TLDR:
Emirates Islamic has introduced a digital wealth and equity trading platform on its mobile banking app. The platform enables customers to manage their investments by trading in Shariah-compliant equities in local and international markets. It also provides a comprehensive view of customers’ overall investment portfolio. The platform is seamlessly integrated into the bank’s mobile banking app, allowing customers to engage in investment and trading activities within the same app. It includes features such as market updates, investment tools, and access to independent analyst assessments and market consensus data.
Emirates Islamic Launches Digital Wealth and Equity Trading Platform on Mobile Banking App
Emirates Islamic, a Shariah-compliant bank, has announced the launch of a digital wealth and equity trading platform on its mobile banking app. The platform allows customers to easily manage their investments by trading in Shariah-compliant equities in both local and international markets. It also provides customers with a complete and holistic view of their overall investment portfolio held with the bank.
The platform is seamlessly integrated into the bank’s mobile banking app, enabling customers to engage in investment and trading activities within the same app. Customers can track market updates pertaining to their portfolios and check significant market trends of the day. The platform also offers various investment tools, including historical and intraday charts with technical analysis, and grants access to independent analyst assessments and essential market consensus data. Customers can create multiple watchlists for monitoring stocks and have access to a stock screening tool for exploring potential investment prospects.
Mohamed Al Hadi, Acting Head of Retail Banking and Wealth Management at Emirates Islamic, stated that the new Digital Wealth platform aligns with the bank’s vision to be the most innovative Shariah-compliant bank. He emphasized the bank’s commitment to leading innovation and driving growth in Islamic banking and finance.
Emirates Islamic has positioned itself as a pioneer in driving digital banking innovation in the Islamic financial services sector. The introduction of the digital wealth and equity trading platform on its mobile banking app further enhances the bank’s offering and provides customers with a comprehensive platform serving both daily banking and wealth management requirements, according to Syed Muhammad Umair, Head of Wealth Management at Emirates Islamic.
The launch of the digital wealth and equity trading platform showcases Emirates Islamic’s efforts to strengthen and grow its digital offerings to customers. The platform supports the bank’s digital-first approach, which has gained traction over the years. By focusing on customer satisfaction and innovation, Emirates Islamic aims to become a leading Shariah-compliant bank for its customers, people, and communities.
