Tuesday 15, February 2011 by
Emirates Islamic Bank launches new personal finance product
Emirates Islamic Bank (EIB) announced the launch of their new personal finance product: "Investment Murabaha". The customers can hold or sell their shares depending on their objectives, i.e. growth in their investments or enhancing their funds flow. The product is for UAE Nationals as well as expats and is based on the Wakalah/Murabaha structure.
