Emirates Islamic holds its 44th General Assembly Meeting – ZAWYA

  • Date: 11-Mar-2020
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Emirates Islamic holds its 44th General Assembly Meeting – ZAWYA

Emirates Islamic will continue to play an instrumental role in contributing to growth and innovation in the Islamic banking sector, working to educate more individuals and institutions in the UAE about the benefits of Islamic banking solutions.". Review and approval of the Directors' Report for the year ending 31 December 2019.. Review and approval of the Consolidated Financial Statements of the bank for the year ending 31 December 2019.. Appointing Deloitte & Touche (M.E.) as Auditors of the bank for the year 2020 and determining their remuneration.. establish any shari'a-compliant funding programme up to a maximum amount of US$ 2,500,000,000 in addition to the Sukuk Programme (the "New Programmes" and, together with the Sukuk Programme, the "Programmes") and undertake any subsequent update of the New Programmes;. Established in 2004 as Emirates Islamic Bank , the bank has established itself as a major player in the highly competitive financial services sector in the UAE.. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat