive UAE Islamic priority banking integration

## History

**1976 — Middle East Bank founded** in Dubai, UAE (Emirates Islamic Bank ultimate predecessor).

**2004 — Middle East Bank converts to Islamic banking** post-Emirates NBD Islamic banking strategy.

**2008 — Middle East Bank renamed Emirates Islamic Bank** post-Emirates NBD Islamic banking subsidiary consolidation.

**2020 — EI+ mobile banking app launches**.

**2025 — Emirates Islamic Bank EI+ Mobile Banking App + Emirates Islamic Bank businessONLINE + Best Islamic Bank in UAE - Personal & Business Needs** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Emirates Islamic Bank PJSC** (Emirates NBD subsidiary).

**Parent**: **Emirates NBD Bank PJSC (DFM: EMIRATESNBD)** — UAE Big-4 bank by assets; Dubai government majority shareholder.

**Regulator**: **CBUAE (Central Bank of UAE)**.

## Technical integration

**EI+ Mobile Banking App** (iOS + Android; UAE Islamic banking app; Fast & Secure + latest technology + enhanced user experience for existing + new clients) + emiratesislamic.ae online + Emirates Islamic Bank cards (Visa + Mastercard + Emirates Islamic banking cards) + Emirates Islamic Bank UAE branch network + **Emirates Islamic Bank businessONLINE** distinctive UAE Islamic SME banking platform; UAE IPI (Instant Payment Instruction) + Aani UAE instant payment service.

## Users & growth

**2025**: Emirates Islamic Bank EI+ Mobile Banking App + Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform.

## Use cases

UAE Islamic retail + private + corporate + SME + investment banking via EI+ Mobile Banking App + emiratesislamic.ae online + cards + branches + Emirates Islamic Bank businessONLINE distinctive UAE Islamic SME banking platform; UAE IPI + Aani UAE instant payment service.

## Implementations & partners

**Operator**: Emirates Islamic Bank PJSC (Emirates NBD subsidiary); **Emirates NBD Bank PJSC (DFM: EMIRATESNBD) parent**.

**Emirates NBD Group sister entities**: [Emirates NBD (ENBD X)](https://docs.barcoder.ai/docs/wallets/emirates-nbd) (Emirates NBD; UAE Big-4 bank; ENBD X distinctive UAE banking app) + [DenizBank / MobilDeniz / fastPay](https://docs.barcoder.ai/docs/wallets/denizbank) (Emirates NBD Turkish subsidiary post-Jul 31 2019 Sberbank $2.78B acquisition; MobilDeniz + fastPay distinctive Turkish banking apps) + Emirates NBD Egypt (post-2013 BNP Paribas Egypt $500M acquisition).

**Major UAE banking competitors**: [First Abu Dhabi Bank (FAB)](https://docs.barcoder.ai/docs/wallets/first-abu-dhabi-bank) (First Abu Dhabi Bank; UAE largest bank by assets) + [ADCB (Abu Dhabi Commercial Bank)](https://docs.barcoder.ai/docs/wallets/adcb) (Abu Dhabi Commercial Bank) + [Mashreq NEO + NEOPAY (UAE)](https://docs.barcoder.ai/docs/wallets/mashreq-neo) (Mashreq Bank; UAE Big-4) + [Dubai Islamic Bank (DIB)](https://docs.barcoder.ai/docs/wallets/dubai-islamic-bank) (Dubai Islamic Bank; world's first full-service Islamic bank since 1975; AED 393B total assets 9M 2025; UAE Islamic Big-2 with Emirates Islamic Bank) + [Abu Dhabi Islamic Bank (ADIB)](https://docs.barcoder.ai/docs/wallets/abu-dhabi-islamic-bank) (Abu Dhabi Islamic Bank) + RAK Bank (Ras Al Khaimah).

**Regulator**: CBUAE.

## Fun facts

- **Emirates NBD's Islamic banking subsidiary** (ENBD = UAE Big-4 bank by assets; Dubai government majority shareholder).
- **Best Islamic Bank in UAE - Personal & Business Needs**.
- **EI+ distinctive UAE Islamic banking app** (Fast & Secure + latest technology + enhanced user experience for existing + new clients).
- **Emirates Islamic Bank businessONLINE** distinctive UAE Islamic SME banking platform.
- **2004 Middle East Bank converts to Islamic banking + 2008 Middle East Bank renamed Emirates Islamic Bank** post-Emirates NBD Islamic banking subsidiary consolidation.
- **Emirates Islamic Priority Banking + Mobile Banking Apps** distinctive UAE Islamic priority banking integration.

