Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is offering customers personal finance up to 20 times their salaries as part of a special promotion valid until May 8.

Customers with salaries of Dh7,500 ($2,042) and above can benefit from this offer and enjoy competitive pricing and high finance amounts for expatriates and UAE nationals, in addition to the option of an initial payment holiday, said the bank in a statement.

This campaign is applicable to all types of customer needs - an existing customer who wishes to top-up their amount, a customer who wishes to transfer their finance to Emirates Islamic for a higher amount, or someone who is looking to borrow for the first time, it stated.

Wasim Saifi, the deputy CEO for Consumer Banking and Wealth Management, said: "As we approach the holy month of Ramadan and subsequently the summer holiday season, our customers tend to seek a range of financial solutions for their varying needs."

"We are pleased to announce this offer whereby customers can avail up to 20 times their salary for personal finance. Moreover, with our fast turnaround times, high financing limits and seamless paperwork, we expect our customers to make the best of this offer, whether it is to settle debts, plan a holiday or invest back home," stated Saifi.

Emirates Islamic has been a leading player in the Personal Finance category, offering its customers the best rates, benefits and promotions. The Bank was recently recognised as the ‘Islamic Personal Finance Provider of the Year’ by YallaCompare, the leading financial comparison site in the Middle East. -TradeArabia News Service