Emirates Islamic successfully concludes its five-year Club Commodity Murabaha term facility, focusing on strategic growth

Dubai, UAE, 31 March 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has successfully concluded its USD 500-million, five-year Club Commodity Murabaha term facility. The landmark transaction highlights yet another significant achievement in securing long-term USD funding for Emirates Islamic.

With an extremely competitive profit rate for a five-year tenor, the facility was accomplished within an accelerated timeframe, demonstrating disciplined execution and seamless coordination among all stakeholders.

The facility attracted strong interest from leading international banks, reflecting Emirates Islamic’s robust relationships with global financial institutions and its reputation as a trusted partner.

Farid Al Mulla, Chief Executive Officer of Emirates Islamic, said: “We are pleased to conclude yet another successful Commodity Murabaha term facility. The landmark transaction further positions Emirates Islamic for strategic growth, strengthens our focus on innovating with purpose, elevating customer experience and enables us to achieve our funding objectives.”

Mohammad Kamran Wajid, Deputy Chief Executive Officer of Emirates Islamic, said: “Concluding this five-year club financing facility at exceptionally tight pricing, with strong demand from international banks, is a clear testament to the market’s confidence in Emirates Islamic’s financial strength, prudent management and strategic direction. The facility further reinforces the bank’s robust liquidity position, enabling continued support for stakeholders and contributing to a more prosperous future for the UAE.”

The bank is also a leader in integrating Shari’ah-compliant finance with sustainable practices, highlighted by the successful issuance of the world's first Sustainability-Linked Financing Sukuk in 2025.