Islamic banks in Dubai
When it comes to the financial sector, the UAE features some of the best banking services in the world. You can also find some great Islamic banks in Dubai that cater to individuals looking for Sharia-compliant banking services in the UAE. Here’s a list of the best Sharia banks in Dubai that can be approached for Islamic banking services in the country.
TOP ISLAMIC BANKS IN DUBAI
In the UAE both traditional financial institutions and specialised Islamic banks are available for Sharia-compliant services. If you are on the lookout for such banking services, here is the list of the top banks for Islamic financial services in Dubai.
EMIRATES ISLAMIC BANK
First on this list of Islamic banks in Dubai is Emirates Islamic. Whether you are looking for personal, business, or corporate banking solutions, Emirates Islamic Bank has some of the best schemes available in Dubai. If you are unsure of what type of services apply to you, they have a team of dedicated experts can guide you on Sharia-compliant solutions that fit your requirements.
DUBAI ISLAMIC BANK
Established in 1975, Dubai Islamic Bank is one of the first banks to offer Sharia-compliant financial solutions in Dubai and the rest of the UAE. With over 90 branches across the UAE, Dubai Islamic Bank is actually one of the largest Islamic banks in Dubai. They specialise in various personal and corporate banking services that range from opening of an Islamic bank account to savings schemes and much more. You can even manage your money on the go thanks to their curated online banking options.
NOOR BANK
Another one of the popular banks that offer Sharia-compliant Islamic banking in Dubai is Noor Bank. This is one of the newer banks that have quickly established a strong presence in the market for Sharia banking in Dubai that is safe, fast and convenient. From Islamic accounts and deposits to personal and corporate finance options, Noor Bank offers its clientele the best when it comes to Sharia-compliant banking in Dubai.
EMIRATES NBD
Another entry on the list of Islamic banks in Dubai is Emirates NBD. This bank was established back in 2007 and since risen to become one of the best banks in Dubai. Emirates NBD offers a host of Sharia financial services in Dubai which includes opening an Islamic current account and various deposit plans that apply profit-sharing schemes. They even offer wholesale banking services that are Sharia-compliant for business sectors like manufacturing construction, real estate, trading, hospitality, healthcare, education and more.
MASHREQ BANK (Mashreq Al Islami)
Rounding up our list of Sharia banks in Dubai is the famous Mashreq Bank. They offer their Sharia banking services in Dubai to their clients, under a separate Islamic banking division called Mashreq Al Islami. Some of the financial services offered by Mashreq Al Islami include opening bank accounts, issuing debit and credit cards, as well as car and home financing. They even offer a unique rewards scheme known as Mashreq Salaam Rewards to help you maximise your earnings and savings. If you are looking for Islamic investment banks in Dubai, this one is definitely an option to consider.
There we have it, a list of the top Sharia banks in Dubai. The banks mentioned in this list are ones that are headquartered in Dubai. However, some of the banks in Abu Dhabi also offer Islamic banking solutions in Dubai. This includes First Abu Dhabi Bank (FAB), Abu Dhabi Islamic Bank (ADIB), Abu Dhabi Commercial Bank (ADCB) and Al Hilal Bank. RAK bank is also another popular bank with Sharia-compliant banking services in the UAE.
We hope this article was informative enough to help you gauge all the available options in the city when it comes to Sharia-compliant banking in Dubai. Another related article to this topic that you may find helpful is this guide on how to open a bank account in Dubai. If you are looking for general banking services, take a look at the list of banks in Dubai.
