Emirates Islamic Offers Special Exchange Rates On Currencies For Summer Travel Season

Promotion focused on providing best exchange rates on currencies of major travel destinations

•Umrah and Haj travellers to benefit from discounted summer exchange rates on Saudi Riyal

•Travellers to United States and Europe also to benefit from special exchange rates on US Dollar, the Euro and Sterling 
Dubai – Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of its special exchange rate offer spanning aselected range of currencies, for the summer travel season. The bank intends to offer the best exchange rates throughout the summer monthson several currencies including the US, the Euro, British Pound and Philippine Peso, in addition to the on-going promotion on Saudi Riyals.

To meet the surge in demand for foreign exchange during the summer holiday season, the special rates will be offered to travellers without any processing fees and will enable them to save on currency exchange on major currencies. The special exchange rates on foreign currencies further builds on the bank’s continuing offer on Saudi Riyals, to facilitate travellers to Saudi Arabia for Haj, Umrah, or for businessthroughout the year.

“Customer convenience is a key driver at Emirates Islamic, and we believe in developing a diverse range of world class Shari’a-compliant products and services that are designed to meet the specificand timely needs of the resident population in the UAE,” said Faisal Aqil, Deputy CEO – Consumer Wealth Management, Emirates Islamic. “With expatriates comprising a considerable percentage of our customers base, foreign exchange services are a critical component of the bank’s services, and we constantly explore ways to offer our customers optimum rates.’

“This special offer is designed to facilitate summer travellers going to Europe and North America, and give them the best currency exchange rates. It is also timely for travellers who are planning their trip to Saudi Arabia for Haj or Umrah, at the onset of the Holy Month of Ramadan,” he added. 

This promotion is available for both customers and non-customers of Emirates Islamic. Currencies can be ordered either at any Emirates Islamic branch or through online banking.

The special summer exchange rate offer is part of Emirates Islamic’s wider strategy to diversify and expand its product range and offer customers remittance and currency exchange products in addition to standard retail banking services.

 About Emirates Islamic

Established in 2004, as Emirates Islamic Bank, Emirates Islamic opened its doors with the clear goal of offering discerning customers Islamic finance solutions. Combining the best in Shari’a compliant services with the strongest levels of customer care and efficiency, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. Offering products and services developed in line with the highest ethical standards, Emirates Islamic gives customers the transparency they seek in a strong, honest financial partner.

Emirates Islamic offers a comprehensive range of products and services across the Personal, Business and Corporate banking spectrum. Its network has expanded to reach over 50 branches and more than 100 ATMs across the UAE. In the fast growing area of online and mobile banking, the bank has the reputation as an innovator, and was the first Islamic bank to launch a mobile banking app and the first bank in the Middle East to launch an App on the new Windows 8 mobile platform.

Emirates Islamic has received numerous accolades, both regionally and in the international arena, including recognition for “Best Islamic Bank, UAE” by two extremely prestigious publications, World Finance and CFI. In 2013, the bank was recognised as a “Superbrand 2013,” and as the “Best Corporate Bank” in the UAE in 2013. In addition, it has also been recognised by Sheikh Mohamed Bin Rashid Business Award and Ethos Award for Best Islamic Bank for Customer Service in the UAE. These awards are recognition of the high levels of customer satisfaction as well as an acknowledgement of the bank’s strong record of performance, growth and market leading banking practices.

For further information please visit www.emiratesislamic.ae

For further information, please contact:
Amina Al Zarooni
Media Relations Manager, Emirates Islamic
Tel: 971 4 4397430; Mob: 971 56 6405080
Email: AminaAlZarooni@emiratesislamic.ae

Sudha Chandran | Hiba Moussa
ASDA’A Burson-Marsteller, Dubai, UAE
Tel: 971-4-4507600, Fax: 971-4-4358040
Email:sudha.chandran@bm.com/hiba.moussa@bm.com

Originally published on www.zawya.com