Emirates Islamic launches AED 1.5 million Business Banking campaign to reward UAE SMEs

• AED 1.5 million in cash prizes for 21 UAE Businesses, including an AED 300,000 Grand Prize
• New-to-Bank customers receive double entries as Emirates Islamic expands its support for the UAE SME community

Dubai, 14 September 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched its Business Banking campaign, offering UAE SMEs the opportunity to win a share of AED 1.5 million in cash prizes.

Running from 1 September to 31 December 2026, the campaign will see 21 businesses win cash prizes, including a Grand Prize of AED 300,000, sixteen prizes of AED 50,000 each and four prizes of AED 100,000 each. Customers can increase their chances of winning by growing their business account balances, with higher balances giving them more entries into the campaign. New-to-Bank customers will receive double entries, giving businesses that are establishing a new banking relationship with Emirates Islamic an additional opportunity to participate in the campaign.

The campaign builds on the strong engagement generated by Emirates Islamic's earlier campaign with cash rewards of AED 1 million shared between 55 SMEs and reflects the bank's continued focus on supporting SMEs and entrepreneurs across the UAE. With more than 45,000 SME customers, Emirates Islamic is focused on developing long-term relationships with businesses and supporting them through different stages of their growth.

Mohamed Al Hadi, Head of Retail Banking and Wealth Management at Emirates Islamic, said: “SMEs play an important role in the UAE economy, and we want to support our customers as they build and grow their businesses. This campaign is about recognising their progress and rewarding them as they strengthen their banking relationship with us. It also gives new customers more opportunities to win. By offering substantial cash prizes, we are turning everyday deposit management into a tangible growth catalyst. We remain focused on being a banking partner for businesses, with propositions that support their needs as they grow.”

Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic, said: “SMEs are ambitious by nature and play a vital role in driving the UAE’s economic growth. Through this campaign, we are encouraging businesses to optimise their liquidity, strengthen financial reserves and build greater resilience for future growth. Following the strong response to our earlier campaign, we are raising the bar with AED 1.5 million in cash prizes and more opportunities for businesses to win. Our focus remains on delivering practical, high-value financial solutions that help entrepreneurs manage cash flow effectively while scaling their operations.”

For Emirates Islamic, supporting SMEs goes beyond providing banking products; the campaign forms part of the bank’s wider role in supporting the UAE’s SME ecosystem and the continued growth of businesses across the country. The campaign is open to eligible Emirates Islamic Business Banking customers in the UAE, including new and growing businesses.