## Comparison

| Feature | Emirates Islamic Bank / EI+ | [Dubai Islamic Bank (DIB)](https://docs.barcoder.ai/docs/wallets/dubai-islamic-bank) (Dubai Islamic Bank rival; world's first full-service Islamic bank since 1975; AED 393B total assets 9M 2025; UAE Islamic Big-2 with Emirates Islamic Bank) | [Abu Dhabi Islamic Bank (ADIB)](https://docs.barcoder.ai/docs/wallets/abu-dhabi-islamic-bank) (Abu Dhabi Islamic Bank rival) | [Emirates NBD (ENBD X)](https://docs.barcoder.ai/docs/wallets/emirates-nbd) (Emirates NBD parent; ENBD X distinctive UAE banking app) | [First Abu Dhabi Bank (FAB)](https://docs.barcoder.ai/docs/wallets/first-abu-dhabi-bank) (First Abu Dhabi Bank rival; UAE largest bank by assets) |
|---|---|---|---|---|---|
| Operator | **Emirates Islamic Bank PJSC (Emirates NBD subsidiary; Emirates NBD Bank PJSC parent DFM: EMIRATESNBD)** | Dubai Islamic Bank PJSC (DFM: DIB) | Abu Dhabi Islamic Bank PJSC (ADX: ADIB) | Emirates NBD Bank PJSC (DFM: EMIRATESNBD) | First Abu Dhabi Bank PJSC (ADX: FAB) |
| Type | **Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE + EI+ Mobile Banking App (Fast & Secure) + Emirates Islamic Bank businessONLINE UAE Islamic SME banking + Emirates Islamic Priority Banking** | World's first full-service Islamic bank since 1975 + AED 393B total assets 9M 2025 + record revenues AED 9.7B + DIB alt UAE Islamic banking app + DIB Digital Account + 6-country footprint + 2020 Noor Bank AED 4.3B acquisition | UAE Islamic Big-2 with DIB + ADIB Direct + ADIB Egypt + ADIB UK + ADIB Saudi Arabia | UAE Big-4 + ENBD X + Emirates Islamic Bank subsidiary + DenizBank Turkish subsidiary post-Jul 2019 Sberbank acquisition | UAE largest bank by assets + FAB Mobile + Mubadala Investment Company controlling |
| Country | AE | AE + 5+ countries | AE + EG + UK + SA | AE + TR + 5+ countries | AE + EG + UK + SA + 14+ countries |
| Distinctive | **1976 Middle East Bank founding in Dubai (Emirates Islamic Bank ultimate predecessor); 2004 Middle East Bank Islamic banking conversion; 2008 Middle East Bank renamed Emirates Islamic Bank; 2020 EI+ mobile app launch** | Sep 12 1975 DIB founding (world's first full-service Islamic commercial bank); Jan 2020 Noor Bank AED 4.3B acquisition | May 20 1997 Abu Dhabi Islamic Bank founding | 1963 Emirates NBD founding heritage; 2007 Emirates Bank + NBD merger → Emirates NBD; Jul 31 2019 DenizBank $2.78B from Sberbank | 1968 National Bank of Abu Dhabi founding + 2017 NBAD + FGB merger → FAB |

## Status

**Active, Emirates NBD's Islamic banking subsidiary + Best Islamic Bank in UAE** <sup>[1][1], [2][2]</sup>:
- **Emirates Islamic Bank PJSC (Emirates NBD subsidiary; Emirates NBD Bank PJSC parent DFM: EMIRATESNBD)** since 1976 Middle East Bank founding + 2004 Middle East Bank Islamic banking conversion + 2008 renamed Emirates Islamic Bank + 2020 EI+ mobile app launch.
- **EI+ Mobile Banking App (Fast & Secure) + Emirates Islamic Bank businessONLINE UAE Islamic SME banking + Emirates Islamic Priority Banking**.
- **CBUAE regulated**.

## Sources

[1]: https://www.emiratesislamic.ae/en "Best Islamic Bank in UAE - Personal & Business Needs — Emirates Islamic"
[2]: https://www.emiratesislamic.ae/en/personal-banking/ways-to-bank/ei-plus-mobile-banking-app "EI + Mobile Banking App – Fast & Secure — Emirates Islamic"
[ae-cro]: https://docs.barcoder.ai/docs/payments/AE

- [1] [Best Islamic Bank in UAE - Personal & Business Needs — Emirates Islamic][1]
- [2] [EI + Mobile Banking App – Fast & Secure — Emirates Islamic][2]
- <sup>[United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup> In-corpus: `reports/countries/AE-united-arab-emirates.md`

## Source

Biography extracted from [emirates-islamic.md](https://docs.barcoder.ai/source/wallets/emirates-islamic). See `matrix.md` for standards-support matrix if present.