- Bank wins 'Sustainable Finance Deal of the Year' in the Middle East for successful issuance of the world's first Sustainability-Linked Financing Sukuk of USD 500 million
- Award showcases Emirates Islamic's commitment to sustainable finance and its key role in supporting the UAE's sustainability goals
Dubai, UAE, 28 April 2026: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has won 'Sustainable Finance Deal of the Year' for the Middle East region at the Global Finance Sustainable Finance Awards 2026. This prestigious recognition underscores the bank's leadership 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. Built on a foundation of credibility and rigorous methodology, Emirates Islamic has published its Sustainability-Linked Financing Sukuk Framework 2025, which received a favorable Second Party Opinion (SPO) validating both the Sustainability Quality of the Issuer and the robustness of the Framework itself. Mohammad Kamran Wajid, Deputy CEO, Emirates Islamic, said: "We are pleased to receive the 'Sustainable Finance Deal of the Year' in the Middle East award from Global Finance. This prestigious recognition is a testament to Emirates Islamic's leadership in blending Shari'ah-compliant finance with cutting-edge sustainable practices. Innovation has been central to our role in Islamic finance and continues to underpin our ambition to set new industry standards. The successful issuance of the world's first Sustainability-Linked Financing Sukuk reinforces our unwavering commitment to responsible finance, highlights our dedication to actively supporting the UAE's ambitious sustainability goals and fostering a greener, more inclusive future." Ebrahim Khalil Qayed, Head of Treasury and Markets, Emirates Islamic, commented: "The successful issuance of the world's first Sustainability-Linked Financing Sukuk was a landmark transaction, reflecting strong confidence from regional and international investors. We continue to embed sustainability into the way we operate, manage risk and create value. This milestone reinforces our ambition to advance sustainable finance and confirms Emirates Islamic as a forward-thinking bank helping to build a more responsible financial ecosystem for the UAE and beyond." Emirates Islamic's leadership in sustainability-linked Islamic finance is anchored in purpose, enabling the bank to deliver responsible Islamic financing solutions that support sustainable growth for individuals, businesses and communities.
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