---
id: 349
title: "Emirates: Best Islamic Bank in the UAE"
award_year: 2013
published: 2013-02-11 12:28:17
published_gmt: 2013-02-11 12:28:17
author: "CFI.co Editorial"
url: "https://cfi.co/awards/middle-east/2013/emirates-best-islamic-bank-in-the-uae/"
categories: ["Banking", "Finance", "Islamic Banking", "Middle East"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20210724022433
wayback_snapshot_url: "http://web.archive.org/web/20210724022433/https://cfi.co/awards/middle-east/2013/emirates-best-islamic-bank-in-the-uae/"
license: CFI-OAAL-1.0
content_sha256: 7027a15848524532a0b5635323f327c3ebd3a00211b126535831f032bc0e2242
canonical: 349-emirates-best-islamic-bank-in-the-uae.json
---

# Emirates: Best Islamic Bank in the UAE

> Verbatim archived copy. Canonical machine record: `349-emirates-best-islamic-bank-in-the-uae.json`.

<strong><img class=" size-full wp-image-350 aligncenter" src="https://cfi.co/awards/wp-content/uploads/2013/02/eib.jpg" alt="eib" width="215" height="55" /></strong>
<p style="text-align: justify;"><strong>In 2012, Emirates Islamic Bank completed the integration of Dubai Bank to become the third largest Islamic lender in the United Arab Emirates.</strong></p>
<p style="text-align: justify;">The judging panel commended the Bank’s handling of the process which took up most of the calendar year.  One of the fastest growing banks in the country in 2012 and with a sixty per cent improvement in profitability, Emirates look set to benefit from the ruler of Dubai’s recent stated ambition for the Emirate to become the global capital of Islamic economy.</p>